Euphesta

Revenue

 

Revenue and Expenses

Eupheteers and Euphegeeks pay $10/year to make use of Eugene for Android in free-form mode. The free-form versions of Eugene for Android and iOS are closed source. All other versions of Eugene are open source.

Hosting Fees

Euphegeeks must pay hosting fees for bandwidth (in GBs) and memory usage (in mega-nodes). Below a bandwidth/memory usage threshold of T or T', respectively, hosting is free. For bandwidth usage of TR^N and memory usage of T'(R')^N', the monthly hosting fee is H plus H', where:

H = $10(N + 1) and H' = $5(N' + 1)

The values of R and R' are initially set to 4, but may vary from quarter to quarter. Also the values of T and T' may vary from time to time. The N and N' values are always non-negative integers.

Contributors

All contributors to the development of Euphegram and Euphesta fall into 4 classes. Class 1 includes the founder and the angel investor, who each receive 10 percent of equity. Class 2 includes serious contributors. The maximum number of Class 2 Members is 10, and they each receive an equal share of 30 percent of equity. Class 3 includes anyone who fixes at least one bug or implements at least one feature, and that feature is included in a production version of Euphegram. Class 4 includes anyone who discovers a bug or suggests a feature which is included in a production version of Euphegram. Trivial bugs/features such as typos and color changes don't count. Each Class 3 Member receives twice the equity of a Class 4 Member. The union of the sets of Class 3 and Class 4 Members receives at least 50 percent of equity.

No contributor can receive more than 10 percent of equity, unless there are fewer than 10 contributors, in which case each contributor receives an equal share of equity. In case each Class 3 Member receives more than a Class 2 Member, then the amount of equity of the Class 2 Members is increased beyond 30 percent, so that all Class 2 and 3 Members receive the same amount of equity. In case no angel investor is found, the founder receives 20 percent of equity. Each contributor receives a share of the profits in a given quarter equal to the amount of equity they possess.

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