Hypercerts are digital certificates that represent and fund real-world impact.
Hypercerts are semi-fungible tokens that document the impact of a project, including who did the work, what was done, and when. These tokens can be evaluated by third parties and sold to funders, allowing contributors to receive funding based on the actual impact of their work.
Hypercerts provide a transparent and flexible way to fund public goods. They enable retrospective funding, allowing projects to be rewarded after demonstrating real impact. This system encourages contributors to focus on meaningful outcomes and gives funders clear evidence of their support's effectiveness.
Hypercerts can now be minted on the Celo blockchain, expanding their accessibility and use cases.
A retroactive fund pilot was conducted, collecting 17 ETH and distributing it via hypercerts to contributors of ZuConnect.