This is the most important thing we need to do for the integrity and value of SPS. I'm not a whale and I don't own a node. Voting yes on this.

Thanks for putting up this proposal DJ. I agree with this given what Matt said about the importance of validators for the pursuit of exchange listings. Ultimately, I think that DAO funds can and should be put to use to better the game and its ecosystem, and this seems like a good way to do just that.

I agree with this for sure

350 000$ for 2 developers? Who the hell on earth are you hiring? Dao Is not a charity association

I don’t mind these types of proposals. I agree it is a lot of money but you need to spend money to make it. I think there are two things people are missing from this. 1) it is a minimum of two developers. If they’re able to find more developers at a better rate they could hire more. They could hire a lead at $170k and 3 juniors at $60k, etc 2) if they fail to complete the Validators by 05/01/2025 they’ll be required to pay back $175k.

I like the time line and the consequence of not meeting it. But it still a no for me.

I think we can be a little more creative with the funds we issue from the DOA. Like corporate structures of stock options and invested stock options. For example, a developer is hired at $60k. $50k is base (DEC/stable coin) and the remaining $10k is in the form of an “sps option” meaning the developer will have the option to buy SPS at a set price for a set time interval. Let’s say 5-years and an SPS price of $0.10. With our $10k example this would be 100k in Sps. The way the developer benefits here is if SPS passes $0.10. Let’s say sps hits $0.30 in 4 years. The developer decides to exercise his stock options and buy 100k Sps at $0.10/Sps from the DAO netting them a $20k profit. If Sps never reaches $0.10 in 5-years the Sps is released back to the DOA. This way the developer is invested in the company and wants it to succeed as opposed to just a one time employee.

175k per programmers...no wonder you having issues with a small team of programmers and cannot deliver in time if you put all your money in overpaying people...wow. Then we wonder why land, tower defense, guild revamp, proper mobile App(R.I.P.) as never been delivered in time...

Meanwhile you have project like Golem overlord that got 1 guy company/programmer/everything that created a game from scratch, with proper mobile version, many new features getting added all the time etc. 

Sites like PeakMonsters that create better market since day one and that get everything updated day 1 when new stuff change in the game and it's runed by what, 2-3 guys?

Or project like Baron tools that create 100% better UI and player experience then the main game since day one and we talk about 1 guy doing that for peanuts in his free time..

But you tell me you cannot find proper devs below 175k per years...I'm sorry but if I paid a guy that much, he better deliver stuff in 2-3 months then you make him work on land 2-3 more months and we're done with land 2.0 then another 2-3 months and we're done with 3 years worth of delay by the main team, otherwise, sorry but such a salary is unjustified for a full 1 year timeframe and there is no reason not to hire a full team with that much money, if you answer is "good luck finding good programmers bellow that price" well you need to start to learn outsourcing for the right price and learn to challenge more then one devs and have them give you a proper quotation and learn the basic of negotiation...

Since when the DOA have become a charity that throw away money left and right to hire all the Splinterlands friends and family and provide them with salary without any proper head hunting to find the real right people for these jobs...are we not paying a guy 50k per year to represent us and do that job for us?

🤐

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I echo the gratitude of the gesture but that cost is crazy to me. I say yes only to move forward in hopes that the costs go down

I completely agree that getting SPS onto tier 1 exchanges is a big step in the right direction and if completing the validator system is the way to do this, then I support this move. However, I think a break down of this considerable amount of money should be shown here. I appreciate you may not be able to give exact figures but are we saying that $350k is to be split between two people for a single year's labour, or are there other costs elsewhere that need to be covered? You'll have to excuse my ignorance, but $175k each for two developers per annum seems incredibly pricey. 

If you justify the development salaries better you can 100% get my vote. This is a very niche salary that you have to make good use for. For now, I'm a strong no.
I have been in charge of filtering, interviewing and hiring developers from all over. Sponsoring them to come over, or contracting them. I know exactly what hiring cheap labour does to your codebase so I'm not asking you to change the strategy, because if you do what others are telling you to do in the comments, I'll be the biggest NO activist. 

Anyway, look at the comments, give a good explanation of why that's the budget and I'm sure we'll mostly agree. You can't expect a quick yes without explaining.

Cheers

only 2 developers? are you kidding? go to Asian country and give them a job with 1/4 or 1/5 the labor of US citizen. Go for India, Indonesia, Vietnam, Malaysia, Thailand, or etc. Fun fact: largest Microsoft employees are from India

Thought we where waaaay further along with development.

Good idea to offer help, did not think we would be talking up to 350k and possibly 12 months though?!

edit: Will wait for others including developers, coders to chime in.

Details, position 6. is very problematic. If you have a contract fine, especially this much and after the money has been spent ... you need to be much more specific. What is fully functional? 

Also, depending on the development progress 1 year is not a lot of time to plan, code, fix, test, fix, test ... and so on. How many bugs are allowed to pop up afterwards before the thing becomes not 'fully functional' and said fine is imposed? 
What if it's not quite ready in May, but the company decides to keep the devs working on it? Still a fine? That may force a rushed, minimally 'functional' product.

"I have already confirmed with Matt that this support from the SPS DAO would be welcomed and greatly appreciated." 😆 This sentence means absolutely nothing, wow. 

So let me get this straight: Whales don't want to spend DAO money on a tier 1 exchange (God forbid we become well known) but they rather prefer to spend DAO money on pumping their own bags full of "validators" (An imaginary token that does nothing as the whole token system inside Splinterlands is validated and carried by Hive blockchain)

Am I missing something?

Hell no.  I don't benefit from validator nodes mainly because I never purchased one.  You need to fund that project from the same bags that are going to benefit from them.

Lol. ##

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I'm in for hiring more developers, but why the insane amount of money? same thing with the person who runs the DAO proposals, an insane 50 kusd for 1 person, in my country 0,1% or less earns that amount...

So, in these terms, NO, we're just making people millionare with DAO's funds, and then DAO will empty their bags... 

yeah how about we take the money out of the subsidary company and fullfil the promises made in the past with that money? 

It´s beyond me how anyone can see the money this company made in the last years and the dozens things it tries to juggle without ever saying that it should focus on the main product. The fact that a 100 % owned subsidary company is let loose and builds two ecosystems while steemmonster inc. is close to bancrupcy appearently is pure madness. 

And now the DAO that is supposed to provide the baseline for rewards from 2026 onwards (if I remember correctly) is stripped of cash left and right. 

At some point we really earned it that we´re not relevant anymore in web3 gaming. 

100% voting for this one! I can't see anyone who wants the game to succeed not voting for this.

I fully support this idea as the hiring will be done by the @splinterlands team which is the best party to take care of an operation like this. 

>Matt also mentioned that he believes we need to get a fully funtional validator system in place before attempting to get SPS listed on a tier 1 exchange

Thank you for this new information. I did not even think about this aspect and this is one of the biggest reasons to support this Proposal. 

I'd be in favor of this for a smaller price point. $170k year salary for a project that is already in motion is a bit much in my opinion.

This proposal and Matt "featuring" it, is just beyond shameless. The company collected several 100k from selling their validator notes licenses (not sure people already forgot about it, since it was years ago). This money was meant for developing the validator note thing. Actually, we saw several roadmaps and several promises were made, that the validator software is 99% done and basically ready for roll-out. Now... only a few years later after nothing happened at all (but all money - including the funds from the validator license sales - has been burned for totally useless projects), the DAO - once more - shall be in charge for paying the bill. It actually looks like the company can leech the DAO even faster than the bot farms do with the game rewards :D So happy, I am already one-and-a-half feet out of the door. Its really a shame though: What used to be a wonderful game, with a once superb positioning in the market is going to be just washed away by the tides of the web3-ocean that wont have place for mismanaged projects anymore this cycle.

Can someone explain why a fully functional validator system must be in place before getting listed on a T1 exchange? I am a returning player, would appreciate the context