Thankyou @Alice. I’ll respond to your points, but in future maybe don’t use ChatGPT to help you craft arguments. This response here (also ChatGPT) and others on Polkassembly, here and here, makes it pretty clear your motivation is to distract from discussions that press the point that spend + on-chain performance should be related.
Of course I could be wrong - I’d love to debate these points face to face if you’d like to take part in a public discussion?
I’m not suggesting that. I’m suggesting there is a missing support function that is another barrier to scaling on-chain contributors.
I think it’s crucial to ensure that proposers provide enough details about their proposals to avoid any ambiguity. The Kusama community rejected your proposal because the outcomes were not clear and there were dormant companies involved.
Proposals are a process. I’m done this alot - in crypto, and in many organisations / institutions in the ‘old world’. Referendums are binary - therefore if you want no ambiguity, proposals should be along the lines of Should Britain leave the EU, yes or no?
The Kusama community rejected your proposal because the outcomes were not clear
The proposal you are talking about was V1. It failed 42/58 - pretty close. V2 will evolve and iterate on lessons learned in V1. This is how proposals should develop - more organically. Else we’re just in a position of people writing “perfect proposals” - this leads to optimising for a Yes in a referendum, rather than for successful outcomes.
There are very few people arguing for outcome based proposals - unsurprisingly, this is a sensitive subject, as many people are concerned that this direction will threaten their current positions. My own position is that all talent here is valuable, and this shouldn’t feel like a threat, but a reappraisal of what matters. The only constant is change.
and there were dormant companies involved.
This is a weird sidestep - and is clearly related to this Polkassembly comment where you, or an associate are trying to dig up dirt to show i’m trying to scam the treasury. Quoting from that post:
You say ‘a process mediated by a team such as Decent Partners’. We all know there is no ‘team’ as the Company only has one employee and it 2021 the business had net assets of £16…- it says so in the accounts. (links below)
It also says that you set up 3 other businesses, all which are dissolved or liquidated and you want us to trust you with mediating this innovation fund…?
I’ve been involved in many companies over the years. As a freelancer, as an employee, as a shareholder, as a company director and as a founder. Companies exist for many reasons - they can last for a decade and have clients like Red Bull, Apple, Spotify, BBC and Channel 4 - as in the case of one of the dissolved companies Lemonade Money, or they can be short term SPVs used for specific projects as in the case of Propikko.
For what its worth, Decent Partners is an organisation I own 100% of the shares in, it has no employees. The company operates in a highly risky space and bringing on partners is less about the talent I have access to, and more about timing. My previous company raised a lot of VC funding - I would rather push this as far as I can alone, before taking external capital. You are welcome to check my creds here at Linkedin, IMDB, here, The Guardian, or just google me.
Decent Partners has been capitalised with my own money to date, the primary source were my early investments into Ethereum, Filecoin, Polkadot (Kusama) and Flow. The money for these investments came from the shares I sold in Copa90 - a company I cofounded.
The reason there is no profit shown on the balance sheet is because my income (and director’s loans into the business) have been used to cashflow other startups and businesses, who are part of the wider network I’ve been stitching together.
Your gotcha, is literally just identifying the business model I’ve developed.
Decent Partners has and will continue to advance recoupable loans to brilliant creative talent spearheading innovation across a range of sectors:
- Maia Pictures, now funded by The Story Collective and Fifth Season.
- Epikk Alpine Ventures/Experiences - a creative / hacker space and retreat in the french alps.
- Kinterrella, a decentralised energy storage company with several million of private investment over two decades, with Spanish patents
- Auto Fabrica, a multidiscipinary mobility brand (again worth googling).
I look forward to answering any further questions on a public call.