In the area of compensation. If Hedera wants to compensate like as mentioned, an existing business in Silicon Valley, the biggest piece to me that needs to then be addressed is use the existing leverage the GC members have. Largest DLT in the space with this class of governance. Get Charles on CNBC, Fox, Bloomberg, CNN, Hedera ,Hedera, hbar, hbar and who the members are. ServiceNow and supply chain and AI, IBM and AI etc. With this, Hedera being seen would get way more attention and people interested in the Hedera ecosystem. Karatecombat, Dovu, Diamond Standard etc. Out pace the drain and the people supporting retail will be happy. My bet is Hedera's GC members know it's easy to get focus on the DLT if they wanted it, they'd have it. The question is why do they choose to not use the biggets tool which is themselves? No other DLT has this governance. A paid advertisement is great but if they don't use the name drops like Rob Allen has mentioned before, open doors for meetings. Why not use these aggressively in bringing eyes to Hedera?
Right now all the rage is AI which is why it's a topic on financial media When the network starts bringing real efficiency and value to these enterprises i.e., bottom line results , they won't have a problem talking about DLT and maybe even Hedera, on CNBC , Bloomberg etc. .
@@HC-iu1vs Not accurate. The rage in the crypto industry is DeFi and it will always be DeFi. Period. Hedera DeFi is a ghostown, that's why it's failing.
Good thoughts on compensation Brandon. We need people really involved, with skin in the game, not mercenaries. In this phase of initial network development, hedera leadership (particularly Hbar Foundation) must demonstrate that they really believe in Hedera and take risks like we are all doing. i.e with a modest salary and perhaps a performance bonus for the long term. It must be very nice to receive those luxury salaries while the rest of us (hbar holders) assume all the expenses and risks.
Sami Mian Blade wallet was the best of the show!! These kind of projects/apps really add value to the network. No pump, no noise, no ask for, not requiring constant attention, but building and solving important problems. Wish you success!!
I don’t know if you read comments personally or not, but if you do, I want to say thank you, Brandon, for all that you do to inform us of what is being built on Hedera. I watch every weekly update, and I appreciate especially the way you have approached the last month with honesty, speaking of possible ways to improve the ecosystem in regards to attracting more retail customers. Once they get involved with Hedera’s Dapps, they aren’t going to go elsewhere. It seems to me like you sincerely believe in what Hedera is building, and you are passionate about how to make it as good as it can be.
I'll believe in the Hedera community when I see actual activity on Hedera DeFi. Without a large and varied DeFi ecosystem, HBAR will not appreciate in value. Period.
What a phenomenal video! Hbar is going to turn it around and the statement from hedera president is a huge testament to the integrity of the core team. Great work
Hedera needs to partner with social media platforms and influencers that already have a large, active userbase for their captive audience. Putting up booths and showing the Hedera logo at special events does not have much of an impact at all.
Great conversation about compensation and accountability. I agree these issues exist across the ecosystem but at least Charles is tackling them head on. Great work on his part and by Brandon and Sharky to discuss fairly and give criticism and praise as earned 👏
3 years on the council, 3 years of running an Hedera node, DBS left without building anything on it, i heard that they are going to do big stuff with ripple, WHY? Hedera and other networks have sacrificed full decentralisation in favour of governance, let's hope it works, no network is fully decentralised until running nodes becomes permissionless. Hedera is one of the least decentralised networks, i think that makes it more secure and less transparent to outsiders, making it more attractive to big enterprises who have things to hide. Fully decentralised networks do not need a GC, it is an oxymoron, having said all this, HBAR is still my favourite, thanks Brandon.
Good thoughts - but would disagree : “…don’t need Governance…” Yes, every network requires Governance. Even if the protocol itself is decentralized. Let’s go right to the extreme - Bitcoin. Many will say it is the most decentralized. Fine. But … 1. Over 96% of the lines of code have been changed over its history. 2. It will need changes / upgrades going forward. Would need a lengthy write up there - but surely we all agree - it needs to find a way to raise, around say, $25 Million per day in Tx Fees, if it’s to remain secure. They need to pay for enough mining. The Security Budget crisis is looming, and will need to be addressed, likely by end of decade. So, what changes will need to be made ? Plenty of suggestions, arguments, ideas there. The point is - it needs upgrades. 1. Which upgrades ? 2. How will it be decided ? 3. Who makes the decisions ? Solution : Governance. Even if we say it does not currently have Governance … it does ! Someone has made the upgrades in the past. Someone will need to in future. What it does lack is ** Formal Governance **. One example (staring everyone in the face) - Post Quantum Security. How will each network survive the advance of Quantum Computing ? There are solutions out there, but they will need to be designed, and implemented. If a network is “fully Decentralized “ or ossified, then it is also doomed. Solution : Governance.
The letter from Charles means nothing unfortunately. And seeing Rob wearing an Earthlings shirt is exactly why all this doubt is around. I know you also got compensated, Brandon. For you it is ok. But this guy talks about being involved in boards and whatnot takes compensation from a video game. Charles hasn't done anything since he is president and he won't. Rob also. Shanye also. You are right, Brandon, we gave them the capital and they work for us. NOT the other way around. They can be replaced, we can't be replaced. They must learn to understand this. They can't hide behind the companies in the council! We decide! We gave all the money! How dare they take our staking rewards and pay themselves all these bonuses. Shame on them! If they lose us, they are nothing!
A lot of good points. That said Rob is 100% a good guy in all this. Jury is out on Charles as it’s still early, but Rob is fighting tooth and nail for HBAR holders. The only person in a Hedera position of power that I can say that with certainty.
@@HC-iu1vs Investors give Hedera $$$ to help chain to build. 7 years give them $$$ to build. They build tools but all this tools are very low used. MANAGEMENT WAS DESASTER. Maybe stil is, we will see.
- systemic ineficiencies - new business structure (no coment more) - reset of Hedera's thinking, way of working and way of beeng seen by the industryy (to cheat, to use traps, a coin seller, a project who pump news and then dump on retail) This is nothing???? Probably is nothing just because is to late. And probably is to late to recover lossed trust
Brandon, great video this week. For retailers who own $HBAR or not yet, will there be a "how to/step by step video" for the exchange/swap process to acquire BONZO when they launch in august?
Thank you for your open honesty, I am a big holder and fan of HBAR and why to many people in Crypto hide negative information, I often get heat from it. But, I appreciate it, I take my money seriously!
@@Roysphotos8 Lol, I don't know there's a lot of Tribalism in Crypto and anytime I speak the truth about those certain tokens, you get nothing but hate... People love to be lied to and call FACTS FUD! BUT, YOU WOULD THINK SO BROTHER!
Results matter. We need to see concrete positive results leading to reasonable price action. If we see multiple events of positive results all of this consternation will pass.
What do you think could realistically move the price? Nothing so far has moved it. And if anything I see the sentiment turning sour and overpowering any recent announcements and partnerships, nearly all the guys who got me into Hbar have basically not even talked about it in a month, I feel like we are working out this is just a bunch of corrupt self-serving globalist shits, selling us pointless internet money tokens and walking away with our real money, ready to dump the shit out of us the second the price moves
Any payments or incentives based on HBAR should be held in trust by Hedera with a time limit on convertiblity, say 5 to 10 years. What better way to ensure long-term productivity. This needs to be implemented to gain trust. This current remuneration might explain the abysmal performance of HBAR.
Thanks for the update this week! About the Hedera booth at Karate Combat's next event, I would have preferred seeing more attention to Hedera itself and what it is, what it does, and how it could benefit small and big companies, instead of promoting a game that's not finished yet (showcasing a year-old video of a mini-game that is... Don't mean to sound like a jerk but let's face it...), I like twigital being showcased as it's an amazing use case built on Hedera, and then Bonzo Finance, well, it's a defi product on Hedera, but 99% of the people there won't really care about it in my honest opinion. Let's make sure we get products showcased that leave people with this ''wow'' factor. Would love to see the community be more included in decisions like this.
@@HC-iu1vs I am not missing anything. Just imagine a Hedera booth with Karate Combat and Hedera merch that have Atma Io's QR tag showcasing how their use case works and why it's massive. What about a Hedera based wallet there to actually onboard people, give them 100 Karate Tokens for free for doing so. Plenty of things you could do to make the experience better.
All of the Hedera entities need to start getting serious about MOVING WITH VELOCITY to get things moving and get sow “W” in the win column. Dragging feet on at least two major GC members is nonsense. At least one major one was supposed to come out at the WEF but gridlock prevented it. The only thing everyone is looking for is results! General George Patton used to frequently say that “a good plan executed well now is far better than the perfect plan executed too late!” All Hedera entities MUST start producing results NOW!
The GC is irrelevant, at the moment. What matters is a robust and varied DeFi ecosystem. I'll believe in the Hedera community when I see actual activity on Hedera DeFi. Without a large, varied, and robust DeFi ecosystem, HBAR will not appreciate in value. Period.
need better incentives for holders. otherwise they all going to keep fking off. we hold the floor when news is good... now its shaking because of greed.
If I understand what's been covered in this video, I should be a bit worried. I'm hearing Charles say to the board " you all aren't acting with integrity, performance demonstrated and what you're paying yourselves isn't at all in proper proportion". If I was overseeing a group with this behavior, I don't think I'd pay money to advertise it to the world either. I hope I'm wrong and misunderstanding all this, hedera is my largest holding exponentially.. Also to hear it said that token holders that supply the capital aren't "investors" seems like token holders are not at all valued, it's almost a dehumanizing way to think about people
"Investors" We are just a source of money. Extremely good to workout they can just create magic internet money from thin air, sell it to fools who they have less than zero obligations towards, and don't have to answer for. I bet the only reason we got a bunch of meaningless words from Charles, is because they saw the projected profits from dumping on us during the prime part of the bull run decrease
What matters most in crypto is a robust and varied retail DeFi ecosystem. I'll believe in the Hedera community when I see actual activity on Hedera DeFi. Without a large, varied, and robust DeFi ecosystem, HBAR will not appreciate in value. Period.
They can't understand us because is a huge difference here, WE GIVE $$$ and THEY TAKE $$$. And the main problem is we give them to build but they use it to expenses and compensations...
Brandon, May I suggest putting up some TVs in the background similar to the Paul Barron Show? I think it could really elevate the look and feel of the show. Keep up the great content!
@@HederaForumMaybe Hedera/Foundation could help you elevate your already very professional approach. Whatever you do, it should remain easy for people to focus on the content. So nothing that would distract the audience. Either way it's already fantastic all you do and you've been improving all along. Cheers!
It’s mind blowing that HBARF doesn’t have any KPIs, how was that allowed to happen? To me that says a lot about the culture that’s been allowed to develop in Hedera, it really does need a drastic reset.
I'd say to fix that they need to stop dumping more hbar onto the market but at the same time I think theres till alot of market manipulation going on so really price wont go up until those who control prices take it up
@@kadenboi3781 Because didn't understand, they pushed Hbar into a black hole. I'm very curious to see how/when/if they will recover the developers trust. They could.
Network needs a reset and complete overhaul if they are going to compete at all. Another problem I see is they have nobody to talk about the tech or collaborate with other networks etc. Leemon is nowhere to be heard. Unlike Anatoly, Vitalik which are the most vocal founders the communities can rally around them. It’s like Leemon made the tech, cashed out and retired.
Thanks Brandon and Rob for the great discussion. Decentralization is not an excuse for abuse and exploitation. To the contrary, it's meant to mitigate abuse and serve the interests of a wider community. Clearly the Foundation remains a major handicap and burdon in a highly competitive space. THF is responsible for ecosystem development. Whether Hedera can ultimately succeed despite 3 wasted years and the enormous waste of resources remains to be seen.
@@HederaForum Good thoughts on compensation Brandon. We need people really involved, with skin in the game, not mercenaries. In this phase of initial network development, hedera leadership (particularly Hbar Foundation) must demonstrate that they really believe in Hedera and take risks like we are all doing. i.e with a modest salary and perhaps a performance bonus for the long term. It must be very nice to receive those luxury salaries while the rest of us (hbar holders) assume all the expenses and risks. Also, honestly, I don't think it takes a genius to distribute network resources among the existing projects. We would all shoot well with other people's gunpowder...I think a well selected group of community leaders (perhaps through a DAO) with the right incentives in place could do a much better job than the Hbar Foundation, and at a fraction of the costs.
They got a lot of support and seem to have no problem raising money. I used the old version but shockingly not the app yet. Will do though. Thanks for the heads up.
#CharlesXAdkins work many years in this market and knows very well the market perception about Hedera (dump on retail) Few days before was appointed, was revealed Tatsuaki Okamoto & community petition (is exact like today, nothing changed) Was public, all internet discused about this. He dont know about this letter? First Charles decision was to approved a huge amount 5B distributed coins from treasury... He put this letter just only because was forced by the community of Hedera developers. If he don't respond they could leave and if they leave it could be GAME OVER... We will see, but my feeling is: - with this rulles and with this executives team is imposible - is to late (in 6 months RECESION will come and all market will crash) - he is to weak and i don't think he realy want.
Was tons of mistakes, how could you be friend with a person who said Hedera is a garbage and pushed and forced all media to said BR is a fake news... This team don't understand our huge frustrations when drop to 20 with 6B MC on 40 position with 2B MC and our huge frustrations when see our wallets is in real loss 70% or even much more. They don't care because they (in person) don't lost no any $$$. Hedera lost and we lost. For example look at Kaspa who have now double MC after was far behind us. IS NOT ANY FRIEND HERE. JUST ENEMIES.
With the big supplies of 50 billion it’s almost impossible to go to a dollar.. retail investor should invest in something else that has more potential to go to a $1 to $10 but not HBar… not to mention all these projects build on top of Hadera, not on Hadera this means HBar not going anywhere. Plus excessive compensation for Hbar foundation executives. Basically we invest and they take the money. We basically buy something that has no value. That not going anywhere.
Your ignorance is blinding. XRP went to $3.85 with a total supply of 100 Billion vs the 50 Billion of Hedera. Also XRP's circulating supply was even slightly larger than Hedera's at the start of its run to $3.85. There goes your theory that HBAR can't go to a dollar, debunked.
@@timothy9447 You know that was a pump and dump and lots of people lost lots of money. Where is the 3.85 i don’t see it! it’s been like this for years and probably will never go again to that point.
