Bitcoin Compensation for Open-Source Software Development

“Open-source software is often developed by many programmers who volunteer their skills. Some developers have found ways of getting compensation for their work via crowdfunding on Kickstarter or on BountySource.com, a platform specifically for funding open-source software development.  Mr. Johnston believes that Bitcoin may be another and, possibly, better way of sponsoring open-source development. ‘It’s a new way to monetize open-source,’ he said.  Mr. Johnston said he expects his group to back 20 more open-source software projects this year that rely on Bitcoin.  This wave of projects may end up competing with incorporated companies, many backed by venture capitalists.”

http://blogs.wsj.com/venturecapital/2014/01/22/new-use-for-bitcoin-compensation-for-open-source-software-development/

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