# Revenue Model

MINGO's revenue model is designed to ensure the platform's long-term sustainability and growth. Through diversified revenue streams that leverage the unique capabilities of the Hedera Hashgraph technology, MINGO creates economic value while enhancing user engagement and ecosystem health. Here’s an overview of how MINGO generates revenue from its integrated services:

### **MINGO Tickets**

MINGO Tickets implements a competitive pricing strategy that includes a combination of a percentage commission and a fixed fee per transaction. Specifically, MINGO charges a 6% commission plus $0.55 per ticket sold. This structure is strategically priced below industry standards, where commissions can be as high as 12.5%, making MINGO an attractive option for event organizers. This fee structure not only ensures the platform's profitability but also enhances its appeal in the event ticketing space.

**Example Calculation**: For a major event like a concert with ticket sales totaling $13.5 million from 90,000 tickets at $150 each, MINGO would generate $860,000 in commission revenue, providing substantial funds to support platform operations and strategic reinvestments.

### **MINGO Market**

The MINGO Market, our NFT marketplace, generates revenue through transaction fees. A 2% commission on each sale within the marketplace is standard, supporting the ecosystem while remaining competitive with other NFT platforms. These fees are used not only to cover operational costs but also to reinvest in platform enhancements and marketing efforts to attract new users and creators.

**Example Calculation**: If an NFT drop results in $1.5 million in sales, MINGO would collect $30,000 in transaction fees.

### **MINGO Play**

MINGO Play monetizes through a variety of mechanisms:

* **In-app Purchases**: Players can buy in-game assets, power-ups, or special abilities using MINGO tokens.
* **Subscription Services**: Premium content, exclusive game features, or third-party games accessible via subscription.
* **Entry Fees for Tournaments**: Players can enter competitive play-to-earn tournaments, with a portion of the entry fees allocated as prizes and the remainder contributing to revenue.

### **Wallet Transactions**

A minimal transaction fee of $0.01 is charged for each transfer or transaction within the MINGO Wallet, involving the sending of any NFT or amount of tokens. This fee structure is designed to be low enough to encourage frequent transactions while generating revenue to support wallet infrastructure and enhancements.

### **Long-Term Strategy**

MINGO’s long-term strategy focuses on reinvesting a significant portion of its earnings back into the ecosystem to fuel growth and expansion. Revenue generated across MINGO’s platforms is allocated to fund technological upgrades, enhance user interfaces, expand marketing campaigns, and develop new features that attract a broader user base.

The diversified revenue model of MINGO ensures a balanced approach to generating income, maintaining competitive pricing, and reinvesting in the ecosystem. By aligning revenue generation with user growth and platform development, MINGO is poised to sustain and expand its market presence, providing value to users and stakeholders alike.
