PROJECT.HOPE economy - upcoming changes and suggestions for 2022 [DRAFT]

INTRODUCTION:

In the past, I've mentioned about Project.hope problems with current ways our project economy is being structured.
I remember explaining, that it's hard for me to predict the future of SBD price. And that I can carry on with monthly support as long as it's high.

Just to refresh our memory:

currently I'm receiving approx 10 SBD in form of beneficiary daily. That gives me around 3k liquid steem monthly. Which is almost all used to cover cost of those "monthly supports".
If one day price of STEEM will increase and SBD would drop down to even to 5 STEEM, then I would already be having a huge problem. It would mean, that all beneficiaries are not enough to cover that cost.

In other words: value of your support would grow, but I would start having real problem with losing funds on daily basis.

For all those reasons: sooner or later I will need to change PH economy. Because in current shape and form it may pose some serious risks. And it will only function well as long as price of STEEM is low and price of SBD is high.

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Another problem I need to address is the fact, that some people are currently only engaging in comments and stopped posting at all within PH. This is not what I wanted to achieve.

I will share with you few points (so you could have a bigger picutre) and then let's discuss them all. ok?

SUGGESTIONS TO RECONSIDER:

1) HOPE TOKEN

I would like to launch HOPE token (on steem-engine.net) and our PH members would be receiving monthly support in form of that particular token.
Everyone who participate would receive HOPE tokens instead of STEEM.
Those tokens would initialy have no value, but I would start buying them back (and burning) using some percentage of all liquid beneficiaries (let's say 30-50%) and this process would start at Q2 of 2020.
(details would be discussed futher)

This way I could ensure, that all active members are rewarded with something of a value and I won't spent more than 100% of entire revenue (monthly beneficiaries).

2) Other way of encouraging people to be active and engaging in comments:

I understand that I need to find ways to incentivise our members to be engaging with others. To invest some of their own time to read and comment on other people publications. I came up with those few ideas:

• active members will always be my priority with stronger upvotes on Steemit

• I use my Steemit tipu vote to support them

• they can post 3-4 times a week (approx every second day). People who are not active in comments are being requested to post maximum 1 time a week (4-5 times a month)

• in case of any medical need - they can contact @crypto.piotr or @josevas217 and we will always do our best to support them financially (using funds stored at @ph-emergencyfund)

• MAJOR cHANGE: beneficiary would be maintained at 50%. With one major exception:
  if you (or any other author) would decide that YOU WILL invest at least 1 hour of your time )right after publishing your post) and you would read other and comment on publications of other Ph members -> then set up 35% beneficiary instead of 50%. This way more rewards will stay with you.

• and finally those PH members, who engaging and active on Steemit will be my priority when it comes to upvotes on HIVE.

To summarize:

• if you're engaging and active with comments on Steemit then you enjoy priority with upvotes on both chains. You can post more often and you can set up 35% beneficiary instead of 50%, you also will receive HOPE tokens (based on your level of engagement). On top of that you would have financial support from us in case of medical expenses
• if you don't have time to engage and only want to post, then you are welcome to publish once a week. With 50% beneficiary to ph-fund.

3) GROWING our voting power on Steemit

In 2021 I've used mostly our beneficiaries to stimulate engagement within PH. Next year I would like to change it a bit.

I believe that all those benefits of being engaging will give people a reason to be active part of our community and I would like to use our community budget (beneficiaries) for other purpose: to grow our voting power.

My goal would be to offer "part time" job to few most reliable PH members (campaign around RobiniaSwap allowed me to realize which people I can work with efficiently). I would use liquid beneficiaries to cover part of life expenses of that small group.
And in return: all those people would help me promote our community curation trail and attract more delegators.

This would be long term process. I would hope that by end of 2022 we will double our project.hope voting power (delegations) and our curation trail will attract many more people.

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TO SUMMARIZE IT ALL:

I hope you can see roughly how I would like to re-shape our community "business model". And what I like to achieve within 2022.

In my head, this solution would solve number of problems. It would also allow us to experiment with launching our own token and building it's value. I think this would be quite valuable experience to have.

Let me know what do you think, which parts do you agree with or disagree with?

DO NOT RESTEEM and share your view

Let me know what do you think. I would like to discuss this topic with few PH leaders before I will follow through with any changes.