Web3 Forward (Crypto industry) spent $4.7M on independent expenditures in the 2022 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2022). 100% of the money with a result ended up on the winning side ($4.0M won, $0 lost).
Outside spending
$4.7M
On the winning side
100%
$4.0M
On the losing side
$0
Supporting vs attacking
100% / 0%
$4.7M for, $0 against
Follow the money
Who filled the envelope
Web3 Forward reported $5K in gifts from people, companies, nonprofits and other PACs. The biggest are below.
- Rajiv GokalIndividual$5K (100%)
Where the money went
Biggest targets, with whether each one paid off.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
| Candidate | Race | Spending | Amount | Paid off? |
|---|---|---|---|---|
| Jasmine Crockett | Texas 30th District (primary) | Supporting | $1.1M | ✓ Yes |
| Val Hoyle | Oregon 4th District (primary) | Supporting | $542K | ✓ Yes |
| Jonathan L. Jackson | Illinois 1st District (primary) | Supporting | $491K | ✓ Yes |
| Adam Hollier | Michigan 13th District (primary) | Supporting | $412K | Unknown |
| Sydney Kamlager | California 37th District (primary) | Supporting | $317K | ✓ Yes |
| Patrick Branco | Hawaii 2nd District (primary) | Supporting | $257K | Unknown |
| Jasmine Crockett | Texas 30th District | Supporting | $252K | ✓ Yes |
| Robert Garcia | California 42nd District (primary) | Supporting | $232K | ✓ Yes |
| John K. Fetterman | Pennsylvania Senate (primary) | Supporting | $213K | ✓ Yes |
| Seth M. Magaziner | Rhode Island 2nd District (primary) | Supporting | $163K | ✓ Yes |
| Jared Moskowitz | Florida 23rd District (primary) | Supporting | $159K | ✓ Yes |
| Sydney Kamlager | California 37th District | Supporting | $124K | ✓ Yes |
Questions people ask
- How much did Web3 Forward spend in 2022, and did it win?
- Web3 Forward (Crypto industry) spent $4.7M on independent expenditures in the 2022 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2022). 100% of the money with a result ended up on the winning side ($4.0M won, $0 lost).
- Who funds Web3 Forward?
- Its biggest reported donors in the 2022 cycle were Rajiv Gokal ($5K), out of $5K received from donors tracked here.
- Which candidates did Web3 Forward spend the most on in 2022?
- for Jasmine Crockett (Texas 30th District, $1.1M, won); for Val Hoyle (Oregon 4th District, $542K, won); for Jonathan L. Jackson (Illinois 1st District, $491K, won).