Merit Systems has successfully raised $10 million in seed funding to advance its initiative termed 'Open Source Capitalism.' The funding round was co-led by prominent venture capital firms Andreessen Horowitz (a16z crypto) and Blockchain Capital. The company aims to redefine economic models for open source software, which has historically been underfunded and overly dependent on volunteer contributions. This funding is expected to facilitate the development of a new economic framework that supports open source projects more sustainably.