🙏 Please Donate for August 2024🙏 Please Donate for August 2024

In line with the plan to achieve sustainability (break-even), donations will directly reduce the posting fee, such that donations + forecasted posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.

The next Fee Operation Management Committee will announce new posting fees according to the following schedule:

Block 856011 ~2024/08/10 13h00 UTC
Block 860330 ~2024/09/09 13h00 UTC
Block 864506 ~2024/10/08 13h00 UTC

See the prior month's post for more details @ 604610.

Accounting NotesAccounting Notes

July Crowd FundingJuly Crowd Funding

Crowd Funded Contributions for July 2024 - thank-you!
@Undisiplined - 25K
@siggy47 - 5K
@grayruby - 3K
@anons - 5.1K
Total Crowd Funding = 38.1K

July RevenueJuly Revenue

40.9K according to the operational stats.

Posting NotesPosting Notes

• Forecasted Posts in July = 331
• Actual Posts in July = 287
• Forecasted Posts in August = 287

Shortfall of ~44 posts vs forecast.

Treasury was 41K at end of May. I'm holding off ratifying rules around treasury burn until I see signs of stability in modelling the future. We're still bleeding money, and @jeff is plugging the holes.

Short Term Priorities & GoalsShort Term Priorities & Goals

These are unchanged.

1. Break even with crowdfunding
2. Break even without crowdfunding
3. Build up treasury
4. Run incentive backed games
5. Build Tooling

Operational Metrics / Quick & Dirty Fee Change AnalysisOperational Metrics / Quick & Dirty Fee Change Analysis

All-Time
1.9m stacked \ 177.8k revenue \ 2.3m spent \ 2942 posts \ 14.5k comments

~ 4 weeks in March @ 10 sats-per-post:
215.7k stacked \ 19k revenue \ 247.3k spent \ 588 posts \ 1755 comments

April (proper):
277.9k stacked \ 26.8k revenue \ 322k spent \ 605 posts \ 2303 comments

~4 weeks in April @ 21 sats-per-post:
203.9k stacked \ 24.6k revenue \ 239.3k spent \ 537 posts \ 2151 comments

May (proper):
149.5k stacked \ 27.8k revenue \ 194.8k spent \ 380 posts \ 2095 comments

~4 weeks in May @ 100 sats-per-post:
105.3k stacked \ 26k revenue \ 144.6k spent \ 326 posts \ 1919 comments

June (proper):
253.4k stacked \ 36.8k revenue \ 327.1k spent \ 331 posts \ 2297 comments

~4 weeks in June @ 136 sats-per-post:
260.4k stacked \ 35.5k revenue \ 332.4k spent \ 327 posts \ 2551 comments

July (proper):
339.4k stacked \ 40.9k revenue \ 423.8k spent \ 287 posts \ 2662 comments

~4 weeks in July @ 187 sats-per-post:
307.8k stacked \ 39.2k revenue \ 389.6k spent \ 250 posts \ 2230 comments

Territory Change LogTerritory Change Log

2024/07/11 - Increased the posting fee to 187 @ 604610

Owner's PledgeOwner'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.

DisclaimerDisclaimer

Do not donate with the expectation of receiving a share of future profits. This is not a security offering.

Prior UpdatesPrior Updates

July 2024 601808
June 2024 566281
May 2024 526847
April 2024 493332
March 2024 448054