Explaining what a contributor and contributor funding model is and why a contributor funding model is important
A contributor is anyone that applies their time and effort towards supporting, maintaining or improving an ecosystem.
Contributors will apply their skill sets and effort towards areas they are interested in, most passionate about, that helps support the ecosystem or in areas that they believe will produce the most impact.
A contributor funding model is when people are incentivised to work in an ecosystem to support, maintain or improve the systems and processes relevant to that ecosystem.
Funding contributors is similar to how a company will pay for employees. Instead it is the ecosystems that pays for contributors. Ecosystems will often have a set of tasks and responsibilities that need to be performed for that ecosystem to correctly and effectively operate.
The more important and high value the systems and processes are for an ecosystem the more likely that there is a reason to consider using a contributor funding model to support, maintain and improve that ecosystem.
Funding contributors is a simple funding approach to allow people to professionally work for an ecosystem.
A contributor funding model provides an alternative to idea based proposal funding. Idea based proposals focus on funding ideas that people want to execute. Contributor based proposals focus on funding individuals based on the skills they have that can create impact for the ecosystem.
With contributors the person looking to participate does not need to think of and articulate an idea for what they want to work on. Instead they are able to highlight the skills they have and how those skills would effectively benefit the ongoing support, maintenance and improvement of the ecosystem.
A contributor funding model offers a more simple and recurring incentive structure that helps to better align incentives to increase collaboration and flexibility across those who are working in the ecosystem.
The differences between idea vs contributor proposals are covered in this documentation in more depth.
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