Honestly, the technical infrastructure for Certificates of Impact would be very similar to that for Impact Prizes as I discuss them above. I think both would be really interesting to test at larger scales.
Impact Prizes may need less hype though, but may be more difficult to scale.
Hmm, I think they need about the same amount of hype. I do think Impact Prizes aren’t any harder to scale – Certificates of Impact already depend on something like Impact Prizes eventually existing.
Actually, I think of Impact Prizes as “a precise formulation of how one might scale the hype and money necessary for Certificates to work.”
That makes sense to me. When I said “harder to scale”, I mean harder to “put a bunch on top of each other”. In some ways it’s not as elegant.
Agreed that Impact Prizes are one ways that Certificates of Impact could work long-term. Like, one group places $100k of Impact Prizes for 2030, where it will only be used to purchase Certificates of Impact.
I’d generally agree with that.
Honestly, the technical infrastructure for Certificates of Impact would be very similar to that for Impact Prizes as I discuss them above. I think both would be really interesting to test at larger scales.
Impact Prizes may need less hype though, but may be more difficult to scale.
Hmm, I think they need about the same amount of hype. I do think Impact Prizes aren’t any harder to scale – Certificates of Impact already depend on something like Impact Prizes eventually existing.
Actually, I think of Impact Prizes as “a precise formulation of how one might scale the hype and money necessary for Certificates to work.”
That makes sense to me. When I said “harder to scale”, I mean harder to “put a bunch on top of each other”. In some ways it’s not as elegant.
Agreed that Impact Prizes are one ways that Certificates of Impact could work long-term. Like, one group places $100k of Impact Prizes for 2030, where it will only be used to purchase Certificates of Impact.