The Core Foundation is launching Rev+, a revenue-sharing mechanism for the Web3 industry. This program will reward developers, stablecoin issuers, and DAOs based on user value, allowing them to earn revenue from gas fees on blockchain applications. Core’s Rev+ program will generate revenue through direct payouts and a revenue-sharing pool based on contributions to the Core blockchain.

Industry leaders like Charles Hoskinson advocate for more collaborative economic incentives in the crypto space. Hoskinson believes the current market structure is adversarial, hindering industry growth. He emphasizes the need for cooperative equilibrium to compete with centralized tech giants entering the Web3 industry. Collaborative efforts could help overcome the limitations of the industry’s current circular economy.

Read more at Cointelegraph: Core introduces first Revenue-Sharing Model for Devs, Stablecoin Issuers