Problem #1: IT giants’ substantial domination in resources
No independent team of developers working on a project can compete with the giants in keeping up the development pace, at least in the domain of the corporations' visible priorities.
But, just as any startup is infinitely small compared to an IT corporation, any IT corporation is infinitely small compared to the number of developers outside of it.
The aim of outperforming growth rates can be efficiently resolved by establishing the conditions under which independent developers from around the world will obtain the opportunity to work on the platform project and earn money on it. Focusing the developers’ interests will support the product that will allow them, rather than an IT corporation, to earn money.
The world knows successful examples of open-source software competing successfully with commercial products. The best-known example is the Linux-based OS family. Linux systems are the server market leaders, they prevail in the data centers of enterprises and organizations, occupy half of the embedded system market and hold a significant share of the netbook market. All in all, according to data provided by Goldman Sachs, Linux’s market share among all electronic devices constitutes 42%.
Moreover, some projects are basically impossible and unattainable for corporations. Wikipedia is the most vivid example, with audience in the billions and hundreds of thousands of volunteers supporting it and filling it with new content. The project has become the largest in history structured knowledge archive on all areas of human life.
The very opportunity to create complex products, which requires the participation of hundreds and thousands of volunteers from all over the world, emerged with the rise of the internet. Prior to the emergence of blockchain technologies and smart contracts, the developer community could create products and develop them, but could not reliably expect to earn money on their success.
The world today has changed, and making a profit has become feasible. The humankind has found the technological solutions to ensure the scalability of this project, and, starting with the launch of Ethereum, which opened up the era of practical decentralization, it is now the IT corporations that are experiencing a shortage of resources in comparison with the huge open world that’s infinitely greater than they are. While it has not become apparent just yet, the industry is growing
spectacularly and becoming self-aware, and in the very near future it will be manifested in a multitude of different spheres and types of human activity.
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