Meet Algorithmia: An Open Marketplace for Algorithms

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Algorithmia1
Are you a real buff in creating algorithms but are too lazy or short on resources to build a product around your algo? What if I tell you that you can make money using your algorithms without giving up your laziness? Sounds too good to be true, right? Wrong! There exists a marketplace for your algorithms where you can create an API (product) and allow people to access it for money. It’s called Algorithmia and it lets you create, share and build on other algorithms, and then instantly make them available as a web service.

Algorithmia was launched with the goal of advancing the art of algorithm development, discovery and use (so are we told by their website). It’s an open marketplace where the developers can put their product (algorithm/API) up for sale and the buyers can browse/search a ‘catalog’ and purchase the product they want.

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