How will algorand survive after 2030 if giving grants to them cost 2.5 billion till 2030 this is very much wastage of grants in the name of technology Nodes can support either way even if they are offered 0.10% reward they would support. There is absolutely no sense to give early backers 25% of alg…

Your list is very good, and I agree that these are goals the whole ecosystem should strive for. However I can’t validate if the current execution is going into that direction or not (and unfortunately don’t have time to focus on that). Like I said - I think slowly but surly the ecosystem is going th…

[image] Futurecurrency: Giving grants to early backers Is wastage of money and should be corrected Durning governance phase. I totally agree… Does anybody want to create with me competitive algorand network which will have fair distribution of the coins? PM me please.

Blockchain is very competitive space now. Having superior technology is not enough to stay in the game. We need to have a strong community and a portfolio of products. I’m not sure what’s the best strategy to incentivize builders and build communities, but I think there is no way without grants.

what about fair distribution of coins? some kind of much more transparent grant system should be also incentive… also opportunity to run the relay node in fair and competitive manner

[image] SGen: fair distribution of coins how do you want to distribute coins?

Grants: AFAIK grants are distributed by “contracts” and by gitcoin. Some grant projects are listed in the developer site. Ethereum community had (or still has?) been voicing same problems - many grants without open list of grants (which project receives a grants and what they are suppose to do)? M…

lets issue the same - 10 000 000 000 fair coins… lets distribute 90% among ordinary people by the giveaway and staking mechanism… each person who signs up will receive same amount … eg 100 coins per day… it gives us 90000000 days per person… or if the community would be of size 50000 people, it wou…

Grants should totally be upto the community to decide and the algorand foundation is wasting grants in short term makes me nervous … in the end governance would not have power to issue grants…

Howdy :wave:, I totally agree that the grants should be decided also by the community, because after all, the community should benefit first and the most from these! Speaking of distro and other tokenomics aspects, imo Algo is highly centralized and controlled by a hand of people which are wasting…

Such huge grants benefits the selected group of people who can inturn can become bad for the ecosystem. If such grants are issued out of circulating supply the governance would not hold enough power to issue grants later on. Issuing grants and decision making is the crucial part of governance else…

[image] SGen: have you implemented it? not yet… algorand foundation and other community members quite demotivated me in this matter, but it should be quite easy to make i like the idea of the other algorand network, as it can be used later also in the mainnet… i will try to make support for …

Algorand future

SGen August 25, 2021, 11:31am 2

I totally agree… Does anybody want to create with me competitive algorand network which will have fair distribution of the coins?

PM me please.

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Algorand future

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