Gov/en/Portal:Economy/Donation-Roundtable-1: Difference between revisions
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{{KidsIntro|To start building WikiDeal, people can give money in a first big round of donations, called Donation Roundtable 1. The goal is to gather one million Swiss francs. To say thank you, givers receive | {{KidsIntro|To start building WikiDeal, people can give money in a first big round of donations, called Donation Roundtable 1. The goal is to gather one million Swiss francs. To say thank you, givers receive Subscription Tokens: the earlier you give, the more Subscription Tokens you receive for the same amount.}} | ||
{{ExpertIntro|Donation Roundtable 1 is the first donation round intended to fund Prototype 1, with a target of CHF 1,000,000. The | {{ExpertIntro|Donation Roundtable 1 is the first donation round intended to fund Prototype 1, with a target of CHF 1,000,000. The Subscription Token multiplier is intended to be blocked at x100 for the first CHF 200,000 raised; beyond that point, the [[Gov/en/Portal:Economy/Bonding-Curve|bonding curve]] declines and the [[Gov/en/Portal:Economy/Need-Driven-Funding|Need-Driven Funding]] mechanism starts. The exact amount of [[Gov/en/Portal:Economy/Subscription Tokens|Subscription Tokens]] is announced to each donor at the moment of the donation, and that amount exclusively is attributed. This page is an initial hypothesis, under construction, proposed as a basis for discussion.}} | ||
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Donation Roundtable 1 (also referred to as the First Financial Roundtable for Prototype 1) is the first donation round of the WikiDeal project. It aims at raising '''CHF 1,000,000''' of donations to fund the construction of [[Gov/en/Portal:Meta/Prototype-1|Prototype 1]] and its [[Gov/en/Portal:Meta/Prototype-1-Deliverables|deliverables]]. | Donation Roundtable 1 (also referred to as the First Financial Roundtable for Prototype 1) is the first donation round of the WikiDeal project. It aims at raising '''CHF 1,000,000''' of donations to fund the construction of [[Gov/en/Portal:Meta/Prototype-1|Prototype 1]] and its [[Gov/en/Portal:Meta/Prototype-1-Deliverables|deliverables]]. | ||
Contributions are donations to the Ynternet.org Foundation, not investments: they confer no ownership, no share and no right of repayment. In gratitude, donors receive [[Gov/en/Portal:Economy/ | Contributions are donations to the Ynternet.org Foundation, not investments: they confer no ownership, no share and no right of repayment. In gratitude, donors receive [[Gov/en/Portal:Economy/Subscription Tokens|Subscription Tokens]], the community redistribution mechanism of WikiDeal. | ||
<span id=" | <span id="subscription token-multiplier"></span> | ||
== | == Subscription Token multiplier: x100 for the first CHF 200,000 == | ||
The number of | The number of Subscription Tokens attributed for a donation is intended to follow these rules: | ||
* For the '''first CHF 200,000''' raised in Roundtable 1, the | * For the '''first CHF 200,000''' raised in Roundtable 1, the Subscription Token multiplier is '''blocked at x100''': a donation of CHF 1,000 would be acknowledged with Subscription Tokens for a value of CHF 100,000. | ||
* Beyond the first CHF 200,000, the [[Gov/en/Portal:Economy/Bonding-Curve|bonding curve]] declines progressively, and the [[Gov/en/Portal:Economy/Need-Driven-Funding|Need-Driven Funding]] mechanism starts to regulate the redistribution. | * Beyond the first CHF 200,000, the [[Gov/en/Portal:Economy/Bonding-Curve|bonding curve]] declines progressively, and the [[Gov/en/Portal:Economy/Need-Driven-Funding|Need-Driven Funding]] mechanism starts to regulate the redistribution. | ||
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== The amount that counts is the one announced at donation == | == The amount that counts is the one announced at donation == | ||
When a person makes a donation, the corresponding amount of | When a person makes a donation, the corresponding amount of Subscription Tokens is computed from the bonding curve and the Need-Driven Funding mechanism, and '''announced to the donor at that moment'''. That amount, and that amount exclusively, is attributed to the donor's Subscription Tokens. | ||
<span id="activation"></span> | <span id="activation"></span> | ||
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* A donation becomes '''effective''' when the payment is confirmed: immediately for a credit card payment, or upon receipt of a bank transfer (which can take up to 7 days). | * A donation becomes '''effective''' when the payment is confirmed: immediately for a credit card payment, or upon receipt of a bank transfer (which can take up to 7 days). | ||
* As soon as the donation is effective, the donor's | * As soon as the donation is effective, the donor's Subscription Tokens are '''active''': redistribution can start from the first subscription received, within the minute following the activation of the donation. | ||
* Cash out is available in increments of at least '''CHF 100''': amounts below CHF 100 accumulate until the available balance reaches CHF 100. See the [[Gov/en/Portal:R&D/Open-Calls:Cashout-Policy|Cashout policy]]. | * Cash out is available in increments of at least '''CHF 100''': amounts below CHF 100 accumulate until the available balance reaches CHF 100. See the [[Gov/en/Portal:R&D/Open-Calls:Cashout-Policy|Cashout policy]]. | ||
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== See also == | == See also == | ||
* [[Gov/en/Portal:Economy/ | * [[Gov/en/Portal:Economy/Subscription Tokens]] | ||
* [[Gov/en/Portal:Economy/Bonding-Curve]] | * [[Gov/en/Portal:Economy/Bonding-Curve]] | ||
* [[Gov/en/Portal:Economy/Need-Driven-Funding]] | * [[Gov/en/Portal:Economy/Need-Driven-Funding]] | ||
Latest revision as of 12:07, 4 October 2026
💡 In simple words: To start building WikiDeal, people can give money in a first big round of donations, called Donation Roundtable 1. The goal is to gather one million Swiss francs. To say thank you, givers receive Subscription Tokens: the earlier you give, the more Subscription Tokens you receive for the same amount.
🎯 In 20 seconds (scientific summary): Donation Roundtable 1 is the first donation round intended to fund Prototype 1, with a target of CHF 1,000,000. The Subscription Token multiplier is intended to be blocked at x100 for the first CHF 200,000 raised; beyond that point, the bonding curve declines and the Need-Driven Funding mechanism starts. The exact amount of Subscription Tokens is announced to each donor at the moment of the donation, and that amount exclusively is attributed. This page is an initial hypothesis, under construction, proposed as a basis for discussion.
Donation Roundtable 1
What Roundtable 1 is
Donation Roundtable 1 (also referred to as the First Financial Roundtable for Prototype 1) is the first donation round of the WikiDeal project. It aims at raising CHF 1,000,000 of donations to fund the construction of Prototype 1 and its deliverables.
Contributions are donations to the Ynternet.org Foundation, not investments: they confer no ownership, no share and no right of repayment. In gratitude, donors receive Subscription Tokens, the community redistribution mechanism of WikiDeal.
Subscription Token multiplier: x100 for the first CHF 200,000
The number of Subscription Tokens attributed for a donation is intended to follow these rules:
- For the first CHF 200,000 raised in Roundtable 1, the Subscription Token multiplier is blocked at x100: a donation of CHF 1,000 would be acknowledged with Subscription Tokens for a value of CHF 100,000.
- Beyond the first CHF 200,000, the bonding curve declines progressively, and the Need-Driven Funding mechanism starts to regulate the redistribution.
The amount that counts is the one announced at donation
When a person makes a donation, the corresponding amount of Subscription Tokens is computed from the bonding curve and the Need-Driven Funding mechanism, and announced to the donor at that moment. That amount, and that amount exclusively, is attributed to the donor's Subscription Tokens.
Activation and cash out
- A donation becomes effective when the payment is confirmed: immediately for a credit card payment, or upon receipt of a bank transfer (which can take up to 7 days).
- As soon as the donation is effective, the donor's Subscription Tokens are active: redistribution can start from the first subscription received, within the minute following the activation of the donation.
- Cash out is available in increments of at least CHF 100: amounts below CHF 100 accumulate until the available balance reaches CHF 100. See the Cashout policy.