kaal:claim:4685567-019

Firm commitment underwriting of impact certificate listings gives the project team and the investing community an assurance that the entire listing, including all certificate fractions, will be purchased provided the corresponding impact milestone deliverables are upvoted by the WEB3 expert community.

Source quote, verbatim

the project team and the investing community obtain assurances that the entire impact certificate listing will be purchased, including all fractions of impact certificates, if the respective impact milestone deliverables are upvoted by the respective WEB3 expert community.

From

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024), Impact 3.0, p. 33
https://ssrn.com/abstract=4685567 · source PDF

Cite as

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567

Holds when

an underwriting donor community exists
milestone deliverables are upvoted

Classification

designsupport: argueddefieconomics

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