diff --git a/README.md b/README.md
index 403f83cbe..f572acbfb 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,6 @@
 [![Build Status](https://travis-ci.org/projectM-visualizer/projectm.svg?branch=master)](https://travis-ci.org/projectM-visualizer/projectm)
+[![Backers on Open Collective](https://opencollective.com/projectm/backers/badge.svg)](#backers)
+ [![Sponsors on Open Collective](https://opencollective.com/projectm/sponsors/badge.svg)](#sponsors) 
 
 ![Logo](https://github.com/projectM-visualizer/projectm/raw/master/web/logo.png)
 
@@ -117,5 +119,35 @@ If you maintain packages of libprojectM, we are happy to work with you! Please n
 ## Authors
 [Authors](https://github.com/projectM-visualizer/projectm/raw/master/AUTHORS.txt)
 
+## Contributors
+
+This project exists thanks to all the people who contribute. 
+<a href="https://github.com/projectM-visualizer/projectm/graphs/contributors"><img src="https://opencollective.com/projectm/contributors.svg?width=890&button=false" /></a>
+
+
+## Backers
+
+Thank you to all our backers! 🙏 [[Become a backer](https://opencollective.com/projectm#backer)]
+
+<a href="https://opencollective.com/projectm#backers" target="_blank"><img src="https://opencollective.com/projectm/backers.svg?width=890"></a>
+
+
+## Sponsors
+
+Support this project by becoming a sponsor. Your logo will show up here with a link to your website. [[Become a sponsor](https://opencollective.com/projectm#sponsor)]
+
+<a href="https://opencollective.com/projectm/sponsor/0/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/0/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/1/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/1/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/2/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/2/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/3/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/3/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/4/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/4/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/5/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/5/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/6/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/6/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/7/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/7/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/8/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/8/avatar.svg"></a>
+<a href="https://opencollective.com/projectm/sponsor/9/website" target="_blank"><img src="https://opencollective.com/projectm/sponsor/9/avatar.svg"></a>
+
+
+
 ## License
 [LGPL](https://github.com/projectM-visualizer/projectm/raw/master/LICENSE.txt)