Business and Revenue Model
Last updated
Last updated
Web3 protocols are simply businesses at their core, and businesses sail with revenue.
Even though firms and angels backed Zodium, we still wanted to be a self-sustaining protocol that is generating revenues from its operations.
Hence, 2 revenue channels were charted with more to come in the future.
Selling In-game Assets & NFTs
The games in the Charis ecosystem are based on Zodiac NFTs. The protocol created and minted these NFTs for sale, which is available at the marketplace.
This is a primary revenue source for the protocol. In turn, the users can also sell their NFTs to others in the marketplace.
This way, both the protocol and the users are earning from the NFTs, thereby making it equally rewarding.
Trading Fees
The gamers take trading actions on the protocol, such as selling NFTs.For each sale, the protocol gets a minute percentage of allocation.
While the allocations might be inconsequential on individual transactions, they become a bit sizeable with time and as the protocol grows.
Charis Staking
Charis Token functions as the primary medium of exchange and value transfer within the Zodium Verse ecosystem. It enables users to access various services, participate in governance decisions, and unlock exclusive privileges within the platform. As the native token, Charis plays a pivotal role in driving ecosystem growth and fostering user engagement. Staking Mechanism: Staking $Charis Token involves participants locking up a certain amount of tokens in a designated smart contract for a specified period. By staking Charis, users contribute to the zodi protocol network's security and consensus mechanism, thereby earning rewards in the form of additional Charis tokens.