# A simple product proposal. Part 1 (Name TBD) \*\*Update\*\*

**URL:** <https://gov.indexcoop.com/t/a-simple-product-proposal-part-1-name-tbd-update/2087>\
**Category:** Uncategorized\
**Created:** [26 July 2021 14:18 UTC](https://gov.indexcoop.com/t/a-simple-product-proposal-part-1-name-tbd-update/2087 "2021-07-26T14:18:56Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![Thomas\_Hepner](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/thomas_hepner/32/111_2.png) [@Thomas\_Hepner](https://gov.indexcoop.com/u/Thomas_Hepner)\
**Post date:** [14 September 2021 22:27 UTC](https://gov.indexcoop.com/t/a-simple-product-proposal-part-1-name-tbd-update/2087/8 "2021-09-14T22:27:38Z")

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> [@MrMadila](#):
>
> - Expense ratio (Streaming fee): 2.5%
> - NAV: Historic average = somewhere between 10% premium and wtaf (seriously, take a look on the link^)

Reminds me of one of my favorite quotes from Jeff Bezos: “_Your margin is my opportunity._”

> [@MrMadila](#):
>
> Not permissionless: Imagine taking 2-5 business days to mint DPI! Using… PAPERWORK?!
> 
> ![image](https://canada1.discourse-cdn.com/flex027/uploads/theindexdao/original/2X/0/0d79ed7a3374206c898b2f06d99b2284aa991ecf.png)

It is also limited to accredited investors, individuals with \>$1m net worth, so it excludes nearly 9 out of 10 people in the United States, the richest country on earth, let alone people from the rest of the world.

Index Cooperative can do much better.

> [@A Proposed Product Philosophy](https://gov.indexcoop.com/t/a-proposed-product-philosophy/724/1):
>
> We create assets that make finance accessible.

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_[View the full topic](https://gov.indexcoop.com/t/a-simple-product-proposal-part-1-name-tbd-update/2087)._