Quite interesting to see both Decred and Zcash adopt this model.
https://blog.companyzero.com/2015/12/decred-rethink-digital-currency/
Self-funded development via block subsidy – In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future.
http://www.wired.com/2016/01/zcash-an-untraceable-bitcoin-alternative-launches-in-alpha/
Zcash is launching as a for-profit company. For its first four years online, a portion of every mined Zcash coin will go directly to Wilcox’s Zcash company and a smaller portion to a non-profit he’s creating to oversee the Zcash code and community longterm. Wilcox says that he plans for 1 percent of Zcash’s currency to ultimately go towards that non-profit, and 10 percent to be paid to the for-profit startup.
That for-profit strategy, Wilcox says, was designed to raise money to fund the project: Much of the 10 percent it earns will repay Wilcox’s investors, who as of November had put more than $715,000 into Zcash. Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay, and who also bankrolled much of the legal defense of now-convicted Silk Road creator Ross Ulbricht.
https://blog.companyzero.com/2015/12/decred-rethink-digital-currency/
Self-funded development via block subsidy – In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future.
http://www.wired.com/2016/01/zcash-an-untraceable-bitcoin-alternative-launches-in-alpha/
Zcash is launching as a for-profit company. For its first four years online, a portion of every mined Zcash coin will go directly to Wilcox’s Zcash company and a smaller portion to a non-profit he’s creating to oversee the Zcash code and community longterm. Wilcox says that he plans for 1 percent of Zcash’s currency to ultimately go towards that non-profit, and 10 percent to be paid to the for-profit startup.
That for-profit strategy, Wilcox says, was designed to raise money to fund the project: Much of the 10 percent it earns will repay Wilcox’s investors, who as of November had put more than $715,000 into Zcash. Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay, and who also bankrolled much of the legal defense of now-convicted Silk Road creator Ross Ulbricht.
