tea protocol launches 250k Grant for Open-Supply Builders

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

tea is shaking up the digital world by addressing the long-standing situation of insufficient compensation for open-source builders. Fixing this situation is extra pressing than ever, which is why we have now determined to deploy $250K in grants forward of the launch of the protocol. This preliminary stage goals to help maintainers of open-source initiatives which have a cloth 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 undertaking qualifies? You may test your undertaking’s teaRank right here and be taught extra about what this represents on the protocol right 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 builders

The tea protocol strives to determine an surroundings the place open-source contributions will not be solely acknowledged but in addition appropriately rewarded, guaranteeing a sustainable future for the unsung heroes of the digital world. Central to the tea protocol is its vibrant neighborhood of undertaking 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 undertaking 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 might like to have you ever apply for the grant.

Contact

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