Can we get a simple clarification on what is meant by this how-it-works explainer:
Crowdmatching: Each patron donates a tiny amount times the number of patrons who join them in supporting a project. This creates a network effect where project supporters work together to fund the results they care about.
Does this mean that if (wild fantasy) a 1,000 donors support my journalism project with a $1 each per month, then any subsequent donor has to match them with a $1,000 per month donation?
PS: Tried to read this post for answers but lacked the intellectual fortitude to follow all the twists and turns, sorry!