Author Topic: REDUCE CREATE ASSET FEES  (Read 1349 times)

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Offline abit

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Moved the issue about asset creation fee in github: https://github.com/bitshares/committee-tools/issues/16
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Offline chigbolu

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Currently Create asset fees have been increased by a whopping 1000%
This pose a problem for small businesses and entrepreneurs who would love to create low risk tokens for projects or non-profit tokens for giveaways and memes. The solution of creating a one stop Token with subsequent price reduction for multiple.token is not enough.

Since the fee increase was as a result of the abuse of the low fee entry by rogue miscreants and fraudulent entities, I suggest that;

The fees be reduced at least back to the previous amounts for Lifetime members especially the longer Symbols option.
*** Asset creation fees
Longer Symbols: Lifetime Members 2413BTS/ Basic members 24130BTS***
Or completely scrap the asset specific features for basic member and make it exclusive for LTMs
Or create a above 10 or more symbol option that is cheaper
The asset create feature is a very important part of the BTS platform that gives it a competitive edge as a well known DEX in the cryptosphere, I appeal to the committee and those in charge to review urgently this fee increase and take appropriate corrective measures before the next core release scheduled in June.