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RE: Should We Create a Development Fund?
The fund would have to be managed by stake based consensus voting. Because we are a DPOS chain.
The good news is it would be fairly easy to write some sort of app for presenting and voting on Work Projects to fund.
Here exactly where I see the biggest problem.
Stinc with their accounts can approve or dismiss any proposal or money allocation to any project with their stake.
Yeah, that is a very valid concern. You are right, I keep thinking the whole project is doomed to either rely on Steemit Inc or hope they are good partners if we try to manage anything with out them.
People buying lotto tickets all the time and hope...