Very interesting video guys. As you know Im like @doze have been questioning the funding of SWC for some time now you can look back at my July post on Valueplan . I’m not against the athletes but I do think the funding is a bit much for this type of sponsorship . It’s great to get an inside track on how the funds are spent especially in terms of the lacklustre accommodations that you are in for your events. Il will be interested to hear Valueplans response to this and if they start looking into more detail this funding requests and costings. Seeing that you can run an event for $900 which looked to be a great event. It’s in the region of the costings I would put on an event like this and this would be in Europe so $900 would go further I imagine over where you live . Also the flyer issue was interesting as Victor looks like to have that wrapped up but you can do a flyer up in 30 minutes for any event. Maybe now that he is getting funded generously for his bike racing he will be too busy to do the SWC fliers. I’m glad someone picked up around the sandbag costs and they did look extortionate and I did not know whether it was the geography or where you were located. Brilliant post guys . Very brave to come out like that . I will mention this post in my August issues of Valueplan seeing that nobody got back to me yet around anything SWC related and this is the first post to go into the crooks of it . Now there are two sides to every story and money always causes arguments with team members but I think funding should be postponed here until a proper costing for an event takes place.
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Sorry for not giving you credit. Maybe you noticed that I used an image with one of the tables from your posts. The one where you talk about Valueplan. No way... thanks brother. It was useful, because I didn't even remember how much money they had passed on. Every time you take a look at it the figure is more absurd.
I understand your concern. I always had it with Victor's designs, they are horrible, the worst thing is that he always says he spent a lot of hours thinking them up. Damn, what an efficient guy! I hope he didn't run out of brain cells. Between that and riding such an expensive bike it's normal for us to worry. But I'm referring to your concern about inflation. I think the best answer for them is silence, they never respond.
But the price of Hive they can't hide it, this is affecting all of us. I am hopeful that they will correct all this and we can move forward.
If you know anything about Venezuela? If not you can check our official dollar rate. Then you can corroborate that this balance in bolivars corresponds to the figures I show on the screen. I don't know how things are in Europe, but for example, renting a good sound system for the event only cost $150. Not counting the microphones, I rented them out of my own pocket. To make an event is expensive, but not that expensive. For example, to transport an athlete from where I am to the center of the country costs $60. But that's because I live far away. To move from the center to Aragua (SWC headquarters), costs between $5 and $15. So they can't say they spent the money on cabs.
They don't follow up on that project. Neither to its results, that is serious, that is the real problem. They can't say what benefits Hive has had from all that wasted money, that's my point of view. Well... now it seems that it is also good to ride a bike. I don't know man... it's all so absurd.
Take a look at my reply here: https://peakd.com/hive-181335/@guiltyparties/re-atlashv96-sj02es. In the end what it is is a Hive promotion activity and what it should be is a athlete-focused activity. There aren't enough curators to support onboarding, there are not alternate sources for on-Hive funding except for activities that promote Hive (DHF) and it's just a general issue. Your posts are useful, I read them.
I've nothing against funding athlete-focused activity or any of that. It's whether the funding is reaching them is my worry. I care about Hive like you and your team do and don't like seeing us being taken for proper fools. I get it that there will always be some element of skimming from the top so to speak but I'm against people really taking the piss out of not just you and the team but the entire Hive Community and being funded with much more funding than is needed for these type of events. Some of these allegations in that video are concerning. They say the street workout founder has no job but yet he can allegedly afford to travel and stay in luxury hotels just to recruit moderators. And also from the video the guys said he is laughing about it. Thinks we are all mad. We probably are. This looks like his full time job by the way which we as a community are paying for. Inflate the cost of event, hold an event for as low of a cost as possible putting the athletes in the cheapest place possible and live a luxury life from the balance left over. Produce receipts for the full value. Would it not be due diligence from the project team to review the Street Workout funding again as a whole? You probably have already? I know there are two sides to every story but it would be naïve not to take a look at it. Receipts for anything are easily manipulated in this day and age. It's not just one guy with a video here. There have been a few now and their stories are matching. I get it when it comes to big money in a poor community there is always some party that are not happy but sometimes the truth then comes out in the fallout. I understand you and the project team most likely have full time jobs but there needs to me more probing into these projects because if not it becomes too easy. This is the main reason for my posts. To ask the questions. It makes people think twice that nobody is watching them. A person in poverty gets 500 HBD for an event and they can't believe your luck. Some of these people probably never seen this kind of money in their lives. The month after they will ask for 750 HBD . Costs went up. They receive it.
"Wow wee this is unbelievable, maybe I can keep $100 HBD for myself."
Next month I will ask for 2000 HBD for an even bigger event, produce the receipts for $2000 and maybe have 1,000HBD for myself. Do you not think this is happening?Hi @guiltyparties if they are useful, why not give them an upvote once in a while! 😜 . Only joking!
Honestly, I mostly read on my phone without being logged in. Usually forget to go back and vote later.
It's a promotional activity and that's the disconnect. The athletes want it to be an actual organization that puts athletes first. That's the entire problem. The funds are all accounted for. There are just some things like Hive merch and transport which are the bulk. It's the same here at SWC, at a conference, at the B2B initiatives, there is no difference.
Venezuela is a very expensive place, there are big investors moving there, and we are not attracting them not because of the events but because there is an inadequate connection between when a person learns about Hive and their decision to invest in Hive. We keep having conversations about particular projects but our point of failure aren't the projects, it's the onboarding experience. We're solving account making and payment processing and there's still a long way to go.