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0 sats \ 4 replies \ @PlebeiusG 6 Dec 2023 \ on: SN release: territories, formerly known as user generated subs meta
ok - so I don't understand the billing. I get that it's 100,000 in order to create one... but are there fees accosted with it? Will I have to pay 3 million sats once or incur an ongoing fee as long as the territory exists?
Yes 3 million sats means no future recurring costs to keep the territory.
1 million sats/year means every year you will pay 1 million sats to keep the territory.
100 thousand sats/month means every month you will pay 100 thousand sats to keep the territory.
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What does ownership give me? I don't want to moderate it - that's too much work.
Our goal is to give you economic tools such that people self-moderate like they do in a market. I can't promise our tools will solve every need for moderation, but our goal is to do that.
Even without moderation, creating a vibrant territory is going to be a lot of work in terms of engaging with and encouraging contributions.
Do I get the 10-sat fee when people post? Do I get the 1 sat fee when people reply? Is there a revenue split?
As is you get 50% of all posting fees/zap fees/boost. The other 50% goes to rewards. We plan to allow you to configure this split (giving up to 100% to yourself). Think of it like shopify - fixed costs paid to us and you keep whatever you earn, be it small or large.