Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

streaming money examples #12

Open
wants to merge 7 commits into
base: master
Choose a base branch
from
Open
Show file tree
Hide file tree
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
95 changes: 94 additions & 1 deletion README.md
Original file line number Diff line number Diff line change
@@ -1 +1,94 @@
This repo is deprecated, and the source of truth is now at [https://github.com/FEMBusinessModelsRing/web3_revenue_primitives]
# Web 3 Revenue Primitives

<img src='imgs/coins.png'>

*Core primitives* are a set of concepts that are innately understood but cannot be expressed in simpler terms.

This repository is an attempt at list of *web3 revenue primitives*, created by, for, and at [ETHMagicians Prague 2018 by the business models ring](https://hackmd.io/DaJhrasLQteUk3IwX5bQAg?view#8-Business-Models-Ring).

[Notes from Business Models Ring at Eth Magicians, the first session which convened on 2018/10/29, are here](https://hackmd.io/W11KX6Y9R3idXXhN2tHFzA).

## TOC

- [Web 3 Revenue Primitives](#web-3-revenue-primitives)
* [Marketplace Percentage Fee](#marketplace-percentage-fee)
* [ICOS](#icos)
* [Continous Funding Models](#continous-funding-models)
* [Streaming Money](#streaming-money)
* [Subscriptions](#subscriptions)
* [Questionable / Possible Ponzi Schemes](#questionable---possible-ponzi-schemes)
- [What did we miss?](#what-did-we-miss-)


## Marketplace Percentage Fee

This model is where you take a % of each trsanction on your platform. It is popular with exchanges.

## ICOS

Sell a bunch of ERC20 tokens at once, or during a window of time.

Some popular ICO models:

* [Security Token Offerings](https://blockgeeks.com/guides/security-tokens/)
* [Interactive ICO](https://medium.com/legal-block/interactive-coin-offering-a-token-distribution-alternative-model-or-the-new-face-of-the-ipos-61eee71e75ef)
* [Initial Supply Auction](https://medium.com/@MetronomeToken/metronomes-initial-supply-auction-quick-glance-price-chart-c9132595871e)
* [Simple Agreement for Future Tokens](https://medium.com/@argongroup/explaining-the-simple-agreement-for-future-tokens-framework-15d5e7543323)
* [Cryptocurrency Airdrop](https://en.wikipedia.org/wiki/Airdrop_(cryptocurrency))

Types of tokens:

* [Utility Token](https://medium.com/coinmonks/utility-tokens-a-general-understanding-f6a5f9699cc0)
* [Equity/Security Token](https://blockgeeks.com/guides/security-tokens/)
* [Currency Token](https://cryptocurrencyfacts.com/what-is-a-cryptocurrency-token/)
* [Reward Token](https://bitcoinexchangeguide.com/rewards-token-ico/)
* [Asset Token](https://medium.com/pecunio/the-rise-of-asset-backed-tokens-90570438261c)

## Continous Funding Models

Sell a bunch of ERC20 tokens *over time*.

* [Continuous Organizations](https://medium.com/@thibauld/introducing-continuous-organizations-22ad9d1f63b7?_branch_match_id=578515516036471346)
* [Curved Bonding](https://medium.com/@simondlr/tokens-2-0-curved-token-bonding-in-curation-markets-1764a2e0bee5)

## Streaming Money

TODO: Add some information about State Channels.

* [Spankchain](https://spankchain.com/)

## Non Fungible Tokens

Non fungible tokens are tokens that are unique from one another

Famous NFT projects:

* [CryptoKitties](https://medium.com/@codetractio/a-look-into-cryptokitties-revenue-model-6466b705a998)
* [OpenSea NFT marketplace](http://opensea.io)

## Subscriptions

Subscriptions are a recurring exchange of value over time.

* [EIP 1337](https://github.com/ethereum/EIPs/pull/1337)
* [1337 Alliance](https://1337alliance.com)

## Questionable / Possible Ponzi Schemes

TODO - What else should live here?

* [Fomo3d](https://medium.com/@eetusro/i-note-this-is-fin-e-6646f4a1e55b)

### Rent

* [Determining a fair rent model of ENS](https://discuss.ens.domains/t/determining-a-fair-rent-model/603) = NOTE: At ENS, the purpose of the rent is to avoid squatters rather than making profit

# What did we miss?

Coming to Prague this October? [Join us on the business model ring at ETHMagicians 2018](https://hackmd.io/DaJhrasLQteUk3IwX5bQAg?view#8-Business-Models-Ring)

Remote? [Open an issue and let us know](https://github.com/owocki/web3_revenue_primitives/issues/new), or, even better, [open up a PR](https://github.com/owocki/web3_revenue_primitives/compare).

<!-- Google Analytics -->
<img src='https://ga-beacon.appspot.com/UA-1014419-15/owocki/web3_revenue_primitives' style='width:1px; height:1px;' >

19 changes: 19 additions & 0 deletions streaming money examples.md
Original file line number Diff line number Diff line change
@@ -0,0 +1,19 @@
Streaming money examples

1). LiveJasmin
LiveJasmin is an important adult live streaming site, has officially announced that it would start a collaboration with PumaPay, a blockchain project that is focused on creating its own billing infrastructure protocol. The partnership will let LiveJasmin use the PullPayment Protocol to receive payments in the form of crypto from the users.
Basically, this new technology can be used to enable recurring payments and to let users pay subscriptions with cryptos to ensure their anonymity, something that can be very valuable when you are working with this type of industry.
2). Tube8.com
Tube8 has announced plans to tokenize its platform and reward content viewers with cryptocurrency.
Adult entertainment streaming website Tube8, owned Pornhub’s parent company MindGeek, has partnered with crypto and blockchain provider Vice Industry Token (VIT) to tokenize its platform and reward content viewers with digital currency.
The agreement, first announced by Hard Fork and confirmed by Vice Industry Token via its Twitter profile, will see Tube8 implementing VIT into its ecosystem before the end of 2018.
According to Tube8 spokesperson Robin Turner, both companies aim “to [expand] their user bases and [increase] engagement with their respective products through [this] collaboration.” He added that the move represents “a paradigm shift” in the way people consume adult entertainment.
3. livestars.io
Live Stars is a fundamentally new platform with different business-model, based on the automation of processes.
With the growing popularity of today's adult entertainment Aleksander Kansky and some of his colleagues created the idea of ​​creating live or live star platforms, live star is a newly released webcam platform, which has been using blockchain technology, this live star has the main purpose of developing project is much more profitable. Using blockchain-based technology will provide transactions that are faster, transparent, open and certainly not centralized.
As a legal platform the webcam platform can approve contracts with the model as its workers and determine which web rates are worthy of credit and keep the license terms with their control. Many staff support platform activities, these staff are divided into several subdivisions :
The payment receipt department is responsible for checking all transactions
The model verification department is responsible for checking the model, and providing technical support
Marketing department and much more
This platform requires the cost to process a lot of information and requests manually and scheduled over time. To cover this cost the platform must request a substantial reward from the payout, an average of 60%, so if the user has token value of 100USD and has sent this amount to the model, then he will only get 40 USD. High and low commissions vary widely ranging from 50% to even up to 80%, but the platform that determines.
Integration of smart-contracts into business-logic and the financial segment of the platform provides more efficient, secure, and convenient communication between users, models, and the platform.