Divided Before The Journey's Start.

The Hive

Howdy folks'.

I have to wonder what it is we are trying to do. This is not fact, it is my interpretation of the perception I have. Although we are a few weeks into the Steem Alliance project. Even the things people say at different ties contradict themselves at times. This is all said under the guise of "good for the platform". Both sides may actually be god for the platform. When something is implemented, can be key to the success or failure of the project. The main thing I hear that concerns me is all this talk of business. Joining the Steem alliance or future name to external business. Okay! before you fly of the handle, calm down. Business is great for any project. We are working on a community though, not a business. The community may take on some business activities. The main goal, the purpose for the community being organised is for community benefit, not for profit. This I feel is being lost. The focus has turned to, how can we make more profit? How can we make Steem rise in value? Dreams of Steem reaching $10 or more. While these are things I can see the project reaching and securing a high value. This value can be easily quashed if we become complacent and focus more on our expectations than the project itself.

It is worrying The publicity and promotion Steem Alliance is giving to the Steem business initiative. Proposed projects, the commonalities, the differences, what can compliment the other. I thought it was us trying to agree on something together. We should provide a stable environment for a business to work with. That should be the business focus side of things, Getting a business on the chain that does not hold an interest is us doing all the work for the business while it reaps the rewards. Sounds very much like everything we want to change.

One of the things which brought about this project is the concentration of Steem Power. And effort to diversify some of this power and give support to projects on the chain's platform. Another objective of the formed committee will be to establish a firm foundation for business to work on. Making use of the Steem token or Sub Media Token to perform tasks on the Steem chain. Together, they should attract and retain users and business to the platform. The attraction this brings and what is retained will decide the success of the project.

An investment of any business on the Steem chain will not serve us well at the moment. It will create a false Steem economy just like before. Steem will rise in value attract more people/business, that it cannot support at the moment. Then the price value falls again. Those with the finance already available seem to be pushing more toward a business ideal for the formed. One of the biggest things we complain about in our daily lives. Big business and Government with no regard for the population. Now we want to invite big business in? The only focus of the business will be to profit. This profit comes at a loss to the communities working on the platform, This removes from the user base rewards. which turns our to be a smaller active user base. This was shown when the price of Steem plummeted and the exit from the platform that happened. The only people who will benefit from a sudden influx of business now are those who hold high volumes of Steem. The investment will raise the price of Steem and whose who hold it will cash out their bounty. I judge this by the conversations I hear in various chats about if Steem reaches one dollar how much they will be able to cash out and use for their personal life. The focus here is personal and shows no concern for the future of the chain.

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When a business starts up in the physical world. It begins with a site selection and building equipment. That is where we are now on Steem. We have a site and we have the equipment to build. Inviting anyone to the platform now is to show them an empty lot with nothing built on it. We need to dig out the foundations and lay them. Then build on them the structure for business's to enter. We would be inviting people to be part of the structure, not to make use of the platform. Any business involved would be looking to make profit. As things are stake weight based. This would mean they have the power to control the direction we go and the decisions made. It opens the door to one entity coming in and putting its own witness in place to ensure these private objectives get reached. Centralising the control on the platform.

I am not against business on the platform. I just believe it is us who should be growing Steem business. Create Steem industries from a Steem investment. The delegation from Steem Inc is a short cut. It would provide that ability much quicker. It would also enable us to give directed focus to many projects across many genre. It could pay for the employment of staff to work within the Steem chain.

The proposal I have set forth encompass all the other proposals put forward for the structure of the formed committee. To gain capital investment and reward to anyone who would like to invest in the project is not beyond the means available to us.

Business Investment: Requires an outlay of capital which needs to be recovered. Set projections for this return are put out and these targets should be met, Failure to reach proposed targets can result in withdrawal of investment. This is one threat we should avoid having held over our heads. Should a business decide to invest one million in Steem. Their target what % of this they would like to see returned for their investment. There is a big difference in asking a company to invest in the Chain and making use of the services the chain can offer.

Big business means big bucks. Those big bucks are not for you and I.

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The chain can pay for any investment. We as members of the community now have the opportunity to invest in ourselves along with the chain we want to see succeed. What ever choice is chosen on how to move forward. It must provide for the ability to support the chain in alternative manners than just the finance. The need for communities on the platform should increase along-side the platforms growth.

For the simplicity of concept, let's work with the average estimate of a vote being worth a value of $100 USD. Anything greater is faster progress anything small is slower progress. The focus of the committee being the sustainability of the Stem chain. This is the beginning of the committee. Starting with one account holding 100% of the delegation. We plant 13 seeds with this delegation by growing 13 other accounts. This first account will also grow with the curating reward gained.

1 vote = $100 USD with 10 votes per day is 1K USD we can create. From this the curating reward would be 25%
Note: This cannot be relied on as income. However any loss to this curating reward is compensated to a small degree by the increase to the overall vote to a post. Count this as 10% of the 25% it could get in curating reward. Adding $25 USD to the total per day.

This would leave $750 USD in reward value each day. With a reward payout set to the 50%/50% Steem/SBD.
Each of the accounts will grow by $37.5 USD each day. A weekly growth of $265 before any community member support is given. Liquid Steem directed toward the committee accounts department (which should be created to track the financial activities of all committee groups). Each committee account will grow over the coming weeks growing the reward vote it can give.

Note: a unit can be anything assigned to it. A pint of milk. the cow, the chicken, the sheep, the tractor, the buildings or the whole farm.

A community investment fund of $3400. This amount of investment available will grow too. Where will we invest it? Industry, My thoughts on the best place to begin might not be our best option. Open discussion about this should be held. After agreement of the industry, a unit cost to provide remuneration to the chain would be established. Liquid funds amalgamated in the Accounts account will be used to fund this start up. One unit held a cost of $4K USD. Once the unit is running, it would take use just over a week to accumulate the finance for this unit. This unit would remunerate to the chain every thirteen weeks. Estimated return is 10% per year with an annual growth. Fiat used for the benefit of each unit or unit of service, will be converted back to Steem and allocated to the Accounts account for reinvestment and a reduction on the reliance of on Chain support.

As the funding becomes available to gain another unit. The rate at which we can produce another unit quickens. A 10% return on each unit per year is a 2.5% reduction in the cost of a unit per quarter. Over a 13 week period we should also gain 13 units. on the fourteenth week that reduction to the cost is 32.5%. In less than one year this one industry can remunerate the chain at a higher value than its outlay. This creates the capital to invest into other industry. Embark on bigger projects. Fund it from the remunerations gained from the industries we start as a chain.

When we establish a company ourselves. The profits go back to the chain not out to the FIAT world. The FIAT world is then constantly buying into the Steem chain indirectly. Simply by the use of the product or service we provide. The industries available to us for a unit is abundant. The only limitation we have is the finance.

Financial support for the chain.
Support for other projects on the chain.
Support for projects which can make use of the chain.
Staffing for the chain. Committee accounts, Legal cost's Various unseen position. Employed developers?
Support for event hosting.
Support for projects presently in place.

The different things which can be supported also grows over time.

This all works off a delegation from Steem Inc. What if we could also gain some investment from the community. Yes, remember those people, the community people. If we are looking in part to gain some support from outside of the chain in business. We should first look to those who are already here. Ask here first if anyone has an interest in investment to support the committee as a whole. Those with big accounts should want this more than anyone as their big investment would gain by a value increase. Small accounts cannot afford to purchase large investments. The objective of this project is securing the chain. Maybe those with most to lose should contribute more. Stake weight based this makes perfect sense.

On the surface, this can look like it is remaining the same. However, As capital is gained, income from it is generated and the need for the next level of capital is reduced by what can be produced already. This would mean a tier system of investment, On the first level everyone could buy an equal share of a dividend. 1 Steem = 1 share. Reaching a predetermined goal of finance , the tier would change. On the second level the price of a share would increase.1.25 Steem now per share until the next level is reached. This cost increase happens as we already have investment and the need for more reduces constantly, It prevents late comers to the investment from gaining on the rewards of the investments prior.

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Posted on Steemit Whaleshares

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I pretty much gave up on the Steem Alliance initiative when there seemed to be no ability to define what they meant by a Foundation, and when they could not define what they wanted the Foundation to be able to do.

When it got to the point in a few discussions of the foundation deciding who got funding and for what projects, then despite all the 'no we are not' claims, it smacked of a money grab for the few at the cost of the many.

I have not looked lately at it, (due to disgust), so things may have changed but, as for myself, no matter what Foundation Concept is chosen it will always, (for me at least), have a taint about it.

The first vote thing for setting the "Committee" up was a sign of things to come, 12 hours, here is a list vote? It was not a good beginning.

The whole thing enables teem Inc to pass the Buck.
If we don't find solution, we cannot go back to bitching at them for not doing.

I doubt there will be any changes and I see some of the proposals as nothing more then to funnel finances.

However.
The proposal and method to support the chain I have put forward encompasses all the other projects out there.

If it is not given legitimate thought or consideration It will confirm once again, Steem cannot be trusted. Those with control have no interest for the platform. Their interests lie in the profit they can gain.

12 hours and an already made list for the first "team", A ready made and handed to the team sample foundation from none other than Ned himself. It is almost as if he was saying "make this look legit to the user base". I still have a small hope that it is really an altruistic attempt to improve steem, but with some of the actions I recall with out look and digging for the specifics at the beginning, it just not not have that feel anymore. Just a bunch of backslapping backstabbers. There were a few people that looked like they were trying, the rest just along for the recognition ride, and look what I am doing for you today types.

I guess one day we will see if it was an altruistic move or not.

Hopefully a voice is heard and the blah blah blah's are quietened.
We will see by who's project is chosen and which is just ignored.
I will play the game until near the end, Just on the slight possibility I might get people to co-work with me.

You got a 50.00% upvote from @mitsuko courtesy of @thehive!