RE: chainBB's path forward - a discussion on revenue

[jesta]

I started started playing with the numbers, is this along the lines of what you were talking about?

This starts heavier on the chainBB side (to ensure revenue is happening), then chainBB sort of plateaus. The 7/8/9/10% ranges all increase the owner more drastically than chainBB.

Another thing I'm thinking about is the timeframe for this calculation.

I'm thinking I start it off as the sum of the posts from the last 30 days. So the % earned by the forum owners would fluctuate over time, and abandoned forums would eventually dwindle back down to the initial 1%.

30 days might be a hardship on forum owners though - and that number could be increased to 45/60/90 days if it turned out to be too rough. I'd rather start with it being difficult though and then relax it, as that would be a welcome announcement. If it's too relaxed in the beginning - a lot of people would be frustrated at it becoming more difficult, should the need arise.

Comments

[bryan-imhoff]

Looks great! I just have a few quick notes/thoughts.

1. It seems to me like you should avoid the curve trending back down on your end. You shouldn’t make less at the 5% split than the 6% split. Pushing that goalpost to 7200 keeps the revenue at least even.

2. I may be biased since I’d like to own a forum... but I do think it makes sense to average a longer period of time, particularly in terms of decreasing an owners revenue share. For example, the first calendar month that a forum achieves a milestone they get the % bump, but then a rolling 60-90 day average determines if they lose it. It could help smooth out growth and ensure 1 off month, or the transition period between milestones doesn’t result in a forum bouncing back & forth between %s. This would also allow you to run reporting and adjust %s one particular day each month for everyone.

3. Lastly, Are these figures in Steem or USD? Steem would be more stable for reporting purposes and fluctuations, but as it grows in value you may need to adjust these down as it stabilizes at certain levels. If Steem spikes to 5-10 USD for instance, new forums drawing in a lot of users new to the Steem ecosystem would become more disadvantaged trying to hit $ post revenue goals 5-10x higher than they are today. ChainBBs revenue share would also go a lot further, hitting $1500-$3000 USD a month even on the mid level forums of this chart. At that point these goals could be relaxed if they’re being valued in Steem.

[jesta]

1. A very good point, and 7200 does achieve that rather well. I was staggering the amounts in 500, but I suppose that doesn't matter an incredible amount and is probably just me being OCD. If it bothers me too much I suppose I could go 7500.
2. Makes a lot of sense. I'm not sure still what the right timeframe is for the rolling average, but I suppose I have 30-90 days to determine that amount after I get the first beta forums running.
3. Yeah, to start off with I am planning on tracking everything in STEEM (technically VESTS), since that's what the beneficiary rewards end up paying out and the value I get back from the APIs. You're right though, as the price fluctuates, it's going to require manual adjustments. I think I am willing to manually adjust it during massive price shifts, simply to reduce the complexity of this initial release.

Thank you again for the feedback - I've really needed some human interaction to help work through what I've been plotting for so long. Send me a PM on steemit.chat if/when you've got a few moments and if you'd like to give it a spin.

[jesta]

If you're interested, I figured I'd share the latest iteration:

Some thoughts I had while adjusting things:

• Smaller increments for a feeling of progression. I figured why not if it's all automated.
• Each step from 1% to 2% is a small jump, allowing the unlock of 2% to happen after 50 STEEM.
• As you progress further up the scale, each increase becomes slightly more difficult (like a character level).
• The 5% level is almost in line with what I had originally proposed (250 STEEM - 5%)

[bryan-imhoff]

I like the level progression feel, definitely appeals to the rpg gamer in me! The reward curves look great, especially the early progression. I actually messaged you in chat a little while ago, I already set up a forum! Process was easy and straightforward. I'm looking forward to really launching it in a few days.