Remmelt EEnable effective altruism community members to more efficiently cover basic needs (for which they're risk averse),freeing up resources that they can instead allocate to altruisticcauses (for which they're risk-neutral).
Develop ideas into scalable social systems (e.g. peer group insurance, loans or project funding) towards a cost-saving safety net for the international EA community. This is a collaboration with Antigravity Investments.
Antigravity Investments, an EA social enterprise focused on providing robust automated investing systems for EAs and the general public, would be interested in sponsoring the EA Community Safety Net. Antigravity Investments has an international entity which should be able to hold the pooled funds of the safety net for EAs around the world. Additionally, pooled funds could be invested with any one of Antigravity Investments' systems. If EAs believe the EA Community Safety Net has enough members to be sustainable and its members have agreed on a benefits plan and benefits distribution decision system, Antigravity Investments is ready to move forward with sponsoring the project.
Remmelt E (note it's also potentially combinable with option 2).
Option 2: CommonEasy
Actions you can help with for CommonEasy
Build up 'negotiating' position by connecting 200 international EA'ers on CommonEasy
These are of course subject to change with more info & analysis.
CommonEasy is a Dutch startup owned by a non-profit that aims to improve society by giving people access to cheaper personal insurance-like coverage. See this English description.
More peer-to-peer insurance startups exist around the world (which Remmelt hasn't researched yet) but the alignment between CommonEasy’s and EAs values makes them a great partner.
Insurance adds value by spreading financial risk across risk-averse humans.
However, traditional insurance can be expensive, especially for self-employed people.
80,000 Hours instead advices saving money in the bank but this is inefficient when it comes to covering rare but large unexpected personal losses.
CommonEasy cuts out costs by replacing an insurer’s fraud detection with peer control (further helped by value alignment in the EA community) and by seeking societal returns rather than financial returns.
If we show CommonEasy's co-founders that there are enough interested people (tentatively put at 200) within the international EA community, they are open to creating a customised coverage for the EA community for large unexpected losses such as medical costs and income loss.
Keep track of small projects and collective progress!
GitTip is an online social payment system where people agree to 'tip' others a specific amount every 2 weeks. It charges the typical credit card fee of around 3%. This is a convenient way of doing recurring donations. You can fund either people or projects via GitTip; for projects, we believe there's a method for distributing the money among those who have worked on the project.
Receivers / Receiving Projects
People requesting money are responsible for informing potential donors of how it will be used. Some things that are good to include are:
What have you done before? Why do you believe that you will be able to handle future work well?
What will you work on? How is progress going?
How much money do you need? You may be able to accomplish different things if different amounts of money are raised; if so, say so.
How do you plan to keep the community / donors informed with your progress?
Much of this information can go on your Gittip profile. For updates or extending writing, you may want to use a blog or social media.
Interested in donating? Please do! Feel free to directly contact other people to learn more, or encourage others who are not yet on gittip to join.
Note that there is no charge to give money received on Gittip. This means that if you get money from someone else, you can give it without incurring the 3% credit card fee on it. Therefore, you can delegate the task of choosing receivers to other people; you gittip to them, and they gittip to more specific choices.
If you're starting an effective altruist project - or simply have an idea for one - then it's a good idea to record it on .impact. This lets EAs share ideas, suggest collaborations and opportunities, and learn from one another. It's also the most transparent way to share information.