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2.4 Is Blockchain Business Ecosystem Profitable?

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As for blockchain entrepreneurs and developers to make profit is a straight path—in the hope that their project will work out and value of their assets will increase by keeping some parts of the token as equity share combined with liquidity of their tokens as return of their reward. It’s not simple to understand though how they cover the costs. At the initial stage, the investors get the crypto assets at low prices. Many of the crypto assets developers and entrepreneurs hold an Initial coin offering to crowd fund their project. In this way, developer gets sufficient amount to cover the costs.

Revenue can be earned by any one of the following:-

1 By charging network fee for using network or gas fee.

2 Value of dapp increases with the increase in the number of users implies token may up in price. A utility token can be traded within the network. For example, in video games digital currency which help in accessing the game is taken to be as utility token which helps in buying game materials, and can be traded.

3 By selling technology to a higher business like previously mentioned media chain blockchain acquired by Spotify.

Blockchain for Business

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