Impact Certificate or Certificate of Impact (CoI) is a deceleration of impact issued to members who contributed to the public good through MPM. It is designed to empower open collaboration by funding responsible research and sustainable innovation. A central matching pool uses the QF mechanism with PoC properties: PoW, PoI, and PoA to enable an end-to-end grant-making process.
Members interested in buying CoI can post proposals to showcase available support for high-impact projects focusing on public goods, stewardship and philanthropy. Members who deliver results via Bounties, Quests, and Builds can stack their results and issue CoIs. Companies and large organizations can accept CoIs partially or fully in the Commerce Area.
The willingness to pay for CoI is subjective and consensus-based on PoC, depending on the values and views of funders and builders. Members can maximize the value of CoI by acquiring others’ certificates or stacking credits in matching pools for risk management and innovation portfolios.
Impact Certificates issued on the GCRI platforms can be transferred without double-spending and bookkeeping issues using public-private ledger capabilities integrated into CRS for cloud and blockchain-based environments.