2min chapter

The Ownership Economy cover image

Episode 002 - Democratizing Ownership and Governance via Exit to Community with Pia Mancini

The Ownership Economy

CHAPTER

How Does Open Collect Work?

Open collective is like the platform open collectiv ink, which is to come in, to think of open collect as a constellation of different things. And communities canjust raise their money, spend their money on the platform, pay themselves, hire themselves. Hosts provide a ton of service, employment services, like insurance. We apply for grand depending on the host. We provide tax et actable receipts,. So we have now a technical riders working for their communities and volunteers that are getting paid. Thousands of groups raising money a so in the past 12 months, i think we've unlocked something around 37 million dollars rit literally money that moved from the centre to the fringes te or soret

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode