The OSSMarket project is a proof-of-concept approach to allocating time and resources for open source software development using economic incentives embedded in a blockchain based protocol.
Open source software (OSS) is crucial component of software development. Individuals and organizations ranging from large technology companies like Google to hobbyist developers working on side projects rely on OSS. Arguably one of the most impressive attributes of OSS is that the continued development and maintenance of OSS projects often primarily depends on the altruism of contributors and maintainers. The scarcest resources of OSS projects end up being the time and attention of contributors and maintainers.
Although OSS has already seen a tremendous amount of success as is, it is not without its problems: