In an era when it is de rigueur to talk about empowering local communities, one nonprofit in New Zealand thinks it has a tool to help funders put their money where their mouth is.
The Wellbeing Protocol is a mobile app that allows groups of people to agree on a common constitution and then allocate the funding they receive from donors based on a voting algorithm that aims to provide an alternative to conventional majority rule.
The overarching aim is to “scale localism,” founder Mark Pascall told Devex on the sidelines of the Impact Investment Summit Asia Pacific in Sydney last month.