Core introduces first Revenue-Sharing Model for Devs, Stablecoin Issuers

The Core Foundation, the organization behind the Core blockchain, is launching a new revenue-sharing mechanism for the Web3 industry intended to shake up how stablecoin issuers and developers raise funds.

Rev+ claims to be the first protocol-level program that directly rewards developers, stablecoin issuers and decentralized autonomous organizations (DAOs) based on their created user value. Once launched, it will allow projects to earn revenue from user-generated gas fees on their blockchain applications.

It could provide a sustainable revenue stream…