codesy is a pay-what-you-want market for the open source community where we can tip each other to fix important bugs.
We believe open source simply creates better software for everyone - anyone - around the world. As open source developers ourselves, we don't appreciate proprietary companies that profit off the open source community without giving us access to their code. So, codesy has been completely open-source from the beginning, and we invite you to help us make it the best funding platform for the open source community.
For more on this, see Red Hat's Why open source? page.
Our goal is to improve, and participate in, the open source ecosystem, not to re-design it around financial incentives. We hide the financial amounts of bugs to protect the social market of the community. Publicizing bid amounts creates artificial (and detrimental) monetary incentives to what is an otherwise socially-motivated activity.
For more on this, see A tale of two markets (pdf), a research article by James Heyman (UC Berkeley) and Dan Ariely (MIT)
When you land on a bug, you can quickly and easily "bid" a couple of amounts:
When a developer submits their claim, the offering bidders must unanimously approve the claim, so the offering bidders are completely satisfied.
Note: We are eager to learn more models for approving claims. If you have an idea, please file an issue on GitHub
When you bid an offer on a bug, we add a 2.5% charge. E.g., if you offer $10, we will charge $0.25.
When you receive a payout for a fix, we add a 2.5% charge. E.g., if you receive $100, we will charge $2.50. We will automatically deduct this from your payout.