Financial Transparency
Registry Economics
.cube operates on the principle that infrastructure finances should be visible. Every number here is real or clearly marked as a placeholder.
Unit Economics
LTV Projected
$60
wholesale / (1 − renewal_rate)
At $18 wholesale, 70% renewal rate
✓ Healthy
CAC Placeholder
$5
marketing_spend / new_registrations
Estimated; no paid acquisition yet
✓ Projected healthy
LTV / CAC Projected
12×
ltv / cac
Industry healthy: >3×. At 12×, strong unit economics.
✓ Healthy
GMPP Projected
88.9%
(wholesale − variable_cost) / wholesale
At $18 wholesale, $2 variable cost
✓ Healthy
Break-Even Calculator
Adjust inputs to explore break-even scenarios. All computation is client-side.
Inputs
Outputs
- Break-even domains
- 4,839
- Break-even revenue
- $87,097
- LTV at renewal rate
- $60.00
- Margin at 10,000 domains
- $95,250
Red zone: below break-even. Green zone: above break-even. Dashed line: break-even threshold.
Sensitivity Analysis
Which assumptions matter most?
Coming when registry launches| Variable | Impact (years to break-even) |
|---|---|
| Renewal rate | ±3.5 |
| Wholesale price | ±2.0 |
| New registration growth | ±1.5 |
| Time to delegation | ±1.0 |
| RSP cost | ±0.5 |
Cost Structure Decomposition
| Cost Item | Type | Annual Amount | Status |
|---|---|---|---|
| ICANN annual fee | Fixed | $25,750 | Known |
| RSP backend | Semi-variable | $30,000–$45,000 | Estimate |
| Data escrow | Variable | $3,000–$6,000 | Estimate |
| Legal/compliance | Fixed | $8,000–$15,000 | Estimate |
| Marketing/outreach | Semi-variable | $5,000–$20,000 | Placeholder |
| Operations | Fixed | $2,000–$5,000 | Estimate |
See also: Sustainability model · Grant pipeline · Fleet operating costs
Open books. Real math.