Donations are not tax-deductible for now. We might do that later if people ask for it.
30% includes all payment processing costs and other costs for both users and projects, so there is a flat 70% remaining for projects that doesn't get deducted further. We do this to keep things simple and make it clear how much projects can get.
Payment processing alone costs $0.3 + 3% with Stripe, so at $10/month that's a fixed $0.6 out of the $3 we take. The other $2.4 needs to accommodate the fees to send money to each of the projects + infrastructure costs. Not sure how to account for that but assuming at scale around $0.4/user/month, we're looking at $2/user/month in profit. Assuming sustainability is reached at $200,000, that is approximately 8300 people giving to open source through this. That is high but seems approachable.
Does that seem reasonable? My objective with this is to build something that increases the pool of people who contribute but also ensure the underlying project can stay afloat indefinitely with the right incentives.
First thanks for doing this.I was actually looking for a good and efficient way to give back to OSS.
30 % seems more inline with apps store etc... which are closed, for profit entities. Other crowd founding venue charge around 5 % which is the level i would personally feel comfortable with.
The way the donation are distributed is interesting and seem to be geared toward people wanted to give back to communities on which they are actually contributing (time spent on the documentation pages). Personally i am looking for a way to give to project i use the most, (firefox, vim , zsh etc...) and also project that i use and particularly need funding.
>Other crowd founding venue charge around 5 % which is the level i would personally feel comfortable with.
5% is $0.5 which right off the bat assumes payment processing is separate. That's fine if people prefer that but even then $0.5 is barely enough to cover infrastructure. How do we pay for someone to maintain that infrastructure? This is the same issue OSS is facing but on the other side. No one wins when the tools we rely on don't have a sustainable business model. I don't think 5% is sustainable as we've seen with Patreon's recent increase.
>Personally i am looking for a way to give to project i use the most, (firefox, vim , zsh etc...) and also project that i use and particularly need funding.
Yea this mostly geared towards libraries and frameworks not apps.
>Any plans for the entreprise market ?
Enterprise is an important market but I was hoping to get some early adopters to prove the idea first and then use that proof to get businesses to join. Not opposed to doing both in parallel though.
30% includes all payment processing costs and other costs for both users and projects, so there is a flat 70% remaining for projects that doesn't get deducted further. We do this to keep things simple and make it clear how much projects can get.
Payment processing alone costs $0.3 + 3% with Stripe, so at $10/month that's a fixed $0.6 out of the $3 we take. The other $2.4 needs to accommodate the fees to send money to each of the projects + infrastructure costs. Not sure how to account for that but assuming at scale around $0.4/user/month, we're looking at $2/user/month in profit. Assuming sustainability is reached at $200,000, that is approximately 8300 people giving to open source through this. That is high but seems approachable.
Does that seem reasonable? My objective with this is to build something that increases the pool of people who contribute but also ensure the underlying project can stay afloat indefinitely with the right incentives.