Gov/en/Portal:Economy/Financing-Development - Revision history

AI-Admin-Assistant: Add missing TOC per Theo's request

2026-08-09T22:27:32Z

Add missing __TOC__ per Theo's request

← Older revision		Revision as of 00:27, 10 August 2026
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	{{KidsIntro\|This page tells how WikiDeal pays for building new things.}}		{{KidsIntro\|This page tells how WikiDeal pays for building new things.}}

			__TOC__

	== Financing Development ==		== Financing Development ==

AI-Admin-Assistant: Add missing intros per Theo's 20s rule

2026-08-09T00:54:48Z

Add missing intros per Theo's 20s rule

← Older revision		Revision as of 02:54, 9 August 2026
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			{{ExpertIntro\|We are heading towards self-financing models where platform development couples directly to user adoption through bonding curves and subscription revenue. This hypothesis proposes that decoupling from venture capital creates alignment between product quality and financial sustainability, though it assumes sufficient community participation and user growth to sustain operations.}}

	{{KidsIntro\|This page tells how WikiDeal pays for building new things.}}		{{KidsIntro\|This page tells how WikiDeal pays for building new things.}}

AI-Admin-Assistant: Furizon C3/C4 follow-up (Theo audios 2026-07-16): 100M Rewards (not Credits), pro rata worked example as table, Reward holders wording, em-dash cleanup

2026-07-17T06:20:04Z

Furizon C3/C4 follow-up (Theo audios 2026-07-16): 100M Rewards (not Credits), pro rata worked example as table, Reward holders wording, em-dash cleanup

← Older revision		Revision as of 08:20, 17 July 2026
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	WikiDeal's development is financed without venture capital, without debt, and without shareholder equity. Instead, it uses a '''self-financing model''' built on early supporter rewards (bonding curve) and recurring subscription revenue. This page explains how development is funded, what the money covers, and how early supporters are compensated once the platform reaches scale.		WikiDeal's development is financed without venture capital, without debt, and without shareholder equity. Instead, it uses a '''self-financing model''' built on early supporter rewards (bonding curve) and recurring subscription revenue. This page explains how development is funded, what the money covers, and how early supporters are compensated once the platform reaches scale.

	WikiDeal finances development through community support (bonding curve ×100 → ×30) + subscriptions (10 CHF/year) — no VC, no debt, no equity dilution		WikiDeal finances development through community support (bonding curve ×100 → ×30) + subscriptions (10 CHF/year): no VC, no debt, no equity dilution

	Development Financing		Development Financing
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	This model means WikiDeal's fate is tied to genuine user adoption, not funder appetite. If users don't pay, development stops. If users do pay, development accelerates proportionally. This creates a healthy alignment between product quality and financial health.		This model means WikiDeal's fate is tied to genuine user adoption, not funder appetite. If users don't pay, development stops. If users do pay, development accelerates proportionally. This creates a healthy alignment between product quality and financial health.

	=== Bonding Curve: 1M CHF → 100M ~~Credits~~ ===		=== Bonding Curve: 1M CHF → 100M Rewards ===
	The initial development phase is funded through the [[Gov/en/Portal:R&D/Innovations:Bonding Curve\|Bonding Curve]]. The target is to raise '''1 million CHF''' from early supporters:		The initial development phase is funded through the [[Gov/en/Portal:R&D/Innovations:Bonding Curve\|Bonding Curve]]. The target is to raise '''1 million CHF''' from early supporters:

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	=== Amortization Logic ===		=== Amortization Logic ===
	The initial 1M CHF raised through the bonding curve must be "amortized" over time — meaning early supporters must eventually be compensated. This happens through the revenue distribution mechanism, not through direct repayment:		The initial 1M CHF raised through the bonding curve must be "amortized" over time, meaning early supporters must eventually be compensated. This happens through the revenue distribution mechanism, not through direct repayment:

	* Early supporters hold Rewards (from the 100M Rewards pool)		* Early supporters hold Rewards (from the 100M Rewards pool)
	* As platform revenues grow, 25% of each incoming franc is distributed to their Rewards, pro rata		* As platform revenues grow, 25% of each incoming franc is distributed to their Rewards, pro rata
	* The more Rewards you hold, the more you receive from each distribution		* The more Rewards you hold, the more you receive from each distribution
	* Over time, ~~credit~~ holders ~~recoup~~ their ~~funding multiple times over (via~~ the ×100 → ×30 bonding curve)		* Over time, Reward holders would see their Rewards honoured progressively, within the limit set by the ×100 → ×30 bonding curve

	ℹ️ There is no fixed repayment schedule. Compensation depends on platform growth. Early supporters accept this risk explicitly — the ×100 → ×30 bonding curve is the reward for accepting early-stage uncertainty.		ℹ️ There is no fixed repayment schedule. Compensation depends on platform growth. Early supporters accept this risk explicitly: the ×100 → ×30 bonding curve is the reward for accepting early-stage uncertainty.

	=== How each incoming franc is distributed ===		=== How each incoming franc is distributed ===
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	=== Worked example (illustrative, non-binding) ===		=== Worked example (illustrative, non-binding) ===
	Assume a month with CHF 100,000 of subscription revenue:		Assume a month with CHF 100,000 of incoming subscription revenue:

	* CHF 25,000 ~~goes to the Roundtable-1~~ donors~~' Rewards~~: a donor holding 1% of the donors' Rewards pool receives CHF 250 that month;		{\| class="wikitable"
	* CHF 25,000 ~~goes to the~~ early supporters~~' Rewards,~~ pro rata on the same principle;		\|-
			! Incoming revenue
			! Donors' Rewards (25%)
			! Early supporters' Rewards (25%)
			! Operating costs (50%)
			\|-
			\| CHF 100,000
			\| CHF 25,000
			\| CHF 25,000
			\| CHF 50,000
			\|}

			* The CHF 25,000 for donors is distributed pro rata across all donor Reward holders: a donor holding 1% of the donors' Rewards pool receives CHF 250 that month;
			* The CHF 25,000 for early supporters is distributed pro rata on the same principle: an early supporter holding 2% of the early supporters' Rewards pool receives CHF 500;
	* CHF 50,000 covers WikiDeal's current operating costs.		* CHF 50,000 covers WikiDeal's current operating costs.

AI-Admin-Assistant: Furizon C1/C3/C4 per Theo (audios 2026-07-16 23:04): 100M Rewards (no billion face value), 25/25/50 pro rata per franc, pricing reconciliation, English cleanup

2026-07-16T23:14:31Z

Furizon C1/C3/C4 per Theo (audios 2026-07-16 23:04): 100M Rewards (no billion face value), 25/25/50 pro rata per franc, pricing reconciliation, English cleanup

← Older revision		Revision as of 01:14, 17 July 2026
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	\| '''1M CHF (initial)'''		\| '''1M CHF (initial)'''
	\|-		\|-
	\| ~~Reward~~ issued		\| Rewards issued
	\| '''50M ~~années~~ (×100 → ×30 curve)'''		\| '''50M Rewards (×100 → ×30 curve)'''
	\|-		\|-
	\| Early supporters		\| Early supporters
	\| '''50M ~~années~~'''		\| '''50M Rewards'''
	\|-		\|-
	\| Total pool		\| Total pool
	\| '''100M ~~crédits~~'''		\| '''100M Rewards'''
	\|-		\|-
	\| Recurring revenue		\| Recurring revenue
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	\|-		\|-
	\| Distribution		\| Distribution
	\| '''50~~/50 after~~ costs'''		\| '''25% donors · 25% early supporters · 50% operating costs'''
	\|}		\|}

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	The initial development phase is funded through the [[Gov/en/Portal:R&D/Innovations:Bonding Curve\|Bonding Curve]]. The target is to raise '''1 million CHF''' from early supporters:		The initial development phase is funded through the [[Gov/en/Portal:R&D/Innovations:Bonding Curve\|Bonding Curve]]. The target is to raise '''1 million CHF''' from early supporters:

	1M CHF raised → 50M ~~années de cotisation~~ issued (×100 → ×30 bonding curve) to funders		1M CHF raised → 50M Rewards issued (×100 → ×30 bonding curve) to funders
	+ 50M ~~années~~ reserved for early supporters (dev contributors, community builders)		+ 50M Rewards reserved for early supporters (dev contributors, community builders)
	= 100M ~~crédits~~ total ~~= 10M années de cotisation~~		= 100M Rewards in total

	~~Face value~~: ~~100M crédits × 10 CHF/année = 1 billion CHF in potential platform access~~		The total pool is 100 million Rewards, and nothing more: it is not a cash liability. Rewards are automatically transformed into subscriptions, honoured progressively at the pace of subscription revenue.

	~~The 1 billion CHF face value~~ is not a cash liability ~~— it represents the total platform access value that would be generated if all 10M subscription years~~ are ~~eventually used. In practice~~, ~~credits are redeemed~~ progressively as the ~~platform grows~~.

	=== Subscription Revenue as Development Fund ===		=== Subscription Revenue as Development Fund ===
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	! Users		! Users
	! Annual Revenue		! Annual Revenue
	! ~~Development Budget~~ (50% ~~after costs~~)		! Operating and development budget (50% of revenue)
	\|-		\|-
	\| 100,000		\| 100,000
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	The initial 1M CHF raised through the bonding curve must be "amortized" over time — meaning early supporters must eventually be compensated. This happens through the revenue distribution mechanism, not through direct repayment:		The initial 1M CHF raised through the bonding curve must be "amortized" over time — meaning early supporters must eventually be compensated. This happens through the revenue distribution mechanism, not through direct repayment:

	* Early supporters hold ~~années de cotisation~~ (from the 100M ~~credit~~ pool)		* Early supporters hold Rewards (from the 100M Rewards pool)
	* As platform revenues grow, 50% of ~~surplus~~ is distributed ~~proportionally~~ to ~~credit holders~~		* As platform revenues grow, 25% of each incoming franc is distributed to their Rewards, pro rata
	* The more ~~années~~ you hold, the more you receive from each distribution		* The more Rewards you hold, the more you receive from each distribution
	* Over time, credit holders recoup their funding multiple times over (via the ×100 → ×30 bonding curve)		* Over time, credit holders recoup their funding multiple times over (via the ×100 → ×30 bonding curve)

	ℹ️ There is no fixed repayment schedule. Compensation depends on platform growth. Early supporters accept this risk explicitly — the ×100 → ×30 bonding curve is the reward for accepting early-stage uncertainty.		ℹ️ There is no fixed repayment schedule. Compensation depends on platform growth. Early supporters accept this risk explicitly — the ×100 → ×30 bonding curve is the reward for accepting early-stage uncertainty.

	=== ~~50/50 Distribution When Revenue Flows~~ ===		=== How each incoming franc is distributed ===
	~~Once~~ operating costs ~~are covered from revenue~~, the ~~surplus is split 50/50~~:		Each franc of revenue, whether it comes from a CHF 10 yearly subscription or from a CHF 1 monthly payment, is intended to be distributed as follows:

			* '''25%''' to the Rewards of the '''donors''' of the first Donation Roundtable, pro rata to the Rewards each donor holds;
			* '''25%''' to the Rewards of the '''early supporters''', pro rata on the same principle;
			* '''50%''' to the '''current operating costs''' of WikiDeal.

			This mechanism is not discretionary: it is a structural rule built into the WikiDeal operating model, published transparently and auditable by the community.

			=== Worked example (illustrative, non-binding) ===
			Assume a month with CHF 100,000 of subscription revenue:

	* '~~''50~~% ~~→ Common Fund:~~'~~'' redistributed proportionally~~ to the ~~number of années held by~~ early ~~funders (rewards patience and loyalty)~~		* CHF 25,000 goes to the Roundtable-1 donors' Rewards: a donor holding 1% of the donors' Rewards pool receives CHF 250 that month;
	* ~~'''~~50~~% → Credit Holders:''~~' ~~distributed sequentially — crédit #1 gets half first, then crédit #1 + all funders, then crédit #2, etc~~.		* CHF 25,000 goes to the early supporters' Rewards, pro rata on the same principle;
			* CHF 50,000 covers WikiDeal's current operating costs.

	~~This~~ mechanism is not ~~discretionary — it is~~ a ~~structural rule built into the WikiDeal operating model, published transparently and auditable by the community~~.		Each distributed franc reduces the holder's remaining Rewards balance by the same amount. The pace therefore scales with subscription revenue: the more users subscribe, the faster Rewards are honoured. Cash out is available in increments of at least CHF 100. These figures are an illustration of the mechanism, not a projection or a commitment.

	=== Development Roadmap Funding ===		=== Development Roadmap Funding ===
	Development priorities are funded from operating ~~surplus~~ (~~after costs and distributions~~). The model does not promise specific features at specific dates — instead, it promises that:		Development priorities are funded from the operating share (50% of revenue). The model does not promise specific features at specific dates; instead, it promises that:

	* All surplus beyond operating costs is reinvested in development or distributed to the community		* All surplus beyond operating costs is reinvested in development or distributed to the community

AI-Admin-Assistant: Terminology: Cash Reward(s) → Reward(s) (Théo 2026-07-03)

2026-07-03T13:23:11Z

Terminology: Cash Reward(s) → Reward(s) (Théo 2026-07-03)

← Older revision		Revision as of 15:23, 3 July 2026
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	* Financial reports are published quarterly, including development spending breakdown		* Financial reports are published quarterly, including development spending breakdown

	'''See also:''' [[Gov/en/Portal:R&D/Innovations:Bonding Curve\|Bonding Curve]] [[Gov/en/Portal:Economy/Subscriptions\|Subscription Model]] Revenue Structure [[Gov/en/Portal:Economy/~~Cash-~~Rewards\|Rewards Explained]] Reward Simulation		'''See also:''' [[Gov/en/Portal:R&D/Innovations:Bonding Curve\|Bonding Curve]] [[Gov/en/Portal:Economy/Subscriptions\|Subscription Model]] Revenue Structure [[Gov/en/Portal:Economy/Rewards\|Rewards Explained]] Reward Simulation

	[[Category:Migration June 2026]]		[[Category:Migration June 2026]]

AI-Admin-Assistant: Protected "Gov/en/Portal:Economy/Financing-Development": Bulk protection: Gov pages = administrators only (Theo 2026-06-20) ([Edit=Allow only administrators] (indefinite) [Move=Allow only administrators] (indefinite))

2026-06-20T13:25:25Z

Protected "Gov/en/Portal:Economy/Financing-Development": Bulk protection: Gov pages = administrators only (Theo 2026-06-20) ([Edit=Allow only administrators] (indefinite) [Move=Allow only administrators] (indefinite))

← Older revision		Revision as of 15:25, 20 June 2026
(No difference)

AI-Admin-Assistant: Remove hard {{NotApproved}} notice (redundant with auto-generated ApprovedRevs notice) — Theo request 2026-06-20

2026-06-20T13:11:35Z

Remove hard {{NotApproved}} notice (redundant with auto-generated ApprovedRevs notice) — Theo request 2026-06-20

← Older revision		Revision as of 15:11, 20 June 2026
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	{{KidsIntro\|This page tells how WikiDeal pays for building new things.}}		{{KidsIntro\|This page tells how WikiDeal pays for building new things.}}

	~~{{NotApproved}}~~

	== Financing Development ==		== Financing Development ==

AI-Admin-Assistant: Migrate EN content + KidsIntro + NotApproved (Lot 5, Theo 2026-06-13)

2026-06-13T20:50:34Z

Migrate EN content + KidsIntro + NotApproved (Lot 5, Theo 2026-06-13)

New page

{{KidsIntro|This page tells how WikiDeal pays for building new things.}}

{{NotApproved}}

== Financing Development ==
WikiDeal's development is financed without venture capital, without debt, and without shareholder equity. Instead, it uses a '''self-financing model''' built on early supporter rewards (bonding curve) and recurring subscription revenue. This page explains how development is funded, what the money covers, and how early supporters are compensated once the platform reaches scale.

WikiDeal finances development through community support (bonding curve ×100 → ×30) + subscriptions (10 CHF/year) — no VC, no debt, no equity dilution

Development Financing

{| class="wikitable"
|-
| Target raise
| '''1M CHF (initial)'''
|-
| Reward issued
| '''50M années (×100 → ×30 curve)'''
|-
| Early supporters
| '''50M années'''
|-
| Total pool
| '''100M crédits'''
|-
| Recurring revenue
| '''10 CHF/user/year'''
|-
| At 2M users
| '''20M CHF/year'''
|-
| Distribution
| '''50/50 after costs'''
|}

=== Self-Financing Model ===
WikiDeal rejects the traditional startup financing model (raise VC → grow at all costs → exit). Instead, it uses two complementary mechanisms:

# '''Early-phase:''' Bonding Curve (×100 → ×30 reward range) → generates initial capital from community supporters
# '''Operating phase:''' Subscription revenue (10 CHF/year × users) → self-sustaining operations + development budget

This model means WikiDeal's fate is tied to genuine user adoption, not funder appetite. If users don't pay, development stops. If users do pay, development accelerates proportionally. This creates a healthy alignment between product quality and financial health.

=== Bonding Curve: 1M CHF → 100M Credits ===
The initial development phase is funded through the [[Gov/en/Portal:R&D/Innovations:Bonding Curve|Bonding Curve]]. The target is to raise '''1 million CHF''' from early supporters:

1M CHF raised → 50M années de cotisation issued (×100 → ×30 bonding curve) to funders
+ 50M années reserved for early supporters (dev contributors, community builders)
= 100M crédits total = 10M années de cotisation

Face value: 100M crédits × 10 CHF/année = 1 billion CHF in potential platform access

The 1 billion CHF face value is not a cash liability — it represents the total platform access value that would be generated if all 10M subscription years are eventually used. In practice, credits are redeemed progressively as the platform grows.

=== Subscription Revenue as Development Fund ===
Ongoing development is funded through platform subscription revenue (10 CHF/user/year). This creates a direct link between user growth and development capacity:

{| class="wikitable comparison-table"
|-
! Users
! Annual Revenue
! Development Budget (50% after costs)
|-
| 100,000
| 1M CHF
| ~500K CHF
|-
| 500,000
| 5M CHF
| ~2.5M CHF
|-
| 2,000,000
| class="highlight-cell"| 20M CHF
| class="highlight-cell"| ~10M CHF
|-
| 10,000,000
| 100M CHF
| ~50M CHF
|}

=== Amortization Logic ===
The initial 1M CHF raised through the bonding curve must be "amortized" over time — meaning early supporters must eventually be compensated. This happens through the revenue distribution mechanism, not through direct repayment:

* Early supporters hold années de cotisation (from the 100M credit pool)
* As platform revenues grow, 50% of surplus is distributed proportionally to credit holders
* The more années you hold, the more you receive from each distribution
* Over time, credit holders recoup their funding multiple times over (via the ×100 → ×30 bonding curve)

ℹ️ There is no fixed repayment schedule. Compensation depends on platform growth. Early supporters accept this risk explicitly — the ×100 → ×30 bonding curve is the reward for accepting early-stage uncertainty.

=== 50/50 Distribution When Revenue Flows ===
Once operating costs are covered from revenue, the surplus is split 50/50:

* '''50% → Common Fund:''' redistributed proportionally to the number of années held by early funders (rewards patience and loyalty)
* '''50% → Credit Holders:''' distributed sequentially — crédit #1 gets half first, then crédit #1 + all funders, then crédit #2, etc.

This mechanism is not discretionary — it is a structural rule built into the WikiDeal operating model, published transparently and auditable by the community.

=== Development Roadmap Funding ===
Development priorities are funded from operating surplus (after costs and distributions). The model does not promise specific features at specific dates — instead, it promises that:

* All surplus beyond operating costs is reinvested in development or distributed to the community
* Development priorities are determined through democratic governance (Open Call process)
* No development budget is "reserved" for private interests or locked away from community oversight
* Financial reports are published quarterly, including development spending breakdown

'''See also:''' [[Gov/en/Portal:R&D/Innovations:Bonding Curve|Bonding Curve]] [[Gov/en/Portal:Economy/Subscriptions|Subscription Model]] Revenue Structure [[Gov/en/Portal:Economy/Cash-Rewards|Rewards Explained]] Reward Simulation

[[Category:Migration June 2026]]