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[](https://3speak.tv/watch?v=networkstate.mp3/twymqvrt) ▶️ Watch on 3Speak Securing Digital Rights for Communities (Game Theory and Governance of Scalable Blockchains for Use in Digital Network States) Chapter 20. Open Source Makes IP Less Valuable A new business model is to accumulate the governance token and give the rest away for free Introduction Open source development challenges the traditional value of intellectual property. In a blockchain ecosystem built on open source principles, code can be freely copied, iterated upon and improved by anyone. Instead of focusing on proprietary software or brand protection, the emphasis shifts to tokenizing a base layer protocol that gains value from community driven network effects. 20.1 Why Traditional IP Models Will Weaken 20.1.1 Copy and Iterate In open source projects, anyone can copy the code and iterate upon it. This significantly reduces the power of patents and copyrights that typically protect software. Once the code is public, fork