Monetization methods and the benefits for $SHUB holders
We want to show you the potential monetization methods for our platform in the future and the benefits they will bring to our token holders. We will also explain how the bot can be monetized.
Platform monetization
Let’s begin with the understanding that the project will not depend on taxes, only at the beginning. As we move forward, the platform will have the capability to generate its own revenue. Initially, the focus will be on attracting users and then the platform will become self-sustaining through these users by displaying advertisements, implementing developer fees in later stages and more. Users will naturally promote the platform and there may be various collaborations and partnerships that won’t necessitate any payment.
Let’s go through everything step by step.
On the platform, there are banners in each section, currently 1–2 and in the future, we will optimize the space and I believe there will be the possibility to add more banners.
There will be an opportunity to purchase space in the top news section on the main screen. If the platform’s traffic is high, this has the potential to generate substantial revenue.
Also, on the main screen there is a ‘Top 5 Tools’ section that showcases the best tools used by platform users on a daily basis. In this section you will have the opportunity to purchase advertising space for your tool. Naturally, it won’t be possible to simply pay and showcase anything there. The project will undergo careful scrutiny. The tool should be useful and fully functional.
Here’s how the promoted tool will look like:
We also don’t exclude the possibility of adding a hot section for tokens on the main screen.
Beyond the main screen, each page of the platform has the potential for monetization. For instance, initially, adding your tools and bots to the platform will be free as well as developers listing their services. However, in the future to add their own utilities or services, they will need to either be SHUB token holders or subscribe to a pricing plan that we will introduce at a later stage. Either way, this is a benefit for our token holders since they will either receive revenue or see the price increase. For advertisers, this will bring in a lot of new eyes and for us it’s a win in terms of revenue and adding new content to the platform.
Now let’s discuss how the platform can sustain itself independently even without taxes.
First and foremost, we will engage in barter advertising with other projects. Given the abundance of diverse trustworthy tools on our platform the opportunities for growth are virtually limitless. There are also numerous possibilities for collaborations and adding new pages to the platform.
As we mentioned earlier, we will allow users to upload their own videos to the SimpleHub CryptoWiki from YouTube or other video platforms. The video’s author will need to confirm ownership. Subsequently, the video will undergo verification and if approved, it will be featured as educational content in our CryptoWiki. This approach will expand our reach, as content creators will be required to include a link to our project beneath their videos. In return, they will have the ability to share their educational or analytical videos on our platform. It’s a win-win situation.
The platform will gradually grow, even without the need for constant promotion and along with it the SHUB price will also increase as well as revenue for token holders.
Bor monetization
You’ve probably seen other bots and their monetization possibilities, and we will offer all of that and even more. This includes features like sending broadcasts within the bot, promoting projects through ad placements in buttons and charge a commission from developers.
With help of bot, users can simply input their requests and receive responses in the form of links to relevant resources. This will save a significant amount of time for those seeking quick access to information. Initially, all of these services will be offered for free, but we do have plans to introduce a paid version in the future.
In the paid version, developers (of contracts, websites, bots, and more) will have the opportunity to showcase their profiles, while influencers can provide their information. Users will then be able to access these resources for a reasonable fee. As we progress, there are many additional features that we can incorporate into the bot, it can have more functions than just serving as a bridge between the platform and Telegram.
It’s too early to discuss the bot in detail as it will only be introduced once the platform is ready. However, it will undoubtedly bring significant benefits to token holders and the project as a whole.
Benefits for holders
As you already know, 100% of the revenue generated by the platform will be distributed to SHUB token holders in proportion to the number of tokens in their wallet. Maintaining the platform will be sustainable through taxes and all the methods described above which will continue to be added as the platform develops.
While this project is not a quick undertaking and will require substantial effort, it has the potential to revolutionize the crypto space. We hope you understand the potential of what we’re creating here.
This article will be gradually edited and we will be adding new ideas that can potentially be applied to the project.