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- 1.Platform fees: BitFight.io will charge 3% fee for each bet made on the platform.Unit economics:
Based on these assumptions, the unit economics for the trading fee revenue stream would be an annual revenue of $3,600,000 and an annual cost of $250,000, resulting in a net profit of $3,600,000.
- Total trades per year = 60 x 50,000 users = 3,000,000
- Total trade amount per year = Average trade amount x Total trades per year = $40 x 3,000,000 = $120,000,000
- Revenue from trading fees = Total trade amount per year x Trading fee percentage = $120,000,000 x 3% = $3,600,000
- Customer Acquisition Cost = $5 x 50,000 = $250,000
- 3.Advertising: The platform can generate revenue by selling advertising space on its platform to businesses or other entities looking to reach its user base.
- 5.Affiliate Marketing: Partnering with other websites and platforms to drive traffic to the platform, and earning a commission on referred users.