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If EF will fund any proposal, how the ecosystem will

survive without the EF?

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Adoption and users.

kushti-khushi Автор вопроса
Austen Milbarge // GreasyCEX
Adoption and users.

I think subsidies can distract projects from achieving both actually. Already happened to some

kushti khushi
I think subsidies can distract projects from achie...

Ok, let’s keep asking the 50 active community members to donate their money over and over when the erg value is -96% ATH. What happens when this community has had enough and can’t keep putting there irl working wages into ergo dev projects…

Austen Milbarge // GreasyCEX
Ok, let’s keep asking the 50 active community memb...

exactly my thought , it's not like noone donated 37 did and nice amount so shouldn't let that raffle fail

Michael
exactly my thought , it's not like noone donated 3...

acts like community members money grows on trees, bro. We have real jobs, real bills, family’s and still bring money here to support.. it’s ok for us to ask EF for some help FFS.

kushti-khushi Автор вопроса
Austen Milbarge // GreasyCEX
Ok, let’s keep asking the 50 active community memb...

Ok, lets burn EF funds in like 4 months instead of 1.5 years with the current burning rate. Then what?

kushti khushi
Ok, lets burn EF funds in like 4 months instead of...

Yo, they said there a 10k monthly budget for proposals.. that not factored.. no forecasting … how much has been used so far?

kushti khushi
Ok, lets burn EF funds in like 4 months instead of...

Nothing.. that’s the point.. I thought we were wanting to disband EF anyways..

kushti khushi
Ok, lets burn EF funds in like 4 months instead of...

the thing is as i said above , it will help them generate revenue sure could be a while to get those 4k erg but atleast it's doing something

kushti-khushi Автор вопроса
Michael
the thing is as i said above , it will help them g...

Yeah and that is what EF did before with Spectrum and Rosen. However, if EF will choose where to put funds based on possibility of returns it would make it investment arm of some kind

kushti khushi
Yeah and that is what EF did before with Spectrum ...

Yeah, tbh they should transfer that gluon to sigs and let them build revenue stream with it.

kushti-khushi Автор вопроса
Austen Milbarge // GreasyCEX
Yeah, tbh they should transfer that gluon to sigs ...

That would also be weird, if one non profit will put funds into projects to get return for another entity

kushti khushi
Yeah and that is what EF did before with Spectrum ...

well those gluon are in the treasury now so what are they investment arm ? bruno made them that way ? so since they are their it make sens to do it as the dilema is already their

Austen Milbarge // GreasyCEX
Nothing.. that’s the point.. I thought we were wan...

There must be some disagreement on this. Because all new systems/protocols give "charity" to EF. SPF, Rosen now gluon..... But I bet those 300k+ gluons or at least part of it could have been given to raffle participants, raffle would be fulfilled in minutes. 5k raffle gives 5k gluons right? What's the point of EF funding raffle, grab even more gluons. Community will get peanuts from protocol compared to ef in any case. I'm more amazed that whales are not interested in gluons.

Navip
There must be some disagreement on this. Because a...

Yes, lots of contradicting views and actions

Navip
There must be some disagreement on this. Because a...

That’s a good idea, instead of funding they could be incentivizing. But that would take planning, organization, and initiative...

Austen Milbarge // GreasyCEX
That’s a good idea, instead of funding they could ...

Yeah, why not double down on raffle rewards, give participants gluons, same amount Bruno is giving? Incentive people to participate in raffle.

Austen Milbarge // GreasyCEX
Nothing.. that’s the point.. I thought we were wan...

[Glasgow] Who’s we? Plan is the same as always: https://docs.ergoplatform.com/ef/ef-future/#the-future Burn through funds in 4mo then next year we have no mm, no entity to get on any cex or deal with investors, etc.

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