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Web3 Open Source Funding vs. Fair Code NFT Licensing: A Deep Dive

  • Four distinct platforms in the world of open-source software funding and licensing were analyzed: Gitcoin, License-Token, Drips, and Merit Systems.
  • Gitcoin excels in community-led funding for Web3 projects, leveraging quadratic funding and strong community governance.
  • License-Token introduces NFT licensing to secure traditional software, allowing developers to mint NFTs as proof of ownership and generate revenue through royalty tracking.
  • Drips offers an anonymous and decentralized method of distributing crypto donations across various projects, focusing on maintaining decentralization and transparency.

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