📃
Abundance Protocol Whitepaper
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  • 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 (PDF)
  • 🔗Links
    • Abundance Homepage
    • Abundance Graphic Board
    • 🗺️Abundance Roadmap
    • 📹Abundance on YouTube
    • 🐦Abundance on Twitter
    • 📗Abundance Book
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  1. Protocol

Mechanisms

Our general approach was to design the protocol in such a way that people’s incentives align as much as possible with our stated goal of solving

the problem of public goods (through credible estimation of the economic impact of public goods and proper compensation of contributors). Whenever participants’ incentives are expected to inevitably clash, we put mechanisms in place that reduce or eliminate the effects of incentive misalignment.

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