Nobody publishes Vangrid's revenue. The public data lets you bracket it anyway. The figure usually quoted, 742,607 USDC in settlements, is flow, not revenue: nearly all of it passes through escrow to contributors. The platform's slice is documented: a 10% fee on each bounty, charged only when a capture is accepted. Accepted bounties total 712,016 USDC as of today. At the published fee, cumulative platform fees since the board opened come to roughly 71,000 USDC. The current pace adds about 19,200 USDC of accepted value in the last seven days, roughly 275 USDC a day in new fees. Two caveats. The 10% is the company's current published terms; the earliest bounties may have run on different ones. And this counts only the bounty board: enterprise API revenue, if any exists, is undisclosed and sits outside the estimate. That is not an indictment. A $9M seed exists to fund the years before a fee stream carries a fourteen-person team. But it fixes the scale of the present tense at @vangrid_io a small, real, growing fee stream, riding on three quarters of a million dollars of other people's money in motion. Watch the slope of the stream, not the size of the river.
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