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Is Diaspora the Future of Free Software Funding?

Glyn Moody writes "Diaspora, the free software project to create a distributed version of Facebook, has been much in the news recently — not least because it has raised $170,000 in just a few weeks. But what's also interesting is the way they've raised that money: through a series of graded rewards for pledges of financial support. This is an approach adopted by some forward-thinking musicians: for example, Jill Sobule funded her last album in the same way, garnering $75,000 in pledges from fans. Is this a model that could be applied to other free software projects, or is it just a one-off?"

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  1. Optimizing donations by nacturation · · Score: 4, Interesting

    Interesting the way their donations are structured:

    Pledge $10 or more
    Get a CD, note, and a bunch of cool diaspora stickers

    Pledge $25 or more
    Get a CD, note, and a bunch of cool diaspora stickers, and a awesome diaspora t-shirt!

    Pledge $50 or more
    Get all the above stuff, plus 1 month free of our turnkey hosted service (when it becomes available), or free phone support for 1 month if you host your own.

    Pledge $100 or more
    Get all the above stuff, plus 3 month free of our turnkey hosted service (when it becomes available), or free phone support for 3 months if you host your own.

    Pledge $350 or more
    Get all the above stuff, plus 1 year free of our turnkey hosted service (when it becomes available), and free phone support for 1 year if you host your own.

    Pledge $1,000 or more [5 only]
    Get all of the above stuff, plus access to the nightly build server for Diaspora, so you can check out our progress all summer!

    Pledge $2,000 or more [4 only]
    Get everything above, plus we will send you a brand new computer fully configured so you can host your own Diaspora seed from right under your bed!

    The actual physical goodies stop at $25, and every level after that is soft goods. When you have to send out a t-shirt at the $25 level and they're on the hook for international shipping costs, how much is actually left over for development?

    I would have structured things a bit differently. Of course, this is with 20/20 hindsight with the knowledge that their project would get viral media coverage and the fundraising would exceed expectations.

    Pledge $10 or more
    Get an official sponsor certificate from the developers [really a PDF over email, no mailing expenses]

    Pledge $25 or more
    Get an official sponsor certificate, and a bunch of cool diaspora stickers

    Pledge $50 or more
    Get all the above stuff, plus an awesome diaspora coffee mug!

    Pledge $100 or more
    Get all the above stuff, plus a cool diaspora polo shirt!

    Pledge $350 or more
    Get all the above stuff, plus a rocking diaspora laptop courier bag!

    Pledge $1,000 or more
    [Something along the lines of what they did, but something tangible as well. I also would have upped the slots. Instead of 5 only, make it 50.]

    Pledge $2,000 or more
    [Something along the lines of what they did, but something tangible other than the computer. I also would have upped the slots. Instead of 4 only, make it 20.]

    Pledge $10,000 or more
    [Why not? Something special as a silver level sponsor.]

    Pledge $25,000 or more
    [Something special as a gold level sponsor.]

    Pledge $50,000 or more
    [Something special as a platinum level sponsor... possibly credit on the site?]

    Pledge $100,000 or more
    [Hey, why stop now? Appeal to peoples' greed. 1% founders shares or something along those lines. This puts a $10M valuation on the company which is amazing for something that's 4 guys and an idea of cloning the 800lb market-leading gorilla.]

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