DappRadar DAO
  • 📡What is DappRadar DAO?
  • 📝 DappRadar DAO Report 2024
    • 🖥️ Management overview
      • Strengthening revenue streams and RADAR tokenomics
      • AI-Driven curation: the future of Web3 discovery
      • Looking ahead: the DAO’s vision for 2025
    • ⚖️ Legal updates
    • 💰 Financial reporting overview
      • Asset Balances as of 31/12/2024
      • Transactions since Token Generation Event (TGE)
      • Profit & Loss Statement
    • 🤝 Business development overview
      • 2025 Strategic priorities
    • 🏗️ Product updates
      • Feature releases and platform enhancements
      • User Experience Improvements
      • Looking ahead
    • 🔊 Marketing efforts
      • Collaboration with Lunar Strategy
      • Key efforts for 2025
      • Challenges & Strategic Adjustments for 2025
    • 🎉 Key milestones achieved in 2024
      • Strengthening Quests with multi-chain smart contract deployments
      • Experimenting with new revenue streams
      • Airdrops & Quests expansion as growth & marketing tools
      • Enhancing PRO features & staking incentives
      • Improved RADAR visibility & presentation
      • New homepage aligns DappRadar with DAO vision
      • Continued reliability as a node validator
      • Constant product & engineering improvements
    • 👋 Closing words
  • 📄DappRadar DAO Report 2021-2023
    • 👋Introduction
    • ⚖️Legal foundations for decentralization
      • Collaborative legal framework
      • Proposed governance structure
      • Engaging in DappRadar governance: A step-by-step guide
    • 🏦Financial reporting overview
      • Asset balances as of 31 December 2023
      • Transactions since Token Generation Event (TGE)
    • 🔵RADAR tokenomics overview
    • 🏅DAO activities and milestones
    • 👨‍👩‍👦‍👦Performance of community engagement channels
    • 🛣️Roadmap
    • 🫡Closing words
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  1. 📝 DappRadar DAO Report 2024
  2. 💰 Financial reporting overview

Profit & Loss Statement

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Last updated 2 months ago

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The table below presents the DAO’s income statement for 2024, using accrual-based accounting principles to provide a comprehensive financial snapshot.

  • Net Profit: $515K, reflecting a strong operational performance.

  • Total Revenue: $928K, primarily driven by:

    • RON validator fees & staking rewards

    • Affiliate marketing

    • Micropayments

  • Operational Costs: $132K, with the majority allocated to:

    • Contractor and contributor fees

  • Other Costs include:

    • License & platform fees under the transfer pricing agreement with DappRadar UAB

    • Interest accrued since 2021 on the UAB loan

    • Foreign exchange (FX) adjustments

The positive financial trajectory reflects the DAO’s strategic efforts in revenue generation, liquidity management, and financial transparency. As validator operations scale and new monetization models mature, the DAO is positioned for continued financial growth in 2025.