# BrightID Discord Premium The BrightID Discord app seems to be quite useful in the BrightID ecosystem. Communities like brightid, ethstaker, 1hive, SHE, and more have used it to gate access to certain Discord operations. In its current state, the monetary weight of development is borne by BrightDAO and the $BRIGHT token. This has obvious shortcomings during a bear market. With the upcoming sponsorships feature, the Discord app has its first opportunity to extract value. ## Sponsorships ### Background According to Philip of BrightID, sponsorships were a novel idea to raise money for BrightID Core. BrightID sold sponsorships to apps and in return apps were allowed to add users to the BrightID social network. Now, Sponsorships can be bought on Uniswap or through the [Sponsorship Dashboard](https://sp.brightid.org/index.html) ```mermaid graph LR id1[BrightID Apps] id2[Buy Sponsorships] id3[BrightID Core] id1 --> id2 --> id3 ``` ### One app, many communities Discord is an app that supports multiple BrightID communities. Simply buying sponsorships for the app does not solve the problem of sponsoring its users. Discord servers do not want to share their sponsorships with other Discord servers. Also, different Discord servers will want to use sponsorships in different ways. Logic must be built to differentiate different servers sponsorships within the BrightID Discord app. #### Web3 Sign Discord does not natively support web3 😭. Therefore, the [BrightID Discord Command Center](https://brightid-discord-bot-staging-youngkidwarrior.vercel.app/) was built as an interface between Discord, BrightID, and web3. Using the web app, discord admins can sign a message with their web3 wallet and link their SP to their Discord Server. ![](https://i.imgur.com/ydWhOLI.png) Discord users can then go to their favorite Discord Server and utilize this SP to get sponsored. ## Make Sponsorships Easier Discord is full of great communities. Very few of those communities hold SP and even fewer use ID Chain. The BrightID social graph already put a heavy burden on users to get verified. Adding on bridging funds, purchasing SP, and distributing SP effectively is a daunting tasks. While apps like gitcoin, Eidi Faucet, and Honey Faucet have done this, we cannot expect every community to build their own solutions. We will not see more widespread adoption until every community can hold SP without a hassle. #### Steps for a Discord Community to sponsor its members ```mermaid graph LR id2[Create BrightID App] id3[Bridge ETH to IDChain] id4[Buy SP] id5[Assign SP] id6[Build UI to sponsor users] id7[Buy more SP when SP runs out] id2 --> id3 id3-->id4 id3-->id5 id5-->id6 id6-->id7 id4-->id5 id7-->id5 ``` ### Bot Paid Tiers The free tier of the bot will be available to any server who adds the Discord Bot | Tier | BrightID Discord Role | Automatically Assign Role to New Members | Assign Sponsorships | Sybil Statistics | Automatically Assign Role to Existing Members | Unlimited Sponsorships | Top of Server Discovery Page | | ------------ | --------------------- | ---------------------------------------- | ------------------- | ---------------- | --------------------------------------------- | ---------------------- | --- | | Free Tier | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | | Premium Tier | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ### Sponsorships Premium While some communities will want to buy their own sponsorships, most would rather utilize a paid subscription service to automatically refills their sponsorships each month. A *premium* service could be establishe that allows servers to gain access to a large pool of sponsorships. A pricing model could look like this: <style> .container { display: flex; flex-direction: column; width:100%; } .card-container { display: flex; width: 100%; justify-content: space-around; } .card { display:flex; width: 210px; flex-direction: column; justify-content: space-between; align-items: center; border: 3px solid; border-radius: 2rem; padding: 2rem; text-align: center; } .bottom-text { width:100%; text-align: center; } .button { border: 1px solid; border-radius: 3rem; background-color: #ed7a5c; padding: 1rem 2rem; color: #fff; } } </style> <div class="container"> <h1> BrightID Discord Premium Sponsorships </h1> <div class="card-container"> <div class="card"> <h1>1 Month</h1> <p> Gain access to the premium pool for 1 month</p> <br/> <h3>$20</h3> <div class="button">Buy Now</div> </div> <div class="card"> <h1>1 Year</h1> <p> Gain access to the premium pool for 1 year <br/> <b>2 Months Free!</b> </p> <h3>$200</h3> <div class="button">Buy Now</div> </div> <div class="card"> <h1>Forever</h1> <p> Pay in your native DAO token</p> <br/> <h3>Never Worry Again!</h3> <div class="button">Email Us</div> </div> </div> </div> <div class="bottom-text"><h2> BrightID will fill the pool with SP on a need basis </h2> </div> The 1 Month and 1 Year solutions are pretty straightforward, pay a standard rate to gain access to the premium pool of sponsorships. We can adjust the monthly SP fill rate based on necessity. The more interesting option is the "Forever" option. Many larger servers may love to have a "set it, and forget it" option. They may also be willing to pay a high premium in their native DAO token, as opposed to a stable token. This way the BrightID Discord bot could alot a large treasury of DAO tokens that use BrightID. These deals could be negotiated on a case-by-case basis, and could potentially net the greatest amount of profit for the bot. <center><b>This is a basic pricing model focused on creating the least technical resistance. I am open to criticisms and/or other solutions.</b></center> <hr/> #### Sponsorship flow after premium feature ```mermaid graph LR id1[Buy Premium] id2[Connect Premium Account to Discord Server] id1-->id2 ``` <hr/> ### How does the pool get filled? The Discord App currently has 1250 SP in its vault. There are no plans to buy more. Instead, BrightID Core members have expressed interest in sponsoring the Discord App Premium feature with their excess SP. Most of the Core members hold a lot of SP with no way to use it. #### What's in it for them? Split the profits with BRIGHT DAO! I think a great idea is to split the profits from the premium feature to help refill the BrightDAO treasury. This would be in both parties interest, as well as provide a bullish signal to BRIGHT token holders. I personally think an 80% / 20% split makes the most sense for the first year while the Premium feature gets its feet. Either the Discord App will make enough to purchase its own SP, or we can increase the BrightDAO profit. ### Current Burn Rate vs Earn Rate The BrightID Discord Bot burn rate is ~$8000 a month. At this pricing model, I would not expect the Discord app to turn profitable. If the Discord App was getting 100% of the profits, it would take 200 monthly subscribers to turn positive ### Profitable Criteria #### No Split - 200 Monthly Subscribers - 20 Yearly Subscribers #### 80/20 Split - 240 Monthly Subscribers - 24 Yearly Subscribers #### 70/30 Split - 260 Monthly Subscribers - 26 Yearly Subscribers #### 50/50 Split - 400 Monthly Subscribers - 40 Yearly Subscribers In reality this will most likely a mix. The "Forever" option could be a very interesting opportunity for profit as well.