DNF$ value down from .016 to .005

[Ashaw]

Ive noticed that within the last year or so, the value of the DNF$ went from .014 or .016 cents per 1 DNF$, all the way down to .005 cents per DNF$.

I think its time to think about how we can improve this.

Its possible that there shouldnt be so many DNF$ given away per post. Even for exclusive members. 2 DNF$ per post is plenty for exclusive, if platinum members were to get 1, and gold were to get 0.

Interest should not be made by putting DNF$ in the bank, unless of course the bank actual uses the DNF people deposit to profit.

Wouldnt is be great to see this turn around? See the DNF$ actually have value again? We arnt playing the blame game here, offer suggestions if you would.

[tekz999]

I am in this forum for 3 years, and the rate has always been 0.005.

[dodo1]

Yeah, even the official exchange rate is only 0.01.

[Ian]

Originally Posted by tekz999

I am in this forum for 3 years, and the rate has always been 0.005.

I agree, if you do calculate: $17/3500=$0.005

[click55]

Originally Posted by tekz999

I am in this forum for 3 years, and the rate has always been 0.005.

Agreed
sometimes even a bit lower
Also agree with Ashaw, at this point I dont think DNForum needs to have ppl posting only to earn a bunch of DNF$ anymore, the forum is big and qualified enough for pro and beginners already.
usually to offer 3 or 4 free xxx$ per post its a good move just for starting a new forum site and to get new members.......

[Ashaw]

Really? I could have sworn the exchange rate was much higher when I first joined. I appoligize for that. I guess my figures totally deminish my credibility. Regardless, why is the exchange rate so low? The way I see it, as many do; this is THE largest domain forum on the internet. Compaired to other(less developed) forums, we have a very low exchange rate. Arnt there ways to increase the value of the DNF$? Create a more secure "economy" for them?

[click55]

Originally Posted by Ashaw

Arnt their ways to increase the value of them?

well I think the low dnf$ value seems to be just a prob for Adam, if somebody wants upgrade or get some of the offered services its cheaper to buy dnf$ privately than from the bank.....
users to users we usually compensate it (i.e. its very frequent to see in the dnf$ forum domains offered for 10 US$ or 2k dnf$)
also this doesnt mean that the forum economy is bad... it balances itself
inflaction, if its under control, is part of every economic system

[DotComGod]

Ashaw,

You raise some good points, the only way to raise the economy besides lowering the f$ given at post would be to raise the amount of f$ required to upgrade and to raise the price the bank sells them for.

-=DCG=-

[click55]

Originally Posted by DotComGod

Ashaw,

You raise some good points, the only way to raise the economy besides lowering the f$ given at post would be to raise the amount of f$ required to upgrade and to raise the price the bank sells them for.

-=DCG=-

maybe also offering a wider choice of attractive services could help
if the market doesnt absorb the money usually the money value lowers down

Originally Posted by DotComGod

to raise the amount of f$ required to upgrade and to raise the price the bank sells them for.
-=DCG=-

personally I prefer this option, but you will also have to raise up all the paid services

[Ashaw]

I feel that the amount of F$ that is received per post, is one of THE biggest influences on the low exchange rate. Im not exactly sure on the specifics, but lets say exclusive members receive 4 DNF$ per post, which is correct; while platinum members receive 2 DNF$ per post, and gold members receive 1 DNF$ per post. With each person that upgrades to exlusive, we are seeing more and more DNF$ floating around. With the ratio of 4/2 or even 4/1, the DNF$ are increasing by 50 and 75% to members that join as exclusive members. That is sure to bring the value of the DNF$ way down. Im not quite sure if gold members receive DNF$ per post right now, and in no way am I meaning to belittle them because Im not, but upgrading to platinum or even exclusive should show the benifits. Gold members should not receive DNF$ for posting. Platinum members should receive 1 DNF$ per post, and Exclusive members should receive 2 DNF$ per post at the very most. Some may disagree, but in the long run; everyone will reep the benifits. Also, as of right now, depositing F$ into the bank will gain you interest on your DNF$. To me, interest on F$ is like giving away F$, it only populates the F$ pool more. I am in NO way trying to bash this forum, as Ive said before. This is THE lt domain forum on the internet, I just feel like with a little change, we will see a big difference in the way this system works.

[click55]

Originally Posted by Ashaw

upgrading to platinum or even exclusive should show the benifits. Gold members should not receive DNF$ for posting. Platinum members should receive 1 DNF$ per post, and Exclusive members should receive 2 DNF$ per post at the very most.

i didnt upgrade to exclusive for the 4 dnf$ :angel_smile:
the way to incentivate ppl to upgrade is offering more qualified services for each level, the higher you are the more you get....
anyways I think there are already so many dnf$ around into users bank accts at the moment that I cant even imagine
another road is to split the services, some you can get using dnf$, some other you have to pay with real money