The Economics of X-to-Earn
Trinity Morphy wonders if X-to-Earn ReFi projects can survive over the long haul.
Do something, get rewarded. It's one of the more popular use cases to emerge from the crypto industry over the years. What crypto does is make it viable to send micro-payments to individuals. You don't need Amazon-level scale to avoid bank transfer fees. Add in the option for users to convert their reward to fiat currency via exchanges and you have yourself a powerful user acquisition tool.
But there is a fundamental problem:
How to ensure that there is enough revenue to continuously pay the rewards?
While this isn't an issue for some crypto projects, it has become a major thorn in the side of ReFi projects using the X-to-Earn model. When the desired outcome is impact, revenue can be hard to come by. Users are not paying customers, after all, but beneficiaries. So where's the revenue supposed to come from?
Our Trinity Morphy tried to find out.
Read the article 👇
A Deep Dive into the Economics of ReFi X-to-Earn Projects | CARBON Copy
Trinity Morphy explores the X-to-Earn concept, its potential for financial and impact sustainability, and possible revenue models.
Support Us in Gitcoin Grants 23
We're in 2 fundraising rounds for GG23! Only 24 hours left to donate!
Dapps and Apps
Proceeds from this round will go to connecting more sources to our ReFi Impact Dashboard and publishing an Web3 tooling educational series in partnership with the GreenPill Writers Guild!
Regen Coordination Global
This round will help us pursue collaboration opportunities with great orgs such as @refidao @greenpillnetwork @maearth and others! We have some exciting things planned including Local ReFi Toolkit Playbooks and an ergodic ecosystem investment pilot!
With quadratic funding, even a $1 contribution can go a long way.
We're Back on X
Our account was suspended last July and we haven't been able to create a new one until now.
Follow us at https://x.com/CC_ReFi_News
ReFi Making Impact
From our Impact Dashboard:
On Tap at CARBON Copy
Is the real battle convincing people to care about climate change?
More From Us
Visit us at to get more news, analysis, and data from the Web3 regenerative finance (ReFi) space.
Leading ReFi Information Platform | CARBON Copy
The preeminent source of ReFi news, information, and analysis.
You'll also find our curated ReFi projects database and other ecosystem goodies.
Subscribe to The CARBON Copy Newsletter to receive new posts directly to your inbox.
