Social Impact Commodities

Bringing value to donations by tokenizing the impact from the efforts they help finance & balancing impact accounting

“A good deal of philanthropy arises in general from mere vanity and love of distinction gilded over to others and to themselves with some show of benevolent sentiment.” — Sir Walter Scott

Many people who donate to charity believe it’s important to help people in need. They feel that people should give to others because it’s the right thing to do. However, the psychological origins of wanting, or even needing “to feel what you’re doing is right” can be simplified as pride. This is not to bash on the vanity of philanthropy as much as it is to identify the motivations behind it. It’s completely natural (and thankfully so!) that people take pride when they know that they are helping someone else.

Why are Environmental Commodities the Only Ones?

Ideally, Donations Purchase Impact

Ideally, for every donation that someone makes, they purchase a specific social impact in return — tied to a specific outcome metric.

Emerging Impact “Donation for Impact Token” Extension Demo Example
  • Keeping track of the impact they’ve enabled, in the case that a donor simply wants to see their impact quantified in a person-specific report
  • Access to special events or promotional products that the facilitating nonprofit or social enterprise is offering for those that have helped them create the most impact
  • Earning capital from selling tokenized impact to larger enterprises that need to balance their sustainability budgets
Example “Care Sexual Reproductive Health” Token Benefits / Use Cases

Impact Token Markets & DeFi Swaps

Where things really get interesting are when we create Impact Token markets in which Impact Tokens can (1) be swapped for other cryptocurrencies, and/or (2) sold on a secondary market to entities looking to offset their negative impact balances. As NGOs get more comfortable with accepting cryptocurrencies (and resources like Emerging Impact-partner The Giving Block are an excellent on-ramp for doing so), they can sell program Impact Tokens for popularized cryptocurrencies that will most likely increase in value after the transaction. Such an increase provides the NGO with additional, operational funds that could bridge the gap during a time of need (e.g., during hurricane season) where more resources need to be deployed.

Program Fund Token Interface Example (Using NFT20 Interface)

CEO of Emerging Impact, Former Head of ConsenSys Social Impact, @Goldman Alum, @Cisco Alum, @TFA Alum, Activist, Intense Autodidact