WELCOME

Why organize a Quadratic Funding round?

Organizing a Quadratic Funding round is a task that few people in the world have experienced. If you think this is an exaggeration, let's look at it this way:

• Imagine that out of the total global population, only 69% have access to financial services around the globe.

  

• Having access to financial services is a great benefit. Now let's see what percentage of the global population uses cryptocurrencies. While there is no single source to consult exact data, the percentage of cryptocurrency users ranges from 1.83% to 4.2%. These numbers give us an idea of the tiny percentage we are part of. In other words, approximately 95.8% of the global population is still unfamiliar with the crypto ecosystem.

• But that's not all... Imagine that within that percentage of cryptocurrency users, an even smaller percentage possesses a self-custodial wallet. The number keeps getting smaller, right?

• Within that small fraction of the global population that has access to financial services, uses cryptocurrencies, and has the fortune of having the resources and knowledge to have a self-custodial wallet, we find those who know what Quadratic Funding is and have at least once donated in a round.

We're back to the beginning. Only a handful of people across the world have the experience of organizing a Quadratic Funding round. So if you're reading this, congratulations! You are part of the avant-garde.

What is CLR Fund?

CLR Fund is a project that enables the launch of Quadratic Funding rounds for projects through smart contracts on the blockchain. Each donation received is amplified by the funds in the Matching Pool.

1. This fundraising model rewards projects with the most unique demand, not just those with the highest donation amounts.
2. Clr.fund and other donors contribute funds to the Matching Pool smart contract.
3. The round begins, and you can donate to your favorite projects.
4. Once the round ends, the smart contract distributes the funds from the Matching Pool to projects, primarily weighted by the number of contributors rather than the value of the contribution.

We have prepared this guide for you to accompany you in this exciting task ❤️

Step #1 - Key parties

We suggest that you pay attention to the process and, above all, enjoy it. These types of rounds help teams in your community to continue with their projects, and these projects have an impact on your community. The rounds are not only instances of financing but also of connection and mutual enrichment.

A round has four fundamental pillars: organizers, participating projects, donors/voters, and QF EF Team and CLR Team. It is important to consider these four actors to estimate how they will interact.

1. Organizers: The main ingredient is enthusiasm, but consistency is also important. A round requires responsible and committed individuals who can dedicate hours of their time over several weeks to prepare and close the round.
   • General Coordinator
   • Full-stack Developer - Knowledge of Solidity, Hardhat, Vue, and Javascript is recommended.
   • Community Manager for social media