Created on 12th December 2021
•
Many NGOs get large donations and allocate funds on the basis of understanding of core management teams. This practice many times may lead to inefficient allocation of funds to projects and sometimes may also create vested interest-based funding of projects. Quadratic Funding is the mathematically optimal way to fund public goods in a democratic community. It amplifies the donations made by a large community over the contributions made by a small group with big pockets.
Technologies used