dckc
commented
4 years ago I reviewed the Treasury Update in the Oct 2018 annual meeting briefly. The Profit and Loss for Q1-Q3 shows some $350K for developer relations. I don't see anything near $7M in expenses.
I see various people asking about marketing plans. I agree it's an important issue; I'm interested to hear what the board nominees have to say on the topic.
A bit of history: a $7M marketing plan was approved in the April 6, 2018 RChain board meeting. The executive committee, of which I'm a member, was still somewhat active at the time, so I was part of the decision. I don't see it in the records, but as I recall, my comments were something like "well, we need to do something, and the people behind this proposal have achieved relevant goals in the past, and nobody has a better plan." The people behind the proposal didn't take the same sort of full-time role in this project that they had done in those earlier projects, though. They continued on at their other full-time employment, serving only in an advisory role in RChain marketing efforts. The plan did not come to fruition. Here's hoping for time to look into any records of what happened to the plan and to the $7M.