Yeah that’s the only response which has any Signal all else as noise so please lest focus on the problems and how to solve them not whose fault it is, thanks will try to go through some of them maybe I can learn something from them
Do you have more ?
Did you see the trax drain?
The swamppies?
Pretty much any dao that got 51% even the dkp treasury was drained.
Btw have you noticed the person always creating issues with everything I post is normally a brand new account? Clearly someone is creating alt accounts to drown me out or to try and get me banned.
I have no time to play Any games, it’s your account if you’re getting targeted maybe there is a reason, I started this thread, I noticed anytime in my thread that you’re at the center or at least instigating such behavior so I’m warning you like I lined out in the first few sentences that I will ping the moderation team to indeed get you blocked from this thread as it will not be productive, this is my last comment on this saga, focus on the problems outlined, or I don’t need no more input from your side and would ask you to just leave this topic, thanks in advance
I have seen some proposals, but haven’t looked into them deeply enough, maybe later today when I have more time
Any suggestions or ideas how we could fix the current issues ?
You really should look into the transfers and understand what initiated them prior to coming up with solutions.
In the end the major issue is teams that had no product got major funding. People didn’t do their research and followed large wallets in funding liquidity drains.
No matter what safe guards people come up with if a team’s intentions are to get paid and leave that’s what will happen. The only real solution is for users to take accountability for researching projects, founders, and risk management prior to investing in a crypto start up.
We have seen teams like boom dao, sonic, etc take huge amounts of money for little to no work.
While we have seen teams like Kong, iclighthouse, and a few others take very little funding and produce massive value (not reflected in token price.) for icp.
It all comes down to investing in the founders and a lot of this community hasn’t figured that out yet.
P.S.
Me posting evidence to support and answer your questions causes a new spam account from catpirate to short circuit and this is the stance you take.
Sure I’ll let cat sit there and post the same bs he has since day one but stay consistent in your “no time” stance. It goes two ways
A little off topic there.
Any suggestions for Dexter?
You made that thread with the game theory of node providers right?
Maybe something like that would work on the SNS?
I loved what @MForum had said, still thinking about a good reply to him, not sure how to respond for now but Appricate the input
This topic is temporarily closed for at least 4 hours due to a large number of community flags.
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You don’t have to care about the SNS projects, but you should care about the damage caused by your employer’s actions to other smaller investors in my opinion at least.
In regard to the SNS framework itself, I think it’s done and dusted with how much drama and financial damage has been caused in the past year by Adam. The only SNS projects that will be funded will be those directly supported by DFINITY.
Pretty sure you haven’t really got any SNS tokens. Why not let the “damaged retail” speak for themselves
Sorry, just focusing on code now, barely reading the forum. I’ll have a reply in the form of something developed and published soon.
Both ways (loose vs strict) have pros and cons. If you get too strict, your SNSes lose agility and value from that. Both are gameable, and in the end, you still end up relying on trust. Perhaps there is a solution, we will see..
Nice try poisoning the well, next time maybe you should think twice before making baseless accusations:
Most of the issues.. would have not occurred if you have the founders DOX themselves and commit themselves to a simple contract with the DAO.
”I shall not RUG or in xyz jurisdiction I can be held accountable..”
The goal should be to make the DAO token valuable… its an absolute race to get there.
As we have some interesting engagements here I like to pose a question to some of you, wondering about the answer
@apotheosis @anon76364919 @WebTreeSoftwareSolut @vavram @infu @MForum @Phasma @skilesare
“If you had to build the SNS with the knowledge and experiance of today, how would you do it & What would it look like in terms of utility’s / capability’s / from idea to DAO?”
Think this will add to our discussion
Honestly, if I were building the SNS today, I’d strip out all the fluff and focus on real utility first. No endless proposals, no governance spam, just tools that actually move value.
In short: less politics, more product, more execution. Everything else is noise.
Yeah you lost me there. Im woefully underqualified to discuss this.
The only thing I would say is this (and this applies to any venture sns or otherwise.)
There needs to be an end user of a product or service who is happy to part with their capitol because they received something that has inherent value to them.
If your model doesn’t have this, youre extracting value and not creating it.
I’m afraid it is a lot easier to critique than build, that does not take away from the value of critique. But if given the choice, I would depend on a team of behavioral, law/economics/game theory economists(not that saying that because I’m an economist, but we do resource management and incentive and dis-incentives well) and someone focused on ecosystem-venture building prober(not web3 focused) plus a governance specialist. The SNS is truly a powerful tool and if anything ahead of its time as a technology, but rules and governance need work. Oh and I would also clearly force incorporations in a friendly jurisdiction, never invest anonymously and without contracting with a legal persona.
@ZackDS @kyliux would you like to bring anything in as I saw you reacted with the laughing emojis on my question to build the SNS with today’s knowledge, which I think is a pretty good brainstorming question to ask
So what do you want to revive ? Anyone can apply for SNS tomorrow, its alive and working perfectly.
Oh perhaps you mean reviving the money grabbing scam called “neurons funds” ?? Dumping ICP for everyone and making our chain look like cheap joke ? That can stay dead forever.
Here is the complete list of project that could deserve to get SNSed :
Long track record of great builder. Existing product and advantage of decentralisation.
. Or indirectly be used to purchase project tokens to be held by the Neurons’ Fund.