Socious Fund
  • What is Socious Fund
  • Rewards
  • Extended Quadratic Funding
  • Impact Score
  • Impact Score Calculation
  • Contribution Multiplier
  • Connection-Oriented Cluster Matching (COCM)
  • Suspicion Score Adjustment
  • Round 1
    • Tracks
  • How to receive funding
    • Sign Up (Create Profile)
    • KYB (Verification)
    • Creating your project
  • Pilot Round
  • HOW TO SUPPORT PROJECTS
    • Voting Tutorial
    • Sign Up (Create Profile)
    • Explore Projects
  • KYC (Verification)
  • Vote/ Donate
  • Comment
  • MISCELLANEOUS
    • Impact Evaluation
    • Voluntary Contribution
    • FAQ
Powered by GitBook
On this page
  • How Does Socious Fund Work?
  • Why Extended Quadratic Funding?
  • How Do I Participate?

What is Socious Fund

Socious Fund transforms crowdfunding through an effective quadratic voting system. By combining small contributions from socially impactful individuals with larger matching funds, we've built an equitable funding platform. Unlike traditional systems dominated by wealthy donors, our platform strengthens community voices through an impact scoring system and secure identity verification. This creates a sustainable ecosystem where meaningful social contributions directly translate into funding power, ensuring that a diverse range of projects receive fair and balanced support.

How Does Socious Fund Work?

  • Project Proposal: Submit your project profile with documentation of impactful purposes. Our team verifies 501(c)(3) alignment to enable tax-deductible donations.

  • Voter Engagement: After approval, your project enters voting where community members can vote and donate—with greater influence given to those with proven social impact.

  • Receive Funding: After voting, you'll receive direct donations plus matching grants. Your funding amount combines both financial support and community endorsement.

  • Project Execution: Launch your project and report regularly on impact metrics and milestones to maintain transparency and strengthen community trust.

Why Extended Quadratic Funding?

Extended quadratic funding is a powerful mechanism for allocating resources in a way that better reflects community preferences and prevents wealth concentration. Our extended quadratic funding model addresses three key advantages:

  • Democratic Decision-Making: Small donations gain more weight when combined, ensuring broader community participation

  • Fair Resource Distribution: Prevents wealthy donors from dominating funding decisions

  • Impact Optimization: Funds are allocated based on both community support and verified social impact

How Do I Participate?

  • Project Owners: Propose project to receive direct donations and matching grants

  • Supporters: Vote for projects that you want to see funded, with or without donating

  • Matching Pool Contributors: Make financial contributions to the matching pool instead of specific projects

NextRewards

Last updated 2 months ago