Delphi projects that Axie will end the year having generated $1.1 billion in revenue, mostly from fees generated through its NFT marketplace and from breeding Axies to meet the demand from hundreds of thousands of new players each month. There are more than 600k players currently, around the world, as many as 60% of whom are in the Philippines.
In Substack’s case, life in the “paid publishing platform” market was rough, because very few people thought they wanted it, and the people who did were locked up by switching costs from the complex systems they rigged together. But competing in the “newsletter platform” market was a dream in comparison. Hamish could email writers on Mailchimp and... See more
Think inclusive erotica and porn meet sexual wellness. Four companies aim to revolutionize the way people, and specially women, perceive and consume erotic content: Quinn, Dipsea ($ 5.5 million raised), Ferly, and Emjoy all have created digital platforms where audio is the main format, and science and a deep understanding of women’s psychology are... See more
Membership is almost always an effort to diversify revenue, and there are very few organizations that are wholly or almost wholly supported by membership revenue.
Katie: Centralized and decentralized models can coexist. There is a big class of consumers who might want to use a marketplace like OpenSea. In exchange for the take rate, you get discovery, reliability, etc... You will see decentralized marketplaces for NFTs as well.