In the Abstract framework, developers have the capability to monetize their modules by setting an installation fee for others to use their modules. By introducing monetization strategies, Abstract offers developers incentives to build and share valuable modules with the community.
Here’s a concise breakdown of how this works:
- Modules can be installed into abstract accounts.
- Each module can be configured with a Monetization strategy, primarily:
- InstallFee: A fee set by the developer which must be paid by other users to install the module. This fee is then transferred to the namespace owner’s account, which is fetched from the version control registry.
- None: No monetization strategy is applied for the module.
All module monetization details are stored in the version control but are verified and enforced by the module factory.
To assist users in budgeting, the module factory provides the
SimulateInstallModules query, which returns the total
sum of funds required to install a specified set of modules, including monetization and initialization funds.
In addition to one-time installation fees, the Abstract framework empowers developers to introduce subscription-based monetization strategies for their modules. This model facilitates a steady stream of revenue, enhancing the sustainability and continuous development of the modules.
Subscriptions are being worked on and will be available soon, stay tuned!.