How quadratic funding could finance your dreams | Kevin Owocki
Podcast |
TED Talks Daily
Publisher |
TED
Media Type |
audio
Categories Via RSS |
Business
Education
Society & Culture
Publication Date |
Sep 30, 2024
Episode Duration |
00:11:38

What if your $1 donation could result in a $100 contribution to a cause you believe in? That's the promise of quadratic funding: a new kind of crowdfunding model that uses math to distribute funds based on the number of contributors, rather than the amount given. Gitcoin founder Kevin Owocki dives into the principles and pitfalls of this approach to philanthropy, where "many small donors are more powerful than one large donor."

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