Cryptocurrency Q&A How does Skale make money?

How does Skale make money?

Federico 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. How does Skale make money?

7 answers

CryptoVanguard 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.

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SsamziegangStroll SsamziegangStroll Mon Jul 01 2024
These resources are rented for a predetermined period of time, facilitating the utilization of the SKALE chain.

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Sara Sara Mon Jul 01 2024
The SKALE chain provides the infrastructure required for various decentralized applications and services.

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BonsaiVitality BonsaiVitality Mon Jul 01 2024
Validators within the SKALE network participate in securing the system by staking SKL tokens.

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Dario Dario Sun Jun 30 2024
By staking SKL, validators gain the privilege of running nodes within the network.

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