Disclaimer: My blogs are not a reflection of my employer's opinions, but are my own, and often unfiltered. Also, some links on this site may be part of an Amazon Associates program, so by clicking on them you help me pay for my independence.
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if done properly, it can be a great way to collectively fund projects that otherwise would stay stagnant for months or years.
Take a look at this recent campaign aimed at supporting the existing Drupal community.
While it does not focus on one particular open-source project, it helps developers find one another and reduce the coordination and transaction costs of connecting them with potential projects.