Save the dash treasury , please

Dashmaximalist

Dashmaximalist

Well-known member
dash treasury is on the verge of dying, the culprit is as you guessed the high fee.

This month we could be burning as much as 5000 dash , that could do miracles in terms of marketing given the recent price rally in dash

This wait and watch lazy approach is disastrous.

dash treasury is our real weapon against the competition, do we want to throw away because we are afraid of reading 10 more proposals , are MNOs really that lazy , guys we can do better.

The fight against fiat currency has just started, we can't rest on laurels
 
The main reason behind so much dash being unspent in this months treasury is the insane price increase without having more big proposals. Which has nothing to do with the fee big proposal should be able to afford that and for small proposals, we should use something like https://docs.google.com/document/d/1uT4bxsVY9IkyQ7kGsrLmMayDs6WjG-BLoFUjUJ-7gXk/edit

Originally I was for lowing the fee but since then I have seen too many nonsenses proposals. And if somebody really can't come up with the required dash for the fee the community is happy to help as we can see in the case of the Cryptolifex pre-proposal.

I agree that we need to improve the way the dash treasury functions but lowering the fee is unlikely to help.
 
The treasury is dying, seriously?

Almost every month we are setting a new record for the amount of money being spent.

There are 30 proposals up for voting right now, 16 of them are brand new for this month and the budget cycle isn't even completed yet. The number of proposals that have been getting submitted per month is still trending up. This is all happening despite the fee.
 
do you see the amount of money that is being given it says 1120 currently , so some 5000 dash will be wasted this month ( at the status quo ).

The number of proposals is one rise but the money we are spending can be much more, coz at the end of the day that's what matters to our PR
effort.

imagine we spent 10 million usd per month on proper marketing efforts and air drops , the price will double every month i reckon.
 
Dashmaximalist said:
do you see the amount of money that is being given it says 1120 currently , so some 5000 dash will be wasted this month ( at the status quo ).

The number of proposals is one rise but the money we are spending can be much more, coz at the end of the day that's what matters to our PR
effort.

imagine we spent 10 million usd per month on proper marketing efforts and air drops , the price will double every month i reckon.
Click to expand...

You can't expect the amount of good proposals to catch up instantly to fill the entire budget when the price triples over 2 months.

If you want to spend $10mil on stuff there need to be people who are actually able and willing to do it. Are you saying there are 100 people who would each be proposing on average a $100,000 project that would all get voted in if only the fee was lower? Where are these people?
 
i kind of agree with you, price did rise dramatically, however now we need to rope in the big marketing agencies if possible. i am thinking of making video that will talk about dash treasury and how you can get budgets of millions to promote dash
 
Dashmaximalist said:
i kind of agree with you, price did rise dramatically, however now we need to rope in the big marketing agencies if possible. i am thinking of making video that will talk about dash treasury and how you can get budgets of millions to promote dash
Click to expand...

Yes, but in order to get big marketing agencies on board, this probably happens more through networking and making phone calls, not so much videos. We already have formed a business relationship with Ogilvy & Mather -- one of the largest marketing agencies in the world. I am sure they did not come on board because of watching What Is Dash or Amanda's tutorial on how to submit a budget proposal. Although I am not averse to doing other marketing in addition to what Ogilvy is planning, I think we should be following their lead.
 
Dashmaximalist said:
i kind of agree with you, price did rise dramatically, however now we need to rope in the big marketing agencies if possible. i am thinking of making video that will talk about dash treasury and how you can get budgets of millions to promote dash
Click to expand...

tbh
there are more important things to do than “blind” marketing
there are enough videos , YT channels , ... this and that in the proposals
we need big integrations , usage , bring up transaction volume ....
this will all come - nobody is dying - patience is key here
the system is doing exactly what it is supposed to do , burn coins if needed
 
without treasury we are nothing more than bitcoin cash ( loosely speaking ) which i hate.
we can hire many more Biz Devs ( including yours truly ) and get things running parallely to speed things up.
 
I'd rather see the coins burned than pissed away doing foolish things, making dash look foolish for doing it...

As derpy as it would be, it would make a strong statement to buy a superbowl ad...
 
Dashmaximalist said:
without treasury we are nothing more than bitcoin cash ( loosely speaking ) which i hate.
we can hire many more Biz Devs ( including yours truly ) and get things running parallely to speed things up.
Click to expand...

u are way overthinking this
“without treasury”
what ? threasurey is NOT to going anywhere so please come down !

“hiering more devs “
for what ? more proposals ?
the system is leaning , needs time to develop and be developed
same old chicken / egg + economy - things take time (as they did over the last 4 years ) no need to stress out or stress out others or try to overtake yourself ;)
 
i am not stressing out , but a bit frustrated with the pace of things, so many of us are , coz we are in the dark regarding progress
 
Dashmaximalist said:
i am not stressing out , but a bit frustrated with the pace of things, so many of us are , coz we are in the dark regarding progress
Click to expand...

progress related to the treasury ?
i do not understand - what are u expecting ?
 
Our vision of evolution , can't it be made faster with more developers ??

Can we do more kick ass new features now that we got 10 million per month in treasury
 
it has been discussed many times over
that just throwing more developers at evo will not speed it up - startups do not work like this
devs need to be interoduced ,trained and managed
ideas (in uncharted territory ) have to be developed first - there is no need waisting time on more devs if u only need the core guys to refine the ideas first
we just did a 20 dev workshop in Hk and are making good progress
things need time
 
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