Status: live at https://manifund.org/causes/manifold-community!
Overview
Manifold is putting up $30k in prizes for community work done over the next 3 months. And you can invest $ or mana into the success of these projects, via impact certs!
How does an impact cert work?
- A founder posts a project proposal on Manifund, with the minimum funding they need to work on the project.
- Investors can read the project proposal, and offer the founder money in exchange for equity (a share of the prize payouts).
- If the project hits its minimum funding goal, it becomes active: investors receive equity, the founder receives cash, and the project is now underway
- If a project does not reach the minimum funding goal, but the founder ships the project anyway, they will still be eligible for prize payouts.
- Throughout the next three months, the project founder posts updates on their progress, allowing investors and the Manifold team to evaluate their work and trade accordingly.
- Once per month, around the payout dates ****(Dec 15, Jan 15, & Feb 15), the Manifold team will evaluate all projects and award prizes.
For more background on impact certs, see Manifund’s explainer and the last ACX round.
Goals
- Reward sustained contributions by community folks
- Encourage new, high-quality projects to legitimize PMs
- Discover grassroots ways to promote and grow Manifold
- Find people we may want to hire in the future
- Test out impact certs & set up a robust cert ecosystem
Prize payouts
- The Manifold team will be deciding the prize amounts based on perceived value to the Manifold company
- Exact methodology TBD; probably using the Manifund retro eval algorithm we’ve developed, which weighs inside-view estimate & confidence
- But could be quadratic vote or median of evals (like in ACX Minigrants)
- Ideas are cheap, execution is everything!
- We’ll award prizes based on the quality of the output, not on how good the idea was.
- Each payout aims to assess impact realized between each checkpoint
- For example: if someone starts a great podcast on Jan 1 2024, they might earn $1k for 2 episodes before Jan 15, and then $2k for 4 new episodes before Feb 15.
- Existing projects are eligible — you can create impact certs for these and offer to sell them!