{"type": "project", "title": "Abundance Protocol", "logoImg": "bafybeihnzmwepj6pjndhewmma7w5hjl27f5eyml6rws36gdy3udmar2y2m", "website": "https://abundance.id", "bannerImg": "bafybeigtkjohaauezocmfh3lu52vfsar2h3nwrq2nadctwz3r5dln4whma", "createdAt": 1680791136125, "userGithub": "buildingweb4", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..5rZoBcphEYKa1o6BmPwMhVpHZYGWZGSBEEFMWiwpgQqy9bgoVtSHgAW4560Xg61F_-eA0_cFLT4VZqjilPI8Cg", "type": "Ed25519Signature2018", "created": "2023-04-13T05:32:53.961Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-13T05:32:53.961Z", "expirationDate": "2023-07-12T05:32:53.961Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xc6FD734790E83820e311211B6d9A682BCa4ac97b", "hash": "v0.0.0:YhGOAWt4MUhSVtutX9MXoUobf0a+7cXFMzw0dZV8ico=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#BuildingWeb4"}}}, "description": "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.\n\nBitcoin 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 \u2013 network security through currency inflation.\n\nBitcoin 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.\n\nFind out more about the Proof-of-Impact Consensus Mechanism and what we're building at the protocol at https://abundance.id\n\nThe Abundance Protocol graphic board can be viewed here: https://miro.com/app/board/uXjVPUvJDaU=/?share_link_id=520545651721\n\nAbundance Protocol Whitepaper: https://mirror.xyz/0xabundance.eth/OfWfXtmKgkpCM_GfRvKQz9Owl-bIXfwpXIny_jtNShE", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "BuildingWeb4"}
Abundance Protocol
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