Similar to Cent but for git commits, not tweets. This might sound silly to some, but this could unlock a new method for supporting open source and indie devs. 😊
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Maker
That's right @rrhoover 🙌 we want to channel value back to software creators and incentivise new work in OSS!
@rrhoover Exactly our thinking! We can't wait to see what the community does with it!
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Maker
Hello 👋 My name is Rodrigo, I'm the founder of Quine. We are building novel ways for software creators to monetise their work, skills, and reputation.
Today we're thrilled to release our first product - GitNFT - which enables developers to autograph and mint NFTs of their GitHub commits and list them in the OpenSea marketplace for collectors to buy.
So how does it work? GitNFT enables you to suggest and vote on commits that you think should be created as NFTs. If you're the author of a commit, the app enables you to mint an NFT of it for free. Upon minting, the NFT gets transferred directly to your ETH wallet and is listed in our OpenSea collection. You can then choose to put it for sale on OpenSea. GitNFT's smart contract runs on the Polygon (formerly Matic) Ethereum sidechain, and the NFT metadata is stored on Arweave, the leading blockchain for long term file storage.
We think commits are a great collector item. They're unique, have verifiable authorship, and are immutable by design. Moreover, many of them store substantial collector value, either for their historical significance, the coolness/aesthetics of their content, or the popularity of the author.
The world’s digital infrastructure feeds on Open-Source Software (OSS), yet the economic value it generates does not back-propagate to its creators. GitNFT is a new monetisation mechanism that aims to make Open-Source work economically sustainable ❤️
Please share feedback, questions, and comments :)
Happy minting 🌿
Rodrigo & the Quine team
I am super exited about this!!
This can change the game on how people can monetise their open source contributions and how open source projects can raise funds (value of initial commits, big milestones, forks, white-papers, hacks... etc).
Tokenisation of software, here we come!
@zufius Yes!! We're really hoping to empower pro-bono developers this way and give back to the OS community
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As others have said, great application of NFTs! Also like the selection of Polygon; at my new (pre-ProductHunt) startup I selected Polygon as well because we'll be paying for gas too. Luckily with the $250 of MATIC we bought I probably won't have to even look at it for years because the gas fees are so low. Congratulations on the launch, I'll be watching (and likely using) GitNFT!
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@kristian_kielhofner Thanks Kristian! We share your thoughts on Polygon and looking forward to seeing you in the platform and helping you monetise your work 🙌
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@r0dms Thanks Rodrigo, I wish you the best of success with GitNFT!
@kristian_kielhofner Thanks Kristian. Any idea what you are going to mint first? Keen to hear your ideas!
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@david_butler93 We should be open sourcing our JavaScript client implementation soon and given our space and application (non-transferable NFTs for media asset verification records, NFTs for media assets themselves) I think it would only make sense to mint our first release! More at our website if you're curious: https://tovera.com/
@kristian_kielhofner I just signed up. Love the control it gives users over their assets. Also like how you are considerate of privacy too (in a past life I worked in cryptography and privacy (id stuff)). Please get in touch when you do open source it!
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