TODO: Merge with Manifund Vision
Idea: Let people buy/sell/trade shares of a project for Manifold Dollars
Aka Retroactive Public Goods Funding
Aka Certificates of Impact
Aka S-process
Setup
Standup At any time: Create or trade on projects
- Anyone can create a new “project”; their statement of claim for a public good; they are issued e.g. 10k shares
- Anyone can buy or sell their project shares on an open market
Every month: Oracle (philanthrobot?) pays out
- Manifold sets aside e.g. M$ 1M
- Each user can send their M$ towards which projects deserve funding this month
- Money is matched via quadratic funding
- Holders of the selected projects receive payouts proportional to their shares
- Or: Selected projects gain a price floor
Questions
- Conflict of interest between project shareholder and oracle voting?
- Maybe you can’t vote for a project that you’re a member of
- Maybe oracle voting is restricted to high-reputation members
- Will there be too many projects to judge effectively?
- Does the original creator get a royalty ala NFTs?