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Blockstack Bets On Payouts To App Devs

In a pointed backhander to Google’s now-defunct “Don’t be Evil” mantra, Blockstack is piling on an extra incentive to encourage app developers to use their decentralized computing platform.

Their call to developers is to create apps that “Can’t be Evil”, with a developer reward program that will increase payouts from $100,000 to $1 million per month in its App Mining Program by May 2020. Blockstack PBC is a public benefit corporation that wants to decentralize computing and return privacy to users.

Blockstack at the Forefront of a Decentralized Internet

The New York-based company is healthily backed by Union Square Ventures, Y Combinator, Lux Capital, and Digital Currency Group. Now with SEC approval to issue a Reg A+ raise, the startup will begin ramping up its monthly payouts from $100,000 to $200,000 in Stacks tokens (STX) in August. That figure will hit $1 million next May.

Blockstack’s decentralized computing network and secure app ecosystem has already begun disrupting app development by supporting and funding developers.

Blockstack Dapps

There’s now more than 270 of these decentralized applications aimed at protecting you from the ground up, including solutions for blogging, fundraising, and creative collaboration. A few of our recent favorites:

BitPatron is a decentralized, censorship-free Patreon alternative
MyPodium is a fun audio only social network
Photo Vault is a free encrypted photo storage solution

You can also check out all of the decentralized apps (there’s 270 of them!) with a Blockstack ID.

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