Meera, Nair and Robert, Jenkins and Hassan, Al-Bayati (2024) Tokenized Incentive Models for Collaborative Software Development Using Blockchain and Smart Contracts. American Journal of Technology Advancement, 1 (4). pp. 25-41. ISSN 2997-9382

Text Tokenized Incentive Models for Collaborative.pdf Download (357kB)

Abstract

The rapid globalization of software engineering has transformed collaborative development into a distributed, multi-stakeholder process spanning open-source ecosystems, corporate teams, and cross-enterprise partnerships. However, traditional incentive structures—such as reputation systems, issue trackers, and monetary rewards—often fail to provide transparent, fair, and tamper-resistant mechanisms for motivating and rewarding contributors. Recent advances in blockchain and smart contract technologies enable the design of tokenized incentive models, where digital tokens serve as programmable assets to recognize, reward, and govern collaborative contributions. This article explores how blockchain-based tokens can be used to incentivize code contributions, bug reporting, peer reviews, and security testing within decentralized software ecosystems. Smart contracts automate reward distribution, ensuring that contributions are auditable, immutable, and aligned with pre-defined project policies. Real-world analogs such as Gitcoin’s tokenized bounties and OpenZeppelin’s governance tokens demonstrate early adoption of such models, with measurable outcomes—Gitcoin reported over $50 million in tokenized developer rewards distributed between 2017–2023, significantly enhancing open-source participation.

Item Type:	Article
Subjects:	T Technology > T Technology (General)
Divisions:	Postgraduate > Master's of Islamic Education
Depositing User:	Journal Editor
Date Deposited:	03 Oct 2025 12:02
Last Modified:	03 Oct 2025 12:02
URI:	http://eprints.umsida.ac.id/id/eprint/16405

Actions (login required)

View Item