reply on: SN release: drop territory costs, bug fixes \ stacker news ~meta

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136 sats \ 14 replies \ @Jon_Hodl 15h \ on: SN release: drop territory costs, bug fixes meta

Any active territory founders on a monthly or yearly billing cycle were refunded the difference of what they paid for the rest of their billing period and the new price of the billing period.

I have 3 territories that I paid just 1 million sats to rent for the year but I seem to have only been refunded like 400k sats. Shouldn't I get back that much for each of the 3 territories that I paid the 1 mil sats for?

We're debating removing it or making it prohibitively expensive in the future, but for now it will stay the same.

Will those of us who paid the full 3 million sats still get to keep out territories for life if you eliminate the option in the future? ...or are you planning on removing that and pushing us to a monthly or yearly payment?

11 sats \ 4 replies \ @k00b OP 15h

Shouldn't I get back that much for each of the 3 territories that I paid the 1 mil sats for?

Yes, I probably made the same mistake I made with territory revenue. Thanks for the heads up!

0 sats \ 3 replies \ @Jon_Hodl 15h

🙏🏻

11 sats \ 2 replies \ @k00b OP 15h

I've manually corrected the mistake. It was the exact same mistake as territory revenue. This is like always getting the same person's name wrong.

0 sats \ 1 reply \ @Jon_Hodl 12h

No worries, man.

We appreciate you.

Will those of us who paid the full 3 million sats for lifetime territories still get to keep our territories if you decide to remove the option found them for life?

21 sats \ 0 replies \ @k00b OP 12h

Yes.

0 sats \ 8 replies \ @ek 13h

Will those of us who paid the full 3 million sats still get to keep out territories for life if you eliminate the option in the future? ...or are you planning on removing that and pushing us to a monthly or yearly payment?

we don't know yet, all we know is that in hindsight, we probably shouldn't have added territories for life

19 sats \ 7 replies \ @Jon_Hodl 12h

What is the reasoning behind that regret?

I think lifetime territory founders have an incentive to build a community for life.

I spent the 3 million sats because I have every intention of building thriving communities that outlive me. I’m def playing the long game but my focus for now is driving new users to the platform so that we have more than ~1300 monthly users on SN.

151 sats \ 4 replies \ @ek 12h

I think lifetime territory founders have an incentive to build a community for life.

Yes, that was the idea but in practice, they don't: from 16 territories paid for life (excluding ~bitcoin, ~nostr, ~meta, ~tech and ~jobs), 7 founders have disappeared (= no post since months). That's 43%.

163 sats \ 2 replies \ @k00b OP 11h

To be fair to those founders, I don't think they want to disappear. They bought them for the same reason we created the once option - it's way more convenient and gives peace of mind.

I think that owning a territory is probably like owning a boat. Sometimes owning one is more enjoyable than being on the water.

I think we've also done a poor job of giving them reason to put effort into their territories. Lots of work to do on our end.

In the meantime, the once option will remain. It might be good for all territory founders if we can learn to cope with this incentive problem.

1018 sats \ 1 reply \ @Jon_Hodl 10h

Yes, knowing that I don’t have to worry about forfeiting a territory if I were to miss a monthly payment makes it an even more valuable option.

14 sats \ 0 replies \ @StackerClaus 1h

Merry Christmas

0 sats \ 0 replies \ @ch0k1 7h

Maybe the reason behind their disappearance is not losing interest but the fact something happened to them - we're people after all.

P.S: This brings the topic about lifetime territory inheritance - do you think it's a good idea the owner of a lifetime territory to be obliged to add his heirs which after a reasonable period of inactivity to take charge?

0 sats \ 1 reply \ @k00b OP 12h

On a relative basis, once paid territories have more absentee founders. It looks like there's a small squatting effect. Maybe it's too early to tell, but that's what it looks like.

152 sats \ 0 replies \ @Jon_Hodl 12h

Yeah, that makes sense. I have been super busy lately with a move and family for holidays but I am def here to grow the community for decades to come.

I think we need more users posting in more territories every day and I think many territory founders would agree.

After things slow down after the new year, my focus will be on attracting more quality posters and commenters.