Intro to Snowdrift.coop
Things like computer programs, art, music, texts, research, data, plans…
These are all soft wares…
They take effort to produce but then cost little or nothing to copy and share.
Today, we have two ways support their development:
lock things down,
charge for access and/or show ads
Project teams get paid, but restrictions block freedoms to access, use, modify, and share!
voluntary community development
Freedoms for all! Open access! Collaboration! But limited funding often means slow and fragmented progress.
In principle, we could get both funding and freedom…
Those who now pay for proprietary access could instead fund FLO projects
With livable salaries, core teams could dedicate full time and energy
Volunteers could still contribute creatively
Even those who can’t afford time or money could still have access
Consider the snowdrift dilemma:
A big snowdrift blocks the road. Who will clear it?
If we don’t trust everyone to do their part,
then each of us waits to see if others will get to work…
The fundraising dilemma
Simple requests for donations only go so far.
As in clearing the snowdrift, people hesitate to do their part if they don’t trust that everyone else will come help.
Changing the economic system requires coordination.
How about crowdfunding campaigns?
To assure a critical mass of supporters, most crowdfunding sites use all-or-nothing fund-drives with hard deadlines.
These one-off campaigns sometimes work but have several problems. They are risky and often costly, offer little accountability, and usually rely on special rewards (thus favoring proprietary projects).
Solving the dilemma
To provide flexible, sustainable, and effective support for FLO projects, a solution will need both:
- Ongoing engagement so the community can build trust
- A social contract that provides mutual assurance
Instead of just donating unilaterally, a patron first deposits funds into their account.
Then they select projects to support and announce to the world:
I will donate 1¢
for every 10 others who join me!
Patrons can also make larger pledges beyond that minimum
Maximum impact, minimum risk
With our system, nobody goes it alone. Each pledge encourages more patrons to join.
A network effect
Everyone works together to support the most deserving projects!
× more $ per patron = quadratic funding growth
more $ per patron
= quadratic funding growth
Budgeting your support
Each patron controls their own budget.
When funds run out, patrons choose whether to deposit more,
and they can adjust their pledges at any time.
As long as projects continue to do good work and respond to feedback,
they will receive ongoing support,
allowing them to prosper and grow.
A democratic platform
We’re organizing as a non-profit member-owned cooperative,
and we will fund ourselves as a project on the site instead of taking a cut from others.
Read on: About Snowdrift.coop
Or jump in and try it…
Register an account to pledge. As we develop the system, we’ll add more clear charts and stats and more features to help projects succeed and keep patrons engaged.