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On This Day in F1: February 7th

Present: Alpine Car Launch

History: 1960 Argentine Grand Prix

February 7, 2024 marks the Alpine car launch. With almost a month of teasing a pink camo livery, there were high hopes. But alas, all F1 teams disappoint.

Instead they launched a car that is almost all bare carbon fibre with some parts that are pink and blue. But this is the actual A524 and not the A523 with the 2024 livery slapped on it, so that’s a bonus.

Additionally Pierre Gasly turned 28 today.

64 years ago, in 1960, the Argentine Grand Prix took place in Buenos Aires at the Autodromo Municipal Ciudad de Buenos Aires. It was the first race of the 1960 season.

Stirling Moss started the race on pole position, but had to retire his car due to a suspension issue on lap 1. He went onto share a drive with Maurice Trintignant. The two placed 3rd, but received no points for their shared drive due to the regulations at the time.

Cliff Allison finished 2nd while driving for Ferrari and at no point did he lead the race. This was his first and only podium, as well as the last of his 3 point finishes during his Formula 1 career.

Bruce McLaren won the Grand Prix. It was his second consecutive victory after winning his first ever Grand Prix at the last race of the 1959 season — Sebring.

The 1960 Argentine Grand Prix was the last race for Ferrari’s first ever win in a Formula 1 World Championship — José Froilán González.

_____________

Previous: Feb. 5th — Caterham Announces Auction

Next: Feb. 8th - Visa Cash App RB Car Launch

On This Day in F1 Masterlist

Some Housekeeping: Due to time zones and the Visa Cash App RB Car Launch being set for night time in Vegas, I will not be posting the On This Day in F1 for Feb. 8th until Feb. 9th EST

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[undeadorion-archive]

Do Not Participate in Tapas Inksgiving

Their practices and policies are more akin to micro-transactions in video games, and use the same deceptive pricing structure. But it's even worse because they use the veil of "supporting artists" to get you to overlook the problems. They turn around and weaponize that as "you'll hurt the artists" if you criticize the company.

Several years ago, I tracked down and calculated exactly what Tapas is getting and how much artists are getting and it's worse than I realized. Nothing has changed since then, despite promises to change the language around Ink.

This started in November 2019 and the conversation on the forums lasted until April of the following year. And it's still a problem.

Here are the prices you pay when you buy Ink:

What I found extremely strange was the "bonus" values. Why is it 4000 + 1000 and not just 5000 for $5? Because that's part of the deceptive, predatory micro transaction behavior. You'd be able to easily figure out 5000 ink for $5 is 10 ink for every penny. But it also shows their hand a bit. If you take away the "bonus" ink, the math becomes a lot easier. It's 800 ink for every $1, or 8 per penny.

Seeing that, I plugged in all the values into a spreadsheet:

Purchase amounts were rounded up by 1 penny make the math a little easier.

Now, what's that actual value? Well, I did a bit of an experiment. I created a burner account, purchased $2 worth of ink (the 1600 tier) and sent it to my main account. What arrived was valued at $1.33 before any fees were taken out. Well, that's strange. If I paid $2, and there's fees taken by Tapas at the end, shouldn't it still be $2? Where'd that $0.67 go?!

I'll get to that in a moment, but let's look at those fees for a moment. These are what they were back in 2019/2020, but they revoked my access to my ink dashboard so I can't verify if they're still the same, but this is what my math was based on:

How it works is they take the transaction fee out, depending on where the ink was purchased. Now keep that in mind, these are taken out at the cash out stage. If the ink was purchased via an app, it's 30% but via the website it's 15%. After that, Tapas takes their cut. If it's donated from users that's another 15%. But if the ink came from ad revenue (yes, they pay in their internal currency), it's 30%, though they don't take the transaction fee from that.

So how does that work out? Let's say you buy $10 worth of ink, the "most popular" tier, and give it to a single artist. That's 10,500 ink total. This is a quick summary of what happens to that $10.

Now, let's look at what happens to that $10 that turns magically into $8.70 somehow when an artist tries to cash out, accounting for either web purchase or app purchase:

So in both cases, $1.30 (13%) goes immediately into Tapas' pocket. Yes, that's almost as high as the share they take later. No, it doesn't figure into that fee. In fact, this "mystery" fee that I've labeled "Transaction Loss" is not documented anywhere on the website, and most people will refuse even exists (including staff members), but I've had these values confirmed officially (I'll get to that further down).

After the transaction loss, they take the "transaction fee", which varies by platform. That's $1.31 or $2.61 lost. Out of what's left, Tapas takes their 15%.

What started as $10 on the web is now $6.29. That's $3.71 lost or 37%. But if purchased through an app, it's now only $5.18. A loss of $4.82 or 48%.

What's even worse, is artists can't cash out until they reach $25 after fees. It's not as clear to work out what that would be at purchase due to the convoluted tiers, but it takes 41,600 ink for an artist to get $25.

The lowest amount paid up front to give an artist $25 is actually $40 (buy 2 of the $20 tiers). The most expensive is $52, requiring 26 packs of the $2 tier (excluding the "one time offer"). If you were feeling absurdly generous, and purchased the $50 tier and gave all of it to an artist, at cash out they'd have $36.13 if you purchased through the site and only $29.75 if purchased through an app.

Something important to note is that the 30% fee is enforced by the app stores. But any other decent company is up front about that fact and simply charge more to the user when making said purchase. Most notable is Twitch Bits and YouTube Premium. Both are cheaper when purchasing through a browser.

My original issue was with the change in value. The staff speaking on it said tracking the original price was impossible and they wanted to be able to offer "deals" to their users.

Well, if that's the case, how can they possibly know where ink was purchased after it was transferred to an artist, if they can't track what was originally paid for it? At the time, I had zero programming knowledge. Now I can call utter fucking bullshit on that. It's not an amorphous pool. Every single transaction has a database entry. Those entries have values attached. This includes original price and purchase location. This is made even more obvious by the reports that will show in the dashboard of how much you are given by each donor. So the value change is completely BY DESIGN.

Now, let's get to the validation of my calculations of $1 = 1200 ink after purchase.

This is the very last message received from Michael Son, then Senior Editor in Chief now VP of Content. Text reads:

I apologize again - I haven't been keeping up with this topic due to the number of notifications hitting my inbox. I will review the ongoing discussions and respond early next next to clarify questions in regards to the deployment of the new dashboard language ($0.01 = 12 Ink) when hovering over the revenue coach marks. edit: waiting on approvals from other teams. will have some updates later.

After this, the thread was closed and I never heard another word from him. By this point, my access to the dashboard was revoked, so I could not confirm if this change ever actually happened.

This was not the first confirmation I received. Earlier in the thread, Yoon Kim (Chief Technical Officer) confirmed a lot of details mentioned here. Including the strange claim that they couldn't account for how much someone paid to buy the initial ink. Which is a flat out fucking lie.

Don't buy tapas Ink. Give directly to artist, instead. Tapas is using deceptive practices (and blatant lies) to obfuscate the process so they can take anywhere from a third to half of every dollar you try to give creators. Even the numbers assigned for ink is deceptive. On twitch it's easy, 100 bits = $1 to the creator, while you the user pays slightly more than $1 per 100 to account for fees. It's easy math to do in the moment. But calculating 1200 ink = $1 isn't nearly as intuitive.

This whole system is by design.

People love to treat Tapas like this itty bitty company run like Comic Fury. Like it's just a small team working in their free time. I got a lot of "leave them alone, it's the holidays" comments. They're a multi-national company with offices in at least 2 countries. They have investors. They were relatively recently purchased by a massive Korean media conglomerate. They are in no way a tiny company surviving on meager donations from users. They're taking well intentioned money just because they can.

Don't buy tapas ink. They're stealing your money.

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