109 sats \ 8 replies \ @grayruby OP 28 Dec 2023 \ parent \ on: SN Foundry- Weekly Discussion meta
Agree. It's a tough balance. You want people to post and I don't want to deter anyone from posting because the fee is too high but also making it high enough that it doesn't make sense for bot posts because they end up spending more than they get back.
You want people to post and I don't want to deter anyone from posting because the fee is too high
I mentioned here that my approach is to refund the people who post content you want to see. Mentioning this here since I am not sure if the two of you are aware of this approach.
I can't say anything regarding the effectiveness of this approach yet though. But I think it's at least having an impact on the territory funding:
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ok so you set cost to post in ~crypto at 256 sats and you're saying you refund them by zapping their post at least 256 sats if you like the post?
Also, I have a question about the territory revenue...what is the 50% taken from? - just posts? or posts + zaps to replies, etc?
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ok so you set cost to post in ~crypto at 256 sats and you're saying you refund them by zapping their post at least 256 sats if you like the post?
Yep. And with "I like the post" I mean "this post belongs here".
Also, I have a question about the territory revenue...what is the 50% taken from? - just posts? or posts + zaps to replies, etc?
Posting costs and 10% of every zap. Right @k00b?
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50% of posting costs and 50% of 10% of each zap?
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Ah, yes, that was written badly.
Revenue = 100% of posting costs and 10% of each zap.
And you as the founder get 50% of that and 50% go to rewards.
So yes to this:
50% of posting costs and 50% of 10% of each zap?
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ok, thanks for clarifying. And out of curiosity, before the launch of territories, did SN take 10% of the zaps to users?
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Yes and these also went to rewards
You can read more about this here:
To make this feature sybil resistant, SN now takes 10% of zaps and re-distributes them to the SN community as part of the daily rewards.
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Thinking ahead a few generations of game theory... I worry that the only way to make this work is if it near impossible / difficult to earn significant sats on this website, and instead just making everything pay-to-post, with nominal sat upvotes.
Maybe it's just my AI doomerism but I worry they will only continue to proliferate and get more sophisticated in gaming the system.
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