/biz/ - Business & Finance

Dev Protocol

https://medium.com/devprtcl/dev-protocol-incubator-launches-ef4f35940095

Just released its Incubator program, just one of these joining the program will be huge

Each quarter the Dev Protocol Treasury will stake DEV tokens for 20 crucial Open Source projects. These projects will accumulate yield, based on the current market’s APY, until the round ends. The Incubatees must join Dev Protocol to receive the funding. The Dev Protocol Treasury will receive a 7.50% OSS token fee for each Incubatee onboarded. Additionally, all Patron rewards earned by the Dev Protocol Treasury from the Incubator will be burned. The Incubator will scale Dev Protocol’s growth by delivering our core value proposition, funding, to our target audience.

Round One Details
Dev Protocol will be staking 30,000 DEV tokens for each project until June 5, 2021. Congratulations to the following projects for being accepted into Round One of the Dev Protocol

Incubator:
Signal, Python, WikiMedia Foundation, Prysm, Jekyll, Ether.js, 11ty, Rust, Rotki, WalletConnect, SigmaPrime’s Lighthouse, WomenWhoCode, ESLint, Snowpack, Vite, Web3j, BrightID, Deno, Umbra, and Prettier. These projects have provided immense value to the Open Source ecosystem. The Dev Protocol community looks forward to supporting your work!

Dev Protocol

Tokenize Github

https://twitter.com/devprtcl/status/1366406039709564928?s=20
Seems like they announcing something big this week.

Dev protocol

- Only mover in its space
- Creating a new economic model for open source assets.
- Heres a recent youtube video on its future
https://www.youtube.com/watch?v=enVK7Jiibs0&t

Excellent video on Dev and its potential. Long Video but some good really good hints at the future for the project.

https://www.youtube.com/watch?v=Ap3lMprJBUo

Dev Protocol allows creators to tokenize open assets. Its main use case and focus is open source software (Github), but it could be expanded to other open services (Youtubers), open content (TradingView), music or other Artists. For the Github use case the OSS developers currently don't make anything off their packages. Furthermore, there’s no standard incentive model to align open asset creators and users. This is becoming a pressing issue as the world’s economy moves towards building open assets. A lot of these Open assets then stall due to lack of funding.

Dev Protocol solves these issues with their native token, staking pools, and inflation. Simply, creators authenticate their assets, users stake tokens, and both parties receive DEV tokens via inflation for staking. This sustainable model allows both creators and users to make money for supporting each other. The result is a standard for the transfer of value of open source assets.

Upon creating a Property on Stake Socials the OSS project also has the opportunity to create its own token. This can be used for anything from rewards incentives for stakers to governance of the project and can be given out or sold by the project.

Key upcoming events

- Release of Dev Yearn Vault

- The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

- Project onboarding program

- Exchange listing (expected)

Dev is tokenizing Github and other open assets.

OSS is worth a EST $380 bil and growing rapidly. Get your own slice of that pie.

The well respected Delphi Digital investment research has included Dev Protocol in it's Low to Mid Cap Developer activity : market cap ratio (DMR) over time comparison. This estimates that buying projects above a set threshold will provide roughly a x4 return over 6 months. Dev is constantly above this level.

https://www.delphidigital.io/reports/developer-activity-dashboard-report-2/

The partnership with FISM will allow Dev to grow into the influencer Market once the OSS market has been captured.

Mircosoft Japan has tweeted about Dev twice in the last few months.

Staking Yeild of 25ish Percent is attractive.

Geyser Liquidity Program provides good rewards (30% Per Month atm) v the impermanent loss risk.

OSS tokenizing their projects by creating tokens which people value due to be being able to direct the priority of bug fixes or new functions/features is a really exciting development in creating an economic model around OSS.

Key upcoming events

- Release of Dev Yearn Vault

- The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

- Project onboarding program (no details yet)

- Exchange listing (dates or exchanges unknown)

Dev is tokenizing Github and other open assets.

OSS is worth a EST $380 bil and growing rapidly. Get your own slice of that pie.

Dev Protocols Yearn vault is in the test registry.

Heres a tweet from Vasa explaining how it will all work.

https://twitter.com/vasa_develop/status/1340651694812667907?s=20

Dev has updated its website from the previous Alpha version, it's looking much better now :)

https://devprotocol.xyz/

The Dev project is about tokenizing open assets to create a funding economy allowing continued development of open assets e. G. Github and Open Source Software

Dev Protocol allows creators to tokenize open assets. Its main use case and focus is open source software (Github), but it could be expanded to other open services (Youtubers), open content (TradingView), music or other Artists. For the Github use case the OSS developers currently don't make anything off their packages. Furthermore, there’s no standard incentive model to align open asset creators and users. This is becoming a pressing issue as the world’s economy moves towards building open assets. A lot of these Open assets then stall due to lack of funding.

Yearn vault - Dev is getting its own Yearn vault which will also help support the Vyper Coding Language

Geyser and Liquidity - The Dev Protocol Geyser Liquidity Program went live on the 4th of November. This Geyser round ends on February 3, 2021 and is currently providing a return of 30% per month (scaled up or down based on the total amount of Liquidity provided). This has increased the amount of Liquidity by a massive $636k

The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

Everything is falling into place for Dev

Code audit by Quantstamp (who have also audited ETH and Chainlink among many others) was successfully passed,

Yearn vault - Dev is getting its own Yearn vault which will also help support the Vyper Coding Language

Geyser and Liquidity - The Dev Protocol Geyser Liquidity Program went live on the 4th of November. This Geyser round ends on February 3, 2021 and is currently providing a return of 30% per month (scaled up or down based on the total amount of Liquidity provided). This has increased the amount of Liquidity by a massive $636k!

The well respected Delphi Digital investment research has included Dev Protocol in it's Low to Mid Cap Developer activity : market cap ratio (DMR) over time comparison. (scroll down the page to find that section) This estimates that buying projects above a set threshold will provide roughly a x4 return over 6 months. Dev is constantly above this level.

OSS tokenizing their projects by creating tokens which people value due to be being able to direct the priority of bug fixes or new functions/features is a really exciting development in creating an economic model around OSS.

The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

Community on boarding program put up as an dip, if a staker gets a project to join they both earn an increased staking reward for a period of time

Everything is falling into place for Dev

Code audit by Quantstamp (who have also audited ETH and Chainlink among many others) was successfully passed,

Yearn vault - Dev is getting its own Yearn vault which will also help support the Vyper Coding Language

Geyser and Liquidity - The Dev Protocol Geyser Liquidity Program went live on the 4th of November. This Geyser round ends on February 3, 2021 and is currently providing a return of 30% per month (scaled up or down based on the total amount of Liquidity provided). This has increased the amount of Liquidity by a massive $636k!

The well respected Delphi Digital investment research has included Dev Protocol in it's Low to Mid Cap Developer activity : market cap ratio (DMR) over time comparison. (scroll down the page to find that section) This estimates that buying projects above a set threshold will provide roughly a x4 return over 6 months. Dev is constantly above this level.

OSS tokenizing their projects by creating tokens which people value due to be being able to direct the priority of bug fixes or new functions/features is a really exciting development in creating an economic model around OSS.

The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

Community on boarding program put up as an dip, if a staker gets a project to join they both earn an increased staking reward for a period of time

Everything is falling into place for Dev

Code audit by Quantstamp (who have also audited ETH and Chainlink among many others) was successfully passed,

Yearn vault - Dev is getting its own Yearn vault which will also help support the Vyper Coding Language

Geyser and Liquidity - The Dev Protocol Geyser Liquidity Program went live on the 4th of November. This Geyser round ends on February 3, 2021 and is currently providing a return of 30% per month (scaled up or down based on the total amount of Liquidity provided). This has increased the amount of Liquidity by a massive $636k!

The well respected Delphi Digital investment research has included Dev Protocol in it's Low to Mid Cap Developer activity : market cap ratio (DMR) over time comparison. (scroll down the page to find that section) This estimates that buying projects above a set threshold will provide roughly a x4 return over 6 months. Dev is constantly above this level.

OSS tokenizing their projects by creating tokens which people value due to be being able to direct the priority of bug fixes or new functions/features is a really exciting development in creating an economic model around OSS.

The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

Community on boarding program put up as an dip, if a staker gets a project to join they both earn an increased staking reward for a period of time

Dev Protocol allows creators to tokenize open assets. Its main use case and focus is open source software (Github), but it could be expanded to other open services (Youtubers), open content (TradingView), music or other Artists. For the Github use case the OSS developers currently don't make anything off their packages. Furthermore, there’s no standard incentive model to align open asset creators and users. This is becoming a pressing issue as the world’s economy moves towards building open assets. A lot of these Open assets then stall due to lack of funding.

Dev Protocol solves these issues with their native token, staking pools, and inflation. Simply, creators authenticate their assets, users stake tokens, and both parties receive DEV tokens via inflation for staking. This sustainable model allows both creators and users to make money for supporting each other. The result is a standard for the transfer of value of open source assets.

Upon creating a Property on Stake Socials the OSS project also has the opportunity to create its own token. This can be used for anything from rewards incentives for stakers to governance of the project and can be given out or sold by the project.

Key upcoming events next year

- Release of Dev Yearn Vault

- The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

- Project onboarding program (no details yet)

- Exchange listing (dates or exchanges unknown)

The well respected Delphi Digital investment research has included Dev Protocol in it's Low to Mid Cap Developer activity : market cap ratio (DMR) over time comparison. (scroll down the page to find that section) This estimates that buying projects above a set threshold will provide roughly a x4 return over 6 months. Dev is constantly above this level.

https://www.delphidigital.io/reports/developer-activity-dashboard-report-2/

The partnership with FISM will allow Dev to grow into the influencer Market once the OSS market has been captured.

Mircosoft Japan has tweeted about Dev twice in the last few months.

Staking Yeild of 25ish Percent is attractive.

Geyser Liquidity Program provides good rewards (30% Per Month atm) v the impermanent loss risk.

OSS tokenizing their projects by creating tokens which people value due to be being able to direct the priority of bug fixes or new functions/features is a really exciting development in creating an economic model around OSS.

Key upcoming events

- Release of Dev Yearn Vault

- The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

- Project onboarding program (no details yet)

- Exchange listing (dates or exchanges unknown)

Dev Protool is my Low cap moon bet

Working product, hard working team, novel idea (staking to support Open Source Software) think 2021 will be good for this project.

Lots of announcements from the team recently. The team is very deserving of its high activity status.
In the latest update Khaos, Dev Protocols custom oracle which connects into Github, has been updated to allow it to connect to IPFS (InterPlanetary File System which is looking to replace http) and execute functions on IPFS. Developers can now use Khaos by writing their own oracle functions in TypeScript and deploying them to IPFS.

This allows the use and integration of Khaos to be even easier and more adoption for Dev.

Another step along the road, it's very impressive what they have managed in just 6 months.

Dev Protocol, the future of open source funding

DYOR

Dev Protocol

You are welcome

Dev Protocol is a very nice Low Cap

Just got its own Yaern Vault and starting to get attention.

In the last week Dev has released V3 of their staking website and Dev is getting its own Yearn vault which will also help support the Vyper Coding Language

The community voted to create the first ever OSS ETF. The team will be Implementing a Creator token fee of 5% which will be held by the Dev Protocol treasury to create an OSS ETF.

Bilgin , Red Hat Product Manager will be presenting at OpenCoreSummit on Friday and covering a number of different projects connecting creators and supporters, including blockchain based projects such as Dev Protocol

More research
https://medium.com/devprtcl/the-tokenization-of-open-source-10ee0ea90607

Dev has jumped from the $4 range to the $7 in the last few days because there have been a couple of recent announcements.

- A Dev Yearn vault
https://twitter.com/bantg/status/1337373892994887681?s=20
- The release of V3 of their staking website taking it out of alpha
https://stakes.social/

Enjoy

Dev Protocol is worth a look

Just released v3 of their staking website and yearn announced a Dev vault.

It allows creators to tokenize open assets. Its main use case and focus is open source software (Github). A lot of Open assets stall due to lack of funding.

Dev Protocol solves these issues with staking pools, users stake tokens, and both parties receive DEV tokens via inflation for staking. (currently 30%ish APY)

Delphi Digital has included Dev Protocol in it's Low to Mid Cap Developer activity : market cap ratio (DMR) over time comparison. This estimates that buying projects above a set threshold will provide roughly a x4 return over 6 months. Dev is constantly above this level.