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Money governance models for cobudget

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Money governance models for cobudget

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To be able to start doing Collaborative Funding in your group, you need to choose a money governance model to use. This presentation will guide you through these steps and the different money governance options.

To be able to start doing Collaborative Funding in your group, you need to choose a money governance model to use. This presentation will guide you through these steps and the different money governance options.

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Money governance models for cobudget

  1. 1. Money Governance models for Cobudgeting.
  2. 2. To get started with Cobudgeting, you need a money governance model...
  3. 3. So here are 3 models for money governance models you can use.
  4. 4. MIX & MATCH INTERNAL CROWDFUNDING REDISTRIBUTION TO THE COLLECTIVE 1 2 3
  5. 5. The person who contributed funds receives 100 % of this amount in their personal Cobudget account. INTERNAL CROWDFUNDING 1 500 500
  6. 6. The funds that enter Cobudget are put into a common pot and redistributed among part of or all group members. REDISTRIBUTION TO THE COLLECTIVE 2 350 2 380 2000 30 595 595 595 595 595
  7. 7. This can be done with different redistribution algorithms: ● Equal: funds are divided equally among the number of group members. ● Proportional: funds are split proportionate to a factor you define, i.e. time invested, role, project. >> Read more about redistribution algorithms REDISTRIBUTION TO THE COLLECTIVE2
  8. 8. By combining models 1 and 2 you can create your custom money governance model that suits your organizations needs and values. MIX & MATCH! 3 Examples: ● A fixed percentage goes into the contributors personal account ● The rest is distributed among the group according to the algorithm you choose or the other way around! There are many options.
  9. 9. Get started & create your account: http://cobudget.co Questions? Contact francesca@greaterthan.works

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