[bisq-network/bisq-website] Add blog post: summary of first 4 dao cycles (#211)
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Wed Aug 28 12:41:04 UTC 2019
m52go commented on this pull request.
+Otherwise, there was the issue of duplicate compensation requests noted above in the Overview. A contributor made a compensation request, deleted it, and then made another—but both requests remained available for voting. The situation was clarified on GitHub, so stakeholders knew to reject the old proposal and approve the new one. But with more voters, as there will likely be in the future, such communication won't be possible, and there would have been a risk that the contributor could have had both his requests approved (i.e., been paid twice). The hope is that such issues will be addressed while the number of voting participants is still relatively small.
+As mentioned above, the underlying issue was with the network's seed nodes, and was fixed. Vote results and BSQ issued were not affected.
+## Looking Forward
+In my opinion, the launch of the Bisq DAO has been surprisingly smooth.
+* BSQ adoption and usage is strong
+* Contributors have been able to sell nontrivial amounts of BSQ for BTC
+* BSQ market has retained strength in the wake of fee increases, which are needed to make the network sustainable
+ * More BSQ was burned in Cycle 4 than was issued
+With a functioning revenue model, the network's focus must now be to draw more developers to implement much-needed improvements to the software. [Our call yesterday](https://www.youtube.com/watch?v=NJKldxdEnEY) attracted over 20 potential contributors, some of whom identified themselves as developers. Further efforts to attract contributors will continue.
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