The smart contracts underlying the impact certificate marketplace prohibit and make technically impossible the extension of favors to individual donors, so unlike Impact 1.0 and 2.0 the highest pledging donor cannot obtain special considerations or better terms.
Source quote, verbatim
The smart WEB3 contracts that power the operations of the impact certificate marketplace prohibit and make impossible the extension of favors to individual donors.
Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567
Holds when
tamper proof smart contract fully transparent on the blockchain
Classification
mechanismsupport: arguedsmart-contractsdisclosure
Related claims
specializeskaal:claim:3373393-026 Agency relationships embedded in smart contracts run exactly as coded, without any possibility of opportunisti...
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