Comment by nerptastic
18 hours ago
Well - I think the writing was on the wall when they announced they were going to be for-profit. Slippery slope and all that, but I’m sure some of this is because they’ve been giving out free tokens for years.
18 hours ago
Well - I think the writing was on the wall when they announced they were going to be for-profit. Slippery slope and all that, but I’m sure some of this is because they’ve been giving out free tokens for years.
Even as a not for profit they would need cashflow.
Yes but they would only need enough to keep the lights on and pay the engineers.
When you're a for-profit company, especially a public one (which I believe they're looking to be soon), you can't just maintain homeostasis. Your investors want growth every quarter.
Conceivably if they stayed non-profit then they could charge just enough to maintain the project, and they wouldn't necessarily have to have ads.