In a pointed backhander to Google’s now-defunct “Don’t be Evil” mantra, Blockstack is piling on an extra incentive to encourage app developers to use their decentralized computing platform.

Their call to developers is to create apps that “Can’t be Evil”, with a developer reward program that will increase payouts from $100,000 to $1 million per month in its App Mining Program by May 2020. Blockstack PBC is a public benefit corporation that wants to decentralize computing and return privacy to users.

Blockstack at the Forefront of a Decentralized Internet

The New York-based company is healthily backed by Union Square Ventures, Y Combinator, Lux Capital, and Digital Currency Group. Now with SEC approval to issue a Reg A+ raise, the startup will begin ramping up its monthly payouts from $100,000 to $200,000 in Stacks tokens (STX) in August. That figure will hit $1 million next May.

Blockstack’s decentralized computing network and secure app ecosystem has already begun disrupting app development by supporting and funding developers.

Blockstack Dapps

There’s now more than 270 of these decentralized applications aimed at protecting you from the ground up, including solutions for blogging, fundraising, and creative collaboration. A few of our recent favorites:

BitPatron is a decentralized, censorship-free Patreon alternative bitpatron.co
MyPodium is a fun audio only social network http://mypodium.net
Photo Vault is a free encrypted photo storage solution http://photovault.online

You can also check out all of the decentralized apps (there’s 270 of them!) with a Blockstack ID.

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The Securities and Exchange Commission (SEC) has qualified the offering statement that we have filed with the SEC. The information in that offering statement is more complete than the information we are providing now, and could differ in important ways. You must read the documents filed with the SEC before investing. The offering is being made only by means of its offering statement. This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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Forward-looking statements: This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, statements about our plans for developing the platform and future utility for the Stacks Token, our Reg A+ offering and launch of our network, and collaborations and partnerships. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to be materially different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the SEC, including in the “Risk Factors” and “Management’s Discussion & Analysis” sections of our offering statement on Form 1-A. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.