Capitalism’s Missing Piece
The World’s 1st On-Chain Achievement Marketplace
A social safety net DAO1, built for & owned by all
Our Partners:
The Poverty Stoplight2 Method’s 6 Dimensions of Human Flourishing
01
Housing
We must have a place to call our own.
02
Education
We need the ability to grow and reach our potential.
03
Income
We must contribute to the productivity of the global economy and be rewarded for doing so.
04
Motivation/Agency
We must have healthy interiority allowing us to push forward and achieve because we see the tasks required and know better outcomes are possible with effort.
05
Health
We must maintain our minds and our bodies by treating them like the temples of our souls that they are.
06
Community
We must work together to achieve goals we cannot accomplish alone. Our fates are intrinsically linked and we must always work towards finding common ground.
Entitlements represented the largest fiscal expense of the United States in FY20223
How is it that the most economically successful country in human history cannot credibly assure the future well-being of those who made it so? What if we could supplement the existing system with one that is self-sustaining & owned by the world?
“Let the tree that grows from the roots of sacrifice lift us where suffering cannot reach.” – Elder Gamal, Star Trek: Strange New Worlds
Since the mid-1970s, the vast majority of the returns of US production have accrued to capital (owners). Labor has seen negative real growth in its share of the economy’s proceeds for over 40 years as private sector union membership plummeted from over 30% in the 1950’s to less than 7% today4. We think in an AI and blockchain enabled future that this trend will reverse as production returns home to America and pandemic losses continue to cause workers to re-evaluate how they spend their lives. Our Income Share Agreement product captures the growth in incomes over time for participating builders and can represent an uncorrelated royalty type product in an institutional investment portfolio.
★ ★ ★ ★ ★
“My experience using GRIT was fantastic. The user interface is seamless and once my goals are posted, the system sends me text alerts when I have been funded. I had no idea blockchain was involved, but I’m happy it is. I hear it’s a growing sector.”
Xander Makeshift
/
Builder
Frequently Asked Questions
What exactly is GRIT?
GRIT is a decentralized autonomous organization (DAO) created to eliminate global poverty but founded right here in the USA.
Can I use your achievement marketplace to get funded today & make my life better?
Not yet! An “achievement marketplace” is a place online where investors and sellers of goals exchange value. We’re working hard to get ready for you and for the world. Please join our waitlist for further updates on our progress and future launch plans.
What is a DAO?
A Decentralized Autonomous Organization (DAO), is formed by a group of people who decide to abide by certain rules to meet common goals. What makes DAOs different from other systems is that these rules are written into codes of the organization. A DAO has no central authority. Members of a DAO own tokens of the DAO, and members vote on initiatives for the entity. Smart contracts are implemented for the DAO, and the code governing the DAO’s operations is publicly disclosed. A DAO enables investors to send money globally and often anonymously.
- Wikipedia: Decentralized Autonomous Organization. ↩︎
- The Poverty Stoplight Methodology created by Fundacion Paraguaya. ↩︎
- “Expenditures in the United States federal budget” for fiscal year 2022. Data from Wikipedia, originally sourced from the US Congressional Budget Office. ↩︎
- “Union membership grew last year, but only 10% of U.S. workers belong to a union” NPR: All Things Considered. ↩︎