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. It currently hosts funding for thousands of open-source communities.
History
Open Collective is a venture capital-funded tech startup—owned by founders, investors, and employees—with an obligation to make returns.
Projects with corporate support tend to rack up higher financing than donation projects led by individuals.
Open Collective Foundation, distinct from the Open Collective platform, announced the dissolution of its fiscal sponsorship program by the end of 2024.
References
- "Open Collective is a GoFundMe-like service for open source projects". VentureBeat. 2017-04-05. Retrieved 2023-08-11.
- ^ Ideas, WIRED. "Startups Have a Sellout Problem. There's a Better Way". Wired. ISSN 1059-1028. Retrieved 2023-08-11.
- 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.
- "ANNOUNCEMENT: Open Collective Foundation Dissolving Effective 12/31/2024 - Open Collective Foundation". opencollective.com. Retrieved 2024-03-17.