Hi all; Kevin from Gitcoin here.
I’m announcing the formation of a business models ring. You can sign up for it here: https://hackmd.io/DaJhrasLQteUk3IwX5bQAg?view#8-Business-Models-Ring
Why: I believe that finding sustainable business models is a very important thing to the long term health of this ecosystem. Also, I’m trying to figure out the business model for Gitcoin
Like many others in the ecosystem, I was not excited about doing an ICO for our project. There have got to be other business models out there that do a better job of aligning the interests of end-users and dapp founders.
Some early ones I’m excited about:
- state channels / streaming money
I believe that we are building a world financial computer, which will eventually have dozens of use cases – and that tokens are just the first one. It’s hard to imagine what those are going to be (can you imagine sending an e-mail in the year 1985?), but I think it’s safe to say that there will be novel uses of the world financial computer that we’ve not yet thought of yet. And I believe they will be used with 10x or 100x the volume of that financial instruments we use today (just like we send 100x more emails than we do snail-mail today).
This ring’s objective* will be to map out various emergent business models for dapps, their pros/cons, and to publish this research for the good of the ecosytem.
* all of this is a proposal, and is subject to creating consensus within the ring.