Tanda Foundation: P2P funding for creative practice.
2008-Ongoing.
Tanda Foundation is an experimental not-for-profit foundation that facilitate public funding for the production of creative works. The model takes advantage of the communalist nature of the web 2.0 to create a platform of collective authorship that is run and held by it’s own users, which are at the same time the Patrons and Candidates that generate financial and cultural capital.
The model is inspired by an alternative economy practice established in Mexico called “Tanda”, a free form of economy practice and rotating credit association common among illegal immigrants in the United States as a response to the inability of joining the regular banking system, as well in Mexico where the less priviledged class population can’t keep up with the credit system.
Tanda Foundation allows members to post proposals, give micro-donations -limited to 20 us- and vote to decide which projects will receive the p2p funding collected in each monthly cycle.
In addition to ‘Cash’ grants, we offers ‘Fame’ grants, which allows association to the Tanda Foun- dationand vice-versa, by including a reference in a curriculum vitae. This potentially increases the chances of being eligible to receive bigger institutional grants! The goal is to create a net- work surrounding our Foundation which grows; and as the fame of our recipients increases, the more valuable it will be to belong to the Tanda Foundation.
Visit Tanda Foundation to participate and learn about our simple mechanisms to imagine new funding models. Tanda Foundation: Apply+Donate+Create
