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Re:Looking for Work After 25 Years of Octave by nathancahill on Wednesday February 08, 2017 @11:03PM (#13604589)
The idea is a good one. But see how none of the projects break $3k/month? And how drastically it drops down to $500? There just isn't that much money moving in that model. Period.

The Open Collective project mentioned in your sibling looks even nicer, but tops out at $5k/year.

Re:Looking for Work After 25 Years of Octave by dflock on Friday February 10, 2017 @06:07PM (#13619722)
It's not the model, it's the audience size.

These guys are making $24k per month on Patreon, for example: https://www.patreon.com/Kurzgesagt - I would guess it's just a function of their audience size and the amount of work they put into fundraising - actually asking people to contribute.

ElementaryOS have actually been working at this a little bit (unlike almost all other open source projects) - and they've built up to $1k a month on Patreon: https://www.patreon.com/elementary - plus ~$200 a month on salt/bountysource, plus direct donations, etc...