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sovrin-foundation / SGF-v3

Sovrin Metasystem Governance Framework - Version 3
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[BBU] Business Model #5: Prime Drivers of Revenue #39

Open aratibaliga opened 4 years ago

aratibaliga commented 4 years ago

What is the projected revenue (upper & lower limit) of the consortium for say next 2 years? What are the prime drivers of this revenue? How do Founding Stewards/Stewards participate in revenue generating (sales & business development) activities?

vinomaster commented 4 years ago

The participants in the BBU all share a common interests in the establishment of a decentralized DID Ledger. The motivators of such interest are out of scope of the BBU GF as each stakeholder will have their own business justifications.

Such a ledger can not be operated by any one government, business, or organization. Therefore a consortium approach is required to establish a governance model for a decentralized utility.

The BBU is positioned as a non-profit. Revenue for the non-profit is required to cover and maintain anticipated and unanticipated operating costs.

Aside from a common interest for all stakeholder to partake in ongoing socialization of membership to prospective participants, members will not participate in any revue sharing activities. Executing on Membership Management Campaigns will be a task shared by members in order to ensure that operating budget requirements are covered,.

Each member's sale or use of write transaction entitlements is out of the scope of the BBU GF. However, the GF may place limits and/or constraints on best practices for network performance and other possible reasons.

vinomaster commented 4 years ago
bharatUSAA commented 4 years ago

Bedrock primarily is a consortium for businesses to leverage DIDs. One exercise the founding members can do is look at their own vertical, and identify a handful of use cases they see a potential in, given the establishment of ToIP for business participants. An aspect of this exercise can be revenue, or just ROI from existing savings due to using the ledger.

ajeybelsare commented 4 years ago

Dan I am bit confused here. So let me clarify this question as follows. 1) So lets say the consortium earns revenue from transactions beyond the operational costs (both anticipated and unanticipated). What does the consortium do with this additional revenue? Moreover, I was asking do we have estimates of 1-2 year projections of the consortium revenues and what are the drivers of these revenues?

2) Can you elaborate more on a typical mechanism of a sale of transactions?