How to Monetize your DeFi DApps Development?

The main goal of every Cryptopreneurs and startup is to earn income after developing their own DeFi DApps. Here is the list of how you can make money from your DeFi DApps efficiently.

ICO and Token Launch

Launching a Token & ICO is the essential attribute of generating income from DApps. It is funding it with a token and set it forward for crowd sale. This crowdfunding technique implies that your token will render profit to the token holders.
A great example is Non-Fungible Tokens (NFT). Currently, this token plays a substantial role in the cryptosphere.

Charging Transaction Fees

Charging a specific amount of transaction fee is useful in DApps monetization. This transaction fee process has been verified to be valuable for DApps like CryptoKitties.

Assure that you are charging a valid transaction amount in your DeFi DApp. Otherwise, somebody will replicate your smart contract and publicize a version of it with lower fees or no fees at all.

Premium Functionality Charging

Some Traditional applications are in the freemium model. So that, they can earn and provide all essential services for free. Other cutting-edge features may be chargeable. Same like, Gaming DApp also uses this same functionality.

Subscription/Membership

You can Monetize your DeFi DApp Development with the help of adding a Subscription or Membership program to your contacts. You can specify specific features to your subscribers. Membership duration in your DeFi DApp can be usage-based or duration-based and monthly access.

Advertisements

Since we are looking into DApps, Advertisements are less familiar in the DeFi Ecosystem. Estimating the popularity of Traditional apps, you can surely go for it. Many brand ambassadors determine their brand to advertise in DeFi DApps and make a lucrative yield on it.