Hi All,
There have been a few questions lately around topics that are related and we wanted to address them by sharing details on where we are right now with Crystal.
In the last 2 years, we have got total donations for approximately $42.000. The donations we receive are incredibly helpful. On one end, they allows us to count on a somehow predictable income on which to base our additional investment. On an even more important end, they act as a powerful signal for the interest of the community. But those donations are still only a fraction of the costs of this effort and while we don’t intend Crystal to be a major source of revenue for Manas, we do need it to be sustainable in the long-term.
In that same period
we have clocked 3.282 hours of developer’s time (we know exactly because we use
a tool we developed for tracking our work time). If we use, for accounting purposes,
this lower bound fee for a front-end developer ($50/h) and discounted the upper bound of the industry standard profit margin (15%) we are still looking at an internal
cost of around $140.000 just in those 2 years. Costs like hosting and domains are negligible in the overall picture, so a monthly report of the usage of the donations wouldn’t make much sense. In short, it all goes to paying 1/3 of the development cost.
We have a fantastic community to which we are extremely thankful, and we know we owe an update on the Roadmap to the 1.0 we all want to see. We have spent some time putting together an estimate for what’s pending for a 1.0 release that we could be proud of, an it comes to about 1.400 additional hours. At a pace of 2x the monthly hours we are currently covering with donations (~54hs), that means another extra 14 months. That number is way longer than what we want.
In the last few weeks we have been making efforts to reaching out to a few additional supporters to try to speed that up and the initial responses have been super positive. If you know of companies that could be willing to chip-in, let us know.
If everything goes well, we should soon be able to commit to a much shorter timeline. In the meantime, we thought this quick update would improve our transparency.
Thanks again for your incredible support,
The Crystal Team at Manas.Tech