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Why is this a subscription pricing model?.. if all the data is stored on peers Space Monkeys, then the only ongoing cost of keeping it running is electricity for the unit and bandwidth for the connection.

Unless it's a way to draw out more money over time from the user?

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Yeah, Space Monkey is a business, and we hope to be able to make at least some money off the whole deal in the end.

But also yes, there are nontrivial ongoing costs to keeping the network working and working right. For example, we need dedicated online servers to allow NATted devices to talk to each other, coordinate storage use, and deploy security patches and bugfixes, and we want to add more features over time.

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