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Recent popularity in technological fields like Artificial Intelligence, Machine learning, Blockchain, IOT, have brought the 4th Industrial Revolution. As their adoption is yet to peak, the demand for professionals in these fields will grow exponentially, creating a serious market gap. The need for professionals in these fields can be guessed from the fact that more than 30% of the current job will be replaced by the jobs in these latest technological sectors only.
Companies tend to spend billions of dollars in developing proprietary software, which keeps open-source software ideology alive.
**Current situation**
If you carefully analyze, the software developing trends, then you will find out that companies have started to shift toward open source software. This will give users more freedom to change the software according to needs and deeds. But, still, there are issues with the current open source development practices like-
- ➢➢Open source software development needs to be sponsored as software are distributed free of cost.
- ➢➢Current technical education is insufficient to meet the demands of emerging domains
- ➢➢Number of open sources projects are growing
- ➢➢Developers shift to big companies because of no rewards in open source software.
We need to device some of the kind of strategy to reward open source developers if we want to keep the technology open to all. And this is what [Developeo](https://www.developeo.com/)is trying to achieve.
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**What is Developeo?**
[Developeo](https://www.developeo.com/)is a platform built on Ethereum which aims to revolutionize an open source ecosystem by implementing the token based remunerations for developers. The platform will reward the developers with tokens (can be converted to fiat currency) depending upon the quality of the code.
- ➢➢The code will be reviewed by the community project managers and the members of the community.
- ➢➢Just imagine a situation where you can earn by just improving someone's code (sitting at your home).
Developeo aims to promote DEVX which will also include online learning platform. Developeo DEVX University, DEVX certification course, DEVX boot camps will ensure that the best education in the most advanced platform can reach to everyone. [Developeo](https://www.developeo.com/)University will focus on the latest technologies like AI, ML, IOT, Blockchain, Neural Network and many more.
**Why Developeo?**
The questions arise that why we need a platform as we have many universities? But, we have to understand that fact that Universities are not focusing on the education which can meet the future needs. The curriculum in most of the universities is still old. This is where DEVX University can help the students.
Apart from this, Developeo also believes that the developers should not work for free, be it open source development. So, they invite them to join the platform to get a reward in exchange for their contribution to any open source project.
**How does Developeo work?**
Becoming a part of [Developeo](https://www.developeo.com/)community is very easy. You can quickly register using your GitHub account. The quality of the code will be monitored by both software developers and the project managers. The reward (in terms of DEVX tokens) will be distributed at the end of each month using a decentralized voting system. The voting considers three main factors-
- ➢➢Importance of the contribution
- ➢➢Quality of the code
- ➢➢The reputation of the developer based on his/her past contributions
**Developeo ICO**
Developeo token is known as DEVX (ERC20 token). The token will be used as
- ➢➢Reward the developers
- ➢➢Currencies in the Developeo market
- ➢➢Registration for certification programs, boot camps
There will be a total of 600 million DEVX token out of which only 480 million will be available for sale and the rest of them will be reserved for the developers. The platform has also set up a soft cap of 500 ETH and a hard cap of 2,500 ETH.
**Developeo and its future**
[Developeo](https://www.developeo.com/)aims at promoting the development of open source software by giving developers a monetary reward for their contribution. This platform will certainly give confidence to many independent developers, university students who think that they can come with the product which might benefit a large group of people.But, the platform is not only limited to helping developers. It will help students learn about the latest technology so that they can contribute toward better future. We hope that ideas like this will keep coming as it is necessary to promote the open source development.
**Website link** - [https://www.developeo.com/](https://www.developeo.com/)
**Whitepaper** – https://www.developeo.com/DevWhitepaper.pdf
**Telegram** - https://t.me/developeo
**ANN** - [https://bitcointalk.org/index.php?topic=3075079.0](https://bitcointalk.org/index.php?topic=3075079.0)
**Facebook** – https://www.facebook.com/developeodevx
**Twitter** - [https://twitter.com/Developeo](https://twitter.com/Developeo)
Published by **JessicaLauren**
Bitcointalk profile **- https://bitcointalk.org/index.php?action=profile;u=1936052**