App.net Will Start Paying Developers $20K A Month To Be Part Of Its Ecosystem, Beginning October 1

After raising $500,000 to create an ad-free social platform for developers six weeks ago, Dalton Caldwell's App.net has silently been courting developers to build apps that rely on its APIs. Now it's giving them another reason to build on its platform by offering a financial incentive. In a blog post today, Caldwell announced that the company will begin rewarding developers with at least $20,000 a month, distributing funds based on user feedback about which apps are providing the most value to its users.

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