In response to a question posted in the Foundation Room about FUD around the 6% marketplace fee and its “risks to the game economy,” Star Atlas CEO, Michael Wagner, replied that “the discussion around these seller fees is largely overblown and will have minimal impact on overall transaction volume or competitiveness.”
Furthermore, he stated that players are ignoring the potential upside. “I think most people are considering this fee as it relates to an initial purchase of an item, but it is substantially less impactful on items earned “for free” while playing the game. Collect a nice piece of loot from gameplay that you don’t need? Sell that on the marketplace for 94%+ margin.”
Wagner also noted that the fee structure is important for generating revenue for ATMTA and the DAO and will make the company less reliant on “new asset sales to maintain operations.”
Wagner: “As you know, for now, ATMTA manages the full Income Statement and Balance Sheet associated with game development, and as such, we have an obligation to generate revenue to support said development.”
Regardless, the Star Atlas team will be monitoring transaction volumes closely to understand the impact fees will have on the game economy.
In response to Wagner’s comments, Kristian Drangel, founder of Interstellar Alliance, had this to say:
“I overall agree with the statement that the fee structure is important for generating revenue for ATMTA and the DAO and will make the company less reliant on “new asset sales to maintain operations.” However, I do think the 6% sales fee may be high, especially when I take under consideration the potential player created taxes in the DACs zones of influence. Personally, I would like as little taxes possible in the IA zone of influence, so we can incentivize trade and mining activities, while maximizing the profit our individual members can make for themselves. From what they said, if they see that the fees are hindering the volume, they will most likely reduce the fee in order to incentivize the trade, but we will have to first wait and see how this model works out.”
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