Comment

Comment by landon32

This is a great question. To be completely transparent, we are considering a flat fee because of the reason you stated.

We originally chose a percent fee because it was an industry standard model that many in the carbon offset space expect. However, we're learning that industry standard here does not mean it's the best possible option.

The big reason why a % fee is good is because for small donations (e.g. 25% of someone's footprint) it makes more sense to scale it. A $4 transaction cost on a $2 impact to the project is crazy.

The tricky thing about our cost structure is that currently we do not have enough revenue to cover our overhead expenses, so even if we're ignoring the per transaction cost we need to find a way to cover our overhead (e.g. a place for us to live so we can hack on this all day)

parent landon32 7 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton