Productive Fees : Valuable Protocols / Extractive Fees : Valuable Companies
by Jesse Walden
added by Joey DeBruin ยท updated 1y ago
by Jesse Walden
added by Joey DeBruin ยท updated 1y ago
Instead, an optimal equilibrium may be 1) protocols sustain themselves through "productive fees" that make the the protocol better, faster, stronger such that products want to build on top, and 2) product teams charge "extractive fees" that capture the value they create for end-users.
Joey DeBruin added 1y ago