How Gnosis safe make money?

Safe Ecosystem General Discussion
1

How does Gnosis Safe make money? Are they charging fees for each transaction or just from opening a multi-signature wallet?

1 Like
2

Safe is completely free to use, except gas fees from the corresponding blockchain.

The constitution proposal includes a principle to define and preserve the Safe protocol as a public good.

There are early conversations around token design and token utility. One of them has recently been published as a proposal which you can see on this page listing all proposals with the tokenomics tag:
https://forum.safe.global/tag/tokenomics

9 Likes
3

The protocol needs to generate profit somehow to receive investments and pay certain business streams (e.g. customer support), how does it do that? What are income streams for safe?

4

The protocol and Safe Ecosystem Foundation (SEF) currently do not generate revenue. The community’s plan is to make the SAFE token useful so that it has value within the Safe ecosystem. SEF has raised capital from investors that believe in the mission of building decentralized tools for owning digital accounts and assets.

See Gnosis Safe Rebrands as Safe, Raises $100M by CoinDesk 2022-07-12

5

It has been a year since your comment that SEF does not generate revenue. Since then SAFE has extended its modular architecture and added more dapps to its app store. SEF still does not generate revenue, even to cover costs to support of devs or the dapp integration to the SAFE app front page?

6

Are you asking? or saying?

7

The Safe community published and came to a consensus on potential future uses of the SAFE token in SEP 21. Some of these uses could generate revenue. Feel free to contribute your constructive ideas in SEP 23 that aims to build off of these SAFE token strategies.

1 Like
8

Sorry. Was asking. Just wondering if SEF has rolled out some monetization. In addition to the growth of dapp integration, noticed the AA SDK via partnerships with web3Auth, Stripe, etc… do they pay Safe or Safe pays them in those instances?

9

In general IDK but in my opinion safe cannot only count on her token

10

Please at me with any updates on new revenue streams including possible estimated dates on turning on the fee engine and which featurers it will include. Thx in advance