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For each project listed, are 100% of profits distributed through app coins? Or does the owner of the project decide what percent of profits to share with the a
by jonaldomo 12y ago
For each project listed, are 100% of profits distributed through app coins? Or does the owner of the project decide what percent of profits to share with the assembly community. It would be nice to see what this percentage is.
- awwstn 12y agoYes – 100% of profits are distributed to the community based on App Coins. The person who initially submits the product has ownership just like everyone else, and gets paid that way.
- jonaldomo 12y agoI think its a cool idea, I am just thinking about how to prevent from getting taken advantage of. Couldn't the project owner up his earning package as the business gets successful which in turn decreases profit that would be paid out? (Thanks for the 689 coins just now!)
- awwstn 12y agoGlad you think it's a cool idea! A few things: The product doesn't have an "owner", and nobody has an earning package. So a user could create large bounties and award them to him/her self (thus increasing his/her share of the profits), but that would make the community less motivated to work with that person, and anyone in the community can weigh in on what a bounty should be worth, so the community is able to protect itself from bad behavior. Also, most products end up with multiple core team members, so typically the additional authority of the Core Team doesn't lie on one person.
- debacle 12y agohttps://assembly.com/help/revenue#how-do-i-earn-income-from-assembly https://assembly.com/help/revenue#how-do-i-earn-income-from-... Notable, from the next question: > Additionally, most products have “tip contract.” The default tip contract is that 5% of all new coins are tipped to the Core Team, and 5% are tipped to the bounty author.