dApps with 0% fee - scams or real? - page 2.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: weidex on September 30, 2019, 08:06:29 AM

How do you react when you come across a project saying that it is not charging any fee, e.g. a swap or a DEX which does not collect any fees. Do you take it as an advantage or it does not look serious enough to you?

First thing to do normally is to ask why they are not charging any fee. I'm pretty sure they have a support system in place for curious people like you and me. Ask more if you are still in doubt if they can actually sustain a fee-less platform. If you can't immediately get a response from support, then there's the website to read more about their business (whitepaper for example).

Nivia1st

full member

Activity: 821

Merit: 100

Volare.network

Quote from: funchiestz on September 30, 2019, 09:33:44 AM

Quote from: weidex on September 30, 2019, 08:06:29 AM

How do you react when you come across a project saying that it is not charging any fee, e.g. a swap or a DEX which does not collect any fees. Do you take it as an advantage or it does not look serious enough to you?

In EOS Dapps this app is always there. EOS transactions only use CPU and RAM for the first transaction. Subsequent transactions do not charge any fees.

yes you're right, but still I'm not 100% free. we have to pay even if it's just once.
and I don't think there will be a really big platform, you know how they can work if it's not profitable?. but if there is a platform like that, I want to try it someday.

alexforneus

jr. member

Activity: 140

Merit: 2

If there are absolutly no other ways of monetasation - scam

funchiestz

sr. member

Activity: 1134

Merit: 342

Quote from: weidex on September 30, 2019, 08:06:29 AM

How do you react when you come across a project saying that it is not charging any fee, e.g. a swap or a DEX which does not collect any fees. Do you take it as an advantage or it does not look serious enough to you?

In EOS Dapps this app is always there. EOS transactions only use CPU and RAM for the first transaction. Subsequent transactions do not charge any fees.

kidbounty

full member

Activity: 1064

Merit: 101

HELENA

if that's possible, why not?
Is not a lot of people who want this, cheap and fast costs are things that everyone wants. if there is a platform that can offer both of these things it will definitely be extraordinary.

confreslamp

copper member

Activity: 280

Merit: 1

CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM

It is impossible to keep project functioning without taking a fee. Even the simplest decentralised exchange Forkdelta has launched a funding method, because the operational costs are above 1k USD per month, so it is very unrealistic.

DaMut

sr. member

Activity: 1274

Merit: 263

It depends on the situation if they are charging for 0% fee on their DEX for the first month or for a certain length of time. I will take it as an advantage, usually, they are using it as a form of promotional. I have seen a few DEX doing this before, so it is not surprising to me. But if they are aiming to be 0% DEX, I will just take it as bullshit.
unless they have a way to get revenue to maintain their DEX without using DEX fee as their base which is absolutely unreasonable for them to do that.

weidex

jr. member

Activity: 243

Merit: 1

What if there is a short promo period at the beginning without fee and then the project introduces some. Or better settle the rules from the beginning?

Greatchu

member

Activity: 490

Merit: 10

Quote from: weidex on September 30, 2019, 08:06:29 AM

How do you react when you come across a project saying that it is not charging any fee, e.g. a swap or a DEX which does not collect any fees. Do you take it as an advantage or it does not look serious enough to you?

Few projects claim to have this implemented in their project and i haven't invest a penny on any of them but i am just curious about how they will manage to stay alive when there is nothing they are generating income from, many projects are dead because of funds issue

weidex

jr. member

Activity: 243

Merit: 1

How do you react when you come across a project saying that it is not charging any fee, e.g. a swap or a DEX which does not collect any fees. Do you take it as an advantage or it does not look serious enough to you?

Topic: dApps with 0% fee - scams or real? - page 2. (Read 249 times)