An Ethereum Improvement Proposal, dubbed EIP-6969, is looking to implement Contract-Secured Revenue (CSR) on Ethereum L2s.

CSR refers to a series of smart contracts that enable developers to earn revenue whenever others interact with the code they have deployed on-chain.

Kevin Owocki, one of the co-authors of EIP-6969, told Blockworks that his firsthand experience as a builder in the Web3 space made him aware of the difficulties involved in monetizing the products he had actively helped create.

“There are really not that many opportunities to monetize in a way that’s sustainable and not very speculative,” Owocki said.

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