Within the recent weeks, I've received a few enquiries on how our Project.hope community economy works. So perhaps it would be wise for me to write a publication regarding this topic summarized in one post.
In this publication, I will also discuss some challenges our community has faced in the beginning of its existence and the solutions we've tested and implemented to solve them.
If you would find our efforts worth supporting, then consider delegating a small amount of SP or joining our curation trail (more info at the end of this post).
Without further ado, let's get into it ....
ISSUES AND PROBLEMS WE'VE FACED
Each community is facing some problems and issues in one way or another. More often than not, those challenges are quite similar. And not addressing and handling them often is a cause for such a community to fail and sometimes eventually slowly disappear.
Major problem which most communities are facing is the fact that only curators and authors are being rewarded for their work and efforts. Only those two groups are receiving STEEM tokens for either creating quality content or by curating it.
Whoever tried to manage the community would quickly understand that it is important to also incentivise other important key roles. Moreover, we all need to find ways to reward our most engaging members, moderators, team leaders and perhaps some developers or even graphic designers for their efforts.
Those were real issues which we had to face and address at the early stage of launching the Project.hope community. Problems which many other community leaders are struggling with till this day.
HOW DO WE INTEND TO SOLVE THOSE CHALLENGES?
At some point I've learned about the possibility to set up a beneficiary on published articles. And it hit me. What if I would ask everyone who publishes within Project.hope to set up a small percentage of beneficiaries to our community budget account? And use those funds to grow the project? Then an idea was born.
So we have started by introducing a system, in which we would request that every PH member would set up 20% beneficiary to @ph-fund on each post published within our PH community
b) learn little bit about our history, goals and vision