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I see some of you doing all these formulas and other methods to figure out core time pricing. But maybe you should look at it differently. Think in a business perspective&hellip;Dot is NOT the only blockchain out there there are tons of them and they are all competing and all of them have a suite of similar products. How do new businesses typically lure new customers in amidst all the competition? They incentivise!!! Core time price should imho undercut the cost of whatever it costs to establish your average L1 on any of the popular platforms. On top of that there should be discounts for projects that buy in bulk. Maybe even free technical assistance in getting setup. THIS WILL BRING PRODUCTS TO POLKADOT!!! Not releated to Coretime but dot holders NEED to be incentivised as well&hellip;staking alone isn&rsquo;t enough. Projects should be encouraged to do air drops&hellip;solana, avalanche, cosmos etc. are killing dot because of all those airdrops and incentives. While dot still sitting on it&rsquo;s hands and watching the marketcap get smaller and smaller. Heck maybe projects could get a discount on coretime if they agree to airdrop dot holders. But something NEEDS to change to get Polkadot back on track!!!
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I can't find the old thread I created and my account was deleted for some reason. Was the costs ever established? and if not, I had a little to add to the conversation.
Does anyone know the median cost to establish a L1 Blockchain on Polkadot's biggest sompetitors by marketcap? Ethereum, Binance Chain, Cardano, Solana, Avalanche? Imho whatever that is......Dot coretime fees should undercut it and longer coretime purchases should get small discount.
Why not act like a hungry startup business that's luring customers in?
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coretime costs

Problem Statement:
- How can Polkadot attract new businesses and incentivize dot holders amidst competition from other blockchain platforms?

Significance:
- Incentivizing new businesses and dot holders is crucial to bring products to Polkadot and increase its market cap.

Proposed Solution:
- Offer core time pricing that is lower than the cost of establishing an average L1 on popular platforms, with discounts for bulk purchases and free technical assistance for setup. Encourage projects to do airdrops and offer discounts on core time for projects that agree to airdrop dot holders.

Expected Outcomes:
- Attract new businesses to Polkadot, increase dot holder incentives, and improve Polkadot's market cap.

#2137 coretime costs

No Active Proposals