CanYa Acquires Bountysource One Week Before Its ICO Closes
SAN FRANCISCO, CA & MELBOURNE, AUSTRALIA -- December 20, 2017-- CanYa has again raised the bar for ICOs following a major acquisition of Bountysource and its passionate 46,000 open-source developer community. In a world where most ICOs (and traded cryptocurrencies) have no product or user-base, this move is unprecedented. Bountysource directly aligns with CanYa’s long term goals of being a peer-to-peer marketplace of services for digital nomads to work in their own time, on their own terms.
“The CanYa team are aggressively accelerating blockchain technology adoption in a meaningful way, and we see the acquisition of Bountysource as pivotal in growing fast and introducing more communities to cryptocurrencies.” -- John-Paul Thorbjornsen, CEO, CanYa,
Bountysource is the world’s first and largest peer-to-peer platform for open-source software developers to post and complete open-source bounties. Bountysource has a passionate community and throughout its 13 year old history has had a number of high profile teams including IBM, Facebook, Adobe, Ripple and Uber. Jihan Wu and Andreas Brekken, two widely known public figures in the cryptocurrency community, have also engaged with the platform. The Bountysource community has been growing completely organically by over 1000 new members every six weeks, which is reflective of the high growth of the open-source movement. The CanYa team are excited to see what the growth potential can be with a dedicated full time development and marketing team behind the project.
“This is the perfect timing to double-down on open-source software. With blockchain protocols soon to power the world, there is now a huge expectation that software be open and to be contributed to by a wide variety of users. Bountysource will be the portal and a major repository of open-source software.” -- John-Paul Thorbjornsen, CEO, CanYa
Some of the initial plans for Bountysource will include the integration of numerous cryptocurrency payment options including the CanYaCoin, while also refreshing the user experience, reducing fees and adding a portal for ICOs and blockchain based platforms to add bounties for smart contracts.
As the CanYa CTO, Juan Suarez explains: “Smart contracts need more scrutiny than other types of code - as we’ve seen in 2017 already, exploits and vulnerabilities can be hiding in plain sight. Bountysource will be the best place for blockchain teams to get their smart contracts scrutinised before being pushed live.”
True Global Ventures is an early seed investor in Bountysource and will stay on as a shareholder. Additional parties may be involved in the near future to further support the roadmap and vision of CanYa. Dusan Stojanovic, the Director and Founder of True Global Ventures adds his vision:
“I am delighted by having CanYa and its great team as a new partner in Bountysource. As more and more open source projects reach the market bounties have become an important source of income to digital nomads all over the world. TGV firmly believes in the power and knowledge of the open-source community, specifically for bounties in blockchain and ICO projects. The timing is perfect and CanYa will be an excellent partner to take Bountysource to the next level of acceptance and growth"
The CanYa ICO is currently ongoing with $7m of its targeted $10m raised. CanYa will be the first ever Decentralised Autonomous Organisation for peer-to-peer services globally. By integrating a number of emerging decentralised technologies, CanYa will have no geographic or financial boundaries while offering a 20x disruption in price when compared to traditional incumbents. Ultimately, CanYa will be powered completely by its users and their resources.
CanYa is the world’s first blockchain-powered marketplace of peer-to-peer services that helps people find, book and pay for digital services. The CanYaCoin powers the ecosystem and will help accelerate the mainstream adoption of cryptocurrency by providing a meaningful reason to spend cryptocurrencies on services.
Bountysource is the first dedicated crowdfunding platform for open-source software. Created by developers, for developers, Bountysource is a community-friendly marketplace for funding open source software projects. Founded in 2004 in San Francisco, the company has been funded by international super angel fund True Global Ventures.