We’re joined by Kevin Owocki, the founder of Gitcoin. Gitcoin is a platform to monetize or incentivize work in open source software. We talked about how Gitcoin sits at the intersection of sustaining open source and cryptocurrencies, their history and roadmap, their decision to leverage the brand name of Git, bug bounties, funded issues, web3, MetaMask, and the future of Gitcoin and how open source benefits.
Matched from the episode's transcript 👇
Adam Stacoviak: That’s an interesting take too on funding open source, because traditional models have been – you know, here on your homepage you’ve got “Find Funded GitHub Issues”, which is the exact reversal of “Hey, just give a community or a project or several maintainers just money and hope they do well with it”, where this is actually funding directly… Not so much somebody buying issues, because somebody could just say “Hey, project, here’s $10,000. Convert that to ETH or BTC and fund whatever issues you need done.” This is an interesting model of funding the work, rather than just – hopefully give you money altruistically or charity-wise… This sort of like puts value on the table, on both ends - monetary value for those who are doing the work, but at the same time, ways for open source to thrive and move forward in terms of progress.