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Network fee 3% is it reasonable? #43

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alitarraf opened this issue Mar 24, 2022 · 0 comments
Open

Network fee 3% is it reasonable? #43

alitarraf opened this issue Mar 24, 2022 · 0 comments

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@alitarraf
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Page 35, is the 3 % fee reasonable? How did we arrive at that number?

Thinking of small to medium business that might become a colony DAO will this fee sound reasonable to them? If we think about a dao colony as a digital administration and finance/accounting service for the firm, how does 3% compare to what businesses are paying for those services? Assuming, colony replace 50% of these traditional services, and they usually cost 10% of firm revenues, incremental value created for the firm is a saving of 2%.

Since this number is critical to attract and onboard businesses, you are asking for a 3% paycut on each employee paycheque, i would love to see more in depth analysis about the economics for the dao business.

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