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Better Collective Intelligence to Better Collective Resource Allocation with Griff Green | Green Pill #65

GreenPill

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Dominance Assurance Contracts

Assurance contracts are just basically a way of saying I want to fund this project but I only want to fund it if other people want to. A dominance assurance contract creates another category of funder that is the dominant funder of that. So there's two layers to this assurance contract like Kickstarter. If within X weeks, why project is funded as Z threshold, then the money the project gets funded and everyone gets their money back.

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