Transparency
Open Collective offers transparent accounting and financial reporting, allowing everyone to see how funds are being used.
Community Engagement
It allows communities to come together and support projects they care about with funding, facilitating strong community involvement.
Easy Fundraising
The platform simplifies the process of raising funds for open source projects, non-profits, and other community-driven initiatives.
Global Reach
Open Collective supports contributions from around the world, which can significantly expand the pool of potential donors and supporters.
Managed Fiscal Hosting
It provides fiscal hosting services that handle various financial and administrative tasks, reducing the workload for project maintainers.
Have you thanked a maintainer of an open-source project you use today? If not, go ahead and reach out to them on social media and say thank you. Does that scare you a little bit? That’s OK, why not share their project on social media, sponsor them on GitHub or Open Collective, write or film a tutorial, file a great bug report, pick up one of the good-first-bugs, or star their project on GitHub? These are just some…
– Source: dev.to
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6 months ago
There have been steps forward in the direction of making donation easier: https://github.com/sponsors , which can serve as a “fiscal host.” The advantage here is that the default rule at law for how a group of developers working together will be treated is partnership, which means joint and several liability. Working with a fiscal host partitions individual liability from group liability. But there are still open…
– Source: Hacker News
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10 months ago
Are there any FinTech or Incubators out there to fund Co-ops? I am thinking of how https://opencollective.com/ operates for Open Source and Non-Profits.
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11 months ago
You know when you envision an idea, and along the way you see someone who made this idea a reality, well, opencollective.com is exactly that.
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about 1 year ago
Going forward, The Odin Project will be completely funded by community donations through Open Collective. A platform designed for transparently collecting and managing funds for open-source projects just like ours. Open Collective will allow The Odin Project to secure vital financial resources directly from the community of developers and learners that benefit from the platform.
– Source: dev.to
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about 1 year ago
TL;DR: I could extend the Criticality Score algorithm with usage metrics from Ecosyste.ms API and apply it to all open source accounts under the Open Collective, so we have a new ranking now! I also made it possible to change the weights of each parameter so that you can try the algorithm by yourself.
– Source: dev.to
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about 1 year ago
And a suggestion: if you will indeed go non-profit, you should financially kickstart the service by signing up on Open Collective. They also will help you to legally constitute the company. The legal endorsement they provide, and the transparent budgeting of the income, will help to garner trust from the public. I wouldn’t give a dime to any similar projects, otherwise.
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about 1 year ago
We will most likely set up a new dedicated bank account for this. And then use something like opencollective to stay as transparent as possible of what goes in, and what goes out.
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about 1 year ago
Legally constituted as either a Non-profit foundation (like Wikipedia) or a Workers-owned cooperative business (like some instances of Mastodon do with its users). This is in order to ensure that the whole enshittification process that is happening on Reddit doesn’t repeat itself down the line. To financially kickstart the service, the developers can use Open Collective which also allows for a transparent and…
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over 1 year ago
My hope is that we can get some traction at lemmyrs.org and figure out moderation, administration and server maintenance together. I’ve laid some of the groundwork to get things going. I’m also looking into Open Collective to enable donations if the community is willing.
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over 1 year ago
Have you heard of Patreon, Liberapay, or Open Collective? There’s many thousands of small creators that are sustained by supporters of all levels of wealth (not just affluent ones).
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over 1 year ago
This incubator is also a Fiscal Host on Open Collective Fundraising and helps impact startups raise fund without any fee.
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over 1 year ago
OpenCollective is a good tool for collective transparent money management.
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over 1 year ago
Mastodon.nl uses opencollective.com, patreon, or direct bank transfer.
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over 1 year ago
It’s far too high. The collectives in OpenCollective (https://opencollective.com/) usually charge 5-10%, and they take on a LOT of legal and compliance operations on top of the billing etc. Indeed it’s also not what FLOSS means. Still, I wish you the best and hope you succeed, because a proper alternative to bountysource is welcome. But this leaves a bad taste in my mouth from the beginning :/.
– Source: Hacker News
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over 1 year ago
We build a react-native-echart team on https://opencollective.com/ and associate the team with the GitHub repository.
– Source: dev.to
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over 1 year ago
Maybe it’s possible to use some non profit that acts as a legal home for open source projects like open collective or spi, but getting profits from a sold product might be a problem (maybe the non profits will need to set up a for profit entity like mozilla).
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over 1 year ago
I believe you can use https://opencollective.com/ to fulfill the nonprofit requirement.
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over 1 year ago
EPO did a lot of good things over the years. I think it’s now a lot easier to collect funds via services like https://opencollective.com/, but EPO helped us out at MetaCPAN a great deal right from the early days.
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over 1 year ago
You can just show up to any of our events, but if you want to help organize those events, we do that on OpenCollective so message us there!
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over 1 year ago
There are now mechanisms such as GitHub Sponsors and Open Collective that allow individuals and organizations to support open source financially as well. Both supporters and recipients should consider taking advantage of these programs.
– Source: dev.to
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over 1 year ago