🚀KudoFuel Impact Fund

This fund allows platform users to support the wider development of the decentralised web

This fund allows platform users to support the wider development of the decentralised web while avoiding the demurrage associated with Earned KudoFuel. The Impact Fund is supported by Weaver Networks Ltd through the KudoFuel transaction fee and by platform users who wish to add their own KudoFuel.

Earned KudoFuel, which is added to this fund, is tracked and recorded so each contribution can be associated with who made it. Each allocation is matched by one from Weaverly’s own account.

The advantage of adding KudoFuel to the Impact Fund is that it acts much like a crowd staking fund giving participants access to early-stage shared funding opportunities – or a ‘rising tide fund’ where an incoming tide lifts all boats in the harbour.

Each participant’s allocation is for a minimum of 6 months, if after that point the participant wishes to withdraw their KudoFuel from the fund their return will be calculated based on the percentage increase, or decrease, in the fund’s performance during the time they allocated their KudoFuel to it. Earned KudoFuel allocated to the Impact Fund is not subject to demurrage. It should be seen as an investment in the collective future wealth of the ecosystem.