DEVELOPEO (DEVX)

Introduction

By definition, “Open-source software (OSS) is computer software with its source code made available with a license in which the copyright holder provides the rights to study, change, and distribute the software to anyone and for any purpose”.

There have been lots of tremendous open-source projects used by millions of people worldwide such as Linux, MySQL, Firefox and most recently — Ethereum, enabling disruptive tech projects to utilize the benefits of blockchain infrastructure.

Of course, Linux, MySQL and Firefox are all more than a decade old. One can’t help but ask what is the current state of open-source software. Is the concept still alive and how does it connect to blockchain and distributed ledger technology?

The Open-Source Market Landscape

Despite billions of dollars poured into proprietary software production each year, the ideology of open-source software is alive. In fact, it has been boosted by the macro trend of the collaborative economy. In recent years, we have been noticing a shift from private to public open-source development, largely driven by the growth in the popularity of platforms such as Github. In 2017 alone, the Github community reached an astonishing number of 27 million registered developers, working across 67 million code repositories.

These numbers will only be growing in upcoming years as the technology industry has been growing. But what are the main benefits of Open-Source Software? From a business perspective, elimination of vendors, lowering costs and complete system integration are the top 3 benefits of Open-Source. In addition, according to The 2015 North Bridge and Black Duck Future of Open Source Study, 55% of the surveyed companies believe open source delivers superior security when lined up against proprietary solutions. Finally, Open-Source has always been a driver of innovation. Blockchain is the latest example, although this trend goes back in time. In 2017, for the first time, each and every one of the top 100 supercomputers was running Linux — the Open-Source Operating System.

Contemporary issues in Open-Source Software

While the tech industry has been booming over the last decade, open-source software development needs to cope with two fundamental issues in order to match the growth rate, if not exceed it.

First, and foremost, it’s absolutely essential to understand that high quality and secure software development is expensive in some ways. In contrast, often open-source software is distributed free of charge. Thus, open-source software development needs to be either sponsored from a market incumbent or talented engineers need to work on code committing their free time. This creates a serious gap between world class open-source software development and talent availability. As noble the idea of open-source development is, not all talented engineers cannot be expected to be exclusively dedicated to a project as long as they are not rewarded or recognized in the end.

Rewards

Developeo is a blockchain startup and platform, which aims to revolutionize the open-source ecosystem by introducing a token-based reward system. Depending on the amount and quality of code that an engineer has contributed, Developeo will reward contributors with tokens which can be instantly converted to fiat currency on any crypto exchange. The contributed code will be reviewed by community project managers and the community, before the rewards are distributed to the developers’ wallets.

Developeo will be built on the Ethereum blockchain, enabling talented engineers to get rewarded for their software code contributions through smart contracts. The rewards will be distributed in DEVX tokens. There are over tens of millions of engineers involved in the open-source software community and the bigger chunk of the contributions are left unrewarded, except for some “big brand” prizes. We believe that for the long-term health of the open soure community and the projects that they build to survive, the contributors should be rewarded accordingly.

How it works?

Developeo’s platform, allows the open –source community a simple login using their Github account. The decentralized platform will be driven by both software developers and project managers who will oversee the software development and have a heavier influence on evaluating the quality of code committed.

REVENUE MODEL: Developeo Marketplace

The Developeo Marketplace will provide job opportunities to talented software engineers from the Developeo community. The marketplace will be filled with talent from the Developeo Bootcamps. In recent years, tech development has been by far the fastest growing segment of talent hunting and it is only fitting that the platform addresses the market demand.

Target Customer Segments

Despite working towards preserving and promoting the open-source software community, Developeo has a number of different revenue streams which stem from addressing serious market gaps. Thus, the business model of Developeo will revolve around targeting the following niches in the tech industry:

● Software Development

● Digital Expertise

● NEXT-GEN Bootcamps

● NEXT-GEN Education (AI, BLOCKCHAIN, DATA SCIENCE, CODING, IOT, DATA ARTS)

● Certification

● Advisory Services

The DEVX Token

Developeo will operate its native ERC20 token, which will go by the symbol DEVX. The token will be a utility token, which means its purpose goes much deeper than speculation on exchanges. The DEVX tokens will have several applications within the Developeo platform itself, including:

● Rewards for committed code on the open source projects/platform

● As a currency in the Developeo marketplace

● Registration for bootcamps, certification programs and the university, as payment with the DEVX token will actually lead to a significant discount in price.

600,000,000 DEVX Tokens

Initial Coin Offering

While the Developeo platform is in a development stage, the team looks to fund the project with a token sale in the Q1 and Q2. With a potential user base upwards of 10 million, the platform needs to be developed in a scalable way in terms of infrastructure.

The token sale is planned as follows:

480,000,000 DEVX for Private Presale — Public Presale — Public ICO 120,000,000 DEVX for Developeo

• 120M Token Breakdown:
• 20 million tokens Founders
• 60 million tokens Rewards + Reserve
• 20 million tokens = Extra layer of protection against market speculation ( i.e pump & dump)
• 15 million tokens = Bounty
• 5 million tokens = Team

Hard Cap = 480,000,000 DEVX TOKENS

HELLO GUYS GO JOIN THIS ICO, I BELIEVE, YOU AND ME WILL BE A SUCCESS…!!

WEBSITE : https://www.developeo.com/
WHITEPAPER: https://www.developeo.com/DevWhitepaper.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=3075079.0
MY BITCOIN USERNAME : Efta321
MY ETH WALLET ADDRESS : 0x8B447B829139f1E2E237fAee31604e60b03bC41E