TrendsVC PRO 0080 – Monetized Open Source

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Two-Way rating systems, proof-of-stake protocols and airdrops can be used. “uncornered” innovations.

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TrendsVC PRO 0080 – Monetized Open Source

Why it Matters
Open-Source projects allow creators and companies to be more flexible and reduce platform risk.

These efforts are made sustainable by Monetization

 Problem
Platform risk leaves you vulnerable to closed doors-source companies. Vendor lock applies to you-In and Rent-seeking behavior.

What is the Oracle database? They have just increased prices? And won’t listen to request features?Too bad. You can’t touch the code. The switching costs can be very high.

 Solution
Monetized Open-Source projects offer some or all of their code for free.

You have the power to make it better.

 Players
Projects

WordPress • The most popular website builder
Plausible • Google Analytics alternative
Elastic • Search, analyze and visualize data
Medusa • Shopify alternative
Builder • Visual website builder
Posthog • Alternative to Mixpanel and Amplitude
Supabase • Firebase alternative
Semgrep • Static analysis tool
AnonAddy • Anonymous email forwarding
Penpot • Figma alternative

 Predictions
Monetized Open source projects will be more ambitious.
NocoDB, Baserow and other Airtable options are available.
Alternatives to Integromat and Zapier are n8n.
Medusa is an alternative to Shopify.
The public will benefit from networks. The most efficient way to generate wealth has been through centralized networks. Here are a few. As NFX states: “70% of value in tech is driven by network effects.” Check out Amazon and Facebook. User-generated value-Participating network participants and principals receive the benefits of owned networks. OpenSea’s alternative to LooksRare, is LooksRare. Network effects will be strong. The place where value is accrued will change.

Opportunities
Compete with incumbents by utilizing a counter position You should make it difficult for them copy your strategy. You should not copy their business. Shopify offers Medusa as an alternative. It’s unlikely that Shopify will open source. Even if Medusa is a formidable competitor.
Contribute to the open without permission-Source projects Open source projects.-To build a portfolio, source contributions and search for jobs. Laszlo Block is a former Vice President of People Operations at Google. He says that the number of Google employees who have not completed a college education are on the rise.
Use open-Source alternatives to avoid vendor lock and platform risk-In and Rent-seeking behavior. Code that you can fork, self-host. Oracle can increase prices without adding more value, because switching costs are high.
Resolve complaints and make contributions. Accept pull requests. As well as feature requests. Add opendevices to your development team.-Source contributions

Risques
Consulting • Services are less scalable than hosting and dual-license models. Be aware of marginal costs before you make a decision about this strategy.
Community Backlash • Moving free features to paid tiers may lead to backlash.

 Key Lessons
The real winners of open source monetization are the users. Public goods are more open than private goods.-in.
However, value creation doesn’t automatically result in value capture. Two-Way rating systems, proof-of-stake protocols and airdrops can be used. “uncornered” innovations.

 Hot Takes
It will be difficult to enforce IP rights in the new world. CryptoPunks creators are being criticized for not following the correct approach to derivatives. Bored Apes are slightly less strict. Digital scarcity was brought about by the NFTs. Legitimacy will be ruled by social consensus and legitimacy.
Wealthy benefactors will openly use-Source projects to help strengthen closed ecosystems, and attract talent. Apple with Swift and Meta using React.

 Haters
“Monetization pollutes intrinsic motivation of developers.”

Why do open-Donations and sponsors are needed for source projects. Software is only as good as its resources. Sustainable public goods are important. Gitcoin is growing in popularity because of this.

“This sounds idealistic. Very few people actually contribute to these projects.”

Contributions are only one part of the equation. Other aspects include the ability to fork or customize code. This allows for less lock-In and less rent-seeking. The ability to fork a project, paradoxically, makes it less likely that you’ll need to. Forkability is an obligation to fairness.

“I can make more money with a closed-source model.”

Monetized Open source is not a tool. Start with the basics. What’s the best way to achieve your mission? This is how you can achieve your mission.

 Links
Whom should I speak to about monetized Open Source? • The tweet behind this report.
Building a $1 Million Business Solo with Mike Perham of Sidekiq • Mike reached $80,000/month without hiring.
8 Ways to Make More Money Open Source • Includes donations, paid support, dual licensing and more.

 Similar Reports
Open Startups • Open-Source contributors are made public.
Productized Services • Scale while avoiding key-person risk.
Consulting • Carve a niche by focusing on one open-source ecosystem.
Growth Tools • Open-Core projects can be used as growth tools by paid tiers.
Digital Products • Make themes for open-source ecosystems.

 Thank you
Stewart Townsend and Steve Sewell, Tarun muvvala, Marc Seitz and Jorge Masta are sincerely grateful.

int Gible. This report was a lot of fun.

 And what else?
Trends PRO #0080 — Monetized Open Source More information is available here

What you’ll get:

30 Projects (200% Additional)
5 Predictions (plus 150% more)
11 Opportunities (175% More)
4 Risiken (100% More)
4 Key Lessons (100% More)
4 Hot Takes (100% MORE)
9 Links (200% more)
14-Audio episode of a minute with exclusive Monetized Open Source Stories, insights and potential.
With Trends Pro you’ll learn:

(Pro) A $1,500,000/year productized services on an open platform was built by a Pro-source ecosystem?
( Pro) What’s dual licensing?
( Pro) How can NFTs succeed when using CC0 licences?
( Pro) Who has built a $750,000,000 business on open data?
(Pro) How to Find 200+ Open Positions-Are you looking for alternatives to well-known tools?
(Pro) What’s value-market fit?
( Pro) What is the new moat from rollups

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