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87% Informative
Merit Systems is trying to solve a longstanding challenge in software: rewarding open-source developers.
The startup is headquartered in Brooklyn 's old Domino Sugar Refinery , a 19th century industrial building.
Merit is building a "protocol that properly attributes and rewards contributors proportionally to the value they create" The project is still in development, but Merit expects to roll out a broader release by the end of February .
"We'll get there eventually." Merit plans to add seven new hires in the coming months and is specifically looking for people who want an in-person work culture. "The idea flow between people when you're sitting next to them is really important," says Sproule . "We don't really believe in the fully decentralized remote work model for an early-stage company.".
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