Quote from: Jarvis Edge on November 06, 2018, 10:30:09 PM

Quote from: overtrack on November 05, 2018, 08:12:01 PM

Hi DEV.
I'm discovering this project and I have to say it aroused my curiosity... But there is one point I would like to clarify before going further.

Your ANN says "20% of revenues are shared among every token holder and an additional 5% among the original TGE participants."

20% to 25% of revenues looks insane to me... How can it be financially viable?

Hello

20% of the revenues is not something that important; some brokers, as example have a marketing budget around 20%, and their user acquisition cost is very high.

3 points deserve to be highlited here :

1. Mind that the company will manage a pool of 50M tokens and the DAO will manage a pool of 30M. These pools will be used to drive user acquisition and will then replace the need of conducting a classical marketing campaign. To drive user acquisition, there will be some ongoing bounty campaign / contest such as : the 10 users who have brought the most of new users through their referral link; these 10 users will share the monthly prize pool; or it could be the 10 developers whose add-on are the most downloaded this month.

Having these contests / ongoing bounty campaigns will incentivize these developers, or these users to commit even more, because they will become stakeholder and receive more revenus per token if the ecosystem keep growing, or just more revenue by growing their token stacks.

2. As the pools have 50M and 30M tokens (12% and 7% of all the tokens) they will also receive, like any token holders, a part of the revenue. In that case it will be 12% and 7% of the 20%. These revenues can be used for classical marketing campaign or can be used to buy back tokens from exchanges, to refill the pools, until the moment these pools will definitely be empty. So as you see there is some virtue circle.

3. An exchange does not need millions per month to be run efficiently. Even by giving away 40 or 60% of an exchange revenue, you might end up to be still profitable. This is why people are very interested to buy tokens distributing the exchanges revenues. Exchanges are the most valuable piece in this ecosystem. They can generate a lot of revenue.

Very interesting answer, thank you for the details. This project looks promising.

overtrack

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