At Funding the Commons weāve been working on strategies to measure, evaluate, and report impact to our stakeholders across our previous residencies. We know first-hand how difficult it can be to both capture the right data and evaluate it in a consistent way.
Thatās why we see Hypercerts as a promising foundation: they provide a way to standardize claims about impact, align multiple funders and evaluators around shared metrics, and build transparency into reporting. In our residencies weāve experimented with combining qualitative data (builder stories, collaborations sparked, downstream projects) with more quantifiable outcomes (bounties completed, follow-on funding raised), and weāre actively exploring how Hypercerts can anchor these contributions into a common standard.
Weād love to compare notes with others tackling outcome-based funding. Thereās an opportunity here to co-develop shared reporting frameworks that can work across pop-ups, hackathons, residencies, and other short-cycle funding mechanisms.
Funding the Commons would be happy to support and facilitate the development and test-running of such a system through our upcoming residency near Buenos Aires this October. We see it as a great opportunity to ground these ideas in practice and generate learnings that the broader ecosystem can build upon.