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RE: Gridcoin Joint Marketing Initiative 2018
1. Agreed. It's an alternative. Not a campaign.
2. This is in response to your question. How do I think we should finance out marketing campaigns.
3. That is correct - I would like another fund established. I still view the Foundation as limited.
I think where you and I have different views on this is that I am willing to sacrifice potential immediate growth to have greater potential to pay a growing development team in the future. You are willing to potentially sacrifice future ability to pay the development team because you are willing to bet that we will be able to pay the team in the future if we grow now.
Gridcoin Foundation has about 30 million GRC, currently worth $4.2 million. We are paying devs $30 per hour. That's enough for 140 thousand hours of development or 16 years of non-stop coding.
You are saying that if we spend something on marketing and go down to let's say 15 years, the future of Gridcoin development is in question?
Thank you for reading my blog and supporting it. Please let me know if there is anything I can do to help with GridCoin. Thanks again, Nate