Executive Summary: CryptoPunks are a limited collection of 10,000 non-fungible tokens programmed for the Ethereum blockchain. CryptoPunks (or rather its creator Larva Labs) makes money by selling the NFTs they own. Larva Labs does currently not disclose how many CryptoPunk NFTs it possesses. What Are CryptoPunks? CryptoPunks are a limited collection of 10,000 non-fungible tokens … Read more
Executive Summary: Tether is a cryptocurrency that is pegged to a given fiat currency, for example, the USD, as well as physical assets such as gold. Tether makes money from various fees, by issuing loans to other institutions, as well as through investments. What Is Tether? Tether is a type of cryptocurrency that is pegged … Read more
Executive Summary: Google Maps is a mapping and navigation platform that is available for desktop as well as mobile devices. Google Maps makes money from advertising, by charging for its commercial API, as well as from referral fees. What Is Google Maps? Google Maps is a mapping and navigation platform that is available for desktop … Read more
Executive Summary: Bored Ape Yacht Club is a set of 10,000 limited non-fungible tokens that resemble an illustration of disinterested-looking apes who all possess different traits. Bored Ape Yacht Club makes money through the issuance of new digital artwork as well as via royalties from secondary sales and other transactions. What Is Bored Ape Yacht … Read more
Executive Summary: The Sandbox is a gaming ecosystem that allows its users to create and monetize digital assets and gaming experiences. The Sandbox makes money by issuing and selling tokens as well as other digital assets. The business model of The Sandbox is predicated on driving up demand for those tokens. Launched in late 2021, … Read more
Executive Summary: Doximity is a social network for medical professionals that allows them to connect with other physicians as well as prospective patients. Doximity makes money by charging subscription fees for its marketing, hiring, and telehealth solutions. Consequently, Doximity operates on a subscription-based business model. Founded in 2010, Doximity has become the leading medical social … Read more
Executive Summary: Decentraland is a decentralized virtual world that is owned by its users and governed via a decentralized autonomous organization. Decentraland makes money by issuing and holding its MANA tokens. The platform was able to raise an initial $26 million during its ICO by selling MANA to interested investors. Founded in 2015, Decentraland has … Read more
Executive Summary: Rarible is an online marketplace that allows users to purchase, sell, and trade non-fungible tokens (NFTs). Rarible makes money by charging a 2.5 percent fee on every sale. The company operates an online marketplace business model. Founded in 2019, Rarible has grown to become one of the world’s leading NFT marketplaces. It has … Read more
Executive Summary: Gymshark is a British company that produces and distributes fitness apparel and equipment in a variety of categories. Gymshark makes money by selling clothing and other items. The business model of Gymshark is predicated on promoting its products through influencers as well as its own social channels. Founded in 2012, Gymshark has risen … Read more
Executive Summary: Gympass is a membership service that allows corporate employees to get access to gyms, studios, and wellbeing apps. Gympass makes money via monthly membership fees. The company operates under an online marketplace business model. Founded in 2012, Gympass has managed to raise over $525 million in funding, It is currently being valued at … Read more