Open Collective
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FundOSS

Funding initiatives and experiments empowering projects, communities, organizations, and contributors across the larger open source ecosystem.

About


FundOSS pilot

In 2021, Gitcoin and Open Source Collective launched a pilot matching campaign based on a novel new matching model that amplifies the voice of the many. Called – Democratic Funding – the matching algorithm raised almost $95,000 for 55 projects.

Not bad for a first run, but we decided to pause and work in improvements that would enable us to support the larger Open Collective ecosystem.

Here’s how it works  

We’ll raise a matching pool that we’ll then distribute starting in accordance to a crowdfunded donation campaign. The more people who donate to your collective during the campaign, the larger the match. 

It’s like an NPR programming interruption, but with a lot more intelligence and a lot less noise. Developed by Ethereum co-founder Vitalik Buterin, Democratic Funding (also known as Quadratic Funding) formulates a matching multiplier inline with a project's popularity.

What’s it all mean?

Democratic Funding amplifies a single voice. On a systemic level, it optimizes the distribution of the matching in a more democratic distribution of contribution. “Small” donations can be supercharged (🔥🔥🔥) In past campaigns, a $1 contribution has yielded up to $150 in matching funds.

Democratic Funding can turn individual donations into powerful signals of exponential monetary value. 

When will it return?

While taking a bit longer than anticipated, we're planning on running quarterly Democratic Funding rounds in 2024 or early 2025!

Help us come back strong by contributing to the fund!

Contribute


Become a financial contributor.

Financial Contributions

Recurring contribution
Backer

Become a backer for $5.00 per month and support us

Starts at
$5 USD / month

Latest activity by


+ 2
Recurring contribution
Sponsor

Become a sponsor for $100.00 per month and support us

Starts at
$100 USD / month

Latest activity by


Be the first one to contribute!
Custom contribution
Donation
Make a custom one-time or recurring contribution.

Latest activity by


+ 22

Top financial contributors

Individuals

1
Kain Warwick

$24,878.52 USD since Feb 2021

2
Martin Woodward

$100 USD since Jun 2021

3
Jeremiah Magaji

$95 USD since Jun 2021

4
Todd Youngblood

$90 USD since Feb 2021

5
cranders1

$70 USD since Jun 2021

6
Brady Pelkey

$30 USD since Mar 2021

7
Serkan Holat

$20 USD since Feb 2021

8
Yang Haihang

$20 USD since Jun 2021

9
Glenn 'devalias' Grant

$13.37 USD since Jun 2021

10
Lawrence Hecht

$10 USD since Feb 2021

Organizations

1
Sustain General Support Grant

$25,000 USD since Jan 2021

2
Ethereum Community

$24,878.52 USD since Feb 2021

3
Open Source Collective

$3,480.82 USD since Jan 2021

4
Open Collective

$3,237.86 USD since Jun 2021

5
Leniolabs_

$1,000 USD since Jul 2021

6
advancedfx

$60 USD since Mar 2021

7
GoMage

$2 USD since Apr 2021

FundOSS is all of us

Our contributors 31

Thank you for supporting FundOSS.

Sustain Gener...

$25,000 USD

Kain Warwick

$24,879 USD

Ethereum Comm...

$24,879 USD

Open Collective

$3,238 USD

Leniolabs_

$1,000 USD

Martin Woodward

$100 USD

Budget


Transparent and open finances.

Fundraising prep and entry fees

Category
Administrative
from Gus Austin to FundOSS
-$25.00 USD
Paid
Invoice #225215

Strategy for targeted FundOSS rounds

Category
Administrative
from Gus Austin to FundOSS
-$100.00 USD
Paid
Invoice #222307

development application

from alima roger to FundOSS
-€350.00 EUR
~ $369.49 USD
Rejected
Grant #217720
$
Today’s balance

$3.06 USD

Total raised

$95,000.50 USD

Total disbursed

$94,997.44 USD