The Hypercerts Foundation pioneers open-source protocols to transparently fund and reward positive impact. Hypercerts are the web3 standard for account for impactful work, tracking financial and non-financial contributions. As an extension of ERC 1155 semi-fungible tokens, hypercerts create a single, open, shared, and decentralized database for funding mechanisms. This database avoids the creation of new funding silos, as hypercerts can be integrated into any existing funding platform, thereby creating an interconnected funding ecosystem.
While hypercerts may be useful for any funding mechanism, they’re particularly valuable for retroactive funding as they provide baseline invariant guarantees that impact claims will not be forgotten. Projects create and sell impact, building financially sustainable and scalable revenue models. With hypercerts, we move beyond donations.
Hypercerts are the foundation for an open evaluation system for credible and transparent impact assessment. Every hypercert can receive multiple evaluations from different evaluators using a variety of methodologies. This creates incentives to innovate evaluation methodologies and builds trust.
Looking ahead, we aim to expand to more chains, enable evaluations with existing and new tools, enhance visualization with hyperboards, create marketplace tools, and collaborate for broader integration. With your support and a growing network, we are building a transparent interconnected funding ecosystem for positive impact.
Learn more and discuss Hypercerts on discuss.octant.app.