The tool is in the niche of Decentralized Finance (DeFi) and allows users to calculate their returns when investing in Uniswap, a (super-interesting) protocol which is getting pretty popular within the Ethereum community. I launched it as a totally free product in June, got some initial traction, and now trying to find a model to make it sustainable and develop it further. DeFi is still very small, but with high growth potential I believe.
I’ve created so far 3 plans: Basic (free), Pro (1 ETH/year, about $150) and Large Investors (5ETH/year, about $750). They differ in terms of features as well as for the number of analysis allowed.
Wanted to share this with you. Any consideration/ pitfall to avoid when moving from free to paid?
https://www.uniswaproi.com/
I believe your project success is tighly coupled to DeFi success (as a platform).
In order to succeed you should help spread DeFi - make yourself and your product an authority on the subject - and prepare material easy to digest and understand.
First of all, you should know your customer. Why paid, what benefit/outcome gets from your service.
With this information, you should be able 'lower the barrier of entry' for other users.
How long did it take you get those ~200 free plan users?
If you can repeat that every month, you’re already in “real, viable company/job” land. Perhaps you should consider spending at least a portion of your time on market rather than tech dev now.