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.)
A project to investigate and prioritize project proposals such as all of these
Research That Can Help Us Improve, Effective Altruism, Empowering Exceptional People
Even long lists of project proposals like this one can miss important projects. The proposals (including my own) are also rarely concrete enough to gauge their importance or tractability.
Charity entrepreneurs are currently mostly on their own when it comes to prioritizing between project proposals and making them more concrete. There may be great benefits to specialization and economies of scale here that a dedicated organization could realize:
Charity entrepreneurs are currently more likely to succeed if they are in the intersection of the sets of all people who are (1) excellent at running and scaling a charity, and (2) sufficiently broadly knowledgeable and impartial to recognize the best proposals from a very wide range of proposals. If they could draw on a separate organization (whose staff don’t all need to be excellent at running and scaling charities) to take care of the second problem, many more of the entrepreneurs from the first set could succeed.
A separate organization could categorize project proposals by the additional nonentrepreneurial aptitudes that are needed to realize them. That would make the number of projects that entrepreneurs have to weight more manageable for them. Conversely, the organization could also match entrepreneurs with complementary aptitudes who might not otherwise have met and thus widen the sets of suitable projects if they are few.
A separate organization could be networked with existing organizations like 80,000 Hours and Impact CoLab and form an efficient funnel for prospective entrepreneurs.
A separate organization could also be networked with funders and advisors who are interested in particular project proposals.
A separate organization could, over time, build expertise in efficiently drafting business plans and prioritizing them far beyond what any individual entrepreneur might achieve.
I’ve considered starting such a project, but I’ve currently prioritized impact markets higher.