Build & Deploy - RadicalxChange Openfund - Quadratic Funding App

erichfi commented 3 years ago

Prize Title

Prize Bounty

DAI 2,000

Challenge Description

The scope of this prize is to build and deploy a Quadratic Funding app for RadicalxChange Foundation, called RadicalxChange Openfund.

Why RadicalxChange Foundation is a nonprofit organization. Our work is free and public, to support the RadicalxChange (RxC) movement. Almost all our activities rely on contributions from the RadicalxChange community and philanthropic organizations.

In the traditional nonprofit funding model, individual contributions are made without a specific purpose and the expenditure of funds is subject to decisions made by the central recipient.

How In turn, Quadratic Funding (QF) is a more democratic and scalable method to fund public goods like the work of a nonprofit organization. Learn more about QF at WTF is QF.

We hope that a RxC Quadratic Funding program helps RadicalxChange Foundation to attract more contributions from the RxC community and at the same time, allocates our budget to projects that reflect the community needs.

The economics of QF have proven its worth in action, for example in Downtown Stimulus and Gitcoin Grants.

What RxC Openfund takes QF to incentivize and govern funding for RadicalxChange Foundation. It allows people to contribute to their favorite RxC projects, e.g. conferences, fellowships, hackathons or podcasts. These contributions are matched by a fund from RadicalxChange Foundation. (The size of the matching fund for the first RxC Openfund round is to be determined.) In doing so, the QF formula prioritizes projects based on the number of individual contributions, not only on the size of the contributions.

The technical groundwork for RxC Openfund has been done in downtownstimulus.com. In a similar way, RxC Openfund handles logins via email and cash flows via Stripe. Here is the GitHub repository of Downtown Stimulus.

The design of RxC Openfund corresponds to the brand guidelines of RadicalxChange Foundation. Feel free to contact us at leon@radicalxchange.org if you need any design elements beyond those provided in our design repository. As a general advice, bear in mind the first design mantra of Apple: Simplicity is the ultimate sophistication.

RxC Openfund is a web application and will be integrated with the website of RadicalxChange Foundation, radicalxchange.org. It will become an integral part of the budget allocation and fundraising process of RadicalxChange Foundation.

Scope The Product Requirements Document covers the scope of the initial minimum viable product. The scope is inclusive of:

Main page
Project detail page
Login and authentication experience
Donation checkout experience
Emails
Both frontend & backend
QF calculations

Submission Requirements

The delivery must be completed in detail so that we can go ahead and run the product on a local server. At best, we would only need to connect our server to the production code and plug in our Stripe account.

All submissions, including all code, must be open-source for future use and reference by the community, and all links to external documents must be provided in the submitted GitHub repository.

If you attach a video demo of the product, that is a big plus.

Submission Deadline

Hackers must submit their work no later than 11:59pm ET on November 1st, 2020.

Judging Criteria

We will the award the prize to the individual or team that produces the most complete and intuitive application for RxC Openfund while respecting the challenge description.

Winner Announcement Date

As soon as possible after reviewing results with RadicalxChange Foundation. We will announce the winner by November 22nd at the latest.

Thank You

Thanks for your consideration! If you have any comments or questions, please feel free to contact us below.