Most of the cryptocurrency projects do not have a clear business model. A recent trend is that even if it is a cryptocurrency project, projects with a business model can survive in the market, so whether or not there is a business model is also coming from an important point of view. So today, let’s take a look at what business model Zappay has.
Zappay has the following business models:
1. Transaction Fee
Transaction Fees aims to provide payment solutions for unbanked people throughout Africa, starting in Nigeria. In other words, Africa specializes in services for many people who do not yet have a bank.
More than 63% of Africa’s population is under the age of 24 and most of these are financially underprivileged who have never crossed the threshold of a bank . For them, Zappay, a global fintech solution in blockchain technology, will revolutionize this area.
2. Eliza Swap Exchange Fee
In particular, Nigeria is one of the fastest growing countries in the cryptocurrency sector. Existing centralized exchanges can also be actively operated, but swap-based decentralized exchanges such as Uniswap will be essential for Africa’s potential cryptocurrency market. We have experienced firsthand that various swap projects such as uniswap, pancake swap, and bakery swap have grown significantly and created great value. Elizaswap, which has a swap platform optimized for Africa, will be the second Uniswap.
3. Merchant Fee
Elizabeth is one of Nigeria’s most influential businesswomen and social workers. The foundation provides water and scholarships to Nigerians. With this influence, it is highly likely that various local affiliates will join and be used as payment solutions and POS solutions.
4. Staking Fund Operation Revenue
You can generate additional revenue by operating other collected cryptocurrency assets.
5. Advertising Revenue
Advertising revenue business can also be carried out additionally.