tea Protocol Launches 250k Grant for Open-Source Developers

San Juan, Puerto Rico, February ninth, 2024, Chainwire

tea is shaking up the digital world by addressing the long-standing concern of insufficient compensation for open-source builders. Fixing this concern is extra pressing than ever, which is why we now have determined to deploy $250K in grants forward of the launch of the protocol. This preliminary stage goals to assist maintainers of open-source initiatives which have a fabric impression on the open-source software program ecosystem and a teaRank better than 30 forward of the tea Protocol Incentivized Testnet.

Don’t know what teaRank is and not sure in case your challenge qualifies? You may verify your challenge’s teaRank here and study extra about what this represents on the protocol here.

The Unsung Heroes

Regardless of forming the spine of the web and trendy know-how, open-source builders like Max Howell, the creator of Homebrew, have traditionally obtained little to no compensation. This discrepancy is especially stark when in comparison with the large earnings generated by firms constructed on open-source software program.

The Pressing Want for Change

The dearth of correct incentives has led to decreased motivation and potential abandonment of initiatives, posing a menace to the very infrastructure of our digital lives.

The tea Protocol: Empowering Developers

The tea protocol strives to ascertain an surroundings the place open-source contributions are usually not solely acknowledged but in addition appropriately rewarded, making certain a sustainable future for the unsung heroes of the digital world. Central to the tea protocol is its vibrant neighborhood of challenge supporters and vulnerability reporters, who’re incentivized to actively take part in figuring out and addressing software program vulnerabilities.

tea’s $250K grant is a step in the direction of a future the place open-source builders are celebrated and rewarded, marking the start of a brand new, extra equitable period in open-source.

In case your open-source challenge meets the necessities talked about earlier, such because it having an impression on the OSS ecosystem and having a teaRank better than 30, then we’d like to have you ever apply for the grant.

Head of Advertising
Dan Mulligan
tea inc.
[email protected],

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