People may laugh at this question π Unit economics in We3!
But in all seriousness, a startup has to make money to keep serving and growing.
Web3 Startup is no different unless it is a hobby project.
As a Web3 startup:
You need to know your revenue possibilities and cost to determine unit economics.
You may delay it.
You may use funding to figure it out.
You canβt avoid it.
Web3 offers a super opportunity due to multiple revenue models.
Web3 has a huge list of possible revenue models vs. Web2.
Web3 Revenue:
- Transaction fees
- Subscription
- Software-as-a-Service (SaaS)
- Revenue/Income sharing β Split revenue among participants/community
- Token sales β Raise Funds with your own token/NFT
- NFT Sales and Royalties: Revenue from selling non-fungible tokens (NFTs) and earning royalties from secondary sales
- Continuous funding β Raise funds on an ongoing basis with token/ NFTs. + Governance tokens
- Curved bonding β Token available in a limited quantity (like Bitcoin), then each subsequent buyer will have to pay slightly more for it
- Tokenised securities β Digital representations of existing assets