Our work as part of Mutations begins with a research analysis of the potential to move funds from givers to receivers without the cost of middlemen such as charities.
Jun 16, 2021
We seek to exploit this moment in which people are exploring the use of their computer power to mine and generate capital in order to analyze modes of donation.
This proposal has three facts beginning with a research analysis of the potential to move funds from givers to receivers without the cost of middlemen such as charities. We ask: what international charities are moving money and how much does the CEO make? If we can by-pass the CEO salary and charity infrastructure, great, more money reaches directly to those who need it. We will create a comparative cost analysis of donation through crypto versus brick and mortar charities. We will utilize ongoing research such as Memo Akten’s “The Unreasonable Ecological Cost of #CryptoArt” to inform the cost of transactions on the blockchain. And we will identify not-for-profit charities for analysis (using GuidStar) as a contrapoint to using blockchain technology.
This research will inform the creation of a visualization that makes explicit the trade-offs of using blockchain versus traditional charitable channels.
© 2021 Akademie Schloss Solitude and the author