Marketing = 3 million
infrastructure = 1 million or cost to deploy hubs needed for 1000TPS
tech = ~6 million - infrastructure
infrastructure = 1 million or cost to deploy hubs needed for 1000TPS
tech = ~6 million - infrastructure
What the hell is "infrastructure fund"? Why money is being juggled so easily?
That 1 million will appreciate significantly if we do things right, so why such arbitrary decisions are taken so lightly?
That should be a part of tech and tech will decide how much is needed to support the network, not some arbitrary round number.
And I want a fiscal conservative, like rickyjames to have at least a veto power, so we won't burn through all this money in a month! This radio deal we've got into so quickly doesn't look particularly bright.
Also, giving the rich more money in addition to their original stakes doesn't seem right. At least for outsiders it won't look good, we already have the distribution accusations...
I would rather see an independent trustees, who are not the original stakeholders.
nxtchg, please understand that we have to decide on a Process to deal with unclaimed funds. The treasurers will have no say in how the money is spent. Separation of decision making from access to funds.
If you want to participate in the marketing committee then you can. But it is not appropriate for you to derail the entire process because you don't agree with one of the decisions made. We are talking about Process now. Not any specific spending decision. I know you are the worlds best programmer, but are you also the worlds best marketer? Please do not tangle up specific spending decisions of an area outside your sphere with the process.
Do you have any objections with klee or neer.g or bybitcoin or Pouncer being the ones who are responsible to disburse the NXT when directed by the respective committee?
James