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Topic: Ethereum revenue model (Read 102 times)
hello all,
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
What company?
Ethereum is a blockchain, and except for Vitalik and his mall rates, there's no company. There's no revenue model.
hello all,
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
Ethereum is not a company which itself a product so anyone who wants to earn it can earn via mining it right now or you can do trading to make more ethereum. Pre mined coins like tokens are the one you talking about but ethereum is a coin not a token mean while thousands of project running on ethereum network which makes profits by selling their created tokens to investors. i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
hello all,
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
I think the transaction is much more profitable than selling the product, considering that more people make transactions, with the reason that the transaction benefits both parties, here the profits can be obtained together, while the product only benefits the owner, even though the buyer also gets but not maximum, but that's the process of turning it around, meaning that everyone will make a big profit and some will have a little profit
In my opinion, Ethereum is a masterpiece. So it's clear that the originators of Ethereum are profiting from the work. But it's worth noting, Ethereum is just a network to make transactions easier.
The way Ethereum works is pretty much the same as the others.
The way Ethereum works is pretty much the same as the others.
hello all,
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
I think both of those things they benefit, big transactions then the profit for them is much greater, while technology their income is much less considering the amount of technology depends on how much people use, if the use of technology is large and a lot then their income is also getting bigger, so in my view
Ethereum isn't a company that sells a product. It's a network made by Vitalik and with his other co founders.
The same as the other projects, they have dedicated amount of Ethereum to themselves and that's how they've made money from it. When they've raised the value of it then the Eth's that they've held.
I was just going to say that before I decided to go through the comments to see whether someone has said it or not, and here it is. This is how the founding members of a cryptocurrency usually make their own money from it. When they create the cryptocurrency they mine to an amount that they are okay with and then they store it in their wallet and when the project becomes a success and the value increases, they make their money.The same as the other projects, they have dedicated amount of Ethereum to themselves and that's how they've made money from it. When they've raised the value of it then the Eth's that they've held.
It’s just like Satoshi Nakamoto that owns an address with around one million bitcoins. That’s worth billions of dollars at the current rate. So assuming he decides to withdraw it, which most of the other crypto founders has done, that’s how he’s going to make his own money.
Ethereum isn't a company that sells a product. It's a network made by Vitalik and with his other co founders.
The same as the other projects, they have dedicated amount of Ethereum to themselves and that's how they've made money from it. When they've raised the value of it then the Eth's that they've held.
Got a huge value too.
Wait for the PoS transition of Eth so you can make money just by staking it.
The same as the other projects, they have dedicated amount of Ethereum to themselves and that's how they've made money from it. When they've raised the value of it then the Eth's that they've held.
Got a huge value too.
Wait for the PoS transition of Eth so you can make money just by staking it.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
It's not a company that sells tech to other companies or consumers.Read this article about Decentralized Autonomous Organization or DAO for short https://ethereum.org/en/dao/
Next is read about Ethereum mining under POW https://ethereum.org/en/developers/docs/consensus-mechanisms/pow/mining/
and then Ethereum 2.0's staking https://ethereum.org/en/eth2/staking/
Ethereum organization started a public fundraising before in case you're wondering where they got their money to start this project.
If you want to understand the Cryptocurrency Network better, just see it as a Country or autonomous Nation with its own currency and many businesses, companies, organisations etc building ontop of it.
You can setup your business on the Network, participate as a transaction validator and get paid. If the businesses or applications on the Network succeed, the Network succeeds. In ideal Crypto Network,every useful contribution get incentivized to make the network selfsustaining and really independent.
It's more than a company actually.
You can setup your business on the Network, participate as a transaction validator and get paid. If the businesses or applications on the Network succeed, the Network succeeds. In ideal Crypto Network,every useful contribution get incentivized to make the network selfsustaining and really independent.
It's more than a company actually.
hello all,
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
i was wondering how the revenue model of ethereum works.
Does the company make a profit from transaction that happen or from technology that the company sells or something else entirely?
kind regards
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