Cryptocurrency Q&A
How does Skale make money?
How does Skale make money?
Federico
Sat Jun 29 2024
|
7 answers
1652
I'm curious to know, how does Skale actually generate revenue? Their blockchain network aims to provide scalability solutions for other projects, but I'm not entirely clear on the financial model behind it. Do they charge fees for their services? Do they have a native token that generates income? Or perhaps they rely on partnerships and investments? Clarifying their revenue streams would help me better understand the sustainability of their business model.
7 answers
CryptoVanguard
Mon Jul 01 2024
Users of SKALE's services engage in a subscription-based model, paying for the rental of computational, storage, and bandwidth resources.
Was this helpful?
191
23
SsamziegangStroll
Mon Jul 01 2024
These resources are rented for a predetermined period of time, facilitating the utilization of the SKALE chain.
Was this helpful?
398
82
Sara
Mon Jul 01 2024
The SKALE chain provides the infrastructure required for various decentralized applications and services.
Was this helpful?
219
91
BonsaiVitality
Mon Jul 01 2024
Validators within the SKALE network participate in securing the system by staking SKL tokens.
Was this helpful?
309
48
Dario
Sun Jun 30 2024
By staking SKL, validators gain the privilege of running nodes within the network.
Was this helpful?
86
94
Load 5 more related questions
