My gut tells me that there is a connection between how we capitalize projects and the creativity we can exhibit in impacting results.
I’ve been mulling over how this works, or could work, with crypto as the mechanism for both the raise and the management of causes for social change.
It’s clear that the platforms for raising and allocating capital today, and sharing results for most social good projects are inefficient at best.
People, small and large donors alike, want to embrace their ownership in the results. They want to believe they are individually making a difference. Have complete transparency on how governance occurs and be informed, how what they contributed impacted change.
And as important, to have this participation be inclusionary to a community that supports and builds on itself.
The platforms for this don’t really exist today.
I’ve been thinking through whether the blockchain offers an answer and whether the idea of non-profits and charities is at a sharp turn of an evolutionary change.
Is there really a way to fractionalize and economize our intent individually and have impact on an aggregate level?
Concerns about the state of the oceans or the environment in general, the treatment of animals in kill shelters, the homeless epidemic or even educational equality are certainly global concerns with huge constituents of emotional supporters.
Legal issues aside (and there are many). Classification of token issues aside (and they are more even), there is something inherently appealing and efficient about the intersection of crypto and any number of causes.
Most importantly, behaviorally, I know that this desire to participate in a new way is innate, natural and real. And pent up to bursting for a creative approach to platform it collectively.
Would I personally participate in buying futures through tokens that could fund changes through projects for things I believed in?
Hell yes, and so would many, everywhere.
Would I be incentivized even more so if the blockchain was utilized to communicate back to me information how my contribution was used in a tamper proof, real time way? Connecting the blockchain as both the platform for the raise and the network for transparency, communications and governance?
Big yes to all.
And is it possible to conceptualize a hybrid-governance approach, utilizing the blockchain for raising capital and communicating status, while centering decisions on traditional structures with a BOD? Potentially over time, discovering automated consensus processes to codify acceptance of projects funding?
Yup.
Even in preliminary talks with friends, there are token platforms out there today who plan to support cause capitalization, reinventing current thinking of how ICOs are done now, with layered raises that piggy back on top of other incentivized platforms for change.
I simply can’t get it out of my head. Both the real need for this and the very possibility of it.
Knowing that the greatest platforms for change on a social level have come from pent up behavioral wants. The mass market pining for a new structure. And by the state of the world and the social noise around this, it feels like time.
Maybe the blockchain holds a structure that this can be expressed on. I think very possibly so.
This post is an ask to my networks to share referrals to others thinking about it. Collective change requires communal input as I am getting more serious about this the more I dig into it.
And as a pre-announcement of sorts, that I’m involved in a really exciting adjacent fundraising project that is using many of these pieces that will be public very soon.
So please—subscribe to hear of what is coming–and as well–contact me thoughts.
This is an idea whose time should be now.
