4️⃣ Business Model

Blockchain-Based Urban Revenue Structure

CONDOR’s business model avoids relying on single product sales or one-time transaction fees. It moves away from fragile revenue structures based on short-term liquidity and aims to establish a long-term, sustainable platform economy that digitizes the entire city. By integrating payments, settlements, data distribution, citizen participation, and industrial convergence, CONDOR diversifies its revenue channels and evolves into an urban digital business platform that combines smart city infrastructure with a Web3 ecosystem.

CONDOR is not just a blockchain platform but a city-scale operational system that connects the real economy with data-driven value. It introduces a new model of urban digital economy where various public and private stakeholders interact and collaborate.

1. Transaction-Based Utility Fees

CONDOR monetizes a wide range of on-chain transactions generated from real-life urban activities. Its primary revenue sources include online and offline commerce payments, automated transactions for transportation and public utilities, conversion fees between Dordor Point and CONDOR Token, and DID-based authentication and access control services.

This fee structure is dynamically adjustable through DAO governance. A portion of the fees is used for token burning to control supply, while the remainder supports platform maintenance and participant incentives, thereby enhancing the system’s economic sustainability.

2. Partnership-Based B2B Integration Revenue

CONDOR operates not merely as a technology provider but as a foundational urban infrastructure platform by forming B2B partnerships with public institutions and private enterprises. Through these collaborations, it establishes the following integrated revenue models.

• Public Institutions : Integration of blockchain APIs and smart contract–based administrative workflows

• Transportation Infrastructure : Development of point settlement and unified payment systems

• Medical Institutions : Integration of health data analytics APIs and user incentive systems

• Retail & Franchises : Deployment of NFT memberships, smart contract–based loyalty programs, and CONDOR Wallet payment systems

This structure is scalable into a Blockchain-as-a-Service (BaaS) model, enabling long-term and sustainable revenue generation in collaboration with partner organizations.

3. Revenue Model Based on Data Economy Ecosystem

CONDOR transforms diverse urban and citizen activity data into on-chain digital assets, establishing a new stream of revenue through a data-driven economic model.

• Sale of anonymized AI training and commercial analytics datasets

• Citizen-participatory research and behavior-based monetization structures

• NFT-based distribution of healthcare and cosmetic diagnostic data, fostering trust between enterprises and consumers

Unlike traditional Web2 platforms that monopolize user data without compensation, CONDOR fosters a decentralized, participant-driven data marketplace. This approach increases both engagement and trust across the ecosystem.

4. DID Authentication and Digital Identity Licensing

CONDOR Decentralized Identifier(DID) infrastructure securely manages citizens’ identities, credentials, and access rights on the blockchain. This forms the basis for the following monetization models.

• Usage fees for DID issuance, renewal, and verification

• API services for public sector authentication and integration with smart public systems

• Custom authentication solutions for educational, medical, and governmental institutions

The DID system ensures both privacy protection and legal trustworthiness, serving as a foundational trust technology for digital sovereignty and smart city governance.

5. Sustainable Economic Circulation Structure

Many traditional Web3 projects suffer from structural issues such as a focus on short-term liquidity, lack of connection to the real economy, and fragmented, reward-centric models. In contrast, CONDOR implements a sustainable economic circulation mechanism built on the following.

• Real-world participation → On-chain transactions → Revenue generation → Reward distribution → Re-engagement → Data accumulation → New service creation

• Smart contract-based automated settlement and distribution system

• Tangible use cases integrating both public and private services

This structure goes beyond token-centric models to function as a digital infrastructure supporting the full operation of a city, establishing CONDOR as a foundational platform for smart city transformation.