In one of the previous updates we mentioned about burning 3% rewards from every video uploaded on 3Speak by setting 3% beneficiary as Hive account@null. A few days back this was changed to 1.5 % Hive account@steem.dao and 1.5% Hive account@null.

We are now setting Hive account@steem.dao as 3% beneficiary. This change is in production and hopefully it will help fund great proposals with enough votes from the community.

STEEM as a blockchain will grow if we create many successful businesses and support them during their initial days. Each business can empower one or more communities to thrive and increase overall activity on the platform.