We only pay when the problem is solved.
Funders commit capital to solve a specific, measurable real-world problem. Teams compete to solve it. An independent verifier confirms the outcome. Only then are funds released. No verified result — no payment. Ever.
How it works
Four steps, one rule: verify the outcome before releasing capital.
- 1
Fund
Funders commit capital toward a specific, measurable outcome. Capital enters escrow and earns safe-instrument returns while held.
- 2
Compete
Startups, researchers, NGOs, and companies apply. The best-positioned teams are approved and begin work.
- 3
Verify
An independent, named verifier — an academic or accredited institution — evaluates whether the success criteria were actually met.
- 4
Release
Only if the outcome is verified are funds released to the winning team as cash, convertible investment, and a purchase commitment.
Why it works
Traditional charity funds effort. That means every dollar is spent whether or not the problem gets solved — and worse, the organizations that survive are the ones that keep problems alive, not the ones that end them.
Miruvor Fund pays only when the outcome is verified. Effort is no longer the deliverable. The problem being solved is the deliverable. The incentive is finally aligned with the mission.
The realignment
- Traditional grantsPay for effort — reports, activities, milestones. Solving the problem is optional.MiruvorPay for outcome. Verified result is the only unlock.
- Charity KPIsReward organizational survival. Ending the problem ends the funding.MiruvorReward problem-solvers. Winning ends the challenge — and that's the point.
- Impact reportingSelf-reported by the recipient.MiruvorIndependent verifier, named up front, using pre-agreed success criteria.