There is another project in the same category called lwf, which changed its business model from profit share to buybacks, what has Quasa planned about it?
Good afternoon!
Thank you for asking.
The QUASA team plans to follow the concept clearly in white paper:
BUSINESS MODEL
7.1. Revenues
QUASA revenues are made up as follows:
Commission charges for any financial transaction in the perimeter of QUASA 0.5% (by default).
Commission charges received from service providers 0.1-5% or, on average, 3.0% (depending on the type of services to be provided).
1. Revenues from the first type of monetization 0.5% (by default) for any financial transaction in the perimeter of QUASA.
Note. By 2023 QUASA is planning to account for 1-2% of the world cargo shipping operations. Hence, the volume of financial operations of QUASA users for purchased logistic services is believed to amount to 1% * $1 trillion = $10 bln a year. QUASA revenues.
0.5% from the above-mentioned transactions = $50 mln a year.
2. Revenues from the second type of monetization commission charges for the services authorized by providers at the rate of 0.1-5%.
QUASA platform unites all the interested parties in a single supply chain.
The platform is going to get:
On average 3.0% from the amount of the operations = $300.0 mln a year.