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Business

Business

  • Intro

    The business model for Justchain describes how blockchain technology will be used to create value and generate income for network participants. This is a strategic description of how a blockchain project can operate successfully and be sustainable within the market environment. The diagram below shows the main business models for monetization of blockchain projects.
    Our core business model is Blockchain as a Service (Baas). It's about providing an ecosystem for other businesses to manage their blockchain system. In this ecosystem, companies can host their DApps, experiment, test and conduct research.
    End users (in this case companies, startups or organizations) don't have to worry about how the blockchain works, and they don't have to set it up before working on it. BaaS also eliminates the need for hardware, which in turn allows startups, companies and organizations to focus on the development cycle.

  • Monetization

    Monetization of the project is carried out in various ways:
    1. Subscriptions and pay-per-use: Providing access to the blockchain infrastructure on a subscription basis. Users can choose paid tariff plans with varying levels of service and functionality.
    2. Payment for transactions and services: Charging fees for conducting transactions on the blockchain network and for using additional services, such as smart contracts, multi-signature and others.
    3. API and integration: Providing an API for integrating blockchain solutions with external systems, posting by users their DApps.
    4. Development of own products: Creation of own DApps with specific functions and capabilities that can be offered on the market.

  • Presale and ICO

    Presale and ICO of the Justchain platform will be implemented on the public Ethereum blockchain with the release of an ERC20 compatible token, the interface of which allows the deployment of a standard token compatible with the existing infrastructure of the Ethereum ecosystem, including development tools, wallets and exchangers.

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