90% of Devcoin generation goes to open source projects with bounties for accomplishments and regular payments for active developers.
Devcoin considers funding open source projects of all types, so if you know of a project that needs funding, please visit the Devcoin thread at the Bitcointalk Forum.
Current Devcoin bounties can be seen on Devtome.
Earn Devcoins by Writing
Devcoin is merged mined with Bitcoin.
You can mine Devcoins as a secondary chain with P2Pool:
If you are mining Devcoins as a secondary chain, you will get Devcoin blocks much more often than Bitcoin blocks because the Devcoin hash rate is much lower than the Bitcoin hash rate. The mining portion of the Devcoin block is 5,000 Devcoins.