Funding Software with Bitcoin and Bountysource
This week the popular funding platform Bountysource announced that it will accept Bitcoin for developer and software funding efforts. Bountysource is a funding platform for open-source software, and is a place where users can improve the projects they are passionate about by creating or collecting bounties and pledging to fundraisers. By using the....
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Q&A with Bountysource founder David Rappo included below. Bountysource, a funding platform for open-source software, has finally integrated bitcoin payments. The site allows open-source developers to earn money by completing jobs posted by 'backers' who offer 'bounties' - payments, in effect. Payment with bitcoin has been on the cards since at least March 2013, with the idea resurfacing at the start of this year. Bountysource founder David Rappo wrote in a blogpost: "Many of you have been requesting bitcoin support on Bountysource for a while, so we're thrilled to announce that it's now....
A campaign to gain members and crowdfunding for a new bitcoin exchange has been launched by a New York-based company called Atlas Inc. It claims to use software that it describes as already being battle tested and to have Wall Street trading experts on its staff. According to the campaign video, its software has already been used for large volume trading. It thinks this will give it an edge over other exchanges that have suffered long backlogs of trades due to spikes in trading volume. It calls the software the "Atlas web-based workstation". However, it does not identify the so-called....
HashRabbit, a startup that supplies enterprise-focused software to facilitate the management and security of bitcoin miners, has raised $500,000. The funding comes from Tim Draper's Draper Associates along with VegasTechFund, an investment firm run by Zappos founder Tony Hsieh. Alongside the funding announcement, HashRabbit is making its software suite available to all bitcoin miners. The company also has announced a partnership with mining hardware manufacturer Spondoolies-Tech, whose gear is compatible with HashRabbit's management software. Chris Shepherd, co-founder and CEO of....
A mathematician and a software engineer have garnered venture capital funding for a decentralized cryptocurrency and financial derivatives trading system. Called BitShares, the project will be officially unveiled in October. BitShares is the brainchild of Invictus Innovations. It will consist of a protocol and a piece of software called Hydra, which will offer three separate services: a decentralized identity management system called BitNames, a secure chat and messaging system codenamed BitCom, and a peer to peer trading exchange. Both the protocol and the software will be open source,....
Blockchain startup Factom has secured yet another significant funding round from prominent Silicon Valley investors to grow its talent pool and exploit the potential of technology. The $4.2 mln funding round led by billionaire investor Tim Draper of Draper Associates will be allocated in “aggressively growing the company,” allowing its development team to discover a wider range of business problems that can be solved with the greater transparency and security measures of a Blockchain network. “We started Factom to build a more honest and transparent world using a pretty simple approach:....