You are viewing a single comment's thread from:

RE: HF21: SPS and EIP Explained

in #steem5 years ago

What I meant to express but did not word very well is will the UI allow for us to track the metrics of projects so we can determine the success or failure based on how much a certain project is contributing to success measures?

If it's retention stats, or if it's the Steem price, or if it is something else, I think every project which is asking for funding should have a business plan with a profit motive. The project can be a great idea but then how does it increase the price of Steem or bring in more users or make current users more active?

Example, a game in the style of DrugWars for example could bring in new users and increase the value of Steem too if it were designed the right way. The project could be funded via SPS and then every month report their success metrics such as how many users they are gaining each month, how much retention they have, this and we can look at if the price of Steem is going up or if people are powering up more etc.

So yes, we can find a way to measure "profit". We just have to agree on which measures should represent profit.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62639.70
ETH 2439.41
USDT 1.00
SBD 2.64