Participatory Rounds: Grantmaking, RFPs, and Budgeting
Participatory budgeting is a practice where resources are distributed through a collective process by the members of a group.
Participatory budgeting is a democratic practice where resources are distributed through a collective process by community members. Instead of decisions being made by a small group of leaders, everyone gets a voice in how funds are allocated or which projects receive support.
This feature enables groups to run transparent, inclusive funding rounds where members can:
Submit project proposals
Collectively discuss and evaluate submissions
Vote on resource allocation using token-based systems
Build deeper relationships through collaborative decision-making
By involving the entire community in resource allocation, groups can ensure greater transparency, fairness, and member satisfaction while attracting new participants who want to be part of meaningful decision-making processes.
Key Features
Funding Round Creation
Group stewards can create and manage participatory rounds with customizable parameters including voting methods, submission requirements, and participant eligibility.
Phase-Based Workflow
Rounds progress through structured phases from announcement to results, with options for manual or automatic transitions between phases.
Token-Based Voting
Flexible allocation systems allow for both co-budgeting (with real currency) and priority voting using distributed tokens.
Built-in Discussion
Integrated chat rooms and comment systems facilitate collaboration and idea refinement throughout the process.
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