open-source protocols for funding and rewarding positive impact
Funding for Impact, Not Intention: A New Era of Creativity and Risk-Taking for Public Goods
In this blog post, we will discuss exactly why the predominant model of rewarding impact is broken and how funders can use hypercerts to have more impact.Every funder wants to achieve more impact per dollar spent. But most funders only have a loose sense of the overall impact they’re having via the projects they fund. It’s hard for funders to find data to answer questions like:Which projects in our portfolio are under-valued and deserve more fundingWhich projects should be phased out early, f...
Funding for Impact, Not Intention: A New Era of Creativity and Risk-Taking for Public Goods
In this blog post, we will discuss exactly why the predominant model of rewarding impact is broken and how funders can use hypercerts to have more impact.Every funder wants to achieve more impact per dollar spent. But most funders only have a loose sense of the overall impact they’re having via the projects they fund. It’s hard for funders to find data to answer questions like:Which projects in our portfolio are under-valued and deserve more fundingWhich projects should be phased out early, f...
