Gov/en/Portal:R&D/Open-Calls:Cashout-Policy: Difference between revisions
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New open call (wave 2, WikiDeal global): percentage of each subscription attributed to Reward holders; 100% first CHF 200k tranche, at least 50% contractual commitment; deadline once CHF 100k donations (Theo 2026-07-15, rectified) |
Category cleanup: remove Category:Migration June 2026 (founder order 2026-09-03) |
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{{KidsIntro|When people pay their | {{KidsIntro|When people pay their yearly fee to use WikiDeal, that money is shared with those who helped fund the project. This page asks: how much of each fee should be shared, now and later? Everyone can send ideas.}} | ||
{{ExpertIntro|This open call concerns the share of subscription | {{ExpertIntro|This open call concerns the cashout policy: the share of each subscription redistributed to Reward holders, and following which formula. For Prototype 1's first tranche, revenue is fully attributed to Rewards; any later change would keep at least 50% on average, as a contractual commitment protecting donors' trust. Part of wave 2; no deadline yet.}} | ||
{| class="infobox" style="float: right; clear: right; margin: 0 0 1em 1em; width: 300px; font-size: 90%; background: #f9f9f9; border: 1px solid #aaa; padding: 0.2em;" | |||
! colspan="2" style="background: #ccf; text-align: center;" | Open Call Status | |||
|- | |||
! Wave | |||
| Second Wave (Draft) | |||
|- | |||
! Status | |||
| Not launched yet | |||
|- | |||
! Members / Commission | |||
| Undetermined (Under construction) | |||
|- | |||
! Chairperson | |||
| TBD | |||
|- | |||
! Facilitator | |||
| TBD | |||
|} | |||
__TOC__ | __TOC__ | ||
= Open call: | = Open call: cashout policy = | ||
{| class="wikitable" | {| class="wikitable" | ||
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|- | |- | ||
| How to propose | | How to propose | ||
| Post on [[Talk:Gov/en/Portal:R&D/Open- | | Post on [[Talk:Gov/en/Portal:R&D/Open-Calls:Cashout-Policy|the discussion page of this call]] | ||
|- | |- | ||
| Disclosure | | Disclosure | ||
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The starting points of this call are the following: | The starting points of this call are the following: | ||
* For the '''first tranche of CHF 200,000''' donated for Prototype 1, subscription revenue is '''entirely (100%) attributed to Rewards'''. | * For the '''first tranche of CHF 200,000''' donated for Prototype 1, subscription revenue is '''entirely (100%) attributed to Rewards'''. | ||
* It is possible that this allocation is modified at a later stage, so that only a part of the subscriptions is redistributed. In that case, '''at least 50% of subscription revenue''' would remain attributed to Reward holders: this is a '''contractual commitment''', made to protect the donors' trust in the possibility of cashing out their Rewards (see the donation agreement). | * It is possible that this allocation is modified at a later stage, so that only a part of the subscriptions is redistributed. In that case, '''at least 50% of subscription revenue on average''' (over Prototype 1) would remain attributed to Reward holders: this is a '''contractual commitment''', made to protect the donors' trust in the possibility of cashing out their Rewards (see the donation agreement). | ||
Three options are envisaged for the percentage of each subscription attributed to the cash-out (see the [[Gov/en/Portal:Economy/Cashout-Mechanism|cashout mechanism]] page for the full picture): | |||
# '''100%''' of subscription money covers the cash-out of Rewards: considered unlikely, because of the dilemma between repaying the commitments first and fragilizing the operating costs; | |||
# '''a fixed percentage''', estimated at 50%; | |||
# '''a degressive percentage''', starting at 100% and progressively decreasing to 1% as holders receive their cash-out. | |||
For the donors of the first million, the commitment is that the percentage stays between 50% and 100%, that is, at least 50% on average over Prototype 1 (this commitment does not cover early supporters, for whom terms may change in order to preserve liquidity). | |||
This call invites proposals and analyses on | This call invites proposals and analyses on the best formula: which exact ratio or curve, at which stage, for which reasons, and under which governance any change would be decided. | ||
<span id="open-questions"></span> | <span id="open-questions"></span> | ||
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* What share of each subscription should fund the redistribution to Reward holders, and what share should fund other needs of the platform? | * What share of each subscription should fund the redistribution to Reward holders, and what share should fund other needs of the platform? | ||
* Should the ratio evolve over time (for example with the number of users, or with the completion of the funding), and following which rule? | * Should the ratio evolve over time (for example with the number of users, or with the completion of the funding), and following which rule? | ||
* Which of the three envisaged options (100%, fixed share around 50%, degressive from 100% to 1%) serves the project best, and are there better formulas? | |||
* Which governance would decide a change of ratio, and how would Reward holders and donors be protected in that decision? | * Which governance would decide a change of ratio, and how would Reward holders and donors be protected in that decision? | ||
* No financial projection with risk estimates has been made on this question yet: which projections and which scenarios would be needed? | * No financial projection with risk estimates has been made on this question yet: which projections and which scenarios would be needed? | ||
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<span id="see-also"></span> | <span id="see-also"></span> | ||
== See also == | == See also == | ||
* [[Gov/en/Portal:R&D/Open- | * [[Gov/en/Portal:R&D/Open-Calls:Main|Open Call: main page]] | ||
* [[Gov/en/Portal:R&D/Open- | * [[Gov/en/Portal:R&D/Open-Calls:FAQ|Open Call FAQ]] | ||
* [[Gov/en/Portal:Economy/Rewards|Rewards]] | * [[Gov/en/Portal:Economy/Rewards|Rewards]] | ||
* [[Gov/en/Portal:Economy/Subscriptions|Subscriptions]] | * [[Gov/en/Portal:Economy/Subscriptions|Subscriptions]] | ||
* [[Gov/en/Portal:Economy/Cashout-Mechanism|Cashout mechanism]] | |||
* [[Gov/en/Portal:Economy/Revenue-Structure|Revenue Structure]] | |||
* [[Gov/en/Portal:Justice/Court-of-Auditors|Court of Auditors]] | |||
[[Category: | [[Category:Funding]] | ||
[[Category:Innovation]] | |||
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