2021-07-02 discussion call

During a call on 02 Jul 2021 with the Steering Committee:

It was decided to create a FIP with Option 1 and gather community feedback. Rationale:
- Makes user experience much better as users doesn’t have to worry about expiring addresses.
- Best aligns with the strategy of aggressively growing user base.
- It’s akin to the Fremium model used by many SAAS companies which offers basic features (FIO Address and send using FIO Address) available for free while charging for more advance features (changing mappings, FIO Requests, FIO Data, FIO Domains).
It was acknowledged that elimination of renewal fees on FIO Addresses may reduce income to the chain, but it is also believed that improved user experience would grow the user base faster and therefore increased income from other fees may offset that reduction. If it doesn’t:
- In the future BPs may elect to charge fees for hosting API nodes
- https://fioprotocol.atlassian.net/browse/WP-119 may remove significant amount of content from state anyway which would reduce hosting fees.
In the future the following may also be considered:
- Staking for bundled transactions. A user could stake tokens and elect rewards to be redirected to “buy” new bundled transactions making FIO Address free even for more advance use.

2021-05-17 discussion call

During a call on 17 May 2021 with the Steering Committee:

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