Open_Collective

Open Collective

Open Collective

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Open Collective is a crowdfunding platform focused on grassroots groups. It gives organizations, communities, projects to get a legal status and raise funding through subscription or one time payment. It's particularly favoured by open source projects.[1] It currently hosts funding for thousands of open-source communities.[2]

History

Open Collective is a venture capital-funded tech startup—owned by founders, investors, and employees—with an obligation to make returns.[2]

Projects with corporate support tend to rack up higher financing than donation projects led by individuals.[3]

Open Collective Foundation (not the platform) was announced to be dissolved by the end of 2024.[4]

References

  1. [1]
    "Open Collective is a GoFundMe-like service for open source projects". VentureBeat. 2017-04-05. Retrieved 2023-08-11.
  2. [2]
    Ideas, WIRED. "Startups Have a Sellout Problem. There's a Better Way". Wired. ISSN 1059-1028. Retrieved 2023-08-11.
  3. [3]
    Zhou, Jiayuan; Wang, Shaowei; Kamei, Yasutaka; Hassan, Ahmed E.; Ubayashi, Naoyasu (2021-11-30). "Studying donations and their expenses in open source projects: a case study of GitHub projects collecting donations through open collectives". Empirical Software Engineering. 27 (1): 24. doi:10.1007/s10664-021-10060-y. ISSN 1573-7616.
  4. [4]
    "ANNOUNCEMENT: Open Collective Foundation Dissolving Effective 12/31/2024 - Open Collective Foundation". opencollective.com. Retrieved 2024-03-17.
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