A New Business Model for Open Source Projects

Sep 05, 2018

Storj offers a new program that enables open source projects to monetize from storage.

Storj is a fully open source and decentralized storage solution that brings an Airbnb-like business model to users who have extra storage and bandwidth. At the Open Source Summit North America, Storj announced a new program that extends the revenue generation model to open source projects.

The newly announced Open Source Partner Program enables open source projects to generate revenue every time their users store data in the cloud.

“Our Open Source Partner Program will help open source companies to remain open and free and invest in growth,” said Storj CEO Ben Golub.

The program can in fact be a boon for those open source projects that are often constrained by budget.

“It will also enable them to achieve more within their budgets, supporting them in becoming profitable, accelerating roadmaps, or meeting other financial-related goals,” Golub added.

Storj tracks usage on the network and returns a significant portion of the revenue earned when data from an open source project is stored on the platform.

Ten new open source players are joining Storj and integrating it with their products. These projects include Confluent, Couchbase, FileZilla, InfluxData, MariaDB, Minio, MongoDB, Nextcloud, Pydio, and Zenko.

On a side note, if you have extra storage and networking bandwidth, you can also join Storj as an individual.

Source: https://storj.io/#waitlist

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