TUGGThe Underground Groovement (band)
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Based on the crowdsourcing peer-collaboration model, TUGG relies on the community to: (1) source social innovation projects; (2) evaluate and vote on the right projects to fund; (3) raise money through a variety of micro fundraising initiatives.
TUGG founders Jeff Fagnan, a partner at Atlas Venture, and Hemant Taneja, a partner at General Catalyst Partners, explain:
TUGG empowers both the individual and the community to identify the most important issues and collaborate to solve them.