Revenue Streams
There are four primary revenue streams:
- 1.There will be a transaction fee charged on all smart contracts and dApps deployed from Forward Factory. For example, if someone uses a smart contract from the library, Forward Protocol will charge a small fee for every transaction they complete (decided by the DAO).
- 2.Every transaction on the Forward Chain attracts a transaction fee which will be covered with $FORWARD (once Forward Chain is live on the mainnet).
- 3.When a blockchain or subnet is deployed, there will be a fixed cost incurred for the deployment and an annual renewal cost paid in $FORWARD.
- 4.Commission from the fees that a developer sets in the form of a fixed deployment fee, a monthly/annual fee, a transaction fee, or a percentage of the transaction fee (like App Store or Play Store).
All smart contracts will first attempt to deduct fees from the integrating platform's pre-purchased token pool, otherwise they will acquire tokens from the open market as necessary to fulfill the transaction.
Last modified 6mo ago