I’ve had three glasses of wine after a long day at work, and I’ve began thinking about the slow shift towards federalization/decentralization.

I find myself concerned about the question of incentives. What motivates the owners and maintainers of federated services to continue their efforts over the years? Donations alone are unlikely to cover the costs of servers, let alone the time required for code/infra maintenance, along with community moderation.

It is evident that most successful open source projects have found alternative avenues to sustain Incentivisation. One common approach is offering enterprise packages or services, which generate revenue to support ongoing development and maintenance. Additionally, some projects find support as subsets of larger corporations, such as Canonical, HashiCorp, Apache, MongoDB, k8s, Chromium, Android, Red Hat, and many more.

I am sure that many of us have witnessed many donation-based or entirely free and open-source (FOSS) projects lose traction over time. In my observations, this can be attributed to core maintainers losing interest or facing limitations in dedicating themselves to the project in the long run. The absence of financial incentives can make it challenging to sustain motivation, as maintaining and developing projects require significant time and expertise, and a genuine interest in the product.

What can be done to address these problems? Is it something like decentralized autonomous organizations (DAOs)?

DAOs provide token-based incentives, allowing contributors to earn tokens representing ownership or value in the project. These tokens can be exchanged or redeemed for various benefits within the decentralized ecosystem. By aligning the interests of contributors with the success of the project, DAOs offer a sustainable incentive structure, while maintaining their decentralized nature.

Although incentives pose a valid concern for a decentralized future, it is important to acknowledge that sustainable models exist. Through the exploration of alternative mechanisms such as DAOs and hybrid models, we can create incentive structures that attract and retain contributors over the long term. I strongly believe that for decentralized projects to thrive and maintain momentum, it is crucial for them to embrace alternative models that effectively retain talented individuals. As these projects continue to innovate and adapt, exploring diverse incentive structures becomes essential to ensure their long-term success.

Thoughts?

  • Cal@kbin.social
    9·
    2 years ago

    As long as capitalism rules the world it’s inevitable that free or mostly alturistic projects will fail. Unless you have a wealthy benefactor or find other sources of income.

    The original Flattr was a good idea, but the non-success and shutdown shows that people are absolutely not interested in donating without getting something in return.

    The original Reddit gold, although flawed, was a good way to support a platform and show appreciation to a certain contributor.
    Maybe a similar system can be implemented where the owners and maintainers get a small cut each time a “gold” is bought and given? But then the question becomes, who will administer that…

    Crypto/token-based incentives in any form will likely fail because of value speculation.

    Perhaps voluntary paid subscription is the right way to go? Get a nice acknowlegement on your profile, and the ability to double upvote a limited number of posts and users? Perhaps access to advanced (own)user statistics? Customizable interface? Templates? Basically cosmetic DLC with a couple of perks.