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 ## Introduction
 
-The modern-day Internet is predominantly composed of open-source projects and has been since its inception. Open-source projects are developed and maintained via collaboration amongst global developer communities, and their codebases are made available for anyone to utilize as a public good. In the past 70 years (it is [generally believed](https://archive.org/details/historyofmodernc00ceru) that the first example of free and open-source software was released in 1953), open-source software has evolved from the product of niche technology hobbyists to the infrastructure upon which all innovation has been built. Despite the importance of open-source software, the developers that create and maintain the codebase as a public utility receive no fungible rewards for their immense contribution as innovators and maintainers.
+The modern-day Internet is predominantly composed of open-source projects and has been since its inception. Open-source projects are developed and maintained via collaboration amongst global developer communities, and their codebases are made available for anyone to utilize as a public good. In the past 71 years (it is [generally believed](https://archive.org/details/historyofmodernc00ceru) that the first example of free and open-source software was released in 1953), open-source software has evolved from the product of niche technology hobbyists to the infrastructure upon which all innovation has been built. Despite the importance of open-source software, the developers that create and maintain the codebase as a public utility receive no fungible rewards for their immense contribution as innovators and maintainers.
 
 Enterprise software, which has grown into a multi-billion dollar industry, is built on the foundation laid by open-source. Yet there is almost no value accrual back to the individuals who thanklessly maintain its very underpinnings. And while fortunes have been made from it, open-source software is mainly created and maintained as a public utility with no viable means for developers to capture the value they create.