Current Revenue Streams
Superlocal will be run using a Social-as-a-Service model. We will introduce features that allow us to monetize by selling digital real estate, in-app consumables, and more. We will also collect fees when users resell NFTs minted on Superlocal smart contracts. We will avoid having an ad network, but are also open to exploring innovative ways to promote supporting local businesses (such as allowing businesses to create collectible NFTs that offer benefits to holders).
Initially, these will be the fees taken on Superlocal:
- A minting fee, paid in Ethereum, for minting NFTs.
- A 10% royalty fee taken from successful reselling of Superlocal NFT assets.