A fascinating idea: "retroactive public goods funding." Rather than focusing on advance fund-raising for public goods (a la Kickstarter, quadratic funding), make a mechanism which rewards projects which create a lot of value, e.g. thru a "results oracle."
Conversation
Replying to
Shallowly read, this is "just prizes." But if you know in advance that there is some results oracle which may plausibly reward you, you could, say, create secondary markets around the future value of that reward, then raise capital by selling some of those shares.
6
36
If the public good itself generates use fees (e.g. protocol taxes), those can be directed back into the oracle's prize pool.
2
18
No, because the reward function determining price is assessment of public good, rather than P/E or whatever.
1
5
Show replies
= Patent rights?
1
Show replies
Replying to
I may be missing the point but where does the money come from and who is actually choosing who gets it?
Unlocks fifth sector
GIF
read image description
ALT
1