ICO Preview: Deconet – Open Source Code Monetization Platform

ICO Previews are early stage looks at promising upcoming projects which have not announced enough details to be fully reviewed. 

The open source movement has grown from a fringe subculture in the development community into a major source of software innovation. From operating systems like Linux to mobile or desktop apps like Firefox, or Bitcoin itself, open source has been a software revolution.

And yet one glaring problem remains – compensation. Developers often put months or years of time into these projects, but outside of a few exceptions, get no financial compensation in return.

Deconet is aiming to create a platform to change this. Integrating with Git, the popular version control system, Deconet will allow developers to choose their licensing model. They can choose to monetize, or go the “copyleft” route to share their code with the community. Besides complete applications, software components can also be monetized.

The team behind Deconet isn’t all-star, but they seem quite capable and have a good history of execution.

We really like the idea behind Deconet – open source is a great movement but it’s dying for proper incentivization. If you’d like to check it out, there is an MVP you can sign up for at app.deco.network

The token sale details are still pending, but you can apply for their presale on their website. We think this is definitely one to watch.

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