{"posts":[{"id":"1245","created_at":"2019-02-18 06:12:34","updated_at":"2019-02-22 18:16:30","published_at":"2019-02-22 00:00:00","author_id":"2143","last_editor_id":"2143","title":"Puca By The Numbers \u2014 2018","subtitle":"","tagline":"Today I want to catch up on our platform statistics over the last year. I don't think that these numbers tell a particularly \"new\" story, but it's always good to see where we are at for transparency's sake and make a bunch of this information available.","page_slug":"articles\/2019\/puca\/jonathan_medina\/pucatrade_by_the_numbers_2018","page_title":"Puca By The Numbers \u2014 2018","body":"

Welcome back Puca Fam! Today I want to catch up on our platform statistics over the last year. I don't think that these numbers tell a particularly \"new\" story, but it's always good to see where we are at for transparency's sake and make a bunch of this information available. Let's start with the stats that I always open up these articles with:<\/p>\n

Total Points in the System
<\/strong>122,305,297 (-4,811,523)<\/p>\n

Total Registered Members<\/strong>
180,047 (+1,910)<\/p>\n

Available Points<\/strong>
65,956,277 (-14,616,383)<\/p>\n

Owners of Available Points<\/strong>
5,026 (-9,803)<\/p>\n

\"Explosive<\/p>\n

I've talked at length about what these numbers mean in previous articles<\/a>, but I'll give a couple of sentences for the uninitiated. If you want more depth, feel free to dig back in the previous installments of this series. The Total Points in the System is pretty self-explanatory; the important thing about the number at this stage in PucaTrade's life-cycle is that it should be going down. And it is! We are about 11 million points less than when we started this series a year ago—this is important for fighting inflation. Total Registered Members is just like it sounds: All the accounts that are registered with PucaTrade. This number does not reflect the number of active members, but it does show two things: The reach of our platform and the growth over time. This number has grown by 3,700 members since last year. The last two numbers go together: Available Points is the number of points \"available\" to be claimed on PucaTrade and the Owners are the number of members who own those points. This is important because it's a more accurate representation of our economy.<\/p>\n

Refining the Numbers<\/span><\/h1>\n

Something that I've left out of previous installments of this series is that there are two very large (and very active) point holders. Between both Devon Endres<\/a> and Ori<\/a>, there is a hold on 17.6 million of those 66 million points! That means that there are even fewer points (48 million) available in the system for people to acquire. This is something that currently helps raise the value of PucaPoints overall, but there's still a lot of work to be done. There's a theory that our trade activity would increase dramatically if the per capita point balance was at a certain range.  <\/p>\n

\"Cultivate\"<\/p>\n

Per Capita<\/strong><\/span><\/h1>\n

The theory goes like this: If you only have enough points to acquire a $10 card, that might inspire you to send some more cards and build up your balance a little bit so that you won't have to wait on points to keep the cards coming in. There are probably some simulations we can run on our data to figure what the per capita should be in a more scientific way, but I don't think it's necessary to seek that information out at the time because we're not close enough to fine tune it. If you take the 48 million above and evenly distribute it over the 5,024 members then you get a per capita of around 9,600 points per member. Again, this is not super scientific, but it gives us a feeling about where we are at. At the current promotion rates, 9,600 points is about $65 in cards, which means we have some ways to go before members are feeling the squeeze universally to send cards. This doesn't mean cards are not being sent, because as I said above the loose per capita calculation is based on an even spread of the points, which is not the case. Let's zoom into some of that trade activity:  <\/p>\n

Number of Trades Per Month <\/span><\/h1>\n

\"\"<\/p>\n

As you can see from the graph, our number of trades are down from this time last year, but they are the highest they've been since July. We released a new feature set at the end of December, so the increase in trade could have been partly due to that. The other common cause for an increase in trade in January is just because holidays are winding down and people are returning to their hobbies and normal routines. I don't have much more commentary on the trade trends beyond that.<\/p>\n

When we look at the sender trends, we'll see why we have lower traffic than this time last year. Before we jump into that I want to provide a link to the image<\/a> for the points per month graph. This data is interesting, but we do have to add a level of translation to this data to properly understand it. What I mean by that is that the value of a PucaPoint has been rising. We can see that in two things: The overall drop in bonus percentages needed to get cards, and the price of MTGO tickets. With the deflation of the PucaPoint, fewer points are required to make trades (because they are more valuable). This means that even though there were fewer points traded, it still could mean that more value in cards was traded overall! I don't want to make too much out of this distinction because the trend of trades is down and so are the senders, so even if more value was traded, I think the priority rests on looking at the trends of member base contraction and evaluate that.<\/p>\n

Unique Senders and Receivers <\/span><\/h1>\n

\"\"<\/span><\/h1>\n

In this graph, we see a bounce back in January just like in the trade trends. Quite simply what we see here is that the member base continues to contract. There have been less unique senders over time and the number is trending downward. As I've noted in a previous installment, those who are sending are really doing work, with the number of unique receivers staying around and above the 1,200 mark. This trend doesn't surprise me, but it's definitely something that needs to be reversed sooner than later. So, what's the plan? <\/p>\n

Reversing the Trend <\/span><\/h1>\n

As you may have read in our \"Looking Forward\" article, the plan is to put focus into increasing our level of trade. Ambitiously we want to double it. The primary way that we want to approach this is through features that make the site simpler and easier to use. Features that help members to both make good offers and find good offers will increase trade volume. This work will also enable us to start reaching out and inviting others to try PucaTrade again. If we have safeguards in place to help new and returning members to find the best offers and make good trades, then this will start a positive feedback loop that will increase trading across the board. I will be talking about these changes and features in the next development update. For now, if you want a peek at what we're working on and you have Uncommon or Rare account, you can see some of our progress in Flux!<\/p>\n

\"Nature's<\/p>\n

Paperwork and Closing <\/span><\/h1>\n

I couldn't find a good spot to show you the point destruction stats for January, so I want to slide it in here and take a moment to address something. Here are the numbers:

PucaShield: <\/strong>-160,293
Promotions: <\/strong>-326,889<\/p>\n

You may notice something missing there: Sweepstakes. That's right, we have not been doing sweepstakes. I don't want to say that we killed sweepstakes, but we definitely put them on the bench for a bit. The reason that we did this is that the last three sweepstakes that we did were not as successful in terms of destroying points. My guess is that as the value of points rose, the desire to do sweepstakes waned. This is an area that I'd like to hear from you, please sound off in our Discord server. Would you like to see sweepstakes return? Are there changes that you'd like to see? Please let us know. <\/p>\n

I hope this article has been informative to you. It's great to look over these numbers and see where we are at. It also helps us see our baseline since we now have the goal to ramp up our trade numbers. I know I have some plans to hit 3 million points sent this year, so I hope that I personally get to put cards into your mailboxes. I will talk to you soon with a development update. Thank you for reading. <\/p>\n

Give and Let Give. 

<\/p>\n\n\n\n
Jonathan Medina<\/strong> (@Medina_MTG<\/a>) is a casual Magic player and lover of people. He has a long history of writing for various Magic sites. He's currently the Director of PucaTrade, and a semi-regular writer at GatheringMagic.com<\/a>. You can find him on Twitter at @Medina_MTG<\/a><\/td>\n\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","status":"PUBLISHED","isBlog":"1","big_image":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/kodamasReach_sm.jpg","template_id":"2","extra_id":"0","external_embed_code":"","featured_image1":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/kodamasReach_sm.jpg","featured_image2":"","external_link":null,"external_link_title":null,"external_link_description":null,"featured_image3":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/kodamasReach_sm.jpg","featured_image4":null,"featured_image5":null,"name_first":"Jonathan","name_last":"Medina","nickname":"Jonathan Medina","display_name":"Jonathan Medina","code":"US","profile_image":"https:\/\/drjl681pbj9m1.cloudfront.net\/user\/2013\/11\/200\/user-image-2143.jpg","tags":[{"url":"puca","tag":"puca"},{"url":"economy","tag":"economy"}],"displayDate":"February 22, 2019","authorlink":"Jonathan Medina<\/a>"},{"id":"1248","created_at":"2019-02-18 06:26:21","updated_at":"2019-02-19 17:06:40","published_at":"2019-02-18 00:00:00","author_id":"2143","last_editor_id":"2143","title":"PucaBot Issues","subtitle":"","tagline":"","page_slug":"articles\/2019\/puca\/tech\/pucabot_issues_feb_2019","page_title":"PucaBot Issues","body":"

Hello,<\/p>\n

Over the weekend we experienced some issues with the PucaBots. There were some extremely slow load times and one PucaBot was down completely. Our MTGO bot support jumped on the problems right away and solved the issues with PucaBots 2–6.<\/p>\n

However, there is still an issue with PucaBot1, and it is currently down.<\/p>\n

We are working on a solution and will report back once we have a solution. Thank you for your patience. <\/p>\n\n\n\n
Jonathan Medina<\/strong> (@Medina_MTG<\/a>) is a casual Magic player and lover of people. He has a long history of writing for various Magic sites. He's currently the Director of PucaTrade, and a semi-regular writer at GatheringMagic.com<\/a>. You can find him on Twitter at @Medina_MTG<\/a><\/td>\n\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","status":"PUBLISHED","isBlog":"1","big_image":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/rsz_voltaic_brawler_-_raymond_swanland-620x350.jpg","template_id":"2","extra_id":"0","external_embed_code":"","featured_image1":"","featured_image2":"","external_link":null,"external_link_title":null,"external_link_description":null,"featured_image3":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/rsz_voltaic_brawler_-_raymond_swanland-620x350.jpg","featured_image4":null,"featured_image5":null,"name_first":"Jonathan","name_last":"Medina","nickname":"Jonathan Medina","display_name":"Jonathan Medina","code":"US","profile_image":"https:\/\/drjl681pbj9m1.cloudfront.net\/user\/2013\/11\/200\/user-image-2143.jpg","tags":[{"url":"puca","tag":"puca"},{"url":"tech","tag":"tech"}],"displayDate":"February 18, 2019","authorlink":"Jonathan Medina<\/a>"},{"id":"1244","created_at":"2019-01-20 23:22:53","updated_at":"2019-01-30 18:05:36","published_at":"2019-01-28 00:00:00","author_id":"2143","last_editor_id":"2143","title":"2019: Looking Forward","subtitle":"","tagline":"","page_slug":"articles\/2019\/puca\/jonathan_medina\/2019_looking_forward","page_title":"2019: Looking Forward","body":"

In my last article<\/a>, we looked back at 2018. I think it's important to learn from our mistakes and celebrate our victories, but let's not linger there—2018 is in the past and now 2019 is before us.<\/p>\n

This will be an important year for PucaTrade—maybe more important than the last—and I'm hopeful for what we can accomplish. In December, I had our annual meeting with the founders, and we talked about PucaTrade's greatest needs and goals for the new year. It was really exciting to hear some of their ideas and to come to a consensus on our best direction forward.<\/p>\n

Today I'm going to share the goals that we set together, and how they will impact Puca. Let's dive in.<\/p>\n

\"Shahrazad\"<\/p>\n

Goals<\/span><\/strong><\/h1>\n

We set two primary goals for 2019: To make PucaTrade easier to use, and to double our trade traffic. These goals cover a wide spectrum of what PucaTrade needs. Below I'll break down each goal and talk about why we chose to focus on them.<\/p>\n

Make PucaTrade Easier to Use<\/strong><\/p>\n

This goes beyond just moving some user interface icons around; we need to rethink how people are using PucaTrade. As it stands, members in the Discord server are having success using PucaTrade, but members who are not on the Discord server are getting mixed results. Part of the reason for this is that there's special information that you learn on Discord that you don't learn on the website. For example, on Discord<\/a>, it's well known that the best way to get cards is to promote your wants. The people hanging out on the Discord server often walk others through the process of promoting and share with them the best rates to use while promoting. This is really valuable information, and not everyone is privy to it. <\/p>\n

Last year, I had the opportunity to see what it's like for a new (or returning member) to use PucaTrade when I invited a good friend or mine to use the site. He was really confused and had trouble despite all the advice that I gave him. One of the things that became clear to me while watching my friend stumble through the process is that if he used the site in its default form, he would have trouble getting cards. This<\/em> is where a lot of the ire is generated for both new and returning members.<\/p>\n

In 2019 we want to take steps to eliminate the need for special information and third-party platforms. We want to make the default path of a PucaTrade a successful one. This starts by making more information visible, like trade histories for cards. It would also help to make other stuff less visible, like below-market offers. I'll talk more about these features in our Development Update articles and as always you will be included in how we approach this. It's important that we get this right because we can't really move forward with any marketing or growth strategies until we've tuned this experience for our members. <\/p>\n

Double Our Trade Traffic<\/strong><\/p>\n

This goal is ambitious and goes hand-in-hand with the goal above. By removing some of the hindrances in the core process, we should naturally see more trades happening—the trends of trade traffic build on each other. Increased trading activity stimulates more trades. Along with the natural boost from improving the core system, we have some other ideas that can help us reach this goal. Some of the ideas have to do with out-of-the-box ways to approach trading, and other ideas are more conventional like simple marketing.<\/p>\n

One thing that we have been shy about in 2018 is marketing PucaTrade. Our philosophy has been \"Let's clean up the kitchen before we invite anyone over for dinner.\" Once we can smooth out the trade experience, it will become more feasible to invite others to join us. Our monthly numbers articles can serve as a barometer and track our progress to this goal. We understand this one is ambitious, but keep in mind any growth in this area is a win.<\/p>\n

\"The<\/p>\n

Conclusion<\/strong><\/span><\/h1>\n

As I alluded to above, it's important to note that these are goals, not definite realities. We'll be working towards them and they will guide our decisions. It's just like when you sit down for game one at a tournament: You have a goal, but there's a lot that can happen between game one and game two. Maybe our \"opponent\" gets stuck on two lands and we just steamroll in 2019. Or maybe we get [[Thoughtseize::id=36983]]d on turn one and we have to fight for every inch of progress. No matter what happens, the PucaTeam is sleeved up and ready for battle and we're so glad that you're here with us helping us to make the right plays. <\/p>\n

I'll see you again for another numbers article at the beginning of February. Cheers to a great 2019! <\/p>\n\n\n\n
Jonathan Medina<\/strong> (@Medina_MTG<\/a>) is a casual Magic player and lover of people. He has a long history of writing for various Magic sites. He's currently the Director of PucaTrade, and a semi-regular writer at GatheringMagic.com<\/a>. You can find him on Twitter at @Medina_MTG<\/a><\/td>\n\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","status":"PUBLISHED","isBlog":"1","big_image":"","template_id":"2","extra_id":"0","external_embed_code":"","featured_image1":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/enterTheInfinite_sm.jpg","featured_image2":"","external_link":null,"external_link_title":null,"external_link_description":null,"featured_image3":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/enterTheInfinite_sm.jpg","featured_image4":null,"featured_image5":null,"name_first":"Jonathan","name_last":"Medina","nickname":"Jonathan Medina","display_name":"Jonathan Medina","code":"US","profile_image":"https:\/\/drjl681pbj9m1.cloudfront.net\/user\/2013\/11\/200\/user-image-2143.jpg","tags":[{"url":"puca","tag":"puca"}],"displayDate":"January 28, 2019","authorlink":"Jonathan Medina<\/a>"},{"id":"1241","created_at":"2019-01-04 18:46:28","updated_at":"2019-01-09 18:20:47","published_at":"2019-01-09 00:00:00","author_id":"2143","last_editor_id":"2143","title":"2018: Looking Back","subtitle":"","tagline":"","page_slug":"articles\/2019\/puca\/jonathan_medina\/2018_looking_back","page_title":"2018: Looking Back","body":"

In January of 2018, we were on the brink of death. Usually, a sentence like that is a bit hyperbolic, but for PucaTrade it's true. As Mitch put it in an article at the time: \"PucaTrade no longer reliably generates enough revenue to support itself.\" Not only were these issues in the back end, but PucaTrade had also entered its worst economic state since the site's inception. <\/p>\n

It's 2019. We're still here and it's getting hard to keep PucaPoints in your account. What happened? <\/p>\n

\"Stunning<\/p>\n

The short answer to that is that you<\/strong> rose up as a community and decided that you wanted PucaTrade to exist. We're deeply grateful for that, and we thank you! It's because of you that I even get to write an article looking back over the last year. Let's start at the same place Mitch did in 2018: 

PucaTrade now generates enough revenue to reliably support itself. This has more to do with the fact that we've cut expenses than an increase in revenue. In this area, we're optimistic but still tentative and careful. We won't be in a comfortable spot until we see an increase in subscriptions and we don't expect to see that until we do more work on our tiered features—we understand that this is important and it's on our radar. Last year we focused on goals like democratization, community, and sustainability; this year we'll continue to focus on these, but also start asking questions about what it looks like to grow. Before we get ahead of ourselves, let's see how we did on last year's goals (these also were outlined in
Mitch's article<\/a>).<\/p>\n

Democratize<\/span><\/h1>\n

\"We want the PucaTrade community to have more say in the direction of the site.\"<\/p>\n

This is something that we tried really hard to accomplish and I think we did a good job of this last year. We started the year by rolling back a wildly unpopular change (member dues) and terminated point sales. These are two policy things that you as our community wanted to remove. Beyond that, most of the development work that we did last year directly came from ideas that you helped shape in our early campfire chats (in Discord). We also considered feedback that we received in emails, through the blue question mark, and even stuff that was relayed through cases. <\/p>\n

Even though we made great steps towards this goal, there are two areas that I'd like to see improve in 2019. Number one: My communication to you about what we're doing. I realize communication got sparse as I started to get more hands-on with the behind-the-scenes stuff. Number two: Our speed of execution. 2018 was a year of learning. We had to learn how to function as a platform and as a team, as well as execute our goals. Things are improving in this area, but there's still plenty of room to go and improve. <\/p>\n

\"March<\/p>\n

Socialize<\/span><\/h1>\n

\"We want PucaTrade to be something that you're proud to share with your friends.\"<\/p>\n

We still have a long way to go on this one. One of the points that we'll be focusing on this year is to make our site friendlier to new or returning members. We want to eliminate the special information needed to be most successful on the site, so that when one of your friends comes to use PucaTrade they can do so with ease and have success. More on this in the weeks to come.<\/p>\n

Realize<\/span><\/h1>\n

\"We want PucaTrade to sustain itself.\"<\/p>\n

I talked a bit about this at the beginning of the article. From a financial point of view, PucaTrade is making some progress here. We hope that the ease of use improvements will help increase traffic and when combined with some new tiered features, we can see some growth in 2019. Financials aside, this year we learned that PucaTrade can sustain itself on an entirely different axis: The community's sheer force of will. We are a resilient bunch. Watching your tenacity as a community to overcome and not accept defeat was a joy in 2018. It's my hope that this year the PucaTeam can further empower you to build a community around this game that we all love. <\/p>\n

\"Congregate\"<\/p>\n

I think this is a good note to end our looking back article on. Stay tuned for a 2019 looking forward article, where I'll talk about the direction of PucaTrade moving into 2019. Thank you for reading. <\/p>\n\n\n\n
Jonathan Medina<\/strong> (@Medina_MTG<\/a>) is a casual Magic player and lover of people. He has a long history of writing for various Magic sites. He's currently the Director of PucaTrade, and a semi-regular writer at GatheringMagic.com<\/a>. You can find him on Twitter at @Medina_MTG<\/a><\/td>\n\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","status":"PUBLISHED","isBlog":"1","big_image":"","template_id":"2","extra_id":"0","external_embed_code":"","featured_image1":"https:\/\/drjl681pbj9m1.cloudfront.net\/admin\/2019\/0\/240\/SCBfO2QmQJiVLEYzTX0H_laviniaRenegade_sm.jpg","featured_image2":"","external_link":null,"external_link_title":null,"external_link_description":null,"featured_image3":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/laviniaRenegade_sm.jpg","featured_image4":null,"featured_image5":null,"name_first":"Jonathan","name_last":"Medina","nickname":"Jonathan Medina","display_name":"Jonathan Medina","code":"US","profile_image":"https:\/\/drjl681pbj9m1.cloudfront.net\/user\/2013\/11\/200\/user-image-2143.jpg","tags":[{"url":"puca","tag":"puca"}],"displayDate":"January 09, 2019","authorlink":"Jonathan Medina<\/a>"},{"id":"1240","created_at":"2018-12-20 23:34:08","updated_at":"2019-01-01 03:01:40","published_at":"2018-12-27 00:00:00","author_id":"2143","last_editor_id":"2143","title":"New Features are Live! ","subtitle":"","tagline":"I wanted to take a moment to highlight our new feature set which is now LIVE!","page_slug":"articles\/2018\/puca\/jonathan_medina\/development_update_december","page_title":"New Features are Live! ","body":"

Hello PucaTraders! <\/p>\n

I hope your holidays are going well! I wanted to take a moment to highlight our new feature set which is now LIVE! If you've been following along at home, then you know that this feature set has been available to Uncommon and Rare members for some time via Flux. Now all members have access to the features by simply using the site. Here's what changed:<\/p>\n

Promotions are<\/strong><\/span> FREE to Create<\/strong><\/span><\/h1>\n

This does not mean there are no fees associated with promotions, only that the fees will be charged when a trade is committed instead of when you create the promotion. This means that you will only pay a fee when someone sends you a card. It also means you can promote as many cards as you like without paying a single PucaPoint! For more information about how to promote click here<\/a>. <\/span><\/p>\n

One big change to the promotion feature is that you can now offer a dynamic percentage on a card. This means that your offer will rise and fall with the price of the card—this will help you keep your offers current with the market. Premium members can use this feature in conjunction with the \"Max Price\" feature to keep tighter control of their offers as well. <\/p>\n

Promotion Percentages are Easier to See<\/span><\/h1>\n

In addition to the above changes, we added some more tools to help with visibility of promotions and packages. This is to help members find the best value for their trade more quickly and efficiently. Here are some examples of the new percentages in action:<\/p>\n

Here you'll see the percentages in the Package View. Notice that there are percentages for the whole package and the individual promoted cards. 

\"\"<\/p>\n

In this example, removing the other two cards from the package only improves the total package by 1%. This is the kind of information that can help you make informed decisions about trading. Below is a picture of the package with the other two cards removed (63% overall bonus). This overall package percentage is dynamic and will recalculate as you add and remove other cards. <\/p>\n

\"\"<\/p>\n

Naturally, we've also added the bonus percent to the list view as well. You can see that below. <\/p>\n

\"\"<\/p>\n

Known Issue<\/span><\/h1>\n

This feature rollout is a good foundation to build on, but there are still some things that we can do improve the code—you can see some of our ideas for that here<\/a> in the \"Version Two\" section. Beyond these planned improvements, there is one known issue with the current code that you should be aware of:<\/p>\n

Changing the condition of a card does not edit the package total or percentage<\/strong> — This issue occurs in the send trade screen. <\/p>\n

The development team will be working on these bugs and expanding the feature in 2019. For more details on this feature set, you can see a detailed list of the changes in the change log<\/a>. I'll be back with another article in 2019 until then, have a great end to 2018. <\/p>\n

Thank you for reading! <\/p>\n\n\n\n
Jonathan Medina<\/strong> (@Medina_MTG<\/a>) is a casual Magic player and lover of people. He has a long history of writing for various Magic sites. He's currently the Director of PucaTrade, and a semi-regular writer at GatheringMagic.com<\/a>. You can find him on Twitter at @Medina_MTG<\/a><\/td>\n\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","status":"PUBLISHED","isBlog":"1","big_image":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/Ral_Artwork.jpg","template_id":"2","extra_id":"0","external_embed_code":"","featured_image1":"","featured_image2":"","external_link":null,"external_link_title":null,"external_link_description":null,"featured_image3":"https:\/\/pucatrade-static.s3.amazonaws.com\/uploads\/Ral_Artwork.jpg","featured_image4":null,"featured_image5":null,"name_first":"Jonathan","name_last":"Medina","nickname":"Jonathan Medina","display_name":"Jonathan Medina","code":"US","profile_image":"https:\/\/drjl681pbj9m1.cloudfront.net\/user\/2013\/11\/200\/user-image-2143.jpg","tags":[{"url":"puca","tag":"puca"}],"displayDate":"December 27, 2018","authorlink":"Jonathan Medina<\/a>"},{"id":"1236","created_at":"2018-11-12 18:18:33","updated_at":"2018-11-14 22:44:38","published_at":"2018-11-14 00:00:00","author_id":"2143","last_editor_id":"6056","title":"Development Update \u2014 November","subtitle":"","tagline":"","page_slug":"articles\/2018\/puca\/jonathan_medina\/development_update_november","page_title":"Development Update \u2014 November","body":"

Hello Puca Fam!

Today I want to dive into the Fee Restructure and talk about what you can expect from the new feature set, where we are at with the development, and where we want to go with future development.<\/p>\n

\"\"

Let's start with a recap of what to expect from the feature set:<\/p>\n

Fee Restructure Recap<\/span><\/h1>\n

The primary feature is to change the fee structure so that the promotion fee is charged only when a trade is committed. This means that you don't pay a fee for uncommitted promotions. Promotions made before the change will be marked as \"Paid\"; these will not incur a fee when they are committed.

\"\"

The other part of the core change is that the fee will be based on the total value of a given promotion, instead of the index value of the card. This will allow the fee point sink to be dynamic and rise or fall with inflation\/deflation of the PucaPoint.

As part of the consideration for the above change, we are also lowering promotion fee percentages to the following:

Common<\/strong> 7%
Uncommon<\/strong> 5%
Rare<\/strong> 3%

We intended to change the fees with the rollout of the new feature set, but some in the community have asked for this sooner. As such, the team has decided to change these fees in the final round of testing, which will begin on November 15 and continue through the end of the month.<\/p>\n

Promoting by Percent<\/span><\/h1>\n

Along with the promotion restructure, we've also built new tools to use percentages while promoting cards and viewing promotions. This is how the community was already using the platform, so we wanted to come alongside that and create tools to support it. You can set either a static value or a percent:<\/p>\n


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By default, the static value is chosen and set at the index value. You can change this to make your offer. This value will remain static and will not update automatically. <\/p>\n

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When you highlight the \"Bonus Percentage\" field, this allows you to enter a percentage, which will update your offer nightly based on the current index price. This helps you to keep your offer competitive with changing card prices.<\/p>\n

In addition to the above change we added some more tools to help with visibility of promotions and packages. This is to help members find the best value for their trade more quickly and efficiently. Here are some examples of the new percentages in action:<\/p>\n

Here you'll see the percentages in the Package View. Notice that there are percentages for the whole package and the individual promoted cards. 

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In this example, removing the other two cards from the package only improves the total package by 1%. This is the kind of information that can help you make informed decisions about trading. Below is a picture of the package with the other two cards removed (63% overall bonus). This overall package percentage is dynamic and will recalculate as you add and remove other cards. <\/p>\n

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Naturally, we've also added the bonus percent to the list view as well. You can see that below. <\/p>\n

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Where are we at?<\/strong><\/span><\/h1>\n

We're anxious to get these new tools into your hands and the bulk of the work for this feature set is done. The team is trying to nail down these final bugs before pushing out version one:<\/p>\n