Proof of Impact NFTs
Last updated
Last updated
In order to address the challenges of ensuring data quality and providing a means for those underserved and unheard to be heard and included, we have partnered with trusted and reputable local NGOs and impact organizations.
Captures and showcases the reported and verified impact of organizations through purchasable Proof of Impact NFTs.
Revolutionize how citizens financially and morally support grassroots activists, NGOs, and impact associations.
Tokenized real-world assets (RWAs) are blockchain-based digital tokens that represent physical and traditional financial assets, such as cash, commodities, equities, bonds, credit, artwork, and intellectual property.
Blockchain technology is particularly well-suited to measuring impact because of its transformative architecture. With publicly accessible, transparent ledgers, users are freely able to access and verify the contents of the distributed ledger/database. A user may track and trace transactions from the source. Due to blockchain’s immutable and decentralized nature, this helps combat fraud via timestamped data points of entry. Thus avoiding the possibility of duplicating actions in time as every event will have a different time show up in its metadata, making it clear to see the chronology of events in a trusted manner.
Blockchain technology has the potential to revolutionize the way we approach sustainability and sustainable development. By providing a secure and transparent platform for tracking and verifying transactions, it can ensure that resources are used in an efficient and responsible manner. In a world with increasing disparities, blockchain technology can be a powerful vehicle to foster development in poorer countries by promoting use cases such as the “secure delivery of humanitarian aid, digital identity services, and proof of provenance” (Reinsber, 2018).
The two are aligned in many areas, blockchain technology can support the SDGs by creating new systems that are more inclusive, transparent, and efficient. For example, blockchain can be used to create decentralized digital identities, secure land registries, and trace the origin and journey of products, ensuring that they are responsibly produced and consumed. Blockchain can also be used to improve the transparency and efficiency of public services and to reduce the risk of fraud and corruption. By empowering individuals and communities, increasing transparency, and reducing fraud, blockchain can support Sustainable Development Goals in various ways.
This is Impact Web3’s mission and goal. From the use of decentralized ledger technology, we have the ability to enhance and create a new standard for tracking and tracing positive impact.
By tracking and tracing impact on a blockchain we can create immutable and tamperproof records of impact. Combining this with the tokenization of impact we can revolutionize the way impact is viewed as an asset. Tokenizing real world impact allows for Impact to have real world value and lead us towards a more sustainable and equitable world for all.
Combining Impact Measurement & Impact Investing Receipts
We are ingraining the positive impact of organizations into the digital assets so investors can verify and measure the impact of their investments.
