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

CharacteristicsValueNote
Effort to set-upHours
Effort to maintainNone
Cost to set-upMediumMaybe cost for generation of NFT
Cost to maintainLowMaybe cost for hosting of NFT
One-time IncomeMediumMight increase with the "prestige" and competition for naming
Recurring IncomeLowMaybe through special payments in an DAO contract
Income PredictabilityLow
Full income Threshold100+Assuming one minor version and many commits
RecipientC
Additional WorkNoneMaybe maintenance of website that lists versions and names
VisibilityMediumEasy to oversee. Eye-catching names might increase reach
Necessity to payLowMight increase with the "prestige" of the software
Entry ThresholdLowCredit card is sufficient
CountervalueV. Name
ScalabilityLowScales with the number of commits and versions
Effort for marketingMediumCustomers might find NFT or version name on other platforms
CompetitorsNone
Software typesBig SWBetter for famous and widely-known software