Gov/en/Portal:R&D/Innovations:Need-Driven Funding: Difference between revisions
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{{KidsIntro|The Need-Driven Funding is a tool that keeps money flowing in a steady, fair way. It smooths out the ups and downs so the platform always has enough support to keep going, like a savings jar that balances good months and slow months.}} | {{KidsIntro|The Need-Driven Funding is a tool that keeps money flowing in a steady, fair way. It smooths out the ups and downs so the platform always has enough support to keep going, like a savings jar that balances good months and slow months.}} | ||
{{ExpertIntro|Need-Driven Funding acts as a reward ratio regulation: a second algorithm, separate from the bonding curve, that adjusts rewards to the real needs of the platform. When needs are low, the corresponding share would feed a provision fund intended to be managed by the Ynternet.org Foundation; when needs are high, the reward would be higher. The funding starts at zero or in negative territory (founders invest before the call for funding), measured by the funding cost ratio. Non-speculative, donation-based, transparent.}} | {{ExpertIntro|Need-Driven Funding acts as a reward ratio regulation: a second algorithm, separate from the bonding curve, that adjusts rewards to the real needs of the platform. When needs are low, the corresponding share would feed a provision fund intended to be managed by the Ynternet.org Foundation; when needs are high, the reward would be higher. The funding starts at zero or in negative territory (founders invest before the call for funding), measured by the funding cost ratio. Non-speculative, donation-based, transparent.}} | ||
'''On this page:''' | |||
* [[#what-is-it|What is it?]] | |||
* [[#negative-start|Starting at zero or in negative territory]] | |||
* [[#illustrative-example|An illustrative example]] | |||
* [[#how-it-works|How it works]] | |||
* [[#principles|Principles]] | |||
* [[#relationships|Relationship to other mechanisms]] | |||
* [[#state-of-the-art|State of the art]] | |||
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= Need-Driven Funding = | = Need-Driven Funding = | ||