Learn more about Gitcoin
Abundance Protocol
67%
average score over 1 application evaluations
The Abundance Protocol uses a proof-of-impact mechanism to incentivize public goods provision and mitigate negative economic externalities, expanding on Bitcoin's peer-to-ecosystem exchange concept.

The Abundance Protocol aims to create an economy of abundance where economic self-interest, purpose, and the common good align. The protocol offers a comprehensive solution to the problem of public goods and addresses the issue of negative externalities in economics.

Bitcoin was the first protocol to allow a p2e (peer to ecosystem) exchange, where miners are issued coins in exchange for providing a public good that benefits everyone in the ecosystem – network security through currency inflation.

Bitcoin and ethereum miners/validators received over $1 trillion worth of cryptocurrency in exchange for providing the specific public good of network security. The abundance protocol's proof-of-impact consensus mechanism strives to generalize this p2e exchange mechanism to all public and common goods.

Find out more about the Proof-of-Impact Consensus Mechanism and what we're building at the protocol at https://abundance.id

The Abundance Protocol graphic board can be viewed here: https://miro.com/app/board/uXjVPUvJDaU=/?share_link_id=520545651721

Abundance Protocol Whitepaper: https://mirror.xyz/0xabundance.eth/OfWfXtmKgkpCM_GfRvKQz9Owl-bIXfwpXIny_jtNShE

Abundance Protocol History

Explore projects

A non-custodial prime brokerage platform offering leveraged trading on DEXs like Uniswap, mixing CEX-like tools with decentralized execution, currently operational on Arbitrum and Polygon networks.
We're building an account abstraction platform for Web3, providing seamless wallet creation, gas fee handling, and simplified transactions with enhanced security for a user-friendly experience. Seeking grants for self-service expansion.
AI tool improves visibility and decision-making for web3 public goods funding donors by enabling queries about projects, assessing impact, and providing equitable exposure for all grantees.
Launching second NFT collection to boost environmental efforts through a partnership with EcoThailand Foundation, focusing on education and composting initiatives. Follow our progress on GitHub.
Back to Projects