Interesting analysis. The airdrop wouldn’t need to be based on the estimated value of karma points though. I was thinking of it more in terms of a mechanism for decentralising (grant making) power in the EA movement. $100 was chosen to make the sums allocated to people significant in a way that $10 probably wouldn’t be (e.g. if it was $10, most people wouldn’t really get enough to fund or start new projects, quit their job and do independent research, etc).
Nuño’s list probably means that there should be some attempt to apply adjustments to scores. But this does open a can of worms.
Are there any other promising proxies for EA impact that could be used for an airdrop?
Maybe instead of airdropping something that can be directly exchanged for cash (in which case many people would just buy a house with their $600K), we airdrop a resource that is somehow restricted such that it has to be a donation? A Forum-Karma-based airdrop seems like it would be an awesome way to kick off an impact certificates program—people could use their KarmaCoin to invest in impact certificates, with the promise that if you invest wisely, down the road the certificates for the most impactful projects might get bought by a mega-donor like OpenPhil, and that’s how you’d ultimately get a cash payout.
Sounds good! I wonder what loopholes could emerge though? Most cryptos end up with a market value even if they don’t intend to have one. I suppose KarmaCoin could be timelocked somehow. It makes it more difficult to trade, but people can still make IOU contracts.
Interesting analysis. The airdrop wouldn’t need to be based on the estimated value of karma points though. I was thinking of it more in terms of a mechanism for decentralising (grant making) power in the EA movement. $100 was chosen to make the sums allocated to people significant in a way that $10 probably wouldn’t be (e.g. if it was $10, most people wouldn’t really get enough to fund or start new projects, quit their job and do independent research, etc).
Nuño’s list probably means that there should be some attempt to apply adjustments to scores. But this does open a can of worms.
Are there any other promising proxies for EA impact that could be used for an airdrop?
Maybe instead of airdropping something that can be directly exchanged for cash (in which case many people would just buy a house with their $600K), we airdrop a resource that is somehow restricted such that it has to be a donation? A Forum-Karma-based airdrop seems like it would be an awesome way to kick off an impact certificates program—people could use their KarmaCoin to invest in impact certificates, with the promise that if you invest wisely, down the road the certificates for the most impactful projects might get bought by a mega-donor like OpenPhil, and that’s how you’d ultimately get a cash payout.
Sounds good! I wonder what loopholes could emerge though? Most cryptos end up with a market value even if they don’t intend to have one. I suppose KarmaCoin could be timelocked somehow. It makes it more difficult to trade, but people can still make IOU contracts.