Scott Alexander introduces an impact market for unfunded ACX Grants proposals, allowing investors to crowdfund projects with potential returns in Manifund dollars.
Longer summary
Scott Alexander discusses the implementation of an impact market for ACX Grants proposals that were not initially funded. This market allows investors to crowdfund projects, with the potential to profit if the projects succeed. The post outlines the current state of the market, including challenges faced, and provides examples of available projects. It also explains the technical details of how the impact market works, potential risks and benefits for investors, and provides links for participation.
Shorter summary