[laxmin]

1. Canvas is not really open source. It was open source a long time ago, but now it is open-code really.

Instructure was taken over by a Hedge Fund and since then, all the new developments are not part of the Open Source. The open source is a bit crippled now.

None of the new features such as the New Quizzes (yes, its called that), New RCE Text Area, New Analytics, etc etc are not available on the Open Source Version.

So yes, the Billion dollar market is desperate for a new true AGPL LMS.

And it is time for one to disrupt the market.

2. Good Question.

3. Flexibility in grading and marks is really, really, really important. Because the systems, curriculum, standards are not flexible. Even with a University or College, different programs have different grading standards. It is not an option not to support the different types of grading unless the education system itself changes. If you can't support the diversity out there, you quickly risk becoming obsolete even before you start.

Yep, it is LTI time now. Not SCORM or even xAPI, TinCan, etc.