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DecentralandDecentralandby0xBB7B59Afa3A0E5Be143b8fE9C641F00c1ecB9d690xBB7B…9d69

Lowering Wearable Publishing Fee 2024

Voting ended over 1 year agoSucceeded

by 0x87956abc4078a0cc3b89b419928b857b8af826ed (Nacho)

Linked Pre-Proposal

Lowering Wearable Publishing Fee 2024

Summary

This proposal refines the structure of wearable fees in a way that balances economic viability, inclusivity, and sustainability.

Abstract

This proposal revolves around redefining the wearable submission fee, aligning it more closely with our community's ethos and the needs of our growing metaverse. By setting the fee at $20 USD, paid in MANA, and directing a portion of it to curators, the Catalyst network, and the DAO's Grants Program, we can ensure a healthy ecosystem that benefits creators, curators, and the entire Decentraland community.

The fees to curators will be lowered from $30 USD to $10 USD.

The fees to the DAO will be lowered from $60 USD to $10 USD.

This leads to a total fee for creators for each wearable/emote from $100 USD to $20 USD.

Motivation

The initial proposal describes the same motivation:

”By reducing the fee, we increase the likelihood of new users engaging in creative endeavors. Numerous projects are actively integrating with Decentraland. We need to establish incentives to entice these newcomers into releasing wearables as well.”

The initial proposal was $100 USD, and we are now aiming to lower it to $20 USD. This number continues to be both straightforward and easily divisible among the DAO, Curators, and Catalyst, providing a smooth transition.

Specification

Fixed USD Price, Paid in MANA: The proposed fee is $20 USD. It will be in USD, payable in MANA. This approach removes the concerns around crypto price volatility while offering creators a stable pricing point.

Curator Compensation: $20 USD of the fee will be dedicated to compensating curators. This compensation aligns with their responsibilities and recognizes the importance of their role in maintaining quality and integrity.

DAO Investment in Growth: $10 USD will be allocated to the Decentraland DAO. This commitment reflects our dedication to fostering innovation, development, and the overall expansion of our metaverse.

Catalyst Network Support: To sustain the Catalyst network, fees used for primary sales will be directed towards supporting the hosting and storage expenses with a max cap of $10 USD per asset to keep the previous fee. The DAO must be in charge of computing the fees and distribute them accordingly. This ensures our platform's stability and reliability.

Conclusion

“By reshaping the wearable submission fee structure, we empower creators, acknowledge curators, bolster the Catalyst network, and fuel the growth of our metaverse through the DAO's initiatives. This proposal reflects our community's collective aspirations and acknowledges the collaborative efforts that make Decentraland extraordinary.”

From a fee of $20 USD, the distribution will be a rate of $10 USD for each wearable under review. $10 USD back to the DAO & primary sales fees to the catalyst with a max cap of $10 USD.

It would be ideal to meet with the curators committee in 3 months to review how this is going in terms of creations, quality and DAO fees.

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp

Off-Chain Vote

yes
208.7K VP21.2%
no
632.9K VP64.1%
abstain
145.01K VP14.7%
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Timeline

Aug 01, 2024Proposal created
Aug 01, 2024Proposal vote started
Aug 08, 2024Proposal vote ended
Aug 08, 2024Proposal updated