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Innovation is an iterative process; scientists have mastered the art of standing on the shoulders of giants. New discoveries are the result of collaboration between mathematicians, scientists, and researchers alike, each building on thousands of years of established knowledge. In this paper we present Matryx, a platform that enables and incentivizes this type of collaboration. Matryx is composed of a bounty system and a marketplace for digital assets to be bought, sold, and remixed into new assets. Bounties are placed on solutions to specific problems. Submissions to bounty tournaments enter the collection of assets and are available to other users. In this way collaborators are incentivized to build, distribute, and expand upon each other’s work in the pursuit of valuable goals. Matryx reduces friction of collaboration between strangers by providing a common framework and concrete goals. While this paper will focus on its applications within the fields of science, technology, engineering and mathematics, Matryx’s approach to collaboration is applicable in a wide variety of fields.