Beyond stretch goals, mega D1sk weight

[shell creek]

I was thinking of making mega D1sk count for 5 or 6 standard D1sk in relation to the stretch goals.

It feels less exciting buying tier 0’s after wave 1, and a big part of me buying more D1sk last time was the stretch goals, but those aren’t incentivising the purchase of mega D1sk. Therefore I think the sale could be boosted by this ‘upgrade’ on top of everything else (I know)

[tender carbon]

As far as I understand, the council already thinks we are selling too much Mega D1SKs, and therefore we raised the price multiplier from 5x to 6x. Not sure we want to incentivise more Mega buying because that would mean Mega will be even more expensive next time around I guess.

[inner bluff]

Who in the council has said we’ve sold too many Mega disks?

The way I see it, if they raised the multiplier is bc they think Mega buyers (mostly wales and hardcore collectors) are not as price sensitive as Standar buyers and more sILV2/eth will be burnt/gathered with a 6x multiplier.

(I’m asking bc I know you’ve been vocal in other Beyond ICCPs and I have not read everything in detail. Also, this was not discussed in the town hall)

I’m all for incentivizing the sale of Megas and I like the idea.

[silver igloo]

I'm generally in favour of this approach. It's strange to me that, for the purposes of stretch goals, an Alpha Mega d1sk selling for 0.054 ETH counts as 1 D1SK, while a non-Alpha Standard d1sk selling for 0.003 ETH (about 5.6% of the price) also counts for 1 D1SK.

The general idea would be to have a single D1SK for the purpose of stretch goals to be standardized around a baseline of 0.003 ETH, with Megas counting for 6 D1SKS, Alpha Standards counting for 2 D1SKS, and Alpha Megas counting for 18 D1SKS. Is that correct?

[shell creek]

This was my thinking too. Just didn’t want to complicate the issue by bringing Alpha into it

[silver igloo]

Literally no one said that we were selling too many Mega D1SKS, it's a gross over simplification of the discussion around pricing, mega threshold and ratio of standard to mega pricing and sales.

[silver igloo]

I'll check if this is possible, I know we're going to be tight on any additional changes for Wave 2, but I do think this is a positive change, and IMO is completely fair. It's strange that the best strategy to chase stretch goals is to just buy lots and lots of standard d1sks, and isn't something we really get value out of as a DAO.

[tender carbon]

As far as I understand the new pricing is based on amount of sales regular/alpha. That’s why there is 6x now. That has also been compensated other ways with accessories and backgrounds and odds etc.

But we still have the 9x on Alpha for what there is no other explanation apart from us wanting to sell less Mega and more Regular Alpha D1SKs.

But that is not the topic of this proposal so I don’t want to go into that any more as that is not changing.

Back on topic. I agree with idea Blickter suggested and I think it’s a fair one. Mega D1SK should be worth more in terms of goals.

[gilded harness]

This seems like a simple way to determine the amount of d1sks for the stretch goals, but would be a bit confusing if it says 0 / 100 d1sks then you buy 20 megas and not it reads 100 /100

The thresholds could maybe be $$ / ETH spent to towards the total counter instead?

[tiny pebble]

What were the stretch goals from the first wave, if they existed? Are there any ideas as to what these would entail?

[shell creek]

I dislike the idea of making it explicit that it’s based of dollars. Seems cash grabby

[tiny pebble]

The entirety of Beyond feels cash grabby, lets be real now

[stone meadow]

This is a great idea! 👍

[gilded harness]

I agree - perhaps the point system is best, not quantity of d1sks

[shell creek]

@winter girder Just in case you haven't seen this thread. 🙂

[winter girder]

Reading

We had always intended for 1 D1SK to = 1 D1SK (as it exists today).

I'm not apposed to this change, it's certainly something we can look at for Set 1 Wave 3 if this passes voting and council.

[gilded harness]

@shell creek since we are transitioning to the #1126838877429182506 for formal IIPs/ICCPs, would you like assistance from CSC to write a formal IIP for this change proposition?

As Nick mentioned, it is too late for Wave 2 due to deadlines and wanting to avoid delays.

But this could be something to consider for Wave 3 if Community Sentiment gets reached (25 x 👍)

Kindly let us know - tagging myself, or Anyone from CSC or even "@ Community Subcouncil" 😀

[burnt portal]

Maybe we could change the a multiplier for standards that count towards stretch goals

[brittle relic]

I think this needs a bump with this overwhelming support and sale inbound.

[tender carbon]

Nick said this is something that can be talked about for Wave 3, so I guess there is no rush...

[brittle relic]

I guess if goals are planned accordingly for wave 2 there is no need to hurry.

[shell creek]

Thanks Ricky. It wasn’t meant to be an IIP. Just input for CC and getting a community sentiment.

[fast saffron]

Ah damn we have to wait for wave 3 on this.
Here's hoping it gets set to wave 3.

Now I have to make the decision if I want to load up on all standards which I didn't want to do :/

[shell creek]

Same

[untold forge]

just load up on mega's and spend 6x as much. no biggie 😄 we'll take the revdis!

[blissful sonnet]

yeah im a fan of megas cause i want to get a good balance of illuvitars and not just t1s and t2s and maybe some higher ones and i feel like megas are better for that but if i dont get the same rewards for spending the exact same amount of money feels like a huge punishment especially with the new wave 2 rewards, youre just leaving so much money on the table if you go for megas instead of standards. hope this gets changed soon

[shell creek]

From what I gather this is the overwhelming sentiment in the community

[blissful sonnet]

i bet it is, not really sure what to do now... go for standards just for the goals and get a lot of crap or go for megas and just get 1/5 of the rewards from the goals... guess i need to mix it up a bit

[shell creek]

I think my strategy will be standards and buy the rarer Illuvitars of the market. It doesn’t feel great though.

[lament crest]

Happy someone posted this proposal. Could not be more in favour of this!

Being penalised for spending more is a terrible value proposition.
I also hope the reward structure gets nuked next wave.

We're practically giving standard disks away for free (factoring in rewards), whilst pre-diluting the wave 3 market.
These (practically free) illuvitars are flooding the secondary market, making them all a race to the bottom.

With the rinse repeat cycling of the standard disks, thus causing the after market to practically collapse (only going to get worse), this is making purchasing mega disks and even worse proposition, as the value obtained from opening them is being driven down constantly.

This needs a serious rethink before the next wave.

[open echo]

If we plan to do this then what will happen to wave 1 goals count? It didn't consider 1 megad1sk -> 5/6 count.

[oak bronze]

Neither did it happen for this wave 2... What's in the past it's in the past. Can we stop asking for past compensations and focus on the future?

[open echo]

I thought we are planning to change for wave 2 so asked but i am ok if its for future waves

[shell creek]

How will this work with new government structure? Seems most people like the idea

[digital night]

Should still follow the same process. Maybe <@&1107754780744487002> can help you with the proposal.

The caveat here is that it may not be implemented within a time-frame you prefer as the team is focused on open beta.

It might be best to bring this up again after? But that's just a timing issue.

[shell creek]

I see. So this will have to wait until new structure is in place? Thought it was something the team could just take as valid feedback and change accordingly

[digital night]

They can for sure. But from what I hear is that their bandwidth is limited and this wouldn't be high in the totem pole. But I leave that for @winter girder to answer properly.

Just giving you insights on the type of discussions we get for things like this to manage some expectations

[shell creek]

Thank you.

[severe elk]

I wouldn’t mind helping you write this up if you’d like?

[shell creek]

Would love it. ❤️ let’s just hear Nicks comments before taking further action

[severe elk]

Np ser obv love the idea 👍

[winter girder]

Hey @shell creek @severe elk no issues in making this change. Provided the proposal passes we would aim to implement for Beyond: Wave 3 onward.

[shell creek]

Aight, thanks. @severe elk seems we need a proposal to go through the councils. Would love your help writing it up. 🙌🏻