This has been a subject discussed but haven’t moved on as of yet. With the finishing touches being done on Ops Distro #4 and crossing the 1.6 Milestone and $ROBOT Schedule, it would be a good time to act on it.
42% back established as a bootstrapping mechanism.
The Milestone Sched reduces reward ratios and Ops Distro timelines on it’s revenue doubling model, so arguably paying contributors a bit less while buyer reward upside remains high, is prob counter intuitive now that MF is expanding and investing in MicroFactories and subDAO focused work groups.
This would take effect AFTER the upcoming Buyer/Designer Reward Distribution
From a “value prop” perspective, our quality standards on blanks/production continue to rise and the launch of wearables and more digitally native experiences should more than make up for “y less robit”
Also push to standardize more token distributions from our collaborating partners – i.e. $SUSHI $BANK etc
Assume that the best prop on this would be the following for Snapshot:
I like the idea and probably a decrease on the higher side makes sense given that we have wearables and some big things coming soon. If that weren’t the case I would lean towards a more gradual decrease for each milestone (i.e. 30% until $3.2M - 20% until $6.4M - 10% until $12.8M or something like that), but given that some key MF milestones are going to happen soon, I would favor going directly to 20%.
Also a fan of this. Definitely a good point on the contributor rewards shrinking yet the buyers reward stays quite high.
I do think its important to think about how this affects the selling point of MF merch especially the higher priced items. I know we all like to think quality is what sells everything but the buyers reward is also a huge proponent. Not really a critique, just something for us to think about and counter.
For sure, though that survey claimed the rewards as a low deciding factor, it was a high concentration of MF faithful and most active peeps… for the greater community and crypto degens, can’t ignore the “copped it as an investment” mentality.
exactly my thoughts. I just know at all three IRL events we’ve done its been a huge sales point on our end for moving the more expensive product. Again just wanted to highlight this as food for thought.
I feel like while ROBOT price is low is when we want to have it reduced as much as possible, so I would err on the side to making a bigger adjustment upfront now since its more of a “right now” problem.
IMO 20% feels like a good balance to me, less than half but still a meaningful amount.
