Would it be possible to get a monthly, quarterly or yearly breakdown in regards to fund allocation? I know a lot of people are concerned with the SteemIt power down and I think a breakdown of where those funds go could greatly help alleviate people’s worries.
Posted using Partiko iOS
Well yeah once the system is made, api's will likely be made for this. The data will be public, so anyone will be able to audit the sps system.
It should also be easy to make graphs to show when new features that are developed or are released showing the effect on the market certain changes have as well.
I guess the question is how detailed it will be and how easy an audit will be. If there’s no accountability the system could be gamed by bad actors
Posted using Partiko iOS
Oh no, it will be fully auditable, since they have to ask for a specific amount I believe. That specific number and whatever data that says yes it was accepted is enough data to figure out the spending.
People in the community keep track over every dime steemit spends and cashouts. You can expect them to do the same with this as well.
Fair enough. From what I’ve heard some people say I thought a lot of SteemIt’s Steem just disappears
Posted using Partiko iOS
Well once it hits exchange everyone's funds do.