The FTX Foundation's Future Fund is a philanthropic fund making grants and investments to ambitious projects in order to improve humanity's long-term prospects.
We have a longlist of project ideas that we’d be excited to help launch.
We’re now announcing a prize for new project ideas to add to this longlist. If you submit an idea, and we like it enough to add to the website, we’ll pay you a prize of $5,000 (or more in exceptional cases). We’ll also attribute the idea to you on the website (unless you prefer to be anonymous).
All submissions must be received in the next week, i.e. by Monday, March 7, 2022.
We are excited about this prize for two main reasons:
- We would love to add great ideas to our list of projects.
- We are excited about experimenting with prizes to jumpstart creative ideas.
To participate, you can either
- Add your proposal as a comment to this post (one proposal per comment, please), or
- Fill in this form
Please write your project idea in the same format as the project ideas on our website. Here’s an example:
Early detection center
Biorisk and Recovery from Catastrophes
By the time we find out about novel pathogens, they’ve already spread far and wide, as we saw with Covid-19. Earlier detection would increase the amount of time we have to respond to biothreats. Moreover, existing systems are almost exclusively focused on known pathogens—we could do a lot better by creating pathogen-agnostic systems that can detect unknown pathogens. We’d like to see a system that collects samples from wastewater or travelers, for example, and then performs a full metagenomic scan for anything that could be dangerous
You can also provide further explanation, if you think the case for including your project idea will not be obvious to us on its face.
Some rules and fine print:
- You may submit refinements of ideas already on our website, but these might receive only a portion of the full prize.
- At our discretion, we will award partial prizes for submissions that are proposed by multiple people, or require additional work for us to make viable.
- At our discretion, we will award larger prizes for submissions that we really like.
- Prizes will be awarded at the sole discretion of the Future Fund.
We’re happy to answer questions, though it might take us a few days to respond due to other programs and content we're launching right now.
We’re excited to see what you come up with!
(Thanks to Owen Cotton-Barratt for helpful discussion and feedback.)
Cotton Bot
Economic growth
Problem: In 2021, a mere 30% of the world’s cotton harvest was gathered by machinery. This means
that over 60% of the 2021 worldwide supply of cotton was harvested using the same methods as
American slaves in the 1850’s. A significant amount of the hand harvesting includes forced labor.
Solution: The integration of existing technologies can provide a modular, robust, swarming team of
small-scale, low-cost harvesters. Thoughtful system design will ensure the harvesters are simple to
operate and maintain while still containing leading edge technical capability.
How to: The project is focused on developing a single row, robotic harvester that meets key
performance parameters and system attributes to allow operation in the most technologically remote
areas of the world with little or no logistics tail. The single row harvesters can intuitively communicate to swarm harvest in teams from two to two hundred independent systems.
Background: My father has been the REDACTED for a few years now. We have been talking about how much cotton gets wasted in the field near our house for years now, but this grant strikes me as a perfect to see if a prototype could be built.
Pluses:
1. He is not an EA (though he is adjacent, mostly from my prodding), so it's an opportunity to drag a non-EA to work on our projects.
2. He has no desire to develop the business after making prototype and proving use case, so the patent would come back to the FTX future fund as investors.
3. He has a lot of experience doing exactly this, so he will most likely be able to execute.
Cons:
1. It's expensive because he intends to hire employees to work on it full time.
2. He isn't an EA, so he may not perfectly represent EA interests in this (somewhat mitigated because I will also be working on it.)
3. He has no desire to develop the business after making, so we'll have to have someone do that (or give away the tech for free.)
His name is REDACTED, and he works at the REDACTED in case anyone wants to look him up!
I think this is key. If most of the harvest is not forced labor, then the cotton bot may just steal the least terrible employment opportunity from these people and they have to fall back on something more terrible. Then again it can maybe be marketed specifically to the places that use forced labor.