where i'm currently based, every single cent that can be considered income is tracked and taxed. plus i would have to declare its origin. so there's definitely some legal set up before monetization
You may in fact decide to explicitly never monetize it, which is a perfectly reasonable decision.
You may also find that there are ways of setting the thing up so that you aren't paid (at least not right now if it's not convenient to be paid) but the thing is able to collect money and use that money to do $RANDOM_BUSINESS_THINGS like pay for hosting and maybe eventually hire a developer...
It's likely that this is all really simple stuff, to someone who knows exactly how thing work in $LOCAL_LEGAL_REGIME
You may also find that there are ways of setting the thing up so that you aren't paid (at least not right now if it's not convenient to be paid) but the thing is able to collect money and use that money to do $RANDOM_BUSINESS_THINGS like pay for hosting and maybe eventually hire a developer...
It's likely that this is all really simple stuff, to someone who knows exactly how thing work in $LOCAL_LEGAL_REGIME