📄
Abundance Protocol Documentation
WebsiteDocsWhitepaperBook
  • Protocol
    • Introduction
    • Key Concepts
      • The function of money
      • The problem of public goods
      • Regenerative economics
    • Protocol
      • Step 1: Project Post
      • Step 2: Impact Estimate Post
      • Step 3: Waiting Lists
      • Step 4: Validators Selection
        • Validation Tiers
      • Step 5: Periodic Validation
      • Step 6: Coin Issuance
    • Mechanisms
      • Incentive alignment for accuracy
      • Modular Protocol
      • Bad actors
      • Expertise Categories
      • Investing in Public Goods
    • Benefits
      • Incentivizing Innovation & Collaboration
      • Decentralized Economy
        • Decentralized science
        • Decentralized media
      • Building Capacity
      • Currency Sell Pressure
      • Regional & Community Currencies
    • Theoretical Framework
      • The value of public goods
      • Value-preserving coin inflation
      • Game-theoretic equilibrium
    • Conclusion
    • Whitepaper
  • Articles
    • Introducing Abundance Protocol
    • How to Prevent an AI Dystopia?
    • Abundance Roadmap: Everywhere All at Once
    • Is Crypto the Ultimate Universal Coordination Mechanism?
    • How Crypto Can Fix Social Media
    • How the Ratings & Attention Economy Corrupts Everything
    • How Crypto Can Transform the Economy and Government
    • WTF is the DePub (and Why You should Care)
  • 🔗Links
    • Abundance Homepage
    • Abundance Graphic Board
    • 🗺️Abundance Roadmap
    • 📹Abundance on YouTube
    • 🐦Abundance on Twitter
    • 📗Abundance Book
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  1. Protocol
  2. Benefits

Decentralized Economy

Impact maximization = Profit maximization:

A major benefit that stems from the protocol’s design is the creation of a decentralized public sector where individuals can work (permissionlessly) for the benefit of the public and be compensated based on the impact they make.

Since contributors do not need to rely on any central authority (or organization) for their compensation, they are essentially free to work on any project, at any time, and based on their interests — a truly decentralized economy! Contributors’ only consideration for maximizing their profit needs to be: “how do I maximize my impact?”

PreviousIncentivizing Innovation & CollaborationNextDecentralized science

Last updated 1 year ago