This is an interesting example of a project (Grin) that's crowdfunding their development with a recurring "general fund".
To keep Grin open and free from controlling influences, the project will attempt to rely 100% on community donations for its funding needs.
Also recommend checking out how they ran a campaign for Yeastplume, a developer on the project.
They don't have a foundation, instead using multisig wallets + fund developers directly. I've written a few relevant pieces about this [1][2], so cool to find another example in the wild.
This is an interesting example of a project (Grin) that's crowdfunding their development with a recurring "general fund".
Also recommend checking out how they ran a campaign for Yeastplume, a developer on the project.
They don't have a foundation, instead using multisig wallets + fund developers directly. I've written a few relevant pieces about this [1][2], so cool to find another example in the wild.
[1] Decentralized funding? An analysis of three programs: https://nadiaeghbal.com/grant-programs [2] Governance without foundations: https://nadiaeghbal.com/foundations