Impact Score Calculation

How is Impact Score Calculated?

Data Sources

The Impact Score is shaped by two primary data sources: resource contributions and impact results, the latter being strengthened through incorporating Impact-Weighted Accounts.

Resource contributions encompass time and financial investments. Time valuation considers work nature, experience level, and geography, with special acknowledgment for pro bono work. Financial contributions include donations and responsible investments, processed through Socious' app with blockchain storage.

Impact measurement uses Impact-Weighted Accounts methodology to quantify tangible results including education access, healthcare services, and CO2 reduction.

How Can an Individual Earn Impact Points?

Time Contribution

  • Secure impactful jobs through Socious (including volunteering)
  • Obtain work certificates from external contributions as verifiable credentials
  • Participate in dispute resolution, content moderation, organization verification
  • Refer friends or organizations to Socious

Monetary Contribution

  • Donation
  • Impact Lending
  • Impact Investing
  • Ethical/Sustainable Consumption

Calculation

Activities convert to Impact Points/Dollars via an algorithm with multipliers reflecting real-world impact. User conduct adjustments and ecosystem balancing apply.

Final scores scale from 300 to 850, with higher values indicating greater impact. Scores are displayed on-platform and to third parties including ethical vendors and lenders.

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