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RE: The Ability To Fund Crypto Development Without VC Money

in LeoFinance2 years ago

And to extend on that, there are downsides to DAO-based funding. It's directed toward an account that might be corrupted, could be cut due to market swings, the DAO might have technical weaknesses, and overall people might get burned.

Are VC funding and DAO funding even of the same nature? Do they make similar time, resources, and goalpost propositions?

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Are VC funding and DAO funding even of the same nature?

At this point I would say no. They are not even in the same league, either in direction or scope. Obviously, VC money far outpaces DAO. But the reality is the DAO money is going to focus upon those who have a larger vested interest as opposed to VC who are after the money and that is all.

While it is not perfect, the DHF basically funds those who are dedicated to Hive.

Posted Using LeoFinance Beta

The DHF will fund whatever the main stakeholders see fit, could be anything, it is very political :) and I love that tbh. But we should call it what it is.

Don't you agree?