Open Startups and Collective Business Models in Open Source

7 min read

An analysis of the role sound crypto economies may play in open-source development In this piece, I propose a framework to develop crypto economies in a way that is consistent with the original crypto ethos, with the ultimate goal of funding open-source development: Bootstrapped development with no early venture capital involvement; Achieving product-market fit; Fair token distribution; Community-owned;  Aligned incentives; User-centric; Focus on privacy. As a bitcoiner, I share the aversion Bitcoin maximalists feel for what the typical crypto project has become. From the early-days copy-cat coins and meme coins claiming to compete with Bitcoin and the ICO-over-a-whitepaper frenzy to…...

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