One possibility is to assign social kudos for having made significant donations to impactful charities. This could be done implicitly, or explicitly by charities issuing equity in the good they achieve (similar to certificates of impact, but assigned before-the-fact rather than after).
This would encourage a culture of donating to what appear to be the best opportunities early, lest they disappear.
Certificates can be assigned whenever. Just like you can purchase an object that has already been made, or you can pay someone to make it for you. The impact purchase is buying things that have already been made, mostly because that is more novel and potentially neglected.
There is also a distinction between purchasing equity and purchasing outputs. For example, an entrepreneur might give GWWC seed capital in exchange for 10% of all of their future profits (which might be unsold certificates). A donor might instead pay GWWC for 1% of GWWC’s outputs over the last year, or for 1% of GWWC’s outputs over the next year, or for some particular output that the donor particularly likes.
One possibility is to assign social kudos for having made significant donations to impactful charities. This could be done implicitly, or explicitly by charities issuing equity in the good they achieve (similar to certificates of impact, but assigned before-the-fact rather than after).
This would encourage a culture of donating to what appear to be the best opportunities early, lest they disappear.
Certificates can be assigned whenever. Just like you can purchase an object that has already been made, or you can pay someone to make it for you. The impact purchase is buying things that have already been made, mostly because that is more novel and potentially neglected.
There is also a distinction between purchasing equity and purchasing outputs. For example, an entrepreneur might give GWWC seed capital in exchange for 10% of all of their future profits (which might be unsold certificates). A donor might instead pay GWWC for 1% of GWWC’s outputs over the last year, or for 1% of GWWC’s outputs over the next year, or for some particular output that the donor particularly likes.