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The Voding funding mechanism

photo of Michel Bauwens

Michel Bauwens
18th July 2007


Vodes.net is an attempt to create a financing mechanism for collaborative projects based on total transparency. The governance system of the project is innovative in the sense that it gives a say to the different stakeholders including to outside advisers, and all of that is structurally embedded.

If you decide to finance a project, you can nominate the money for a specific project, or give it for general purposes, but even then you can indicate priority objectives.

It sometimes sounds a little complicated, but this screencast is a good attempt to explain how it works. (click on the Details button to launch the flash animation)

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