Proposal:
Every week 0.01%-1% of the weekly reward pool is used to buy up bitshares for a Steem community Bitshares war chest
It makes economic sense for the Steem community to buy up bitshares.
We are part of the same ecosystem. It makes sense to build positive economic feedback systems.
With this proposal implemented Steem won’t just be backed by content created and curated, it will also have asset holdings. Strengthening us and our asset at the same time. As well as equipping ourselves with a well needed War Chest. Everyone benefits and Steem community has a bitshares slush fund to play with.
We need to fast track this, because sooner or later bitshares is going to the moon. And also we need to sort our project funding out.
This also remedies the bounty problem. Making it easier to fund projects and bounties for the Steem community.
I've read many amazing growth ideas, and I have some myself, but ultimately I believe we need to start with basics, and build a support infrastructure that can be used to easily fund proposed projects and ideas that we want to implement. It is not only an excellent investment for the Steem community (given the current Steem strength against bitshares) but also a useful financial tool for the community.
This idea could require a hardfork (or could be done without one) and ideally would be an extension of
's idea below.
These following links lead to 's idea of using X% of the reward pool to fund projects.
https://steemit.com/marketing/@cryptoctopus/growth-idea-from-crowdsourced-growth-ideas-to-crowdfunded-growth-projects
https://steemit.com/poll/@cryptoctopus/opinion-poll-should-we-move-forward-with-this-growth-proposal
I believe the above is very important and should receive our full support. We should implement this in some form or other, either having X% taken from reward pool or perhaps a weekly post people can vote on allocating rewards to the fund.
Before we start rolling out projects we need to set up our infrastructure starting with funding. My proposal for a bitshares war chest would go hand to hand with the above proposal, using 0.01-1% of the X% to buy up bitshares which can be held as an asset by the community, and also used to fund projects as well as being a useful financial tool.
We need to evolve the platform and invest in growth. Doing so will benefit all of us, and it doesn't make sense to leave things as they are when we have the option to pursue growth and chase after more.
What does the community think about aquiring a bitshares war chest?
war chest
noun
a reserve of funds used for fighting a war.
a sum of money used for conducting a campaign or business.
"the party's election war chest"
People who I strongly support in the community and would love their backing or feedback on this idea:
Please comment, resteem, and upvote. Let's work together in building this blockchain up.
@RiskDebonair
Adventure Capitalist of the Future