Fund OSS

Open source

Fiscal Host: Open Source Collective

A crowdfund matching campaign. Have an equal voice in sustaining open soure.

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About

This spring, GitCoin and Open Source Collective are launching FUNDOSS, a pilot matching campaign based on a novel new matching model that amplifies the voice of the many. Called – democratic funding – this matching algorithm has already raised over $11M for over 7,000 projects. Let’s see what we can do in ours.

Sign up to be considered for the campaign and/OR contribute to the matching fund. The bigger the pool, the greater the impact!

Here’s how FUNDOSS works.

We’ve raised a matching pool that we’ll then distribute starting in accordance to a crowdfunded donation campaign. (Date to be announced.The more people who donate to your collective during the FUNDOSS 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. FUNDOSS is a pilot program where success relies on the activation your networks. So sign up now, contribute to the fund, refer a friend, and get excited! We hope this is the first match of many.

With Democratic Funding, the preferences of the many outweigh the opinion of the few.

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Top financial contributors

Individuals

Kain Warwick

$25k USD since Feb 2021

Martin Woodward

$100 USD since Jun 2021

Brady Pelkey

$30 USD since Mar 2021

Todd Youngblood

$25 USD since Feb 2021

Serkan Holat

$20 USD since Feb 2021

Yang Haihang

$20 USD since Jun 2021

Glenn 'devalias' Grant

$13 USD since Jun 2021

Lawrence Hecht

$10 USD since Feb 2021

Waldir Pimenta

$10 USD since Jun 2021

cranders1

$5 USD since Jun 2021

Organizations

Sustain General Support Grant

$25k USD since Jan 2021

Ethereum Community

$25k USD since Feb 2021

Open Source Collective

$3k USD since Jan 2021

Open Collective

$3k USD since Jun 2021

advancedfx

$15 USD since Mar 2021

GoMage

$2 USD since Apr 2021

Fund OSS is all of us

Our contributors 28

Thank you for supporting Fund OSS.

Alyssa Wright

Admin

Kevin Owocki

Admin

ZHerring

Admin

Octavian Todirut

Admin

Sustain Gener...

$25,000 USD

Kain Warwick

$24,879 USD

Ethereum Comm...

$24,879 USD

Open Source C...

$3,481 USD

Open Collective

$3,238 USD

Martin Woodward

$100 USD

Brady Pelkey

$30 USD

Todd Youngblood

backer

$25 USD

Budget

Transparent and open finances.

Monthly financial contribution to Fund OSS (backer)

from liyingli • June 12, 2021

+$5.00USD

Completed

Monthly financial contribution to Fund OSS (backer)

from Jeremiah Magaji • June 10, 2021

+$5.00USD

Completed

Fixing bank fees

from Open Source Collective • June 10, 2021

+$242.96USD

Completed

Today’s balance

$75,236.00 USD

Total raised

$75,236.00 USD

Total disbursed

--.-- USD

Estimated annual budget

$75,446.46 USD