Change the current SmartCash block reward allocation to 50% - Community Treasury (SmartHive and HiveTeams) and 50% - Hive Structuring Team (SmartRewards 20%, SmartNodes 20%, and Miners 10%).
Currently, the SmartHive community address holds approx. Σ742,364,508 ($148,472,901.60) or about 54% of the whole SmartCash circulating supply (http://explorer3.smartcash.cc/richlist). However, only about Σ2,634,940 ($508,578.00) worth of projects have been currently allocated or completed. This means only 0.35% of the SmartHive community funds have been used for community projects.
My proposal is to change the current allocation from 70% - Community Treasury and 30% - Hive Structuring Team to an equal balance of 50% each with a 20% allocation to SmartRewards, 20% to SmartNodes, and 10% to miners.
With the increasing popularity of the SMART community, more and more members will be required to split smaller and smaller rewards amongst each other. While this is a good thing and an unavoidable consequence of growth. We have more than enough in our Community Treasury to justify the allocation change and reward the community for their loyalty.
If you agree with the proposal or would like to donate please free anything is greatly appreciated:)
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