Crowdmatching for public goods
Solving the free-riding problem in funding free/libre/open projects
We support works that everyone can use, adapt, and share freely.
But as public goods, anyone can freeride. And that presents a dilemma in getting funded.
Our innovative platform brings people together to address this problem.
Here is how :
Combining the two most effective solutions for getting voluntary donations to public goods
In a single pledge, crowdmatching combines the two most effective solutions for getting voluntary donations to public goods:
- matching donations where patrons agree to give together and
- sustaining memberships which provide reliable, long-term salaries and accountability.
How it works
Each patron’s donations grow linearly
The donation from any one patron increases linearly with the crowd size.
Funding grows quadratically with more patrons
A linear increase in number of patrons multiplied by a linear increase in each patron’s donation means a quadratic increase in total donations.
A system rooted in game theory
The name Snowdrift.coop comes from a premise in game theory. The Snowdrift Dilemma (or Snowdrift Game) focuses on freeriding and public goods.