Gov/en/Portal:R&D/Innovations:Bonding Curve: Difference between revisions

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Every new platform faces the same bootstrapping question: why would anyone support a project before it has proven itself? The first supporters carry the most uncertainty, so fairness suggests they should receive the most in return. The Bonding Curve is WikiDeal's answer: a public, verifiable formula that anyone can check, designed so that trust comes from transparency rather than from promises.

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{{ArticleSummary|

* [[#how-it-works|How the Bonding Curve is intended to work]]

* [[#formula|The mathematical formula]]

* [[#visualization|Text-based visualization]]

* [[#why-a-bonding-curve|Why a bonding curve?]]

* [[#roles|Who does what]]

* [[#relation|Relation to Rewards and Karma tokens]]

* [[#transparency|Transparency commitment]]

* [[#state-of-the-art|State of the art]]

}}

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== Relation to Rewards and Karma tokens ==

The bonding curve determines the ''total'' Rewards generated. The [[Gov/en/Portal:~~R&D~~/~~Innovations:~~Need-Driven Funding|Need-Driven Funding]] mechanism then ~~determines~~ how those Rewards ~~are split between~~ [[Gov/en/Portal:Economy/Rewards|~~personal~~ Rewards]] ~~and~~ the ~~community pool~~. ~~The~~ bonding curve ~~itself~~ does not determine ~~the Cash/Karma-token ratio: that is the Need-Driven Funding mechanism's job~~.

The bonding curve determines the ''total'' [[Gov/en/Portal:Economy/Rewards|Rewards]] generated. The [[Gov/en/Portal:Economy/Need-Driven-Funding|Need-Driven Funding]] mechanism and the donor's own choice at donation time then determine how many of those Rewards the donor keeps and how much is left to the project as pure support (see the [[Gov/en/Portal:Economy/Rewards-FAQ|Rewards FAQ]] for the formulas currently proposed). [[Gov/en/Portal:Economy/Karma-Tokens|Karma tokens]] are a separate, non-convertible form of Rewards, documented on their own page; the bonding curve does not determine them.

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WikiDeal intends to publish the full bonding curve formula, constants, and historical data. Community members would be able to verify their Reward calculations independently. The formula is defined, not opaque, and any change would go through an Open Call process with mathematical expert review. This reflects WikiDeal's broader aims of transparency, lower cost, flexibility and citizen participation.

== ~~Related scientific research~~ ==

== State of the art ==

Algorithmic pricing curves and threshold-based collective funding have been studied in several strands of research. The works below provide scientific context for the bonding curve hypothesis; they do not guarantee its outcome.

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* Ethan Mollick (2014), ''The dynamics of crowdfunding: An exploratory study'', Journal of Business Venturing, 29(1): [https://doi.org/10.1016/j.jbusvent.2013.06.005 doi:10.1016/j.jbusvent.2013.06.005].

'''See also:''' [[Gov/en/Portal:Economy/Rewards|Rewards Explained]] · [[Gov/en/Portal:Economy/~~Karma~~-~~Tokens~~|~~Karma tokens~~]] · [[Gov/en/Portal:~~R&D~~/~~Innovations:~~Need-Driven Funding|Need-Driven Funding]] · [[Gov/en/Portal:Economy/Main|Why Fund WikiDeal]] · [[Gov/en/Portal:R&D/Open-Calls:Main|Open Call Guide]]

'''See also:''' [[Gov/en/Portal:Economy/Rewards|Rewards Explained]] · [[Gov/en/Portal:Economy/Rewards-FAQ|Rewards FAQ]] · [[Gov/en/Portal:Economy/Need-Driven-Funding|Need-Driven Funding]] · [[Gov/en/Portal:Economy/Revenue-Structure|Revenue Structure]] · [[Gov/en/Portal:Economy/Karma-Tokens|Karma tokens]] · [[Gov/en/Portal:Economy/Main|Why Fund WikiDeal]] · [[Gov/en/Portal:R&D/Open-Calls:Main|Open Call Guide]]

💡 '''Improve this concept''': submit a proposal via [[Gov/en/Portal:R&D/Open-Calls:Main|Open Call]]

[[Category:Funding]]

[[Category:Migration June 2026]]

[[Category:Innovation]]