We’re giving out the total amount of $2,100,000 of DEV token to GitHub users for supporting creators to celebrate our first anniversary.
What is DEV Airdrop?
“Dev Protocol”, a made-in-Japan DeFi protocol, is launching a “GitHub Airdrop” to commemorate its first anniversary of releasing “Stakes.social”, a sponsor platform, and as appreciation for your contribution so far.
It’s hard for developers to rely on goodwill from patrons if they wish to continuously develop OSS as well as grow the community itself. We’d like you to use the airdropped DEV tokens to help stake other projects, while focusing on OSS development yourself. By using our Stakes.social platform, you can help other projects in need and have a stream of additional income by doing so.
Stakes.social is a new sponsor platform where both developers and sponsors are rewarded with tokens if they support their favorite projects by staking dev tokens. Over 1,600 OSS projects issue tokens (utility token with ERC-20 form), and many developers, including both individuals and firms, succeed in achieving sustainability through fundraising. There is an increasing number of unique creators joining Stakes.social, so you can support different creators such as OSS developers, VR artists, NFT markets, green projects, and VTubers.
Overview of DEV Airdrop
Campaign Period: 28th May — 24rd June (About 1 month)
Details: In accordance with your number of commits at GitHub in the last one year period, you’ll get at most 1000 DEV token. We’re giving out the total amount of 283,000 DEV to the first 2,203 applicants.
For more information, please refer to Airdrop URL. https://airdrop.devprotocol.xyz
As soon as the first 2,203 people have received DEV, we’ll close the campaign. If you’re willing to join, please take advantage of the program while you can.
*This campaign uses “iroiro”, a protocol also from Japan.
iroiro is a protocol for managing tokens on Ethereum🎨 Start from ETHOnline hackathon. https://app.iroiro.social/
Challenges to the sustainability of OSS
Nowadays, various kinds of innovation are generated from OSS. Looking at services like Facebook, Google, Airbnb, Netflix etc., we can see the growing culture where innovations are promoted from the open collaboration by engineers in the world with publicly available OSS instead of exclusive possession of software by one single firm. Although OSS is available for free, we have serious challenges to its sustainability. In fact, approximately 83% of OSS can no longer continue its operation, and about 50% of it is maintained by 2 contributors or less. *1
Rapid growth in the time of COVID-19
Countermeasures against COVID-19 done by the government have had an influence on people’s telework at all areas, and also had a great impact on OSS development. According to the survey done by GitHub, after March 2020, the average time that developers spend for open source projects increased by 20–40%. There is a sudden increase in open source activities by developers on the weekend, while many of them work full-time on week days. It indicates that open source is an opportunity for learning and creation for them. *2
Under the mission of “creating a society where all innovators are valued and can challenge sustainably”, Dev Protocol started MVP in 2018 and began a service for OSS developers to monetize. After the release of “Stakes.social”, our first Dapp, in June 2020, our sustainable incentive scheme that utilizes blockchain attracted attention from overseas, and its ecosystem continues to grow dramatically. In the last one year, the total number of staking reached around 600 million yen, and the cumulative total amount of reward went up to approximately 200 million yen. (as of April 2021)
Through Airdrop this time, we’ll do our best to contribute to the further development of OSS ecosystem, considering the increasing popularity of Dev Protocol, a service to support OSS developers, triggered by the invigoration of OSS in the world due to the spread of COVID-19.
*Dev Protocol gets support from Microsoft for Startups.
*1: Reference: Black Duck by Synopsys, 2012 Linux Foundation Collaboration Summit
*2: Reference: The 2020 State of the OCTOVERSE, GitHub
What’s Dev Protocol?
“Dev Protocol” is a technology that realizes sustainability for creators’ activities. It is mined by creators, and also a reward for users supporting creators through a process called staking. Because Dev Protocol is completely decentralized and is a middleware protocol for on-chain governance, anyone can join the ecosystem by developing various applications (Dapps).
Under the mission of “creating a society where all innovators are valued and can achieve sustainably”, Dev Protocol started MVP in 2018 and began a service for OSS developers to monetize. After the release of “Stakes.social”, our first Dapp, in June 2020, our sustainable incentive scheme that utilizes a blockchain, attracted attention from overseas, and its ecosystem continues to grow dramatically. In the last one year, the total number of staking reached around 6 million USD, and the cumulative total amount of reward went up to approximately 2 million USD. (as of April 2021)
- What’s Staking?
It is a framework where people contribute to the network by locking (temporarily making inaccessible) their crypto assets. In terms of Dev, when people stake “DEV token” (ERC20) for to support creator’s works, they are rewarded with dev tokens for doing so.
Dev Protocol Website
Join the Dev Protocol Community!