Step 5: Periodic Validation

While the Estimate validation determines the total expected impact of the project (once the economy is “saturated” with the public good), periodic validations are meant to assess realized impact of the project. These follow a similar progression as the Estimate Validation, but require a much smaller amount of expertise. Another major difference is that no coin issuance follows the Estimate Validation. However, once Periodic Validations are completed — followed by a Challenge Period — coins can be issued to the project’s contract based on the realized impact of the project.