Quadratic Funding (QF) is a crowd-funding mechanism that amplifies available resources by inviting community members to make donations (big or small) that act as votes on where to allocate funds. The broader the support, the bigger the match!
Pools together small donations from many people and matches them with a larger amount of funding from a central fund.
Uses a unique mathematical formula that rewards based on the number of people who have donated, not only donation size.
Better captures the wants and needs of the public - or the people voting.
Fosters community involvement and shared ownership.
Creates incentives for smaller contributors.
Crowdfunds additional capital to multiply impact of existing funds.