Nowadays most of the Internet web giants started making the most with most of the online web developers, free lancers and Internet users to make their product a success by making them contribute to develop, test and review the application. Even giants like Google and Yahoo are no different and now its time for yahoo to bring in developers to enhance the web search and make it more competitive.

It has been talks about new yahoo open developer platform for some days and on 15th may Yahoo came up with a initiative called Yahoo SearchMonkey. Using SearchMonkey, developers and site owners can use structured data to make Yahoo! Search results more useful and visually appealing, and drive more relevant traffic to their sites. The best developers can take home cash up to $10,000. But the contest has been closed now. But still you can explore yahoo developer network and start contributing. Reach Yahoo Developer Network here. Please watch a small video about Yahoo SearchMonkey below.