Comparing Sonic’s FeeM to other blockchain incentive models

Sonic Labs’ Fee Monetization (FeeM) model distinguishes itself by offering developers up to 90% of the network fees generated by their applications. This approach is inspired by Web2 ad-revenue models, such as those used by YouTube, but is implemented within a decentralized environment.

In contrast, platforms like Archway provide developers with a portion of staking rewards based on the usage and contribution of their decentralized applications (dApps). This model incentivizes developers by directly linking their rewards to the performance and utility of their dApps.

Similarly, Zilliqa offers grants and bounties to developers for completing specific tasks or contributing to the ecosystem. This structured incentive not only encourages rapid development but also fosters community engagement, as developers from various backgrounds can contribute and benefit.

While traditional blockchains often focus on value extraction with limited developer incentives, Sonic’s FeeM model ensures that network fees are shared with developers from the start, providing a sustainable income stream and encouraging the development of high-quality applications.

By directly rewarding developers based on the traffic and engagement their applications attract, Sonic’s FeeM model aligns the interests of developers with the network’s success, fostering a more vibrant and innovative ecosystem.

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