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Excalibur
@pitapit
What would be a good entry fee for a skill based game with leaderboard and prizes each day? Was looking into 0.1 USDC but feels to low to make it a flywheel Now looking into Dynamic entry price based on metrics from game interaction any suggestions? @ok any points from the ballon experiment you have deployed?
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Andrew Jiang
@ok
My learning was that at even $1, it’s hard to get enough to make it sustainable. I think mini apps have to find revenue elsewhere, likely in sponsorships / attention based revenue
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Excalibur
@pitapit
Thanks for the comment, What was the most costly thing you paid for? if you willing to share of course Currently my expenses go like 1. domain name - 3$ for the first year 2. vps - around 5$ at contabo 3. neyar api - 9$ ill maintain the postgres instance + the application ci/cd (hopefully that will reduce some costs)
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Andrew Jiang
@ok
Digital Ocean and Neynar, so same Not crazy costs, just hard to find sustainable revenue
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Excalibur
@pitapit
I just built some Escrow contract for prize pool and the game is sort of skill based, leaderboard is score based. ill get 33% of entry fees the prize pool will get 67% from the entry fee. So the drive is to be on top to get some portion of the prize pool The prize pool will be distributed to top3 players Lets see how it plays...
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