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TED Talks Daily (HD video)

How quadratic funding could finance your dreams | Kevin Owocki

TED Talks Daily (HD video)

TED

News & Politics, Technology, Entertainment, Ted, Education, Tedtalks, Science & Medicine, Design, Inspiration, Science, Tech Demo, Arts, Ted Talks, Creativity

4.1828 Ratings

🗓️ 30 September 2024

⏱️ ? minutes

Summary

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."

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