P-017 ACCEPTED: Stop Execution P-16 Price Changes

Thank you for understanding! What are the next steps now? Are we moving forward with the XTZ/USD adaptive pricing outlined in “Price Structure Future Proofing”?

Personally, I will support approaches that balance the financial needs of the project team with the realities of the secondary market, general interest, and current activity. The focus should be on increasing the number of users and renewed domains. Going from $0.70 to $2 seems reasonable, in my opinion. Additionally, lowering the price for 3D and 4D domains could help increase their usage.

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Confirming Results for P-017

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I do have a last remark.

… make sure you have your facts straight.

I suggest to get your act together and start thinking. As a CM and delegate who is using a name which is not tied to the core feature of Tezos Domains: change your public name! You can’t expect regular users to read everything that is being posted.

Look at snorlax, I instantly know this is snorlax.tez, even showing pride in carrying that name. You should have checked primate.tez before using “Primate” as a name when you started as a community manager and delegate.

Why didn’t you offer to buy primate.tez. I can’t imagine somebody would not give it away for free considering your position. However, given the substantial amount of Tez you received from community proceeds, acquiring it should pose no financial challenge.

The choice for Primate and not controlling primate.tez hints at that these TED names are evidently not that important. Why would anybody pour their hard-earned money into Tezos Domains when even the CM doesn’t bother with picking and using the right names.

As for professionalism, your response to our previous discussion: it was dismissive and evasive. Here’s what you said:

After further contemplation, I feel compelled to change my vote to PROCEED with P-016. … This last-minute change in direction is deeply unsettling and less than useful.

You completely ignored my arguments by sidestepping them, instead responding to a trivial comment about your inconsistency. I made it clear that your flip-flopping was disconcerting, and frankly, it still is. It shows you don’t think through your decisions; an alarming trait for someone entrusted with a critical vote.

The margin for error is almost zero. There’s one bull market to capitalize on, followed by years of bearish stagnation. A misstep now could irreparably damage the project.

Your “thank goodness” remark — where you celebrated the ability to change your vote — was irrelevant to the debate. If it wasn’t about my post, why mention it? Stop derailing discussions with self-congratulatory asides.

Then there’s this gem:

Serving users who are not speculators above serving name speculators and flippers. As a name speculator myself…

This is hypocritical and absurd. Tezos Domains should serve everyone equally, without moral judgment. Speculators are integral to these ecosystems — they understand the market dynamics that drive adoption and growth. NFTs didn’t explode because they’re “rare and valuable”; they did because the market dictated their worth. Who are you to sit in judgment of user intent? Your narrow view betrays a lack of understanding of the ecosystem you’re supposed to support.

Your repeated vote reversals are indefensible. You claimed to have “further contemplated” your initial decision, only to flip-flop yet again. This pattern suggests difficulty in forming an independent, resolute stance. Why do you hold such a significant vote if you can’t maintain a clear, reasoned position?

As for P-016: this proposal blatantly endorses coercion and blackmail, exploiting users through “loss aversion” psychology. Have you even considered the legal ramifications of such a strategy? This reeks of unethical behavior — manipulating cognitive biases to trap users is indefensible. Do you want to risk associating this project with behavior reminiscent of Martin Shkreli’s disgrace? If you’re too blind to see the risks here: get the fuck out! This is grossly irresponsible and potentially illegal.

Again, P-016 doesn’t mention OR indicate “loss aversion”. Also to say that P-016 is endorsing coercion & blackmail is a bold statement and pretty laughable to be honest. please read P-016 before making these types of statements.

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I dont always own TheoWayne.tez either.

theowayne.tez
theodorwayne.tez
theo.tez
wayne.tez
the new TW.tez

This doesn’t even include my businesses. What am I to do?

Make sure I own every variation of my name? Ill be happy too if you pay for it Noor, or the team just gets them free. Can the team get them free? :grin:

Also his name is Primate411 so

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Yes, as the “Marketing Manager” you should own theowayne.tez.. It would have cost 60 cents to register it. You can still register it because it has not been registered yet.

Your “businesses” have nothing to do with Tezos Domains. So no, it is not unreasonable to expect team members to attempt to get hold of the .tez handle of the name they use publicly on this platform.

No, he is not using Primate411 as a name publicly, he uses Primate. You are Quoting out of context - Wikipedia and are taking the easy route by purposefully misattributing what I am saying.

Your reading comprehension seems low. Try to improve it. You can start here: Straw man - Wikipedia.

There is no “edit post” option after a while, but earlier on I already told you that I was referring to the [P-017 ACCEPTED: Stop Execution P-16 Price Changes - #5 by Noor] draft based on P-016.

Responding by addressing a minor inconsistency while ignoring the core arguments presented in my posts is neither constructive nor substantive. Simply dismissing concerns as a “bold statement” does not engage with the actual issues raised. It merely exposes weak reasoning skills.

If this project is going to be successful, continuing the current path will come to bite you back in the ass. I would tread more carefully with publicly posting these dubious motivations. Consider, and talk about these things all you want, I’d rather not see you do it, but don’t put it in a formal public proposal on the Internet.

To sum it up: the treasury (Tezos Domains Treasury Actual - Google Sheets) contains more than enough to cover for costs. When called out on an unnecessary price increase and a dubious draft the CM and SoG are side-stepping actual arguments out of sheer inconvenience, the MM has difficulties grasping what was written, and the “Researcher” is publicly posting fairly dubious motivations for a price hike to 6.25 XTZ.

You have a serious issue at hand. I am trying to persuade you that Tezos Domains is currently heading in the wrong direction by failing to prioritize its users. What foolish proposal is up next? The way you look at things is wrong. Users have to come first!

We all can agree that $0.60 may no longer suffice given the current number of registrations. This shortfall is tied to several factors: the declining number of registrations, the significantly worsening position of Tezos, and substantial team expenses, particularly in salary payouts.

Additionally, there are fees associated with registering and selling names. One potential solution could be to slightly increase these fees as a complement to implementing a fixed registration price in USDT. However, it’s crucial to approach these changes carefully. Adjustments should only be made once Tezos Domains has built a sufficiently large user base, ensuring that any potential loss of users due to price increases won’t have a significant impact.

Tezos as an entity will survive. The asset balance is only increasing YoY, but as a blockchain it is no certainty it will attract and retain enough users. We have all seen Tezos getting hit badly in the last bear market. Tezos seems to be losing the fight.

For Tezos Domains the case is much worse. The registrations are plummeting, ridiculous price increases while finances are not short, many users have left in droves, and on top of it: a market maker is the only one substantially trading $TED trying to dump on naive traders.

Bury your head in the sand or hide behind the current bull trend, but Tezos Domains is toast if you don’t change your ways. There has to be a miracle to save this project.

I am working on an alternative of Tezos Domains as a backup if all goes to shit. I am not responding at P-017 anymore.

Good luck, you are going to need it. Do better.

Why don’t you re read what I typed. Read it slow. I’m not the one missing the point. :+1:

“Publicly” primate goes by BakingBenjemins which he does own. He also owns Primate411.tez which is his actual handle.

So I’ll ask it again, how many VARIATIONS should he own before he pleases YOU specifically?

You’re making it sound like the original Author of P-016 is to blame for the mentions of ‘loss aversion’ & calling it blackmail etc, when you should be referencing the draft mentioned here. Not P-016, hence why I found it pretty absurd you accusing P-016 of inducing coercion & blackmail when it’s really not. There’s no reasoning skills needed when you’re talking about the wrong proposal, you need to be more clear what you’re actually talking about when you are making bold statements.

Everyone has had their time for input on their opinions on what pricing should be months ago(in relation to P-016) nobody really gave their in-depth views with due-diligence the only one able to be pushed to Vote was the original 3000/650/75/18/3 from Primate. Then Kevin came along after the proposal was accepted for 3000/650/75/18/3 to build on P-016 and change it to 5C being increased over time in increments up to 6.25 XTZ.

A future proposal will be posted with opinions on pricing options and as this is clearly a big talking point, we’re expecting those who complain about the price increase to talk about it when the new proposal comes out.

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