Session: Open Source, Crypto Economics and Peer-to-Peer: The perfect match
Historically there have been two software models – for profit, centralized software or decentralized OSS.
The hard question has been…how do you get customers and developers to pay for software that is free?
Up until now, the answer has been a hybrid OSS model known as ‘open core’ where OSS companies generate revenue based on custom corporate implementations or by hosting.
Both of these OSS models are flawed: they require founders either to build people intensive consulting businesses or scale up operationally and logistically complex hosting operations. Neither of these models leverage the core competencies of the best software authors and they actually detract from the real focus of the business of building the best possible software.
The better solution is found with the combination of blockchain and crypto economics combined with a peer to peer, decentralized hosting solution
If you can build a hosting network where authors share in the hosting revenue you can free authors from building complex businesses outside of their core expertise.
Now what if you can go further and give developers the ability to participate in the success of any OSS project by giving each project a coin tied to the revenue of that project.
This talk uncovers the power of peer-to-peer hosting architectural approach which can help to build a fair system that empowers the new type of relationship between OSS and rewarding systems.
