Given 48.2K in (pre-SN-fee?) donations, and rent at 100K, and 380 posts in May, the "forecasted revenue" for June required to break even would translate to 136 sats per post.
In prior months, I set an arbitrary fund raising goal.
New plan/experiment/goal to achieve sustainability (break-even):
Donations will directly reduce the posting fee, such that the forecast is donations + posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.
Zaps to this comment, will count towards donations for June. Please make a comment in a reply if you contribute something material.
I expect this to still lose money in the short term, even after post-revenue, as posting fees climb and post count drops. We'll update the policy, if we find equilibrium.
If it works...
a) donations should shrink over time, posting fee will predictably drop over time, and content should go up. Unclear what will happen to quality. Fingers crossed.
b) donors are directly, kindof, buying more content for the month ahead (lower fees = more posts/content, see analysis below).
c) frequent-posters who stack-more-by-posting-more can optionally do some math to see if it's rational for them to donate.
Example:
Assume there is 60K sats from donations today. Given last month, that there were 380 posts, I would say "Assuming 380 posts in ~June, I'd have to charge 40K / 380 = 105 sats per post, to break even.
Example 2:
If nobody donates today, then the fee would rise to 263 today (100K / 380), and then probably rise again the month after, because post count would likely drop again.
It's kindof fun, to run a mini-economic policy update based on inputs like the above.
Accounting Notes
Crowd Funded Contributions for May 2024 - thank-you!
Fundraising Target was 55K, so considering this a deficit, I'll pick up the difference. Treasury was 41K at end of May. I guess this means I should be drawing on the treasury. Seems fair. TBD on the Treasury / Cashflow update; easy to sort that out. Import thing is to capture notes above.
People consider the fee difference before posting. 5x the fee, didn't 5x the revenue.
Territory Change Log
2024/05/04 - Raise the posting fee to 100. Apologies for not being transparent about this. In hindsight, I suppose I should have alerted folks. Will do better on this front. Maybe thats a feature @k00b could add. Warn the users if the posting fee has changed since the last time they posted.
Owner's Pledge
If this territory ever runs a cumulative net profit, I'll find a way to do right by the earliest contributors. There is no guarantee of that scenario. Most likely, it'll take the form of "pay-it-forward"-style BTC-adoption/effort/charity.
Disclaimer
Do not donate with the expectation of receiving a share of future profits. This is not a security offering.
June 2024 Fee Update
🙏 Please Donate for June 2024
donations + posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.Accounting Notes
Crowd Funded Contributions for May 2024 - thank-you!
Short Term Priorities & Goals
Operational Metrics / Quick & Dirty Fee Change Analysis
Territory Change Log
Owner's Pledge
Disclaimer
Prior Updates