The problem
AMAs are too cheap right now. The pricing was first defined by CCIP 043 but then other CCIPs were voted and the calculation changed. You can find the current calculation here. In the past weeks, the price for an event on r/CryptoCurrency has been oscillating between 500-600 Moons ($140-$210 depending on Moons price)
The calculation should be tweaked to better reflect the value of an AMA pinned on a sub that has a traffic of around 100k people daily, where the audience is catered perfectly for the people organizing the event.
In the recent months, there has been a few events per month, so there is some demand for them right now despite a lower traffic during this bear market.
The solution
Double the current calculation. It keeps the important aspects of the original calculation by having the price tied to the sub's traffic and Moons' price.
The new calculation would be:
daily traffic average over the last seven days/ (650* average Moons price over the last 7 days) rounded up to the nearest 100, multiplied by two.
The price of an event with this calculation at the time of writing this post would be 1200 Moons (close to $350).
Pros:
- Events are priced at a fairer value given the traffic of the subreddit.
- More Moons are burnt in the process
- This calculation does not impact the pricing of the banner, as it can keep a multiplier of 3 whilst events get a multiplier of 2.
- By staying tied to the sub's traffic, the pricing should remain adequate since it means that a higher event price is caused by a higher traffic, so more people to see and participate in the event.
Cons
- The new pricing might be too expensive for some people looking into organizing an event on the subreddit.
- Some might argue that the price would still be too low.
-Poll by u/MaeronTargaryen
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