Open Collective
Open Collective
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FundOSS

Fund
Open source
quadratic funding
fundraising
crowdfunding
community building
nonprofit
fund
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 pageFundOSS
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Budget

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

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+ 2
Recurring contribution
Sponsor

Become a sponsor for $100.00 per month and support us

Starts at
$100 USD / month

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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.

Kevin Owocki

Admin

ZHerring

Admin

Benjamin Nick...

Admin

Pia Mancini

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.

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
~ $365.06 USD
Rejected
Grant #217720
$
Today’s balance

$3.06 USD

Total raised

$95,000.50 USD

Total disbursed

$94,997.44 USD