06-01, 10:30–10:55 (Europe/Prague), Flower Stage
Impact certificates create a feedback loop between producing impact and receiving funding.This talk describes a demo for funding investigative reporters who record outcomes from their stories onchain.
The broad idea behind Impact Certificates is that purchasing impact should be similar to how one buys a t-shirt. They overcome the issue of double selling of impact (create change once and then market to as many funders as possible) and giving donations based on brand rather than outcomes.
Incubated at Protocol Labs, Hypercerts are a web3 standard for impact certificates. This talk will go into a demo built by VoiceDeck in collaboration with the Ethereum Foundation to help traditional media newsrooms port their private database of impact as Hypercerts on Optimism.
Some of the topics we touch on;
- current problem in grant funding space around double selling of impact & reputation based donating
- integration with Hypercerts (web3 impact certs)
- quantification of impact via Benefit Cost Ratios
- North star: getting the Panama Papers onchain!
- Testnet demo with media outlets from India at app.voicedeck.org
Devansh is passionate about speaking truth to power and giving a voice to the voiceless. In 2023, he was selected as a Next Billion Fellow by the Ethereum Foundation to support his mission of outcome funding for journalists creating tangible impact with their stories. He is the founder of VoiceDeck, on the governing council at Gitcoin and Octant, and lead at the Treasury Working Group for Arbitrum DAO. Devansh completed a double masters in journalism and public policy from Columbia University in 2017.