Unfair badge return protection

[jaunty burrow]

I think everyone experienced this: We decide to purchase a bot badge when it's just released and it turns to be a good investment: it's cheap and it works well...

But one day, suddenly the badge cost is returned because the creator has turned the bot into private, or some accounts has been merged (in case of multi-pass) and when you realize, you go to get it again and the price turned out to be double, tripled or even multiplied x10 the initial investment.

This situation is unfair because a) it escapes from investor's control with bad economic result for him/her and b) it can be used as a bad praxis -to get rid of some holders / or get new specific ones at a cheaper price, including the bot owner.

To prevent this, I consider there should be a "cooldown time", where investors can claim their investment (without any penalty) or wait for a possible action by the creator. In the time the bot is private, ROI would be frozen for investors, making them consider claiming their ShellCoins. If the creator decides to go again public with that bot, the claim option would be revoked and everything will continue as it was before.

[mystic quarry]

Great idea on protecting both parties.

[wise valley]

Actually for b), It is important and needed feature sometimes.

For my Korean bots, most of the people who are owning the badge is not Korean, who won't use the bots for their own sake.
Many non real users (probably airdrop hunters) are buying profitable bots without using them... If allowed, I would kick them out one by one.

Many investors means nothing to the creators. They get no incentive from it. Their only merit is getting the refund fee(5%) when the bot produces less points and people are refunding the badges.

They actually get penalty for many investors. (since creators start from 1 badge, and badge earning is 1/n...) I've been always whining about people who does not contribute a single bit regarding to the bot and just enjoy the fruits from innocent users.

• merging Genesis pass account will not affect the badge owner. (at least in my case)

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I feel "first come first served" + "linear badge price" is not a perfect system. For example, even if Badge A's fair price is 200, the badge price will start from 10 coins... And buying badge at low price (or noticing the bot) is somewhat a privilege.

Still I have not come up with a better idea. Buying / selling part of the the bot's income like a stock market would be an idea but it is hard to manage...

[jaunty burrow]

I proposed this feature due I was kicked off from "Loner Girl Lydia" after getting her in a really good price. I was a bit upset XDDDD

About the badges sold, for investors, the less - the better due this 1/n points granted to everyone. But correct me if I am wrong: Creators receive the 100% generated by the bot, no matter what 🤔 at least, I received the total with my bots... as far as I know.

[wise valley]

the system is like—
10 chat = 40 points for creators+ 40 points for badge owner (including the creator)

[jaunty burrow]

That's it! yes... with the badge part, creator will earn less and less XD so it's better to be a "popular but undervalued" bot

[wise valley]

Anyways... The badge function initially was designed to serve as a community that people loving same bot can communicate, but the community feature got too weak and only mean of investment left. It really does not give creator much merit

That's why I don't think current badge system could be called an "Investing" in creator point of view. Usually investing benefits both sides, and this system does not It is more like betting...

[jaunty burrow]

I think it's great to have threads per each bot... that's one of the main features and allows to establish a direct bridge investor - creator. I like to talk there, but it's true that most of investors are silent people who only want to farm points passively XD

[rain venture]

In our language community, there is a very good idea

After canceling the badge, no penalty will be imposed, but the badge will not be reset either

After canceling the badge, you can get a 100% refund

it's like this idea

[jaunty burrow]

So your language community has a similar badge system like what we have in MyShell?

[upper current]

[mortal inlet]

bro，I like your bot and bought some of your badges, But I'm sorry I can't agree with your point of view.

1. Most investors hold many bot badges, and it is impossible for badge holders to interact with all of these bots frequently. Even the battery is not enough. I own more than 100 bots myself. How can I talk to them all?

2. badge investors are not obligated to chat with your bot. Investment and consumption are parallel and unrelated. Buying badges is like Buying stock shares of a company. If I spend my own money to buy some Samsung stock shares, This does not give Samsung the right to require me to use their products.

3)This does not affect the interests of the bot maker at all. Because no matter how the badge are distributed, the maker already has at least 50% of the output. In fact, the badge rewards given by the team are extra. Before the badge system release, maker did not have this part of income. The badge investor did not steal the maker's income.

4)The bigger problem is that some makers don’t seem to be satisfied with the 50% share. Instead of attracting more users to use their bots, they choose to delist their bots, get rid of other buyers, and use their own mutl-accounts to purchase more of their own low-price badge to gain a larger share. （I won't call names, but we all know who I'm talking about.）This kind of behavior is harmful and damaging to the system.

If all bot makers do this, it will make the badge and investment system completely collapse, turning it into a mining game where the makers themselves mine more tokens.

5）In fact, I think it is more beneficial to the entire system to restrict creators from freely purchasing their own low-price badge in large quantities by delisting bots. A very simple solution is that after the bot is delisted, the badge position will still be retained unless the badge holderchoose to sell it.

[wise valley]

Thanks for your opinion!

Again, as I said the term 'investing' applies only for the buyer's view.

At first, badge system was meant to serve both means of 'supporting' and 'earning interests'. That's why there are forums for all the investors. If you buy Samsung stock, you can speak out at stockholder's meeting for the company's future.

In opposite, badge buying does not give merit at all to the bot maker at all... At least in your point of view. Do they contribute to bot's earning? no. Do they contribute to the bot's ranking? Only for the top TVL, and not for bot's exposed order.

It is contrary with buying stock makes company easier to raise fund and gives company more choices as right issuing. And, if I put it really rough, there is no reason for creators to take care of badge buyers or encourage people to buy badges, opposite from company taking care of shareholders by means like dividends.

For problem 3), I already said it is just wrong as the bot maker gets the first badge. And that's why it leads to problem 4). Creator has no incentive at all to keep their investors.

The keypoint is, current creator-investor relationship is unidirectional. It can't be just forced by giving the creator demerit; Rather, we should find a way to build synergic bidirectional relationship between creator and investors.

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• for 1 and 2), You can contribute to the bot in many ways, even more precious ways than mere chatting numbers. I let people get my first badge in return of sharing my bots periodically. You can give the creator feedback about the bot. Or you can just say "Thanks for creating such a nice bot!". That really helps a lot.