Context

This proposal is part of a quatuor of snapshot votes paving the fundamentals of the V2 go-to-market.

• Launchpad accessibility
• Fees
• Collection supply limitation
• Deploying on Arbitrum

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• Complete proposal: https://docs.google.com/document/d/1FQN3FSi9b_U51PeUM3vaF0SlaHQpJ4hz4Or1PIi_1DE/edit
• Discord discussion: https://discord.gg/J9UJr2tJec

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Product outline

This proposal aims to define the fee model associated with the V2 release. Note that they are costs, defined in the following paragraph, associated with the Nil maintenance + collections support.

Product costs

Cost for creators dropping on Nil V2 When dropping on Nil, the creators have to support variable costs based on its collection total supply. Please see the Minting math estimations here.

In a nutshell, for a collection of 100 pieces, the creator will have to pay on average: $0.055 Bundlr fees $0.32 for AWS 0.02 ETH

At the moment, these expenses are paid by the V2 contributors. Those offer to cover these costs for a limited number of collections, offering time for the DAO to implement the product changes necessary to make the creators responsible for paying this cost.

Costs for underlying DAO expenses

Costs can be covered by V2 contributors for a lapse of time of 3 months, giving the DAO the time needed to find a sustainable way to cover those expenses. These fixed monthly payments are: $100 for running a node on Infura $5 per month on Cloudflare $100 for baseline AWS cost

Service Fees

Note that ETH is the currency used on the Nil launchpad. Any fee will be held by a new multisig to be voted on before launch.

1. 0% fees

Pros:

• Low friction for creators

Cons:

• No revenue
• No way to ensure that we can sustain the development
• Higher potential for the platform’s overall experience to reduce the quality

2. 4% fees

Pros:

• Revenue generated to make the project more sustainable

Cons:

• Can reduce interest from creators
• Increases responsibilities from the community and future contributors

3. In-between

• A mix of the pro and cons mentioned above

What should be the fee levels on the launchpad?

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After extensive discussion, most of the community members agreed on charging fees for the DAO to generate revenues and finance development. The exact number needs yet to be voted.