Tezos

📣 SoG Update: New proposal submitted as ACTIVE for changing the domain pricing structure 📜💵 

P-013 ACTIVE: Pricing structure change #2

📣 SoG Update: New proposal submitted as ACTIVE for changing the domain pricing structure 📜💵 

P-013 ACTIVE: Pricing structure change #2
https://talk.tezos.domains/t/p-013-active-pricing-structure-change-2/253

Creating human-readable names for cryptocurrency addresses on #Tezos network.

The solution is to change the price of 3D/4D names (currently 100/25 tez) by lowering them and by tripling the price of 5D names (currently 1 tez). 5D+ names have always been the main income source of the project.

Once this proposal passes, a further proposal will be presented which will have the top 2 or top 3 most popular price structure proposed changes, to make effective going forward.

Details:
The tzc.tez delegate working on this proposal suggests the following permanent price structure for consideration by the Tezos Domains community.

Suggested Price Structure:

Rationale:
Community feedback indicates that renewing 3D and 4D names is too costly, especially with XTZ under $1. While current pricing doesn't work for the community, we also need to consider future scenarios where a higher XTZ price may make these costs even less attractive.