It's really great to see other Hivean's see the importance of this issue. It really is what distinguishes Hive as web3 from other web2.5 (so called web 3) systems. They will all be regulatable at some point or another. Hive and SPK Network wont be regulatable, but by the community of Hiveans themselves.
The idea is fair governance token distribution. All start off minining the governance token from zero.
You provide value to a decentralised DAO, you get funded in return. You build project, when utility comes in you launch your own DAO. The community votes to fund your team to keep building if you did a good job and met your promises.
This is the true way to use a decentralised funding method to build a decentralised project without strings attached VC money that will use community memebers as exit liquidity. It also ensures that all parties incentives are aligned as no one is using any one as exist liquidity and no one is in the token for quick pumps and profits.
Its what we are doing on SPK Network and it's working, so this is not theory. It can be done. It means the video storage layer and its infrastructure will be ownerless and regulated only by the community and the people who provide value to that community by running infrastructure.
This, in our mind is true web3, not web2.5 like the other pre-mine, pre-seed, ICO, CEO company lead projects out there that are destined for regulation ultimately, especially if they are dealing with speech and communication or content storage. The weak point is their pre-mine and excessive founder stakes.
If these web2.5 communities knew better and had the capabilities, they would fork out their founder stakes and move to a new chain (like we did on Hive).
We talk about this a lot on @cttpodcast with @theycallmedan and various guests. There are so few people in the industry that understand this and so many are going down the same route as the ICO boom with their web2.5 projects. I guess true decentralisation is a new paradigm and as such is almost completely counter intuitive to most web2 thinkers and current, self proclaimed "crypto influencers". (These influencers should be called out imo, we have everything we need including actions and built projects to win every argument on a moral and technical basis in debates against anyone in the industry, including the highest and most mighty). Most of the people who really should be getting it by now, still somehow don't.... maybe it's conflicts of interest from having bought and persuaded many others to buy pre mines....
Many of the so called crypto experts are really doing their followers a disservice by not exploring this issue. It really is one of the leading issues in the crypto, web3, and Network State world for the foreseeable future. Many will end up disappointed from not addressing this issue early on or prior to their projects starting.
Hive should be the place where this issue is explored and exposed IMO.
For more of our content that talks about this issue in more detail, you can check out this cool shorts and clips channel that @bil.prag (https://hive.blog/@bil.prag) has worked hard to set up for us. Feel free to use any of the clips and shorts to help make your points on other web2 and web2.5 media sites:
- You tube shorts and clips: https://www.youtube.com/@spknetwork1809
- Clips on hive: https://hive.blog/@spknetwork.chat
- Full length CTT podcasts on hive: https://hive.blog/@cttpodcast