Episode 101 - hypercerts - tracking and rewarding positive impact with blockchain

In episode 101, we’re excited to welcome Carl Cevone from hypercerts, a new protocol for funding and rewarding impact. We discuss how they’re using the power of blockchain to help build sustainable models for public goods financing, why blockchain is such a valuable tool for impact monitoring and evaluation, how Web3 will disrupt the impact ecosystem, and much more.


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--Three Key Takeaways--

• By ensuring that the impact of a project is accurately recorded, it can help restore public trust and confidence in public good and impact funding, hopefully leading to a flywheel effect of more funding coming in, more projects being launched, and greater overall impact.
• By accurately capturing and storing impact data in an open and permissionless way, it allows for the studying of past trends related to public goods funding, which can help ensure the funding is having its desired impact, and to learn from projects that didn’t have the desired outcome.  
• There has been a lot of negativity lately around crypto due to the negative actions of bad actors, which has impacted the reputation of Web3. To overcome this, we need to onboard new folks to the space who have a passion for social impact, and not lose focus on the potential of this technology to regenerate the world and be a force for good. 

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.

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