James Farrell

Newly Verified Projects

Hyperstaker super charges early stage software projects by attaching early contributors to future any project success. Countless promising projects perish in the perilous gap between early technical innovation and productization, a chasm often referred to as the 'valley of death.' Typically, the hefty risk of failure falls on the shoulders of small teams of innovators who must self-fund or chase after grants just to gain initial traction. The inability for contributors and potential funders to ensure a vested interest in a project’s success often deters contributors and potential funders, who might otherwise jump at the opportunity to support such ventures. Hyperstaker is set to change the game, by programatically closing the loop and ensuring that early supporters are rewarded, while super charging public goods projects ability to bootstrap and create value. We see it as the crucial missing link in the public goods funding ecosystem, which will unleash the true power of hypercerts by acknowledging and rewarding the invaluable early contributions of supporters and contributors. Promising unfunded project’s ability to attract top talent to contribute without a way to attach the project’s success to the benefit of early contributors. Some prospective funders may be more likely to fund and support projects if they could secure some stage in any potential upside a project may enjoy. Hyperstaker addresses these problems by introducing a new model of risk distribution giving early contributors and prospective funders the ability to participate in a project’s success, while distributing the risk of early stage projects amongst more stake holders. Hyperstaker does this by enabling early supporters — both financial, and non-financial — to easily acquire hypercerts for their contributions. These hypercerts represent a share in the project's success and can be sold, or staked. By staking the hypercerts in the project’s smart contract, the owner is programatically guaranteed to paid out upon any retrospective funding payout. This utility of staking hypercerts will create demand for the hypercerts of quality projects, and bootstrap the impact economy.

Hyperstaker super charges early stage software projects by attaching early
contributors to future any project success.
Countless promising projects perish in the perilous gap between early technical
innovation and productization, a chasm often referred to as the 'valley of
death.' Typically, the ...