Utopian: A Crypto-Fueled Open Source Economy
Steem-Powered Github
Utopian is the only platform to reward contributions to Open Source projects by making use of a decentralized, vote-based reward system that is built on top of the STEEM Blockchain. Utopian seeks to enable professionals in their contribution to the Open Source movement. Furthermore, this platform not only rewards contributors, but also rewards project owners through cryptocurrency.
In order to pay for the rewards, Utopian.io utilizes the Steem Blockchain. This cryptocurrency; STEEM, is generated through votes (upvotes) made by a community of Steem holders. These tokens are generated autonomously through a rewards pool that regenerates on a daily basis. Steem tokens are then distributed using an algorithm called Proof-of-Brain, which incentivizes people to curate and develop quality content and open source contributions.
How can it Change the Industry?
The modern world is pushing towards (and largely being fueled by) open source software. Open Source software is free-to-use common property and allows everyone to be able to use it and change it to their preferences. It's decentralized in a way that it is based on collective intelligence between everyone on an equal standing rather than standards that are imposed by a higher force on the ladder. In addition to this platform being free, Utopian rewards everyone who contributes to such projects.
What is its Current State?
- Check out their Weekly Top of Utopian.io for June 14 - 20 here!
- Get started as a contributor here!
- Submit your project to Utopian here!
- Check out their blog at @Utopian-io!
Project Details
Project Name: Utopian
Facebook: https://www.facebook.com/utopian.io/
Twitter: https://twitter.com/utopian_io
Github: https://github.com/utopian-io
This post was authored by @twotoedsloth.
If you would like to contribute to The Creative Crypto Magazine, learn more by clicking here. Visit us @ thecreativecrypto.com
I look forward to how this platform encourages people to contribute more to other people's projects and work in a collaborative effort!
Thank you for your contribution to The Creative Crypto Magazine! Learn more about the Community Billboard feature here.
This comment has been curated.
Upvote this: https://steemit.com/free/@bible.com/4qcr2i
Hope that steem coin become the revolution of crypto industry
Whoa this new feature looks very great. I love Utopian awarding people for their contributions and work. Thanks for this informative post. I didnt know about this tremendous feature before. Get to learn alot from ya every day @cc-billboard. So kind of you 😻😻😽😽😻
Utopian platform through the STEEM crypto currency is a smart way to incentivize both contributors and founders of open source projects. This upvoted system gives a reward to open source project founders, and let contributors invest as much as they want. At Blockbasis we believe strongly in both open source and the cryptocurrency economy. That is why we proposed an alternative way to send and receive crypto money, by using just an email address, instead of using complicated public keys.