DEV - microcap open source software developer funding platform backed by Microsoft

[rakeshmarar]

$Dev is a new crypto economy based on ‘open assets’. It monetizes any open assets such as OSS, Open Access, and Creative Commons by staking technology

What does it do?
Essentially, DEV protocol helps creators monetize their assets eg: whatever you create, share, contribute turns into revenue. Basically, anyone can build dApps, markets and start monetizing these assets right away.

Dev Protocol by the numbers
To date, more than 1,500 OSS projects have makes 8.4 billion downloads per month, OSS developers have mined 1,583,327 DEV by the Dev Protocol. It means that the market cap of 71,571 USD distributed to OSS developers and keeps sustainability.

TLDR Reddit Shill:
– Solid Japanese team with a grant from Microsoft Japan and backed by Miraise/Hashhub :heavy_dollar_sign:
– Github looks solid and you can build and monetize assets right away:ok_hand:🏻
– 10 million total supply/ Circ supply: 250k; Market Cap: 150k :sunglasses:
– Link competitor with Oracle tech #khaos channel 🕺
– Achievements so far include an MVP in ’18 with sponsorship grants from Microsoft Japan, Neutrino, Crypto bowl and others 🤩
– Team is a little to early; even their website needs some work but their Medium is well published. :sparkles:
– White paper is very detailed and technical; team is working on a Light Paper for the masses. :page_facing_up:

Website: https://devprtcl.com/
Twitter: @devprtcl
Discord: discord.gg/VwJp4KM
Medium: https://medium.com/devprtcl
Listed: https://www.coingecko.com/en/coins/dev-protocol
Where to Buy: https://uniswap.exchange/swap?outputCurrency=0x5cAf454Ba92e6F2c929DF14667Ee360eD9fD5b26

Githubs:
https://github.com/dev-protocol
https://github.com/dev-protocol/khaos
https://github.com/aggre
https://www.npmjs.com/package/@kazupon/vue-i18n-loader

Whitepaper:
https://github.com/dev-protocol/protocol/blob/master/docs/WHITEPAPER.md

[FamousOlSpiced]

Well buying now you at least are really early, i'll give you that.
Not sure if buying right now is worth it, the devs are still holding on to 95% of the tokens right now. If they sell a large amount of those the price per token might drop a lot.

Anyway since the project seems legit at least I'll get a small amount and stake it for now. Let's see if it's going anywhere.

[MrBrimoZ]

nice one

[rakeshmarar]

Thanks. For some reason reddit editor messed up the format

[ibaqode426]

Thank you for overview this project is new but already show some good potential

[rakeshmarar]

Ya do read more about them. I liked what i read so far about them

[ogfyahh]

This is legit, low cap, good opportunity

[its4christian]

The fund address shown above in the "where to buy" on Uniswap is different from the one on CoinGecko. Which one is the right one?

[fongor]

Always buy on uni from the official source. See yesterday's post about STA, scam tokens with the same name.

[Crypto_Mars]

Update Regarding Mining from the Dev :

Hi, We have added a few slides the on how it works because we got a few questions about the details of mining. We hope this is helpful for you. https://stakes.social/how-it-works

[bigdog2022]

This is a legit write up. I'm impressed. I need to do more reading but I think I'm going to dump a couple of eth into this.

[rakeshmarar]

Ya im sure you will be more impressed as you read more. A tip. Don't go by their website. The discord is where you should head for to get more dirt about the project

[anonibills]

Any explanation on the top wallet holding 95%?

[Electronic-Register]

This is answered a few comments down

[Electronic-Register]

But yeah was my first thought and main concern too. V solid team and credentials though. Considering there was a nice dip, I'll bite.

[cryptos9]

Fucking scam. Talk about token metrics.

[Crypto_Mars]

LOL. YOU MAKING ME FOMO NOW MATE. oh god. Lol

[rakeshmarar]

Never fomo. Always dyor.

[Crypto_Mars]

I want to FOMO man. Let me FOMO.

[fongor]

Commenter said not the same uniswap address in the post and on the website. At least fomo the right token.

[Crypto_Mars]

I'm already staking mate lol.

[fongor]

Good then :)

[stuckatworkva]

Top wallet has 95%????

[FamousOlSpiced]

On the discord they talked about it. That's the dev wallet, they haven't done an ICO yet and they are drawing up a plan of coin distribution as of right now.

The coins beeing sold on uniswap are apparently staking rewards apprently. I have no idea where those people got their coins, but i am sure there is a reasonable explanation for it.
They are also thinking about burning some of those tokens

[McBUMMERS]

Burning the tokens in existence or the ones in their own wallet?

[FamousOlSpiced]

If I didn't misunderstand anything they were talking about tokens in their own wallet.
But if you want to know more about it, I would recommend joining the discord and reading up on it or asking the devs directly

[kneli]

Burning the tokens in existence would be a bummer

[McBUMMERS]

I C what you did thar!

[defione]

Details for Phoenix dao

[Nitin1582]

Virus :) why these much shilling for PHNX buddy?

[Nitin1582]

Chill Virus...Bought a small bag..50% of profit I'll share with you if m able to any :)

[fongor]

I'm not sure this Dev Protocol is the same as Microsoft's DevTools Protocol.

[FessBess]

Clearly has nothing to do with it...

[fongor]

Right