3-4.Business Model
Business model and revenue structure
4-1. Mega Platform
The business model of the mega project is that users authenticate physical assets and digital contents issued with NFT through the platform to the RVC registry, trade them in the NFT marketplace, and purchase them with tokens within the mega ecosystem to supply liquidity and increase the value of assets.
It is a platform model that allows you to trade freely on a decentralized exchange by raising it. The mega ecosystem realizes real values through the NFT gallery and maximizes the characteristics of ‘real’, allowing users to participate in the ecosystem more easily and quickly.
In addition, by establishing an ecosystem of 'platform', NFT craters are provided with a community space where they can freely engage in commercial activities and at the same time, the platform consists of a business model that can continuously receive NFT-ized content.
Nine services, including “Yammi Service,” which has been built and expanded as a real-life offline service, are connected to the “O2O Meta Campus” and implement an innovative metaverse service that can generate revenue through major activities in the virtual world. Users, creators, mega-platforms, and meta-ecosystems that make up the business model of a mega project can generate various revenues such as revenue through mega tokens, NFT sales and resale, and brokerage commission revenue according to the operation of these business models, and all stakeholders The mega ecosystem operates through a structure that can earn profits.
Producer
The creations and real assets created by NFT creators can be transformed into virtual assets through the mega ecosystem and provided to users to continuously generate profits. In addition, content creators affiliated with the mega ecosystem can register their creations and receive copyright fees, and users can receive additional fees in the process of trading and distributing mega tokens. Mega-projects can set up special copyright rewards for the sale of digital content and the sharing of interests of copyright holders.
User
Users who use the platform purchase trusted digital assets and physical-based content through the NFT marketplace, and the mega ecosystem provides more diverse content to members for these purchasing activities. In addition, you can continuously generate revenue through major activities in the metaverse connected to offline real-life services, use the services of various ecosystems hosted by the Mega Project Foundation, and enjoy online and offline events, exhibitions, purchases, discounts, etc. can be provided. Everything that exists on the metaverse can be freely traded as virtual assets through the NFT marketplace.
Platform
The platform provides a space for creators to be active in the community instead of being provided with portrait rights. At the time of payment and payment, the Mega Project receives a certain portion of the proceeds as a fee to operate the platform and pay compensation to users. The total fee will be set lower than that of the existing payment agency, thereby maximizing the profits of platform participants. In addition, the platform intends to encourage the use of Mega Tokens by allowing participants who transact using Mega Tokens to use the platform at a lower fee than when using fiat currency, and by distributing incentives to participants who use tokens.
Merchant expansion
Based on the usefulness and scalability of the blockchain payment system, the Mega Platform expands the “Yami Service,” which is currently being introduced to major universities across the country, including Yonsei University, not only in universities, but also in university commercial areas and corporations, allowing the actual use of mega tokens. We want to significantly increase our value.
Franchisee
Merchants will be provided with the benefits of various strategic marketing activities carried out by the mega platform. In the case of small business owners that are not corporations, it costs a lot of extra money to simply carry out active marketing activities such as discount events, coupon issuance, and online/offline advertisements. Mega-platform is easy to use at low cost thanks to the extensive infrastructure and alliance expansion that has already been built. We can provide each merchant with a powerful marketing tool.
You will also get to share the real users of the mega platform. The Mega Project has built a live user base of at least 260,000 in just two years. Through the affiliated schools that are newly added every month, the number of users is still increasing rapidly. When users pay through tokens, the fee, which is a much lower percentage than fiat currency, is also a major factor in improving the sales of the affiliate business as a whole.
User
Users will receive a variety of economic benefits, from mega-platform simple discounts to packaging, coupons, or hundreds of promotions. As the number of users increases, the rewards or benefits that the platform can provide to users can expand and expand.
Platform
As the number of merchants and users increases, the mega-platform achieves an improvement in the overall platform value, from a certain percentage of commission received to platform advertising revenue or awareness. As the merchant expands and the number of users increases, the value of the Mega Token, the governance token of the Mega Platform, increases. The business model for the franchise expansion of the mega project is a virtuous cycle platform model in which the mutual benefits increase as the number of users and franchisees of the platform increases.
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