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Aditi Sharma
Aditi Sharma

How can a revenue-sharing model for instructors be incorporated into a Udemy clone app?

A well-structured revenue-sharing model is crucial to attract and retain quality instructors on your top Udemy clone app. Here are some common approaches:


1. Revenue Sharing Percentage:

◦ Fixed Percentage: Fixing some certain percentage of each of the courses like 70% to the instructor and 30% to the platform.

◦ Tiered Percentage: By using this method revenue-sharing percentages based on the instructor's performance or the course's popularity.


2. Performance-Based Model:

◦ Bonus Structure: Avail some bonuses to instructors based on their past performance metrics like course enrollment, completion rates, and positive reviews


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Aditi Sharma
Aditi Sharma
2 days ago · joined the group.
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What are the typical costs involved in creating a basic token?

Before moving to the cost of creating a token, it is essential to know the purpose of the token.  Meanwhile, the costs depend on the goal and factors such as the blockchain platform and the complexity of your projects. For a basic token on platforms like Binance Smart Chain or Ethereum, deployment fees typically range around $10,000.  If you opt for a smart contract audit, it may cost from $ 1,000 to $10,000. Additional costs for marketing, community building, and legal fees can bring the total to anywhere from $2,000 to $50,000 or more, depending on your goals and features. The cost of developing a token widely depends on factors like a blockchain platform and the complexity of your projects.


Before creating your token, it's crucial to read a comprehensive guide on how to create a token, as it will provide valuable insights and steps that will be helpful. 


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aaustinparker576
2 days ago · joined the group.
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