Cracking Web3 Revenue Models 💳

Happy holidays builders,

We hope you're resting up, because we've got a ton in store for 2023! 🎉

But if you're looking for some web3 inspo to get a head-start on the new year, welcome back to thirdweb weekly: where we highlight how web3 companies are disrupting everything from gaming to digital publishing. 🚀

Let's get into it.

Unlocking Web3 Subscriptions, Memberships, & Recurring Revenue Models — through Time-Bound NFTs ⌚

If you're building in web3, you might know that NFT membership models have been tough to crack. While tokenizing communities has proven successful in engaging early supporters & building loyal user bases, the get-once, own-forever model of NFTs has created new challenges:

Without them having time-based components, like expiration dates or renewals, it's difficult for builders to capture recurring revenue & keep creating value for users.

That is, until Unlock Protocol entered the game — adding time-bound properties to NFTs within a smart contract to unlock use cases like:

• On-chain subscription models

• Verifiable credentials

• ... and more.

Learn more about how Unlock Protocol enables web3-native revenue models, and deploy their membership smart contract standard in one click:

📹 YouTube Tutorial: How to Build an ERC721 Smart Contract with Foundry and thirdweb

In this video, we'll show you how to build an ERC721 smart contract with an NFT Drop extension using Foundry — a blazing fast, portable, and modular toolkit for Ethereum application environment — and the thirdweb CLI.

For this tutorial, we'll teach you how to use Foundry's Forge framework to create, test, and deploy your smart contract. Learn more about the Forge framework, and why you may want to choose it over Truffle or Hardhat to build web3 apps:

📚 Guide: How to Start a DAO with a Treasury and Governance Token

In this guide, we'll teach you more about what a DAO is, how it works, and how to build a DAO with a Treasury and a Governance Token. We'll take you step-by-step through

• Deploying a Vote Smart Contract to add governance for your DAO

• Setting up a treasury for your DAO

• Creating DAO proposals & allowing members to vote on them

🔥 Web3 Innovation: Sign-In With Ethereum 101

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Have a great rest of your week shippin'! 🚢 🛠️

And if you're ever looking for 30,000+ other builders to learn from & share your web3 journey with, look no further than our Discord community 🤝