Loomio
Tue 28 Nov 2017

Crowdfunding Platform

JD Joaquim d'Souza Public Seen by 66

This is to discuss setting up and using a crowdfunding platform to pay for the running and development of CoTech.

Proposal here: https://www.loomio.org/p/JdEslGIM/cotech-members-should-be-able-to-propose-and-crowdfund-projects-

JD

Poll Created Tue 28 Nov 2017

CoTech members should be able to propose and crowdfund projects. Closed Wed 29 Nov 2017

Outcome
by Joaquim d'Souza Fri 1 Dec 2017

There have been no critical concerns, so the CoBudget instance will be set up and used according to the guidelines set out here.

This is to cover mainly one-time costs, e.g.:

  • The bar tab at Wortley Hall;
  • A package of improvements for the CoTech website;
  • Hiring a network coordinator for three months.

But could also cover running costs, e.g.:

  • Hosting the CoTech website for a year.

The proposal is as follows:

  • Projects can be proposed by any co-op, even if the are unable to contribute funds.
  • Proposals have a kickstarter model of funding, so happen if they are fully funded and do not happen otherwise.
  • Proposals can be blocked by two vetoes. The number "two" was chosen because if a co-op has a good reason for their veto, they should be able to convince another co-op to join them (in vetoing the proposal).
  • Proposals must state how they would benefit CoTech and should be collaborative when possible.
  • Proposals must be SMART (Specific, Measurable, Actionable, Relevant, Time bound).
  • There is no central account or escrow – money is paid directly to the beneficiaries.
  • Proposals specify when payment should be made (e.g. before work begins, on completion of work, in stages, etc).
  • In case of conflict: parties should agree on a third party mediator. If no third party can be agreed upon, then the CoTech network must propose and choose this mediator.
  • We will use an open-source crowdfunding platform.

Results

Results Option % of points Voters
Agree 100.0% 8 AHC G RW RB FLC DS BR SH
Abstain 0.0% 0  
Disagree 0.0% 0  
Block 0.0% 0  
Undecided 0% 103 JA JD V SWS RS FL ER MP HR SG AM M M KB MK CCC KB PB JT AW CL JC SF BW TD CB IP SBH DS MJS SF DU SB SG AM DU SC EO AV BS KWO JBA O AW JD THA TC OW LH DB SW ES MS RRD AC GO CR JMF RP LL J KD LS INM N VN SP DU TD DU JTW MG AP OS BP TM JS EM CLF GM MS N"A EB AC NS NS LMH JN PE AT A DU EM J DU ALP CAD AC LD DU CBF H DU

8 of 111 people have voted (7%)

BR

Bradley Reeder
Agree
Tue 28 Nov 2017

Sounds good. The reasoning for 2 blocking votes seems sensible and could be picked up by the team formulating our general decision-making process.

RB

Roy Brooks Wed 29 Nov 2017

On which, .. with only Sion representing, GS would like to put a token £50 towards the bar tab for this year

SWS

V kind Roy! I put in £50 from Principle six too ...

AC

Aptivate Cooperators Thu 30 Nov 2017

Hmmm, the proposal was closed? Was this because it was accepted at Wortley Hall or? I agree with it and think it's a good proposal btw.