Deadweight Loss as a Service, a fintech startup, has emerged from stealth mode after securing $8M in seed funding from Emergent Ventures and Thiel Capital. The platform aims to streamline charitable giving using AI and blockchain technology. It introduces two significant innovations: OmniMatch™, which matches funding up to fifty cents on the dollar, and Antidollars™, which either remove $1 of funding from a chosen organization or donate a dollar to its opposite. The platform also plans to launch Pro Mode™, a feature that increases liquidity and enhances market efficiency. The startup has already seen success in its closed beta with various organizations. Users can donate through the platform for free, and contributions are supplemented by OmniMatch™ subsidies, making donations up to 50% more valuable. The unique offering of Antidollars™ allows individuals to express disagreement with an organization’s views or decisions, while Pro Mode™ further enhances market efficiency using advanced AI technology. Deadweight Loss as a Service plans to expand into the vote swapping market and introduce the Jury Nullification Market Beta in the future.
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