Open-source Monetization Approaches
December 9, 2022 • Author: Jörg Rech
Open-source software is a type of software that is released under a license that allows users to freely access, modify, and distribute the source code. This approach has many benefits, including increased collaboration, transparency, and innovation. However, it also raises the question of how developers can monetize their OSS projects and sustain their efforts.
This website offers a curated list of over 30 monetization strategies. The list is organized into several categories, including donations, subscriptions, sponsorships, and grants.
Donations are a common and straightforward way to monetize OSS. The website recommends using platforms such as Patreon, Tidelift, and OpenCollective to receive and manage donations from users. These platforms typically allow developers to create customizable donation pages, set up recurring payments, and offer perks and rewards to donors.
Subscriptions are another option for monetizing OSS. Developers can offer subscription-based access to their software, services, or premium features. The website recommends using platforms such as GitHub Sponsors, GitLab Sponsors, and Sponsorship.dev to manage subscriptions. These platforms typically allow developers to set up subscription tiers, track payments, and offer perks and rewards to subscribers.
Sponsorships are another way to monetize OSS. Developers can seek out sponsors who are willing to support their projects with financial or in-kind contributions. The website recommends using platforms such as Bountysource and CodeFund to connect with potential sponsors and manage sponsorships. These platforms typically allow developers to create profiles, showcase their projects, and receive and manage sponsorships.
Grants are a less common but potentially valuable source of funding for OSS projects. Developers can apply for grants from organizations that support OSS, such as the Mozilla Open Source Support (MOSS) program, the Linux Foundation, and the Apache Software Foundation. The website recommends using platforms such as OpenCollective and Open Source Collective to apply for grants and manage the funds. These platforms typically provide information on available grants, application processes, and reporting requirements.
... and the website lists over 30 more monetization strategies.
In addition to these monetization strategies, the repo also provides valuable resources and advice on other aspects of OSS monetization. These include tips on creating a compelling value proposition, building a community of supporters, and tracking and reporting on the success of monetization efforts.
Overall, the repo https://github.com/PayDevs/awesome-oss-monetization is a valuable resource for anyone interested in monetizing OSS. It offers a curated list of tools and platforms, along with useful tips and advice on how to effectively monetize OSS projects. Whether you are a developer looking for ways to sustain your OSS efforts, or a user looking to support the OSS community, the website is worth exploring.