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.
Latest Wiki Entries
SuperRare’s integration with Arbitrum marks a significant evolution in the digital art realm by harnessing Layer 2 scalability solutions to reduce ...
In this article, we explore the key differences between permissioned and permissionless blockchains. We discuss their historical context, core conc...
Blockchain technology has the potential to revolutionize many aspects of modern society. One area in which its impact is most promising is in the s...
In recent years, the world of non-fungible tokens (NFTs) has evolved from a niche digital experiment into a transformative force in art, entertainm...
Blockchain technology has rapidly transformed the financial and technological landscapes, not only by revolutionizing transaction methods but also ...
In today’s digital communications landscape, privacy and security are top priorities for users worldwide. Among various messaging apps, Telegram ha...
The world of digital assets has witnessed a paradigm shift with the advent of Non-Fungible Tokens (NFTs). These unique blockchain-based assets have...
Pernyataan: Artikel ini hanya untuk tujuan edukasi dan bukan merupakan saran investasi atau profesional. Informasi berdasarkan data publik per 31 M...
Es ist der 31. März 2025 und die Welt der Künstlichen Intelligenz (KI) in Deutschland steht in Flammen! Das erste Quartal (Januar bis März) 2025 ha...
It’s March 31 and the AI landscape is electrifying! The first quarter (January to March) of 2025 has delivered a whirlwind of developments in AI ne...
Disclaimer: This article is for educational purposes only and does not constitute investment or professional advice. The information is based on pu...
Gitcoin stands at the intersection of open source innovation and blockchain-powered funding. In today’s fast-paced digital ecosystem, the way we bu...
You know our tech from
Our work has been recognized and featured by industry-leading platforms:
Fahrbar20
NFTs and AI solving public transport challenges
Tracking, Prediction and Analytics
Insights from Covid pandemic tracking apps
AI Social Altcoin Analytics
AI-powered altcoin trends and tweetbot
AI Analytics of German Federal Election
In-depth election analysis powered by AI
Swarm Travel Guide Apps
Discover destinations with travel guide apps