SINGAPORE, April 10, 2025 — A new blockchain platform aims to solve the perennial challenge of financing open-source software development by creating tradable tokens tied to project contributions.
REPO Protocol unveiled its Launchpad platform today, introducing a financial framework that tokenizes open-source projects and distributes rewards based on measurable developer input. The system creates what the company calls a "self-sustaining ecosystem" where contributors receive immediate compensation while investors can back promising projects.
The platform operates through a dual-token model. A governance token ($REPO) manages protocol-wide decisions, while project-specific tokens represent individual repositories. Contributors earn rewards through two mechanisms: "Proof of Contribution" delivers immediate tokens for tangible work like code submissions, while "Proof of Merit" builds long-term reputation scores that enhance governance rights.
.PNG)
"We're transforming the intangible value of code and research into a quantifiable ecosystem," said Dr. Ding Sun, a core developer. "This is a critical step toward a future where decentralized collaboration powers progress."
Three open source AI projects have joined the platform at launch, focusing on code analysis, standardized quality scoring for open-source AI software, and AI-driven smart contract auditing. The platform supports deployment across multiple blockchain networks including Ethereum, BNB Chain, other EVM-compatible Chains and Solana.
Projects that reach a $14,400 market cap can "graduate" to decentralized exchanges, at which point governance fully transitions to community control—underscoring the protocol's focus on decentralized autonomy.
The launch represents a significant experiment in creating market-based incentives for previously undervalued technical work. If successful, it could establish a template for sustainable funding models in collaborative development environments where traditional venture capital and corporate sponsorship have proven inconsistent.
For more information about REPO Protocol:
Website: repofi.io
White paper: https://repofi.gitbook.io/whitepaper
Twitter: https://x.com/REPO_Protocol
The REPO Protocol is a financial layer for open science and open source software development that transforms how we fund, value, and collaborate on open source projects. It converts open source contributions into quantifiable digital assets, creating a self-sustaining ecosystem where contributors earn both tangible rewards and governance rights.
