WTF IS
Quadratic Funding is the mathematically optimal way to fund public goods in a democratic community.
The secret behind QF
It's the math™
A matching pool is raised, and then a crowdfund campaign is matched according to the QF algorithm:
- Number of contributors matters more than amount funded.
- This pushes power to the edges, away from whales & other central power brokers.
- This creates more democracy in public goods funding decisions! 🦄
👇 Want to see the math in action? Use the calculator below! 👇
Check out some example scenarios:
Match Amount
Number of projects
4
Grants
Remove
Grant
Funding
Funded amount
Match amount
Grant #1
$0
$0
Grant #2
$0
$0
Grant #3
$0
$0
Grant #4
$0
$0
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Quadratic Funding Impact
Email Gitcoin to add your project
has been distributed via projects like:
Gitcoin Grants
$19,834,000Pomelo Grants
$3,035,689Downtown Stimulus
$38,000clr.fund
Coming soonReference implementations: Python, JavaScript, or add your own.
Using Markets to create impact
Public goods are good.
Our secret to getting past the "free rider problem"
Up to 100x matching multipliers on $1 crowdfund contributions
When a project gets popular enough, some pretty amazing matching multiples can be offered. This reinforces the incentive structure of QF as a fundamentally-democratic institution.
What if you could program support for public goods into your community?
Our goal is to align incentives between private goods & public goods.
Quadratic Funding Paper (PDF) by @vitalikbuterin, @zhitzig & @glenweyl
This calculator made with <3 by @_anishagnihotri & @owocki
