Summary. We have collected expressions of interest for a total donation budget of about $200,000 from donors who are interested in using our platform. How many of them will end up donating and how much they’ll donate depends on you and how many great projects you bring onto the platform. But Greg Colbourn has firmly committed another $50,000 for AGI moratorium projects for a total of $250,000!
Over the past months we’ve asked many donors whether they would consider using the Impact Markets platform to find giving opportunities and what their 2023 donation budget is. We’re now at an aggregate budget of $200,000 and counting. Of course these donors are free to decide that they prefer another project over the ones that have registered on our platform, so that these $200,000 are far from committed.
But Greg Colbourn has firmly committed another $50,000 for projects related to an AGI moratorium! He is already in touch with some early-stage efforts, but we definitely need more people to join the cause.
You think Charity X is the most impactful one but it’s still underfunded? Convince them to register on app.impactmarkets.io. Then register your donations to them. (They have to confirm that your claim is accurate.) Speed the process by repeating it with a few high-impact projects. When the projects reach some milestones, they can submit them for review. The better the review, the higher your donor score.
A score > 200 still puts you firmly among the top 10 donors on our platform. That can change as more project scouts register their high-impact donations.
At the moment, we’re still allowing donors to import all their past donations. (Please contact us if you would like to import a lot.) We will eventually limit this to the past month.
If you’re running or planning to run some impactful project, you can register it on app.impactmarkets.io and pitch it to our top donors. If they think it’s great, their donation (an endorsement in itself) can pull in many more donations from the people who trust them.
We’re continually onboarding more people with great donation track records, so both the people on the leaderboard and the ranking algorithm are in constant flux. Please check for updates at least in monthly intervals.
For now, you can add yours to the expressions of interest we’re collecting. That’ll increase the incentive for awesome projects to join our platform and for awesome donors to vie for the top donor status.
Once there are top donors that you trust (say, because they share your values), the top donors’ donations will guide you to high-impact projects. Such projects may be outside the purview of charity evaluators like GiveWell or ACE, or they might be too young to have earned top charity status yet. Hence why our impact market doubles as a crowdsourced charity evaluator.
If you have any questions:
Acknowledgements. Thanks to Frankie, Dony, Matt, and Greg for feedback, and thanks to Greg and everyone who has filled in the expression of interest form for their pledges!