Devansh chronicles the web3 public goods funding world, undertaking leadership roles and documenting research moving the space forward. He is a reviewer for Thrive Protocol, council member at Gitcoin & Octant and treasury working group lead at Arbitrum DAO.

His project VoiceDeck is also a pioneer in the Hypercerts or impact certificates niche.

I am on a mission to resolve market failures and make capitalism work better and for more people

Capitalism works pretty well most of the time, except when there are market failures like externalities, information asymetry and principal agent problem.

I work on solving these 3 issues with capitalism.

1. I am building a solution around impact certificiates to solve the problem of externalities, where the value of something is higher or lower than the revenue it receives

Public goods = value creation - value capture

Public bads are where value capture > value created

Impact certificates can quantify the value created and subtract from value captured to determine the level of funding required for a project.

2. I write prolifically on twitter, to solve the market failure of information asymmetry. An example is grants where the most qualified and in need people sometimes dont apply because they aren't aware of the opportunity.

3. I participate in DAO governance as I think it is the best bet of solving principal agent problems, where the person appointed to represent someone instead acts in their own best interest