How Do Crypto Projects Generate Revenue

[Golden9]

Anyone who has done business successfully understands that effective revenue generation is the lifeblood of a long lasting business.

While a lot can be said about the utility of cryptocurrency, there are some projects that have little clarity about how they generate revenue.
Most of the block chains rely on transactions fees, so what other ways are there for them to make money?

 

[Suba]

Developers of utility tokens for example BNB coin, at the launch of the token in 2017 the price of BNB was $0.15, but now the price of BNB has shot up very high in just 6 years. The current price of BNB coin is $ 244, you can calculate for yourself how much profit you get multiplied by Circulating Supply.

 

[cherry123]

I think it is mostly from trading the coins. The higher the price , the higher the profit on the selling price. So apart from fees, the profit is always high

 

[Blessed19]

Crypto projects are generating money from presales as a lot of influencers always pump money into projects that they feel would be a good but most times a lot of projects are just pump and dump.

 

[Semi]

The common way that crypto projects generate revenue is through Initial Coin offering where they sell tokens to the general public. Another way to generate money for crypto projects is service fees.

 

[cherry123]

You are right the Initial Coin offering also helpsm they first sell tokens to the general public and money is generated The service fees is . another way to generate money for crypto projects

 

[timewo]

From the information available, it appears that they are making money trading, staking and mining. Though most people claim that crypto is risky, for domain investors like me, it appears far less risky than investing in domains .

 

[Bisolami]

I think it is mostly from trading the coins. The higher the price , the higher the profit on the selling price. So apart from fees, the profit is always high

Ooh I get it now but do they need to have a lot of money before they can create the coin or a lot of money is not needed. I believe that since they own the coin, they should not be spending a lot of money

 

[cherry123]

I don't think they spend that much for the creation of the coin. I think this is why they start out selling at a cheaper rate before moving high with it

 

[Bisolami]

I don't think they spend that much for the creation of the coin. I think this is why they start out selling at a cheaper rate before moving high with it

Ooh that is another point. There are some coins that were listed for about $0.005 when they began and now it is worth a lot of money. It is just like when BTC arrived

 

[Stardom22]

I think the Crypto projects gets their revenue through trading the Crypto assets. Also they can earn from revenue from the ads being aired on the websites for advertising and stuffs like that.

 

[oldbuddy]

Almost every website I see promoting these coins is also showing Crypto related advertising, which adds to their income without them doing anything else. The more popular their website becomes, the more advertising revenue they can generate.

 

[Bisolami]

I think the Crypto projects gets their revenue through trading the Crypto assets. Also they can earn from revenue from the ads being aired on the websites for advertising and stuffs like that.

Really?
Do you think I will own a cryptocurrency and the only way I can make money from it is by trading. Why can't I even take as many coins as possible when I own the currency?
It seems confusing to me

 

[Smalto]

I

Anyone who has done business successfully understands that effective revenue generation is the lifeblood of a long lasting business.

While a lot can be said about the utility of cryptocurrency, there are some projects that have little clarity about how they generate revenue.
Most of the block chains rely on transactions fees, so what other ways are there for them to make money?

Think in my own little knowledge, aside from generating revenue from transaction fees, people still tend to troop in their numbers, thereby making it voluminous and more people getting to acquire it and also if the Crypto currency has a valuable use case, that can also be one major factor that will make it generate massive revenue.

 

[Golden9]

A high number of users translates to more transactions and thus more fees. High volume is also one indicator of a good projects for investors, especially when it results in an increase in the Total Value Locked