What does it do?
The Open Compensation Token License (OCTL) provides a unique blockchain based licensing mechanism. This ensures fair and transparent payment for contributors, while allowing the source code to be publicly available and to be re-used or advanced in other projects. As a result of this a naturally sustainable ecosystem of public available source code fostered sustainably.
Whats in it for you
How Token-Based Licensing Supports Your Work
Your source code can still be available in the web a without having to worry about copycats.
You'll receive an income stream from the foundation of your code: getting paid when your source code is commercially applied while ensuring that forking and collaborations remain possible and your development efforts are not in vain.
Even though you earn from commercial applications, you still give back to the community by allowing free use for non-commercial contributions.
Increased recognition and transparency: The token model provides clear attribution and proof of ownership, enabling maintainers to gain visibility and respect within the community.
Supporting your customers
Enhanced Project Reliability: By compensating developers, projects are better maintained, regularly updated, and more secure, providing users with reliable software.
Increased Transparency: Project ownership and contributions are transparently tracked with the blockchain.
Encourages Innovation: Fair compensation motivates developers to invest more effort and creativity, resulting in better features and functionality for users and faster innovation cycles
Creates a better world
The Open Compensation Token License (OCTL) fosters a sustainable open-source ecosystem:
Sustainability of open source: The abandonment of valuable projects is reduced, because of direct support of the used projects. This ensures long-term support and continuous improvement.
Open Innovation: It encourages contributions to open-source, advancing technology faster and more collaboratively.
Access for All: Non-commercial use remains free, ensuring equitable access to tools and knowledge, empowering communities worldwide.
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