How quadratic funding could finance your dreams | Kevin Owocki
What if your $1 donation could result in a $100 contribution to a cause you believe in? That’s the promise of quadratic funding: a new kind of crowdfunding model that uses math to distribute funds based on the number of contributors, rather than the amount given. Gitcoin founder Kevin Owocki dives into the principles and pitfalls of this approach to philanthropy, where “many small donors are more powerful than one large donor.” After the talk, Sherrell reflects on how digital tools are transforming the way communities get their needs met.
TED Tech · TED Tech
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Show Notes
What if your $1 donation could result in a $100 contribution to a cause you believe in? That’s the promise of quadratic funding: a new kind of crowdfunding model that uses math to distribute funds based on the number of contributors, rather than the amount given. Gitcoin founder Kevin Owocki dives into the principles and pitfalls of this approach to philanthropy, where “many small donors are more powerful than one large donor.” After the talk, Sherrell reflects on how digital tools are transforming the way communities get their needs met.
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