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There's no one stopping other investors from betting on what they think is a better horse.

That is beside the point that grants lead to economic lethargy, when they're too generous or long-term. Humans need a sense of urgency, to stay focused and recognize opportunity.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 7mo ago

with most nostr grants i think the problem is they aren't targeted at a purpose just "do whatever" even though they say that at the beginning, not one grantee seems to stay on one task and get it done properly

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Discussion

Silberengel 7mo ago

Because they don't want to micromanage them. Grant-givers aren't bosses and NGOs aren't businesses; they're charities.

Businesses need to be run for-profit, so that the market is the boss.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 7mo ago

the other bizarre thing about the grants is that they all pretty much seem to be for clients, and nothing is about getting a concept for a business off the ground

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 7mo ago

cloudfodder is one exception i know of

Silberengel 7mo ago

I think nostr.build also had a grant and managed to actually launch from there.

And Damus. Say what you will, but Will actually seems to want to make legit money.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 7mo ago

damus has a revenue model?

Silberengel 7mo ago

Sorry, wrong emoji. 😂