Easy Retro Funding is a lightweight, community-led funding process that rewards completed work instead of pre-funding projects up front. Think of it as a collective “pat on the back”—but with real money behind it.
Here’s how it works:
- People nominate work or projects that have already made a difference.
- A trusted group (or the community) votes on which ones had the most impact.
- The available funds are distributed based on those votes.
This model flips traditional grantmaking: instead of asking people to pitch what they will do, it lets communities recognize and reward what has already been done. It’s fast, fair, and doesn’t require complicated rules or bureaucracies.
Easy Retro Funding is useful for any group that wants to reward value after the fact—especially when it’s hard to predict impact ahead of time. It’s popular in open-source, community projects, and grassroots efforts.
Why It Works
- Simple setup: No complex application or review process.
- Trust the results: Funding goes to work that already happened and was seen as valuable.
- Community driven: People closest to the work help decide where the money goes.
- Repeatable: Can be run monthly, quarterly, or after key milestones.