OPENGIFT ICO – OPEN-SOURCE PROJECTS MONITIZATION

OpenGift is a blockchain based startup whose focus is on the current open-source ecosystems, whose goal is to shake things up and inject new vigor to the industry by making the creation of open-source software solution a highly attractive endeavor for developers all over the world.

Opengift provides a platform where OS projects publish information about their development goals and progress. The platform analyzes a great amount of metrics and creates a project profle for investors and sponsors. Project shares (tokens) can be distributed among project teams’ members and investors, while sponsors can fnance development of software they need.
The platform is integrated with blockchain and smart-contracts to process and guarantee fair and transparent earnings distribution. Such a system also allows backers to prioritize some of the project’s goals over other, or set up a new one.

One of the platform’s key features is a crowd sourced technological map that will simplify the task of searching perspective projects. For example, one could fnd and compare projects by simply typing a problem he wants to solve in a search bar.

VISION

The OpenGift platform is the frst step to creating an ecosystem, where sponsors and investors could get a clear picture of a project’s progress, problems it aspires to solve, interconnection with other projects and its importance for the ecosystem.

The platform will make OSS more understandable even for people not profcient in IT, and make OSS more interesting for crowdinvesting while users will be able to decide what features they invest in.
OpenGift connects OSS users, investors and developers in one ecosystem that will speed up project development and improve quality of OSS. It will help OSS become customer-oriented and user-friendly, leaving no reasons for using more expensive proprietary software.
As a result, our platform will enable companies and users to cut a substantial part of their IT costs, while developers will earn more. The only market players to lose are intermediaries and agents.
OpenGift platform also seek to create a mutually beneficial ecosystem under which businesses will be able to fund specific Open-Source apps creations by developers and in the end get to use such apps as the cost-effective alternative to legacy software that would have otherwise cost them multiple times.

BENEFITS

An incentive is a great motivator, and for both developers and small businesses, there is no shortage of incentives on the OpenGift platform.

The platform seeks to create a reasonable and consistent income for developers, as businesses can fund the creation of software solutions tailored exactly for their needs, which of course will be open-source at the end of the day.

Donations which were previously very sparse and discourage developers from devoting more time will now become consistent, and for the businesses, their donations reap the exact rewards they are hoping for as the developers only work on the projects the businesses donated for.

With the aid of Smart Contracts, OpenGift will be completely transparent and protect the interest of both developers and backer.

OpenGift monetization model

This platform is completely free for all participants and once complete Development phase will be fully open. Our main goal is to build a tool for the OpenSource community.

So how do we plan to earn money for the development of the OpenGift platform?

As all donations will be made in GIFT and the number of GIFTS available In this limited system, the price of the coin will rise proportionally with donations / payments through the platform The model implies that the OpenGift team and ICO participants can only benefit from currency appreciation.

In addition, the OpenGift Platform is also listed as one of the projects on the platform. Investors who purchase OpenGift tokens will be able to receive a share of future donations on the project

TOKEN AND ICO DETAILS

GIFT is a utility token that is used in the OpenGift ecosystem. The smallest piece of value one could transfer is 0.0001 GIFT. All 100% of 160 000 000 GIFTs will be created and distributed within the initial ofering phase. No coins to be emitted after the ICO.
The distribution is structured in a way to provide for even the most security- conscious investors with an option to purchase GIFT coins until the desktop version of the wallet is released (so there is no need to store private keys on our servers.)

Token distribution

ICO timeline
PreSale will be performed in two phases:
· Closed PreSale: 10th Feb - 19th March. Only the users who have registered
on OpenGift.io in advance can participate in the Closed PreSale.
· Public PreSale: 19th March - 19th April.
GIFTs available for distribution: 10 000 000
GIFT price: 0.06 $
Soft Cap = 100 000 $
Hard Cap = 480 000 $

FUND USEAGE

The OpenGift platform will use most of the funds raised in order to fully develop the platform to its full potential. Other important areas slated for funding include aggressive marketing exercises, as well as legal expenses for the platform.

for more information about this incredible project kindly visit the link below:

website : https://opengift.io/pub/
whitepaper : https://opengift.io/static/documents/wp.eng.pdf
bounty : https://bitcointalk.org/index.php?topic=2914988.0
twiter : https://twitter.com/OpenGift_io
ANN : https://bitcointalk.org/index.php?topic=2915520
telegram : https://t.me/opengift

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409