Some other crypto projects that have been received well in the community include Iconomi and Gnosis.
Iconomi take the fees for using their service of providing an index of crypto (like the Dow) that autobalances, along with other sources of revenue. With those fees accrued they then buy back the token, ICN and burn them, reducing the supply and increasing the value of the remaining tokens.
Gnosis is planning a similar 'vesting' mechanism to Steemit. They are releasing a further token called WIZ based on the fees that their service (prediction markets) generate.
Does Steemit Inc have any plans to provide something similar whereby the token will appreciate due to revenue. Some kind of fee for third-party apps or advertising?
Where the increase in users will not only benefit market cap, but also revenue generation. Rather than be an increasing liability in the amount of investment required to sustain the reward pool?
Thanks :)
I believe I commented on this somewhere here:
Take all the operations of the Steem blockchain: account creation; transfers, etc. Suppose a fee were added to the operation -- that would create revenue. Creating revenue at the application layer (ie. advertisements) for the blockchain layer is a more challenging matter.
what if... add fee to each transfer of STEEM, but leave SBD transfers without fees?
What about a smart contract splitting revenue. Something similar to what busy wants to implement using steem connect?
Like an eBay for Steemit where the app developer takes a % and another amount is sent to the null account?
Entirely possible with the blockchain, no?