Came across a link to http://gobithub.com on the GHslack and I kinda like this concept.
It’s like GitHub for coders but with a twist. When you create a new project and you fund your account with some BTC a colored coin is issued which is then distributed to developers who are contributing to your repository.
There is some pros and cons to it though because there seems to be little to no control over how rewards are distributed which could just lead to a lot of junk code being committed to reap in rewards. Anyway, I love the approach BitHub took and I guess they’ll fine tune the system once (and if) it grows.
Either way… yet another very cool application of the open assets protocol (through Coinprism’s API).