pull down to refresh
What if territories were free to create, and they just worked sort of like tags, or it costed like 100 sats for each tag you used.
The real issue is moderation imo. If there was a way for stackers to annoint people to mods and if the annointeds actions was transparent, you could have a succesful decentralized moderation force it seems
This just turns the current constant, into a formula which returns a constant. It would have the same problems as today, imho.
As price of BTC rises, zapping is going to go down....So its certain SN will need to lower prices.
Suppose BTC hits 500K USD....do you think anyone is going to pay $500 USD per month for a territory? When gross zapping is even lower than it is now?
My point is there needs to a way to build in future deflation into the model. Otherwise its simply not going to work.
I think we're both correct. About two different points. :)
I see what you mean.
I think territories should be priced on a 2-3% diminishing monthly rate. So 100k first month, 97000 second, 94000 third, etc etc.
This solves several problems:
Frankly I would do away with the 1M and 3M sat options and just move to this diminishing rate model since it would always provide some recurring revenue into SN...but by say year 4 or 5 the monthly fee would be only around 20k for renter....so this optimizes for long-term investment.