FundOSS

Fund

quadratic funding

community building

Fiscal Host: Open Source Collective

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

This is FundOSS's page FundOSS

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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 beginning in early 2024!

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

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Custom contribution

Donation

Make a custom one-time or recurring contribution.

Latest activity by

+ 21

Top financial contributors

Individuals

1

$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

$70 USD since Jun 2021

6

$30 USD since Mar 2021

7

$20 USD since Feb 2021

8

Yang Haihang

$20 USD since Jun 2021

9

Glenn 'devalias' Grant

$13.37 USD since Jun 2021

10

$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

$1,000 USD since Jul 2021

6

$60 USD since Mar 2021

7

$2 USD since Apr 2021

FundOSS is all of us

Our contributors 30

Thank you for supporting FundOSS.

Kevin Owocki

Admin

Pia Mancini

Admin

Benjamin Nick...

Admin

ZHerring

Admin

Gus Austin

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

Leniolabs_

$1,000 USD

Martin Woodward

$100 USD

Budget

Transparent and open finances.

Personal expenses

from abc to FundOSS • March 24, 2024

-$500.00 USD

Rejected

Grant #194619

Personal Expense

from XYZ to FundOSS • March 24, 2024

-$500.00 USD

Rejected

Grant #194618

E

from Franklin Villalobos to FundOSS • February 13, 2024

-$2,022.00 USD

Rejected

Reimbursement #187627

reimbursement

$

Today’s balance

$256.98 USD

Total raised

$95,000.12 USD

Total disbursed

$94,743.14 USD