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Introduction to Everdome’s Planned Economy Structure

First looks at Economy Plans

Apr 12, 2024

economy planning.png

Following the successful fusion with creator led spaces and Everdome's wider metaverse environment as well as our 2024 roadmap release - we give first looks into plans for Everdome’s in-platform economy, as we focus on real metaverse use cases, user engagement and revenue generation with features aiming to attract web2 and web3 users alike.

Our goal is to build a platform and ecosystem - so we will create a robust economic model, based on staged release revenue sharing from:

  • Rentals
  • Premium features
  • Event Ticketing & Admissions
  • Subscriptions
  • Sponsorships

Keep in mind, once we move from alpha/beta release stages, the number of revenue channels will grow, these are just the initial channels.

With added benefits and rewards including:
Free or discounted space creation, premium features, event ticketing & admissions. 

Beneficiaries of this revenue sharing or rewards released in stages will include: 

  • Land holders 
  • Genesis NFT Collection Holders
  • Creators (based on activity)
  • Burn
  • Everdome
REV SHARE LIGHT.png

The creator economy was a foundational pillar of web2, encompassing a diverse group of over 50 million independent content creators, curators, and community builders, including social media influencers, bloggers, videographers, and more.

Goldman Sachs estimates that this creator economy is currently worth $250 billion and will nearly double to $480 billion by 2027. For context, that's close to the total revenue created by the global sports industry in 2022.

When coupled with the new owner-led economy ushered in by the web3 model, we believe that owners and creators will be a huge part of a more interactive and immersive digital experience, and gear our economy to focus on a creator-led platform. Therefore, our initial goal is to center Everdome’s ecosystem around a creator economy, beginning with spaces and scaling to include different kinds of experiences as our platform grows.

This is the current overview, as we test both functionality & usage. However, we want to remind everyone that Everdome has a dual commitment to also agile development methodology as well as keeping high levels of transparency and building in the open.

This means that while we strive to share our vision and direction at the earliest moment possible, it also means that there are always some potential changes as we optimize our platform and products for success in a very dynamic market.

More detailed information and dates for the first active release of this model will be provided as we develop and mature the product, giving rise to a robust ecosystem where everyone involved will have a way to benefit from the long-term success of Everdome as a platform.

#ImagineTheMetaverseDifferently

metaverse, web3, development, NFT, economy, ecosystem, crypto