You might now reason that even a 12-minute walk to the store to buy a can of beans is too great an expenditure of time, and that the fee paid for one-hour delivery is a fair price to snatch those minutes back into your life. Of course, the principle of opportunity cost assumes that we will earn the value of that fee back in some way in those 12... See more
the ticketing industry has a major opportunity here: By issuing tickets as NFTs, venues can give a variety of benefits to purchasers, creating more of an incentive to buy, as well as providing the venues an opportunity to collect royalties on secondary sales.
Reddit offers premium memberships that cost $5.99 per month. The Premium subscription hides all advertisements on the site and gives access to an exclusive subreddit called r/lounge. It also gives users 700 “Coins” per month, which can be gifted to other users as a reward for posting comments a user likes. A quick look at SEMrush shows that... See more
"The question that we've had for so long — where the f*ck is the money going to come from? — is finally clearer," says Mader. "Where we were seeing dwindling returns elsewhere, the dots are starting to connect here and I really see a future with it and a way to grow it."
Companies selling cars, cereal, and printers benefit when prices decrease for gasoline, milk, and ink, because the total price of a product includes the product plus anything else you need to maximize its potential--the complement.