There really needs to be more transparency in this funding, I'm not asking the people involved directly give us receipts, that's fine if it stays with the people behind valueplan due to security issues and doxxing, but after the fact we need to know how much was spent on what since we're all paying for this.
Now this next part is just something I noticed and may not mean much, but looking at a certain user in that list who was quite active daily posting up until they received funding from valueplan for some sponsorships and instantly stopped posting it really doesn't come off well. Feels like vp, which I've been told only pays for costs, not the time of the people involved, is being taken advantage of.
If I was someone who was struggling thus posting daily to increase my stake and earn some rewards and I received funding from VP to run a sponsorship or something in my area, I don't see why I would suddenly stop posting unless I somehow took part of those funds which now means I don't need to grind post rewards any longer.
Not trying to accuse anyone of anything here (there may after all be countless of other irl or price reasons for that lack of activity) but things like these really make it hard to believe that everything's being run fairly, especially without more details on costs.
Thanks for the comment @acidyo . As always you hit the nail on the head. Why post and earn $5 when you get $5000. If anything they should be posting more and then sharing that post on X to increase their exposure for better marketing. The comment from one of the disgruntled street work out crew was interesting. I queried last month why the cost of merch was crazy. Turns out if you post in their community you get different kits/ uniforms Gold level , silver level etc. And we are paying for it.
I wanna point out that I don't want my comment to lead into a witchhunt of who I meant and that the reason they stopped posting can be a number of other reasons. I just want to bring awareness that it's important to split up the payments and place transparent notes on each.
Not a 7k hbd payment saying vague things like "conference, merch, trip", but being transparent about what was spent on what exactly.
It is weird to me that VP says people aren't being paid for their time, assuming these people are just doing it for the love of hive/their own stake, but then having a big lack of transparency on things others could verify. I'd rather we have more transparency and pay people for their time than wonder if they're making up for the latter by cheating the program which just causes drama and distrust in the whole project + hive itself since it's one of the biggest and only DHF funding for things like this.
And I honestly think we need more programs like this, some improved versions that tackle the whole marketing in different ways that can bring more results or at least proof of effort and effectiveness than VP and leo proposals have.
Absolutely not. Valueplan is publicly funded by every Hive stakeholder, and everyone that pays for these promotions has the right to see how their money was spent.
Tell you what. You pay me $100k/mth and trust me to spend it wisely on.. stuff. You won't do that (even though I've never once sold even a single Hive token, which is publicly available information) so it's neither reasonable to tell Hive users to do so.
There's no security risk to accounting information. No one's SSN or residential address is part of the receipts for expenditures undertaken to promote Hive. That's a ridiculous insinuation, and everyone that has ever hired an accountant knows that.
We need to see the receipts we paid for.