Monetization via Paid Naming Rights
June 19, 2022 ยท View on GitHub
AKA: Paid Version Names, Symbolic Ownership
Payments to get the rights of naming a version of the open source project (similar to "Android 8 Oreo" or "Ubuntu 18 Bionic Beaver"). Often one-time payments without many recurring options.
Requires:
- Setup of an sales page (auction or one-time sale)
Variants & Options:
- Major version name: naming the major version.
- Minor Version name: naming a minor version.
- NFT: selling every commit with higher prices for minor and major versions.
Platforms
- Auction platforms such as eBay
- GitNFT (Sell commits as NFTs)
Evaluation
| Characteristics | Value | Note |
|---|---|---|
| Effort to set-up | Hours | |
| Effort to maintain | None | |
| Cost to set-up | Medium | Maybe cost for generation of NFT |
| Cost to maintain | Low | Maybe cost for hosting of NFT |
| One-time Income | Medium | Might increase with the "prestige" and competition for naming |
| Recurring Income | Low | Maybe through special payments in an DAO contract |
| Income Predictability | Low | |
| Full income Threshold | 100+ | Assuming one minor version and many commits |
| Recipient | C | |
| Additional Work | None | Maybe maintenance of website that lists versions and names |
| Visibility | Medium | Easy to oversee. Eye-catching names might increase reach |
| Necessity to pay | Low | Might increase with the "prestige" of the software |
| Entry Threshold | Low | Credit card is sufficient |
| Countervalue | V. Name | |
| Scalability | Low | Scales with the number of commits and versions |
| Effort for marketing | Medium | Customers might find NFT or version name on other platforms |
| Competitors | None | |
| Software types | Big SW | Better for famous and widely-known software |