A COMPARATIVE REVIEW OF STEEM ALLIANCE STRUCTURE PROPOSALS FOR FINAL ELECTION

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Hello lovely people of steem ecosystem! This is to bring to you the brief summaries of the @steemalliance structure proposals as put forward by some of our concerned citizens with hopes that it guides you in making more informed decisions with your votes in the forthcoming structure elections.

As we know, our ecosystem is 'wide' - even as it is yet to begin its journey - and so some things can easily escape our notice. So for the benefit of those of us still in the dark, @steemalliance is a steem-based project with the goal of creating a 'Foundation' aimed at boosting the steemit ecosystem. In its words,

The Steem Alliance is an idea of a community coming together to build a foundation with the collective goal of improving Steem as a whole. Source

This envisioned foundation has as its goal,

to be the combined “face of the chain”, working alongside additional groups as well as Steemit Inc. to better the Steem platform together. With a main focus on helping to push Steem into the mainstream arena with focus on marketing, upkeep of Steemit.com, development of steemd, outreach and Steem events. Funding would need to be fundraising/profit based but also with large seed from Steemit Inc. itself.' Source

To ensure an open participation in the decision making and the best structure possible for the foundation, a 'Working Group' has been put in place to oversee its establishment and several proposal put forward by various following the group's call. The submissions - in their tens - were subject to thorough screening and voting of which emerged 6 outstanding proposals for the final elections billed for April 10th through 17th. However, given that for some reasons, one of the proposals has been retracted by its author, we are left with five proposals to review and vote on. These are briefly discussed below:

Decentralized Steem Incubator by @alexvan

@alexvan proposes a foundation set up with the main purpose of developing self-sustaining projects of all kinds - businesses, NGOs, personal projects - on the steem blockchain.

• The foundation has a central body constituting of board members - two from each of the nine continents to check monopoly and ensure decentralization and free flow of ideas. In addition to these members would be a representative from steemit inc, as well as a lawyer and an accountant(both preferably from host country)
• No monetary rewards for board members (except the accountant and legal expert) to ensure dedicatedness.
• A two-year term for board members after which they may be re-elected no more than once.
• Foundation shall have physical location in a 'crypto-friendly' country.
• Funding for projects shall be by delegation of SP after such projects have been approved by the Board of Directors.
• A biweekly report shall be presented by the foundation here on the steem blockchain to ensure transparency.

Read the proposal here

Decentrasteem by @impactn

Decentrasteem is about a foundation whose goal is to strengthen various communities on the steem blockchain by creating 'working circles' each with it's own purpose and with truly decentralized features.

• The foundation has no central coordinating/decision making body, but a network of independent working circles formed by at least five steemians with combined SP totaling no less than 2000
• All working circles are part of the foundation.
• The foundation is for both profit and non-profit oriented projects. In which the profit oriented projects shall share a 10% of its profits with the foundation.
• Decision making shall be by means of poll by all members of working circle(s)
• Distribution of funds, once approved by all working circles, would be handled by a 'trustee working circle' which would serve as an administrative chamber of some sort for the foundation.
  *Foundation funding would be generated from membership fees from working circles, donations from steem-based businesses, and individual steemians and shall be by liquid money(crypto) - as against SP delegation.
• A biweekly report shall be presented by all working circles to ensure transparency.

Read the proposal here

Foundation Structure Proposal by @upheaver

@upheaver proposes a foundation whose goal is to build a robust ecosystem around the steem blockchain by utilizing decentralized apps and communities.

• Foundation shall have a governing body made up of corporate and individual memberships.
• Has a leadership team elected by the Board of Directors, comprising of CEO, CFO, CTO, etc.
• The foundation is profit oriented.
• Board of Directors shall be responsible for budgeting of funds and profits therefrom would be reinvested into funding. The funds shall be solit 50/50 between fiat and crypto.
• Foundation shall have a physical location in a jurisdiction with low cost of operation.
• Major source of funding shall be fees from individual members and donations from corporate members (companies on the steem blockchain)
• Board members can have as many terms as they're re-elected in.
• Major decision making shall be by polling among the Board of directors.
• Foundation would have a board of community advisors which election would be open to all steemians.
• Biweely report on the progress of the foundation shall presented to bring about transparency.

Read the proposal here

The Merger by @shadowspub

A merging of other proposals put forward by other steemians, the merger has as its main goal to 'build the most beneficial community possible through collaboration with steem inc. It seeks to advance the steem blockchain by facilitating its wide adoption, developments, etc

• Foundation shall have a central body which would comprise of 15 members of Board of Directors (selected in accordance with their skills and competence), and topical sub committees(to be assigned diverse tasks)

• Decision making would be by members of the board, and would be guided by established rules of the foundation.

• The foundation shall be non-profit oriented.

• Shall be located in the USA fur ease of access
  to funding

• The foundation funding shall be by means of donation from steemit inc, corporations, and individuals.

• Funding requests by individuals would be processed openly to ensure transparency.

• No monetary compensation of any sort for board members, save reinbursement of their expenses.

Read the proposal here

People Survive by Helping Each Other by @thehive

@thehive proposes a foundation whose main goal is to support the steem blockchain by creating a number of committee accounts each with specific purposes, supported initially by a whale account and with the intention of supporting other projects(by votes) within their specific areas of concentration.

• The foundation is for both profit and non-profit purposes

• It has no central coordinating body/leadership structure

• Decision making is by polling by the larger steem community

• There would be monetary rewards for the various account managers.

Read the proposal here

Below is a table comparing the core structures of the different proposals above:

The Elections

Elections for the structure proposals is billed for April 10 through April 17, the registration of voters having ended on April 8th. Do if for some reasons you missed the registration, you would not be eligible to cast a vote during the election events. The election would be conducted through dpoll. You can learn more about it here.

You may also want to join the steem alliance discord server to keep abreast of developments. Go here: https://discord.gg/AGWmggq