Monetization
Last updated
Last updated
House of Boxing has developed a comprehensive business model to monetize the platform and create sustainable revenue streams. We leverage four distinct sources of income that align with our core offerings and provide value to our users.
In-App Purchases of Gems: As users engage with the House of Boxing platform, they have the opportunity to enhance their gameplay and overall experience through in-app purchases of Gems. These Gems can be used in order to purchase more Energy or Coins, allowing users to fast-track their progress as managers.
Primary Blockchain-enabled In-Game Asset Sales (Boosters): One of the key highlights of House of Boxing is the availability of exclusive in-game assets called Boosters. These Boosters feature licensed footage and content from renowned boxers, giving ownership, authenticity, and excitement for users. Leveraging the power of blockchain technology, users can securely acquire and trade these digital assets, ensuring provenance and scarcity. House of Boxing facilitates the primary sales of Boosters, generating revenue through these transactions and enabling users to expand their collection of valuable and sought-after assets.
Secondary Transaction Fee from Blockchain-enabled In-Game Asset Sales: In addition to the primary sales of Boosters, House of Boxing also benefits from a secondary transaction fee structure. When users engage in trading or selling their Boosters within the blockchain-enabled marketplace, a percentage of the transaction value is retained as a secondary transaction fee. This fee not only adds to our revenue streams but also incentivizes users to actively participate in the marketplace, driving engagement and fostering a thriving community of collectors and traders.
Sponsorship of Brands and Advertising: House of Boxing provides an ideal platform for brands seeking to connect with a passionate and highly engaged boxing audience. Through strategic partnerships and sponsorship opportunities, we offer brands the chance to showcase their products and services within the platform. This can include brand integrations, targeted advertising placements, sponsored events, and collaborations with prominent boxing personalities. By aligning with House of Boxing, brands can effectively reach their target audience while contributing to the overall revenue generation of the platform.
By capitalizing on these four distinct revenue sources, House of Boxing ensures a sustainable and vibrant business model. Our focus on in-app purchases, blockchain-enabled asset sales, sponsorship, and advertising provides a diverse range of monetization avenues. This allows us to continually invest in platform enhancements, deliver exceptional user experiences, attract top-tier talent, and ultimately solidify our position as the leading digital platform for boxing enthusiasts.
When it comes to anticipating monetization, we've devised a strategy that centers around the Dynamic Reward Pool within the Pro Tournament. This innovative approach motivates users to bring their friends aboard, unlocking an expansive reward pool that can lead to weekly earnings exceeding $100,000.
Our projections indicate that this model can facilitate sustainable monetization. We anticipate users participating week after week, vying for top rewards. It's important to note that the top 5% of users are likely to contribute significantly more financially, setting them apart from the remaining 95%. This is reminiscent of the free-to-play model, where a small percentage of users generate the bulk of revenue, sustaining the platform for everyone.
Furthermore, a substantial number of users are anticipated to engage in week-to-week monetization. Here's how:
Booster Activation: To unleash the power of Boosters, users will need Boosters with traits aligning with the week's fights. This encourages users to purchase primary boosters and trade secondary ones that align with their predictions.
Booster Maintenance: Keeping Boosters performing optimally requires users to maintain their boosters at full capacity. This involves using coins or Gems to replenish booster energy, ensuring maximum impact.
With a steady influx of new users every week, we expect a certain percentage to directly contribute revenue through primary booster purchases. This strategy positions House of Boxing to create a thriving ecosystem where engagement translates into both enhanced gameplay experiences and financial sustainability.