4 ms·
Who is this intended to get funds from? From corporations, or from average consumers? IMO corporate funding is a death trap in the long run, because then they
by Qwertious 6y ago
Who is this intended to get funds from? From corporations, or from average consumers?
IMO corporate funding is a death trap in the long run, because then they choose what gets priority and they have all the wrong incentives - they'll do right by the user when they can afford to.
More corporate funding is useful as a stepping stone, but in long-term planning it's a mirage.
- alannallama 6y agoOpen Collective team member here. This particular initiative is aimed at funding from major sponsors. Our platform also has crowdfunding functionality so projects can fundraise from individuals, too. Almost all the corporate funding we facilitate is no strings attached, meaning the project creators and maintainers stay in the driver's seat when it comes to prioritisation. Some projects opt to make other commitments to funders but that's totally up to the project.