BFIP-01 Decrease in-game battle fees

Summary

Historically, BattleFly DAO has utilized a 10% battle fee. The community has raised concerns that this battle fee % is higher than expected and likely to impact user retention. We anticipate that reducing this fee will have a net positive impact on BattleFly DAO.

This TIP proposes that BattleFly DAO formalizes the reduction of battle fees from 10% down to 5%.

Rationale

Excessive fees can be extractive from players, leading to increased churn. BattleFly DAO wants to prioritize the player experience and improve retention as much as possible.

Expected Impact:

• ⬆️ % of ROI positive BattleFlys & avg. return per BattleFly
• ⬆️ # of battles per day
• ⬆️ player retention & avg. lifespan
• ⬇️ revenue per battle

Concerns addressed

What’s the financial impact? Will BattleFly DAO generate less from Battles?

• The DAO will generate less revenue per battle, although the expected increase in player retention and number of battles should help offset this.

Why 5%? Why not 0%?

• Retaining battle fees as a source of revenue is important to maintain a healthy treasury balance and fund continued development.

Proposal

Formalize the change from a 10% total fee per battle to a 5% total fee per battle.

Indicative Poll

For: Approve BFIP-01 Against: Reject and reconsider