Minimum viable impact purchases

Abstract

Individuals who create projects they believe to be valuable but lack funding should seek postfunding, such that backers can assume some of the moral credit for a project’s value. This can take the form of certified impact purchases, where the benefactor obtains the option to negate the project’s effects in exchange for payment. Alternatively, the benefactor can buy the “funder’s share” of the moral credit, analogous to a patron receiving credit for sponsoring a project. This approach alleviates concerns about prefunding while still offering financial support to worthy projects. – AI-generated abstract.