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Dan Romero
@dwr.eth
We’re planning to launch a new, optional “Pro” protocol subscription 1. At launch, subscribers will have a Pro badge on their profile 2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time. 4. $120 a year / $10 a month Why are we doing this? - The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company. - We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth. - So we’re trying an opt-in pro subscription as another model Why now? - Figuring out a long-term revenue model that works will allow us to double down on investing in growth
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dylan
@dylsteck.eth
overall I think this makes sense, my main question out of curiosity would be if there are other parts of the protocol you think are going to similarly need their own revenue streams in the future also if there were to be protocol-level enhancements for these users(eg. longer casts) would that be handled in a way where devs wouldn’t need some extra configuration to tell who has this pro plan or not?
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Dan Romero
@dwr.eth
1. Not sure I understand. A client can charge for extra features 2. Enforced at snapchain. Minimal logic for devs but we should make this easy.
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