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RE: How much are you paying to post?
It's good to highlight this. I have faced the same puzzlement when I tell people that other apps take a cut. It just doesn't seem to be stated clearly enough.
I have nothing against taking a cut, indeed Iam all for it as app developers need to get funded but I do think that to be taking a 35% cut is taking the piss. It's too high and not sustainable. If you want a large user base you have to be realistic about the numbers and users are not going to be happy with that. Especially when they get a big payout and wonder where over a third of their money has gone.
It shows short termism which in itself does not instill the greatest of confidence.
I tend to agree, but I'm also wondering if they intend to release SMT tokens for those platforms as well. I could imagine that there will eventually be apps that take 100% author rewards and pay out in SMT. I think they would have to be very established and have a loyal community beforehand though.
Yeah, the tokens too would have to have a credible value. I never even thought of that before. Ouchy. It could very well be. i heard that Zappl was intending to issue their own SMT
Good point yeah 35% is a bit too much. Mypoic culture can easily take hold.