Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [TRST] WeTrust - For the People, By the People!
by
mamoto
on 16/11/2018, 14:59:15 UTC

there are already good movements on the platform spring someone sent 16 ethereums on the project the Lupus Foundation

that's great! Over 19 ETH donated to The Lupus Foundation of America.

Democratic Donation Matching
Using a variation of “Liberal Radical” donation matching to empower donors
In a recent paper by Vitalik Buterin, Zoë Hitzig, and E. Glen Weyl, the authors propose a radical new design for crowdfunding.
They explain:

Individuals make public goods contributions to projects of value to them. The amount received by the project is (proportional to) the square of the sum of the square roots of contributions received.

This equation can empower small donors to be more motivated in donating to a fundraising campaign, as well as rallying a community around them. It hopefully gives small donors the feeling that their voice matters.

https://blog.wetrust.io/democratic-donation-matching-626759e928


Awesome! Now our donations can make an even bigger impact!


Of course, this is already a better promotion of the project, as well as not so much success, but it’s also not bad for a start, so let's hope and believe that the future will only get better. I sincerely wish the team success.