territories
You can now created your own subs territories. Note: this is just an MVP. It's probably 5% of what we have planned for territories.
edit: you can create them from the dropdown in the top bar
currently
- 50% of all revenue made by the territory is paid to the founder at the end of the day texas time
- the other 50% goes to rewards
- this split will eventually be configurable, eg the founder gets 100% of revenue or rewards get 100% of revenue
- the territories revenue is the revenue SN would ordinarily collect: 100% posting costs, 10% of zaps, 100% of boost
- territory founders can configure and edit indefinitely:
- base post cost
- post types
- you can't currently edit the name or billing type but that'll be implemented eventually
- eventually everything
planned
- seamless crossposting and retroactive crossposting between territories
- subscribing/unsubscribing to territories
- create territories within other territories, eg
~bitcoin/privacyand~bitcoin/mining- the territory founder can sell sub-territories to other stackers at a price of their choosing
- more post types
- more economic parameters
That's it mostly. Let me know if you have questions.
what's next
While we will definitely be iterating on territories, you might have noticed we are prioritizing legal. It's all WIP but our focus for the next few weeks (after editing out all the wonky copy-paste legalese in those docs) will be on wallet stuff.
We haven't exactly figured out our plans yet but you can expect more non-custodial support at the very least. I promise not to surprise you with anything weird and to discuss any potentially large changes should we end up making them.
yeehaw cowboys!
create.Substerritories cost money to create and maintain? OMG dude, stop giving Reddit ideas. /s