Summary: by offering discounts to people who contributed to some charity, businesses facing conditions of less than perfect competition (meaning: basically everyone) have the ability to "donate" to that charity at high leverage.
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That is, the business might sacrifice $100 of profit, but drive $1000 extra worth of donations to a charity they prefer. A blockchain-based payment and donation system where economic activity is provable can make this much easier to implement at scale
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Interesting! We could actually try this out with
@Cura_DAO next year where we would use the Reputation (non-transferable) earned by contributing to social-impact projects to determine discount! We'll be at@EthereumDenver, maybe we can hack an MVP there?
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This coupled with Harberger stickers (eg
@wildcards_world) seems like a nice combo.
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Definitely! Hope to have those tools in the
@commonsstack library soon, want to spec one out Simon?
A discount token model explored by @mZargham here: https://sweetbridge.com/assets/docs/Sweetbridge-Whitepaper-20180529.pdf … Composition of mechanisms in complex systems often have nonlinear effects.@cadcad_org sims needed!
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#EIP: extend this thinking out from Vitalik's microscale shop keeper level to global welfare growth services (like climate emigration) -focus on impacts for the ethereum ecosystem if ETH economic services impact funding starts focusing to value devolution area@glenweyl#gitcoinpic.twitter.com/NqrfG2dk44
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Soon we will be able to incentivize the most rapid production of global open data the world has ever seen and pay people to map, which has potential to become a precursor to a form of UBI
@littercoinHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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I am going to say something really smart to you someday, maybe. Love your stuff, keep being you.
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Since this mechanism relies on acquiring social status for it to broaden participation from do-gooders to profit-seekers, shouldn't the discounts be "discounts" on social status instead?
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That is, instead of stickers lowering prices at merchants, stickers could be credits towards dues in the club that maintains my social status for contributing to a given charitable cause.
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