The incentive to build right now is week after edging people on with a new builder rewards for months and not providing. It was honestly the main reason developers would spend their time working on expanding and integrating the project for new use cases. If it wasn’t for the money, it was because they believed in the project. Right now, Trust in the platform has been dwindling causing developers to pull out. In my opinion, Incognito is currently short staffed and prioritizing things without taking the necessary initial steps required to continue development of the platform. Unfortunately Optics and Morale are just as important as the tech. Incognito is going to have a hard time if the thought is that people will come if we just decentralize the tech.
Development should definitely be focused on, however right now with the current state of the platform, decentralization isn’t going to do any good without releasing extra information. It doesn’t matter how decentralized the platform is. If there isn’t any Transparency in regards to the DAO and the Funds associated with it, we aren’t going anywhere. The longer this information is in the shadows the worse off it will be for Incognito.
The fact is, the concerns voiced in this thread worries people. The DAO: Incognito Community Governance. In fact, they worry me, which is exactly why I started it in the first place. A lot of people just don’t feel comfortable keeping their money in the platform because of lack of assurances. Pair that with the optics of no response on the matter and the growth team getting fired (Serious lack of transparency and community say here). Let’s face it, the situation is not looking so hot for the platform.
Honestly it feels like the community only has say for some small things and is used to do all the sh*t work the team doesn’t actually want to do. This platform was supposed to be run by the community. One of the main reasons why the ETH bridge was made was to add a voting mechanism for the community via smart contracts, so we could actually decentralize things (let the community have a guaranteed say). Then the Incognito Core Team decided, nah, we don’t trust the community, we will test the waters and only let them vote for builder rewards, but they don’t get absolute say, we the core team get final say. Then it’s decided to just remove builder rewards promising a replacement, and it never came. If you can’t trust us, how are we supposed to trust you.
If you actually want people to build, give them a reason to come back to the platform and build. If you can’t eliminate the worries of a potential rug pull, your going to have a tough time selling the idea for people to spend development time on the platform, and that’s just how it is. Take a look at what’s currently happening with the platform and tell me i’m wrong. Liquidity is on a downward trajectory, IncScan is being sold, and people are leaving.