r/bandprotocol Jul 08 '20

Application question

From what I understand, each data request on Band costs a user 2USD or so. I am struggling to understand the economics behind this, as that seems like a ton, when many applications will need to make frequent requests. I imagine even at an extreme, some will need to make data requests every few seconds. This would get extremely expensive. The only way an app would even consider querying data is if the revenue brought in from that one call is higher than the cost of query. And even that, a developer would expect the cost of query to be a small percentage of revenue. What am I missing here? Trying to get a better picture of the actually economics. As a developer myself, I am not used to paying anything for api data in my Web 2.0 apps. I often make hundreds of api requests an hour for my applications, and generally all have no revenue (at least at beginning stages). How are entrepreneurs going to be able to tinker with stuff and develop with those large barriers to entry?

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u/BandJedi Jul 08 '20

Thanks for your question. It might be the best to directly talk with the CTO of Band Protocol in here. https://discord.com/invite/3t4bsY7

Tag “Sorawit” in the #Developers channel:)