Re: 🔹🅰RK🔹[ANN][ARK] A Platform for Consumer Adoption with SmartBridge🔹
Why are ARK TEC funds being used for ARK crew personal gain. Why can't they be used to up vote an ARK TEC Delegate for Lisk forging?
An ARK delegate with all forged Lisk reinvested in furthering ARK! Developers, marketing, smartbridging.. you name it.
Better that than lining individual's pockets.
Down with the Raiders of the Lost ARK!
Okay, let's try this from a different angle.An ARK delegate with all forged Lisk reinvested in furthering ARK! Developers, marketing, smartbridging.. you name it.
Better that than lining individual's pockets.
Down with the Raiders of the Lost ARK!
ARK doesn't have the funds to vote up delegates. Currently the minimum entry into 101 is 7m lisk, ARK hold 4.7m not even close to make any delegate active if that delegate doesn't already have a lot of votes.
And if an individual delegate already have millions in weight that is because they have been working on gaining in for months now, most 8-10 months. Do you think any of this individual would be willing to say, "I give up" just use my gathered weight to fund ARK. I don't think so.
So ARK delegates in Lisk are not happening. Period.
Try the flip side of that. An individual doesn't have enough funds to vote themselves up. Therefore you use the ARK TEC funds to do it.
Travesty.
Instead, Why don't you mandate that any individual who wishes to use ARK TEC for personal gain does it by lended their weight to the ARK TEC delegate and gets a return. Majority used to support ARK project.
No? Makes too much sense!
Down with the Raiders of the Lost ARK!
lol mandate like a king? You do know that crypto is about decentralization and people being able to take charge of their own decisions. Not to be dictated like, well a dictator.
It's supporting ark, just depends on how you look at it.
Weak.
bet you 5 bucks you're a bitbanksy sockpuppet lol
Would that be 5 bucks you forged using misappropriated ARK TEC funds Canna?
Down with the Raiders of the Lost ARK.
Here's for an ARK TEC Delegate for Lisk forging!
Oh now I know for sure.
this is from the german board:
Gevotet vom Ark-ICO Account
thepool traderbill techbytes doweig cad789 cannabananadelegate idealisk bitseed
https://explorer.lisk.4miners.net/address/9569486828221897676L
i can not translate the article.... but it says something like the named persons have been voted from the ark-ico account.
Well I guess we are not the only one seeing how unethically the misuse of ICO funds is.
Per the original direction of Lisk management, it was recommended that those interested in becoming delegates for Lisk solicit votes by offering to use the forging rewards on Lisk related projects. Ark was founded to be able to run as a blockchain which can be bridged to Lisk and operate as a blockchain application with Lisk, so Lisk developers would have access to the blockchains bridged to Ark and Ark developers would have access to the Lisk blockchain applications, so it qualifies as such a project. Since there are very few salaried positions with Ark, and the current budget is under $15,000 USD per month, the use of Lisk forging positions as alternate compensation to develop a Lisk related project allows the current funding level to last much longer, and to have the cash on hand for hiring additional developers as blockchain qualified candidates to fill as needs and opportunity arise, to pay for other operating expenses, and for marketing when mainnet is released.
The current operation of Ark is completely within the guidelines originally presented by Lisk management.
The current operation of Ark is completely within the guidelines originally presented by Lisk management.
..."the use of Lisk forging positions as alternate compensation to develop a Lisk related project allows the current funding level to last much longer, and to have the cash on hand for hiring additional developers as blockchain qualified candidates to fill as needs and opportunity arise, to pay for other operating expenses, and for marketing when mainnet is released."
Well this sounds like the way forward. Much fairer! But how can this arrangement be formalized to prevent individual profit taking and encourage ARK Crew delegates to use forged Lisk in the ways you have described?
we don't have to explain or even do what you are asking.