Impact Certificates [Proposals Wanted] 📄

[owocki]

I think that the idea of an Impact Certificate is really powerful.

If ImpactDAOs were able to issue highly legitimate Impact Certificates, then we’d have a verifiable on-chain resource for validating who has created Impact.

Some hypothetical examples:

1. 40k Tons Carbon Removed from Atmosphere Impact Certificate; Signed by Gitcoin Governance
2. 15k Citizens Removed from Poverty Impact Certificate; Signed by CaliforniaDAO

If someone reads an Impact Certificate claiming X impact, they could be reasonably sure that that claim was actually physically legitimate if there was an attestation of it coming a knowledgeable and credibly neutral source (say, perhaps Gitcoin governance).

This idea could get really powerful if we were able to create buy pressure for Impact Certificates. One could imagine a world in which crypto-wealthy philanthropists buy Impact Certificate NFTs to flex how much they’ve done to support their favorite charitable causes or public goods.

If ImpactDAOs prove they are able to create a good amount of income at their later stages, then ImpactDAOs become investable at their early stages, as investors seeking a return discover ImpactDAOs. Over time, as this cycle matures & grows, the capitalist flywheel that traditionally invests in traditional for-profit ventures would start to turn for the public good.

One powerful Impact Certificate integration could be Grants 2.0. I hope that one day you can browse by Gitcoin Grants that had been issued the most Impact Certificates. Having knowledge of which projects have created Impact could be a valuable new source of data for crowdfunders who are trying to make good decisions about what to fund.

Is anyone working on something like this or interested in starting to? If so, I would like to talk to you. Please (1) join this telegram (2) post a proposal below in 500 words or less that articulates how you would attack this problem and what would have to be true for it to happen (hint: please ask for funding, I want to fund good proposals!).

Attributes of a good proposal:

1. Leverages open standards (DIDs, VCs, NFTs) to create Impact Certificates
2. Uses governance to create credible neutrality of Impact Certificates
3. Enables the creation of a liquid market with buy pressure for Impact Certificates.
4. Being built by a credible team with experience building product.
5. Integrates with Gitcoin Grants 2.0 Project Registry and/or Proof of Impact (optional)

I have budget to fund as many promising proposals as I receive, and will decide how to spend that budget on a case by case basis.

[djnicke]

We work with landowners to employ field-tested stewardship practices that improve soil fertility and crop yield without the use of any artificial inputs: zero fertilizers, zero pesticides, zero herbicides!

This regenerative carbon farming process improves all surrounding ecosystems over time, and we can achieve this at a profit (by selling Carbon Credits or Proofs of Impact) – while allowing the farmer/landowner to keep 100% of any crop harvest, restoring local economies and food security.

Our goal is to restore soil fertility and aquifer levels on a global scale by incubating local farm-based economies built around the principles of restorative hydrology, regenerative organic farming, agri-solar, and permaculture. By teaching communities to cultivate healthy soils and align with natural carbon & water cycles, we empower them to become self- sufficient and eventually become net exporters of abundant harvests of natural products while simultaneously restoring health to local ecosystems and economies.

Each local farm-based economy then becomes a node in a global network of interdependent earth stewards, learning from and inspiring each other. They can produce Proof of Impact via Carbon Credits or verified improvements to local biodiversity, water table/cycle restoration, and overall ecosystem health. There are a myriad co-benefits from our methods which would be ideal to measure, quantify, and verify.

We have experience managing international agri-solar projects, however we require funding and guidance on bringing our knowledge into web3 tools and integrating our projects into a cohesive global community. We have partners developing various tools, however we are still searching for the right blockchain/DAG and community. We don’t want to own the network, we simply want to initiate and cultivate it.

Our goal is to shift 1 billion acres back to regenerative by 2030, so we will need the scalability that web3 offers while leveraging the schelling point you have created.

[llllvvuu]

Not a proposal, but I had some quick ideas on this topic a while back, if anyone finds it helpful (comments enabled): notion.so/llllvvuu/Digital-Impact-Certificates-efe24dedbf784279aec2bb0c5510fa8b

[upper-left-k]

Yes! I have been poking around GitcoinDao just to have this conversation. I don’t know the tech side but I have over a decade of real world experience with international manufacturing.

2 biggest impact points:

• Living wage
• proving adherence to any number of 3rd party inspected environmental standards such as ISO:14001

How we get there:

1. Build a Fair wage index oracle in cooperation with a non profit doing the work to quantify it by country/ region.
2. Build a 3^rd party inspection certificate oracle to house inspection documentation
3. Connect the consumer-> brand-> factory-> worker via smart contract purchase
4. Use this smart contract to fractionalize Fair Wage payments so that the brand is guaranteeing the customer that the product they are buying was produced at Fair Wage payment levels.
5. Use this smart contract to confirm inspections are done and up to date
6. WAGMI reaches workers worldwide

Keeping it short but could give a whole talk to explain where Fair Trade programs fail and why at this point in time fractionalizing Fair Wage payments at the factory level is key. Also could make a very strong case that all of the “let’s reinvent fashion or Consumer packaged goods with web3” will never be game changers without something like this as the foundation. From this basic architecture you can add on concepts like production efficiency through presale, design efficiency, material sourcing efficiency, material safety, carbon offsets, circular economy, right to repair etc.

*not yet a member of GitcoinDAO but applied. Saw the proposal request on the discord server. Can be reached karen@astorandorion.com With tech support/ funding 100% could do a use case/proof of concept project.

[jimbo530]

I volunteer with a 501c3 public charity that uses crypto to pay people for doing environmental tasks, The EverGreenCoin Foundation, we have made large impacts on a great many lives with the downstream effects of our program and are interested in improving and expanding our efforts, receiving any form of recognized certifications would be great for us but i am not sure how to help you reach the goal of creating them. I would like to request some help to increase our positive impact though.

To start i imagine you will want some basic information about EGC currency, The 501c3 foundation The EverGreenCoin Foundation and my personal efforts that also utilize the EverGreenCoin currency. EverGreenCoin currency launched end of 2015 as Proof of Work, after a decentralized supply was established it shifted to Proof of Stake. The 501c3 public charity The EverGreenCoin Foundation was incorporated in 2017, the program we call Proof of Environment that has become a large part of what we do was launched in 2019. PoE allows any one any where to turn in photos of environmental works they do and claim EGC for their efforts and helped us structure our ongoing environmental bounty in a sustainable way. 2021 the sole proprietorship simple solutions with Jim was founded with the intent of rewarding CO2 sequestration and finding funding to create market structure that will extract value from global market fluctuations to support the value of the EverGreenCoin currency. This would mean the charity can reduce its dependence on grants and donations as well as provide value to the CO2 sequestration bounties i personally pay.

With some basic info out there lets touch on impact we have already made as proof of function of the program. Before PoE launched we had several successful fund raisers, tree plant bounties and other projects that where kind of all over the place. Almost immediately after PoE launched we had a group called Falu Productions led by a man named Lyama take advantage of the program to raise enough money to afford a more dependable internet connection and other needed supplies, he then used that internet connection to reach a larger number of donors and built a permicuture school in the refugee camp he lives in, the school has been in operation for years at this point changing many lives. We do not claim all of Lyama’s success as our own but are proud to be able to give him the small step up he needed to start his works, more recently i had a friend contract malaria and he was able to sell his EGC to pay for medical treatment, he stays active in his community helping many schools, churches and other community members so his continued health is a boon to his community and all of humanity, we are happy we helped him how we could. Many many projects have done between then and now and is hard to remember or mention them all now but direct and downstream impact of our efforts has been substantial.

What we need is support and participation. If you have no money you can participate in PoE and claim EGC to help. US tax payers can make tax deductible donations to The EverGreenCoin Foundation or volunteer time just like any other traditional public charity. You can also buy EGC from people earning it doing environmental works in peer to peer transactions if you want to meet the community and be more involved. You can buy and trade EGC on exchanges to help support market building or, you can help build liquidity pools attached to automated market makers against diversified assets to help extract market value from fluctuating global markets while building your personal crypto savings. If you do decide to send me (simple solutions with Jim) funding it would be utilized in this last way with the exception it will be locked in an account no one has keys to so there is an ever growing coin sink for EGC and its paired asset. This is where collaboration between crypto projects has a lot of potential, Simple solutions with Jim is in the XPRIZE carbon capture contest and the majority of any grant funding we win would be used to lock liquidity into EGC and that means buying and locking other assets into liquidity as well, a lot of how we would structure these investments is undecided but any crypto community that participates in helping us win would be included in our decision making and with a $50,000,000 grand prize we can show many deserving projects much needed support, this alone could also be largely impactful in many ways. I hope to get several thousand dollars worth of several assets into EGC liquidity, you can help do this yourself or entrust me to do it. I did create the account with lost keys mcbrn on XBTS and have already locked 1,000,000 liquidity tokens for each BTC, STH, LTC and XAUT as well as put a large portion of my personal savings into EGC liquidity i do maintain access to.

In a sense i see EverGreenCoin as a generic fungible impact certificate because most everyone who has EGC has either done good works or bought them from someone else doing good works.

I am happy to answer any question.

[exeunt]

genreFund operates under the assumption that crypto should identify and support those elements in society that share its core ethos, not just its tech. Our small team has identified genre, as it functions in the written and visual arts, as a veritable platonic ideal of the DAO: decentralized, open source, permissionless, forkable, the genre as distributed creative community model has conventionalized some of crypto’s most radical practices to the point where they are taken for granted. Structurally, these informal communities have an antifragile relationship with the broader art and writing world: conflict and forking in a genre community make the creative world more robust and powerful.

genreFund hopes to accomplish two goals: take on the challenge of supporting genres as peers in pluralism and open source; borrow from and experiment with the organizational form of genre as an experimental challenge. The goals depend on each other, as the challenge of supporting an informal community with no institutional face will require some creative organizational design. genreFund thus has a parent DAO sub DAO structure, where the parent DAO supples DAO tools, marketing and directional coherence to a landscape of genre-aligned impact DAOs. Within this context, the funds make the genreFund DAO antifragile, as internal disputes, when resolved, improve the polyvocal aptitude of the subDAO and, when irresolvable, result in forks which enrich the diversity and effectiveness of the whole project.

Polyvocality means that the informal creative communities are approached and supported as clouds of goal-aligned creators rather than institutions with centers (an internally plural conception of what the genre is is a MUST). Multifaceted avenues of support would include artist basic income fellowships, archival projects, emergency support funds for organizations (“save City Lights Books!”) and viral special projects to increase enthusiasm for fundraising. The process of investigating and funding the community in its full multidimensionality should never be complete – the genre that can be named is not the true genre.

The principle fundraising mechanism for each subDAO was long thought to be impact NFTs, creatively marketed as (in our prior formulation) “proof of philanthropy” as well as “community allegiance tokens” (build your stack, show off your interests) and of course, objects of speculation. In short, our strategy is conceptually resonant with the proof of impact certificate, but missing an edge of legitimacy. Genre-affiliation is an already compelling case for buying our impact NFTs; impact verification levels it up. (And vice versa: other spheres might leverage positive sum competition between sub-sectors of impact projects, making gamified personal preference an additional selling point for certificates). A potential con of this application is that many of the support vectors may be challenging to independently verify, as they are by design institutionally marginal. Solutions to this in the context of genreFund, however, will be solutions to the proof of impact certificate at large.

Due diligence: Two person team, no technical, execution still at level of concept.
Resources needed: Funding in the region of 5ETH (to go towards bootstrapping NFT sale). Engineers.

[hrobertcolvin]

Impact Certification Concept: Greenpilling the Sustainable Development Goals

tl;dr -

We need to ensure the Impact Certificate aligns with the Sustainable Development Goals’ (SDG) impact framework, so we can access large sources of capital (from commercial to philanthropic donations) and promote go-to-market

To start, we should establish a basic set of Impact Certification criteria that can be easily submitted (established through APIs, on-chain data, and / or a basic diligence questionnaire); ImpactDAOs meeting these criteria receive a DID, and their progress on creating impact can be displayed through a simple dashboard on a dApp

Units of impact (e.g., carbon credits) can be issued as NFTs and market demand for these can be generated among crypto and SDG investors (institutional and retail)

Impact Certification should be governed through flexible, neutral decision-making bodies; this could be done through ~17 sub-DAOs (based on number of SDGs), with voting power inversely correlated to an investor’s return expectations (philanthropic donations have lowest dilution and strongest voting power, followed by concessional, and profit / yield-maximizing)

Let’s work together for a month or so to build out all of these ideas, figure out what we should keep and throw out, and put together a fleshed-out concept that we can take forward

-------- tl;dr end --------

Objective: the objective of this proposal is to outline the approach to develop an Impact Certification concept note. See Google Doc below for the unabridged version of this proposal:

Impact Certificate Proposal - SDGs

Proposed Activities

Phase 1 of this study should focus on fleshing out the ‘Design Implications’ and starting to put up the scaffolding for a successful Impact Certification program. To do this, I propose the following analytical activities below:

1. Map the SDGs to currently available on-chain data

The objective of this activity is to determine the extent to which on-chain data (e.g., carbon credits) can be mapped to the SDG’s prescribed impact metrics. Since the majority of SDG impact metrics will not be a 1:1 match with on-chain data, this analysis will also explore other approaches to approximate impact. For example, we could explore the feasibility of using on-chain financial transaction data to determine increase in economic activity (and decline in poverty rates).

2. Propose 2-3 strawman governance frameworks / funding modalities for the Impact Certification

The objective of this activity is to explore how individual and collective incentives for ImpactDAOs, investors, contributors, and others can be positively shaped. A wide range of mechanisms, such as retroactive public funding, staking, and NFTs, will be considered and assembled into potential governance structures. This analysis will draw on existing literature regarding DAO governance and consider ‘best practices’ from successful comparator DAOs.

3. Generate a series of ‘minimum viable criteria’ options for the Impact Certification

The goal of this activity will be to generate a series of criteria that ImpactDAOs will have to meet in order to obtain the first level of impact certification. This analysis will take into consideration the trade-offs of including certain criteria, while ensuring that the initial burden for ImpactDAOs is minimal but meets the standards / intentions of the Impact Certification.

4. Create a high-level roadmap of what could come next

Ultimately, this rapid study will only be useful if it leads to action and concrete results. As such, I will outline what additional steps need to be taken during Phase 2 to flesh out key conclusions and validate assumptions. A critical part of this will be getting initial feedback from potential users (ImpactDAOs, crypto native investors, SDG investors, etc.).

Output: research, analysis, and recommendations can be summarized in a 20-30 slide

Timeline and Budget

This study will be conducted and finalized over the course of a month, with Robert performing the majority of the work during free evenings and weekends. The proposed budget is $2,800, with 50% of the payment due following submission of the first draft and the remaining 50% upon finalization of the report.

See consultant profile and other detailed information in Google Doc

[tayken]

@hrobertcolvin digging the idea of greenpilling the SDGs. We work with the UN and a number of SDG-focused orgs (mostly on #4 and #8).

Would be excited to support if/as needed.
More here: The Learning Economy Foundation's Decade Resolution: Solve SDG 4 & 8

[hrobertcolvin]

Very cool, will definitely have to dig further on this.

[T0admomo]

Who We Are

Athena Protocol is building a suite of tools for bridging the gap between the real world and the blockchain. We work to bring transparency, accountability and accessibility to environmental and social governance through a two pronged approach.

1. Data Collection Process Design
   1. IOT mesh networks
   2. Edge computation infrastructure
2. Smart Contracted Algorithmic Consensus
   1. Privacy preserving data C2d (Compute to Data).
   2. User owned data governance.

Our work will help open the flood gates on data silos in environmental and social governance while creating accessible, repeatable, and equitable solutions for verifying real world observations that prove sustainable and regenerative action. We partner with Impact NFTs, game developers, certified offset marketplaces, NGOs, activists and land stewards to facilitate the secure, equitable and verifiable flows of data from the real world to decentralized ledgers.

Who We Serve

The best way to illustrate how our work creates value for the entire Web3 and Refi Ecosystem in a diverse number of ways is to talk about our partnerships. We have a major role to play with growing number of projects and organizations of which the following are just a few examples.

OPADES: Deploy IOT mesh network and edge computation deployment for early wildfire detection, parametric insurance, and ReFi MRV.

BasinDao: Deploy IOT mesh network and edge computation deployment for water quality and aquifer recharge, biodiversity, and wetland habitat extension.

Open Forest Protocol: Develop tools, models, and smart contracts to facilitate consensus driven validation of OFP assets.

Pozzle Planet: Design, develop and implement positive sustainable action validation protocols.

Orgo: Curate verifiable data verticals to back in game Impact NFT assets.

Ocean Protocol: Develop tools for verifiable claims / credentials and algorithmic consensus contracts. Increase accountability and transparency in web3 data markets.

FOAM: Develop solutions for IOT interaction with EVM compatible smart contracts. Field test proof of location zones with Lora.

Impact Certificates:

What is described in the OP as “Impact Certificate” sounds a lot like how we see our data backed NFTs. Our verifiable data sources are minted into IP preserving smart contract using ocean protocol. DataToken are then used to facilitate access to the underlying data and generate revenue for the data providers, curators, and validators. These DataToken also facilitate the governance over the process and procedures that keep the data credible.

Our Impact Certificates are tied directly to the data required sign verifiable claims about real world observations relating to the projects and initiatives they are intended to support. The intended contract design will pool DataToken and other digital assets in order to power algorithmic consensus contracts, while also mining liquidity.

Additional Points

• We use and support the development of open standards in data and sustainability.
• We are a multi-chain protocol to facilitate interoperability impact related projects.

Funding for:

1. Infrastructure
   1. Engineering Lab & Production Facility for scalable and sustainable MRV / edge computation solutions.
2. Recruit
   1. A core team of domain experts to aid in responsible data collection process design and proto

[OrBlob]

Hi folks,

My name is Or (@realblob), I work in impact management and measurement. I lead a community of SDG stakeholders and professionals and I work with startups to help them align their KPIs with impact KPIs, indicators, and frameworks. Our proposal is to align impact metrics and values with monetary values and streamline their incorporation into transactions through an “Impact Oracle”.

I posted about Impact Oracle also on the Proof of Impact proposal thread, but I’m going to appeal to a different aspect of this topic in this proposal. Please check out our proposal on the other page as well if you’re interested.

About Impact Certificates
Impact certificates that currently exist (e.g., fair trade, rainforest alliance, etc.) are good tools for marketing. Meaning, that usually they’re used to promote how “ethical” or “fair” a product is. Most companies do whatever needs to be done, or pay whatever necessary price they must for certification, and show the certification to consumers as part of their branding and marketing.

This marketing approach works. But more often than not, it turns impact into a luxury. Because the providers of the good or service are paying for said certification, they charge higher premiums. This turns impact into a category that is inaccessible to most - or stated otherwise, being responsible means you have to be above middle class, with more disposable income. And being a responsible or impactful business means higher costs to your operations.

Impact for everyone
The difficulty with certificates (NFTs or others) is that we are at the whims of philanthropists or the middle class/upper-class market. Certification is rigid and is done post-fact while lacking due diligence much of the time. Too often metrics are static, unchanging, and cant evolve with the pace of change. This creates a race to the bottom of what is the minimum that has to be done to gain certification.

We want to create a system that incentivizes companies to do the maximum by aligning their maximization of profits with the maximization of impact. More impact = more profit – built-in and streamlined instead of added on to reporting and measurements.

Impact Oracle (IO) is a price oracle for impact that draws on market values and stakeholder consensus. Instead of creating a rigid top-down accounting for impact, we decentralize the process and allow the price of impact to reflect its actual value in monetary terms.

IO maintains a registry of the value of impact, as a flexible, ad-hoc, community-sourced metric. Constantly evolving, living, and changing with the needs and values of the ecosystem. Just as prices of commodities and assets change with market demands, so must impact. Using this pricing, IO compensates for positive impact and offsets negative impact.

By creating a price for every type of impact we create a new metric for businesses to measure against. By making this metric monetary, we create a new potential revenue stream and incentivize a race to the top: More impact = more profit.

This creates transparency, impact, alignment, and transformation of the economic incentives in our economy like never before. IO creates a system in which verification of impact is an all-in-one process. Any organization, DAO or otherwise, can streamline their impact accounting, getting compensation for positive impact and offsetting their negative.

Certification through transparency
Instead of creating a system of certification that happens retroactively, companies that connect to IO and transact through it create a live picture of their impact. By fully accounting for a product’s impact, certification becomes a by-product of impact price transparency. If a product is regenerative, it will be more affordable, if a product is less sustainable, it will be offset through its pricing.

We envision a world in which certification is unnecessary because it is “backend”. Just as we don’t think twice about our foods if they contain dangerous materials, we shouldn’t think twice about the impact of products. Impact accounting and certification should be as invisible to us as risk assessment is when we buy a product. It’s already incorporated into the price of our goods and services.

What we’re looking for:
We are currently building the tokenomics and governance system and building partnerships with relevant stakeholders to supply capital and professional resources. This should be a cross-chain endeavor and we would like for it to be built for Ethereum as well as other blockchains.

A full version of the lite paper is available and we’d be happy to share it upon request.

Any of the following would be of massive help:

• 35K USDC for an MVP of the Oracle
• Professional and tech support from the ICC community
• Community-building support for the IO DAO through Gitcoin and others

(This proposal is similar to a proposal in the the “Proof of Impact” thread - if one is accepted, we will rescind the other)

[hrobertcolvin]

Enjoyed reading this - love the idea of an impact oracle!

[cyrusclarke]

Hey everyone, hey @owocki, I’m sharing an idea that I DM’d you about to leverage synthetic biology and web3 to help enable the idea of Impact Certificates. It aims to help solve the problem of making the certificates interesting/attractive in order to create a market for them, thus creating a virtuous cycle.

About us:

We are Grow Your Own Cloud (@_GYOC on Twitter) and we’ve been researching and developing DNA data storage in plants since 2018. We’ve won several international awards including from the UN and EU Starts Prize, presented our work at places like SXSW, Future of Everything, and Ars Electronica, and worked with companies including LVMH and Ginkgo Bioworks.

Our mission is to transform data centres from carbon creators to carbon absorbers. We envision a future where conventional data farms are linked to data forests that could help regenerate the planet and store data efficiently for centuries.

I’ve been keen to bring our work into the Blockchain/Web3 space as I have been a passionate advocate for the past 7 years. I invented a game called What The Block through which I’ve onboarded >1000 people to Blockchain through a game-based learning approach.

Now I think we’ve found the right reason and medium to bring our work as GYOC into this space. We’re working on a project that links Web3 and Synthetic Biology to create what we call Web🌳. The Project is called Non-Fungible Plants (NFPs).

NFPs:

NFPs are literally plants-based NFTs. We store data in Plants via DNA data storage and genetic engineering processes that you may be familiar with such as CRISPR. This is something that works, we have done and we are about to launch this as a green, carbon absorbing complement to conventional NFTs.

We have support from the biotech world - Ginkgo Bioworks, University of Washington and MIT. . and we are now immersed in the world of Web3 through Seed Club.

The Idea:

When an Impact certificate reaches maturity e.g. 40k Tons Carbon Removed from Atmosphere Impact Certificate; Signed by Gitcoin Governance, an impact certificate NFT is created. GYOC would also create an NFP - which is essentially a carbon absorbing and biodegradable NFT, as it is a plant.

The NFT/NFP would go to auction to create a liquid market for the certificate. We are currently developing an immersive online platform called NFP.Garden, which we could use to offer a beautiful garden experience to celebrate the Impact Certificate going on sale.

The auction winner(s) would receive ownership of the NFT and the NFP. The funds from the sale would go back into reinvestment on green activities and enhance R&D on green projects. We know that people in general love what we are doing with GYOC, and we think that an NFP sitting on a philanthropist’s desk is the perfect ‘Green Trophy’ for doing good.

Regarding governance, we would love to work with Gitcoin and other established players to think through the exact mechanics. One mechanism that seems plausible would be a gated community of token (NFT) holders, where a random subset of holders are delegated to verify each particular claim (Condorcet Jury system)

Making this a Reality:

As mentioned this tech already works, we have the team in place and partners who would love to work on this.

What remains to be done is building a link between the on-chain impact certificates and a physical plant-based twin that could serve as the ornamental green trophy.

Based on previous work, I would estimate something between $70k - $100k should be sufficient to get going with a first proof-of-concept.

We would love inputs/advisory/contributions from people within the Gitcoin community, ReFi and public goods sphere to help work on this. For example on appropriate governance systems, and technology decisions. We want to build this collectively.

I’ve kept this relatively high level idea for brevity. I’m happy to go into further details especially on the science. Our project is highly generative so hopefully it sparks other creative ideas for positive change. In general I’d love to discuss this further and see how our tech might empower the idea of impact certificates and make them the ultimate Green Flex.

[nate]

Who we are

SproutUp is the donation platform for web3 social entrepreneurs. Organizations and individuals will use SproutUp to mint good deeds into NFTs (impact certificates). Each donation pays for one NFT.

How it works

Initially, we have one type of impact certificate (IC). We call them Verified Unique Donations. Organizations create a unique video of each project outcome. E.g. they save a puppy and take a video. They mint each video into an ERC-721 NFT. On their donation page, they set an exact donation amount and specify the project outcome. E.g. $150 saves one puppy. Each donor receives one unique NFT (an IC) of the puppy they donated to rescue.

There will be a different IC mechanism for projects with similar outcomes (e.g. planting trees).

Certificate neutrality

The market determines IC legitimacy. If donors want to donate X dollars for Y outcome, they will do so. If they have concerns about NFT uniqueness or quality, they won’t donate. There are no third-party validators that sign ICs into existence. Donors are the validators and they vote with their money.

The organization selling ICs should have its reputation at stake. Not a third-party validator or governance network. External validation diffuses accountability and increases complexity. Validator incentives are often untransparent. And validators can get things wrong.

Projects may of course show various forms of third party certification (e.g. testimonials) on their donation pages. But these are simply pieces of evidence. Not sign offs that bring an IC into existence.

Liquid market

IC buy pressure already exists: donors. Every donor now receives an NFT. NFTs can be resold, shown off, and unlock benefits in other dApps.

If an NFT turns out to be fake or low quality, its resale value and any external benefits should evaporate. Again, the market determines NFT quality, not a governance board or token network.

NFT uniqueness

Verifying uniqueness is key. Organizations will try to double sell the same outcome. Imitators will plagiarize NFTs. At launch, the complete project outcome history (all NFTs) will be visible to donors. There will be a reporting system to catch duplicates. And a review system where donors comment on NFT / project outcome quality. We will add more systems to verify uniqueness as needed.

Gitcoin integration

Select SproutUp projects can be included in Gitcoin. This would be a pipeline of projects with proven outcomes (NFTs) and known impact per dollar. This is perfect for your EA focus.

Team

I am the team and the product speaks for itself. The initial build is 90% ready. Happy to demo.

Request

I’m requesting $10,000 to continue building and bring SproutUp to market. I have been building and iterating for two years with zero funding.

Bonus

Every SproutUp project has a sustainable business model from day one: create impact NFTs and sell for profit. No more fundraising. SproutUp web3 charities are not nonprofits. They use profit for good and can grow with investor capital.

[TiarnachEsq]

Impact certificates are central to BÚAN. We understand that effective communication is key to maximising value to society and perpetuating a strong underlying demand for expansion.

The effective communication of quantitive information is a technical design challenge. The technical part is integral to legitimacy and the design aspect critical to making it valuable.

We are first of all consulting ecologists and other experts to ensure that we are focused on the right metrics. We have also been dissecting all of the EU taxonomy guidelines for sustainable activities so our certificates can be moulded to fit within official environmental social governance frameworks.

As for governance, an effective accountable approach which includes bringing experts such as ecologists, foresters and existing organisations into the fold has been very helpful in informing our approach so far. There is also a sense of perpetuating some much greater good by demonstrating to legacy organisations how they can avail of blockchain.

We are doing systems level thinking to ensure that our framework does not preclude us from including a whole range of valuable habitats in the future. We are starting with forestry as this is a well supported sector in Ireland and gives us a clearly quantifiable results. Afforestation of a greenfield site will lay the foundation for developing a holistic approach that will eventually include hedgerows, raised bogs and riparian vegetation in catchment areas.

Pluralistic civilisation scale infrastructure has to be spoken in the language of economics. Ethereum is the greatest platform ever developed for creating new economic vehicles that work for humanity. Already we have found a strong demand for what we are creating from businesses. In order to perpetuate that demand and build a sustainable business

Central to our approach is the integrity of The BÚANeconomy that binds issuance and the minting of certificates to the underlying natural capital. Issuance is bound directly to the growth in biomass and diversity - a growth over time based bonding curve that rewards the holders of certificates. To ensure strong demand we are actively going to sell the certificates to businesses. The tokenomics underscore the scarcity of the underlying assets themselves so minting a certificate means locking tokens up and new ones are only issued in correspondence as more assets are added and they grow.

We have found demand for what we are creating from businesses. There is an innate understanding of what we are doing and the benefits. Right now we are looking for funding to continue building with designers that can code what we have gathered from our work with universities and others.