Reviving the SNS Framework: Addressing Current Challenges and Exploring Solutions

I don’t have the skills or authority to answer this question tbh. I’m a mid tier developer and shouldn’t speculate beyond small talk in conversation as a normal way to decompress.

If I had to take a shot though, I personally think we need to culminate all of skillare Infu wbp lastmjs and honestly the other names you mentioned yes even the DKP team because they do have their own thing. Again I’m just stating it and shutting up on that one.

Then top them off with webtreesoftwares community presence and technical support but let webtree have a whole swath of dev ops teams that reflect their exact communication style especially when attacked.

These are just a few people off the top of my head the rest of the teams and their players have been just as important and should be included in this where they fit best. Each has provided very important moments and information.

Make each of the SNS’s go through everything that would satisfy a board of the individuals above as the “shark tank” panel. If they can get past the DKP team and their level of integration lol maybe they can make it. Not for nothing…

Let them (the clear leaders and experts in the field) mixed in with DFINITY people run the show and say who’s get what.

You’d have to get all these parties to stop being hostile and attacking each other. Then get them in one working space, pay them for their time and experience and pay them well enough to make it worth it.

I promise you if you take everything from all the dev ops teams still standing and embrace it into your one methodology or shared truth you’ll get the sucker running and busting out apps that work.

Little guys like me and our teams will be cut off though. We just won’t be able to build the products required to make it cost effective or worth their time tbh. I’m just speaking for myself and knowing my skill set too… I’d never think I could ask for that kind of money on my junk projects lol

Maybe for right now that’s not a bad thing though. We need liquidity injected yesterday beyond one team who gets crippled we need swaths of real investors with real money.

Then again, use all of these players who have the authority and skills get them paid and in a room and let them run the show. Investors will notice so will the space.

Edit: again this is just my personal opinion and it has no authority or any real merit whatsoever. Do not take what I say as fact. I’m just giving you my best and most authentic reply without overstepping my position any further

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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.

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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.

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@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 :

  • Juno
  • Mora
  • Idgeek suite

Long track record of great builder. Existing product and advantage of decentralisation.

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  1. I would add a basic contract with founders to the DAO and also require that everyone knows who the founders are. This could be done here in the forum pre-SNS.
  2. For the system itself — I would make it so that a general SNS / NNS community could vote on fund clawback. If a project has no hope left.. the funds should go back into the Neurons’ Fund. The neurons associated with the dev/SNS team should be blocked from voting on this matter. Only people who purchased the native TOKEN in the SNS process or from the market.
  3. Neurons’ Fund should be used to top-up the projects that are winners. Seed to Series A; some need more funds to accelerate their mission and EAT up all of the comp in the space. KINIC :robot: :chart_increasing: :heart: . Or indirectly be used to purchase project tokens to be held by the Neurons’ Fund.
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If you have missed 99% of the conversation, I do not want to revive any SNS rather create a framework that works better

“ts alive and working perfectly.”
Disagree as lined out above

Agree, And want to prevent this as you may or may not be aware I was one of the people that actually got the attention of Lara by providing the data for the cataclyst that lead to the pause of the NF which was the sale of ICPEX token where they took 400K from their “DEX” deleted all traces and full ported them into the SNS sale which got the NF

Agree they do deserve a SNS In the case of IdGeek its already coming, I have no idea why Juno failed the SNS launch

So please do not question my motives when it comes to transparancy and accountability if you will

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Here you go

“ Reviving the SNS Framework”

“Framework refers to system of mechanisms, not particular projects”

And it’s great that you don’t control the forum as we need different perspectives and opinions to have a diverse discussion, you might think this way, that’s fine and all right, but if you just want to constantly attack me here for posting, then I would ask you to leave the conversation as this doesn’t bring anything constructive or meaningful to the discussion

Thanks in advance

There was a second question on my previous post and it seems you failed to answer. Proving my point :man_shrugging:

As I brought it up years ago when it was first released, SNS lacks a core mechanism that has been in the ICO world of Ethereum since the beginning, which is a rating system that can inform crypto investors about the trust the community puts in a project. Such a system would allow every verified community member to rate a project on its trustworthiness before its SNS sale begins, and those whose projection are proven correct could gain rewards either from NNS and/or SNS projects themselves as well as have their voting weight increased for future projects.

That way, investors would have less to complain if/when their investments implode.

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