OpenGift Crowdsale Review

Whether they are aware of it or not, people use OSS (Open-source Software) every day. Internet architecture is mostly based on OSS and so are Android mobile phones and Wi-Fi routers. In the recent past, the number of OSS projects have skyrocketed with more than six million developers joining GitHub.
OSS development has become quite common these days. More than 50% of fortune 50 companies make use of GitHub for their software development projects.

Software monetization

Software monetization is the adoption of different measures by a software company to be able to increase their intellectual property’s profitability. All software monetization strategies are unique. To be able to maximize the value you are getting, you need a strategy that considers every software monetization aspect which includes packaging, and control management, as well as monitoring.

OpenGift software monetization makes it possible for software developers to make money from their software codes. OpenGift offers a platform where open-source projects can publish info pertaining to their development progress and goals. This platform analyzes a lot of metrics as it creates a profile for projects accessible to sponsors and investors.

With OpenGift software monetization, project tokens can be shared amongst the members of the project team as well as the investors. At the same time, sponsors finance the development of any software they need.

The OpenGift software monetization platform is created with smart contracts and blockchain that guarantee and process fair earnings distributions. With such a system, backers are able to prioritize project goals and also set up new project goals.

A key feature in the OpenGift software monetization platform is the crowdsource technological map. This is used to simplify the work of searching for prospective projects. For instance, it is possible for users to search for and compare projects by simply searching for problems they want to solve.

Who can use OpenGift software monetization platform

• Software developers.
• OSS users - Can make it easy for you to fix bugs and add new software features.
• Backers - You can navigate through different OSS projects with ease as you look at how they are able to solve issues you have an interest in.
• Investors - Offers investors a chance to invest in promising software development projects that offer solutions to users and also investors.
• Enterprises - you can cut down on your business IT costs by minimizing the use of middlemen. Allows you to work directly with developers. You get a software solution that works for your enterprise by simply adonation towards the software development project.
• Marketers - You can link your brand with a project everyone likes by simply sponsoring a project.

The OpenGift software monetization vision

OpenGift is a platform that has made available an ecosystem where investors and sponsors can monitor a project’s progress, the problem it is meant to solve, the project’s interconnection with other projects, and also the importance the project has to the ecosystem.

OpenGift software monetization is said to help people who are proficient in IT and also those that don't understand OSS better. This makes OSS more interesting for investors as it makes it possible for them to choose which projects they would want to invest in.

With OpenGift, OSS investors, users, as well as developers, meet in the same ecosystem which enhances project development and also improves the quality of OSS. It makes it possible for OSS to become user-friendly and also customer oriented. This gives users no reason to go for proprietary software that is more expensive. For this reason, OpenGift makes it possible for companies and users to substantially reduce their IT costs as developers make more. Agents and intermediaries are the market players who stand to lose.

OpenGift software monetization is also a platform that seeks to create an ecosystem that is mutually beneficial. This is because businesses can fund certain open-source applications created by developers. This enables the businesses to make use of the apps they fund as legacy software alternatives that are cost-effective.

The benefits of using OpenGift software monetization platform

As a developer and user of OpenGift, there are several ways through which you stand to benefit from OpenGift software monetization. OpenGift is a platform that seeks to make it possible for developers to earn a stable and reasonable income. This is made possible by the fact that OpenGift software monetization allows businesses to fund projects. The project businesses fund is mostly tailored to their needs and is also made open-source in the end.
In the past, donations were very few and this discouraged developers from devoting most of their time on projects. However, with OpenGift, developers are becoming consistent because of the donations availed by businesses. For the businesses, the funds they donate ensure they get the exact rewards they need for their businesses. This is because developers are able to focus on the projects the businesses donate towards.
With the help of smart contracts, OpenGift software monetization is completely transparent and ensures it protects the interests of the donors and developers.

The OpenGift software monetization model

OpenGift is free for all users as their goal is to create a tool that can be used by the open-source community.
All donations in OpenGift are made in the form of a GIFT. Depending on the number of GIFTS available in the limited system, the price of the coin rises in direct proportion with donations done through the platform. The ICO participants and also the OpenGift team can only benefit if there is an appreciation in the currency.
The OpenGift platform is also listed as one of the projects in the platform. For this reason, investors can purchase OpenGift tokens to be able to enjoy shares of any donations made in the future towards the OpenGift project.

ICO and Token details

The utility token used in the OpenGift ecosystem is known as a GIFT. The smallest GIFT value you can transfer is 0.0001GIFT. One hundred percent of 160 thousand GIFTS are created and made available with the first offering phase. No coins are emitted after ICO.
The GIFT distribution is structured to cater to the needs of every type of investor, even the most security conscious ones.

Usage of the funds

OpenGift software monetization makes use of most of the funds raised to ensure they fully develop the platform to its full potential. They also fund aggressive marketing strategies and legal aid for the platform.
Link
Medium: https://medium.com/@crowdholding/how-to-create-an-ico-part-2-the-two-ws-d1332752be77
Twitter: https://twitter.com/ubiqannbot/status/962319004873367552
Reddit: https://www.reddit.com/r/CryptoMarkets/duplicates/82x482/opengift_joins_crowdholding/
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