08-25-2021, 08:19 PM
Thanks, the open source thing is a little scary, it's a concept I can't quite wrap my head around. I can understand it if a person is in a position they don't need income but for me I'm not able to work 1,000's of hours for nothing, I know it sounds greedy but food is kind of important. Honestly I'm not very happy with the situation today, I always feel a level of guilt because I'm willing to bet I've made more money off reef-pi than Ranjib along with others and IMO that's just not right, one day I really hope I can do something for Ranjib as he's really the only reason I'm still around. This is a major reason I've been working on the app the last year, to get ride of the guilt.
When I started this journey lots were hoping it would be open source but I choose to sell it standalone for $20 as I was worried nobody would buy anything from me and I wouldn't be able to continue. After a few months I stopped offering the software standalone because I wasn't selling any controllers as I feared. It was cheaper for people to just load up some Arduinos and DIY things. With that said I also know people who choose not to buy because it wasn't open source.
I worry about this again, the idea of the software is to increase sales because how things are today isn't sustainable, with other things I do I work 60+ hours a week to make this work because I love doing it and I am getting closer to having this pay all the bills, if I can get some marketing that would really help, I'm hoping the app will give me some good material. I feel better today about open source as the controller is affordable and better now so I'll see what happens, maybe I'm worried about nothing.
I am trying to come up with methods to monetize the app, I added a page at the end of the initial setup wizard for people to donate if they like via Paypal or crypto and toying with the idea of setting up something like a Patreon where people can donate a few dollars a month which would get them weekly updates or whatever, the rest of the world would get the update a month or two down the road. Of course anyone who owns the controller this wouldn't apply but I don't know maybe not a good idea.
I also have a wild idea floating around my head I kind of want to do in the near future for the fun of it. Create a Robo-Tank crypto token on the Binance blockchain, when someone buys a controller they get free tokens which I transfer to their wallet in the form of locked liquidity for a select period, maybe 3-5% of sale. This would cause the price of the token to rise with every controller sold and the pot would have a year to build with no one able to withdrawal. The buyer could then cash out their tokens when the lock comes off and ideally it goes up enough to get at least the money they spent on controller back. With everything locked for the same period there would never be a complete cash out keeping price stable, volume of sales would determine price. Of course whales are welcome so maybe you get lucky haha, anyone will be able to buy tokens just as an investment. For each transaction there would be a fee that allocates a percentage to a marketing and developing wallet and a percentage goes to all the wallets of holders driving up their balance. Doing this actually wouldn't be that difficult, coming up with a model for price prediction based on estimated sales would be the difficult thing. For example what if 300, 500, 1000 controllers were sold in the year what would 3-5% of liquidity put the price at. Am I going crazy or does this sound like it might work and be fun?
When I started this journey lots were hoping it would be open source but I choose to sell it standalone for $20 as I was worried nobody would buy anything from me and I wouldn't be able to continue. After a few months I stopped offering the software standalone because I wasn't selling any controllers as I feared. It was cheaper for people to just load up some Arduinos and DIY things. With that said I also know people who choose not to buy because it wasn't open source.
I worry about this again, the idea of the software is to increase sales because how things are today isn't sustainable, with other things I do I work 60+ hours a week to make this work because I love doing it and I am getting closer to having this pay all the bills, if I can get some marketing that would really help, I'm hoping the app will give me some good material. I feel better today about open source as the controller is affordable and better now so I'll see what happens, maybe I'm worried about nothing.
I am trying to come up with methods to monetize the app, I added a page at the end of the initial setup wizard for people to donate if they like via Paypal or crypto and toying with the idea of setting up something like a Patreon where people can donate a few dollars a month which would get them weekly updates or whatever, the rest of the world would get the update a month or two down the road. Of course anyone who owns the controller this wouldn't apply but I don't know maybe not a good idea.
I also have a wild idea floating around my head I kind of want to do in the near future for the fun of it. Create a Robo-Tank crypto token on the Binance blockchain, when someone buys a controller they get free tokens which I transfer to their wallet in the form of locked liquidity for a select period, maybe 3-5% of sale. This would cause the price of the token to rise with every controller sold and the pot would have a year to build with no one able to withdrawal. The buyer could then cash out their tokens when the lock comes off and ideally it goes up enough to get at least the money they spent on controller back. With everything locked for the same period there would never be a complete cash out keeping price stable, volume of sales would determine price. Of course whales are welcome so maybe you get lucky haha, anyone will be able to buy tokens just as an investment. For each transaction there would be a fee that allocates a percentage to a marketing and developing wallet and a percentage goes to all the wallets of holders driving up their balance. Doing this actually wouldn't be that difficult, coming up with a model for price prediction based on estimated sales would be the difficult thing. For example what if 300, 500, 1000 controllers were sold in the year what would 3-5% of liquidity put the price at. Am I going crazy or does this sound like it might work and be fun?
