JFC operates serial competitions, offering cash compensation for placing the works in the public domain. Each series typically ends when the winner refuses the purse.

Team members meet at awards ceremonies and remix. The ultimate winner will own the IP created in the last round and start a company.

JFC focuses on transformational change by crossing exceptionally challenging "Valleys of Death".

JFC controls the logo, a sign not only of quality but also of products built to be extended by 3rd parties—no walled gardens.

We aim to enhance the quality of life for everyone in a sustainable and Pareto-optimal way.

Our approach arises from:

• Failures to focus on engineering from first principles

• The growing importance of free and Open Source Software

• Use of prizes to catalyze significant advances

• Need for sustainability and waste reduction

• Failure of foundations to use public money efficiently

• Need to develop accountable individuals who earn substantial rewards for their contributions