A centralized authority that would need to authorize and keep track of all impact would have prohibitive costs and would be in constant danger of corruption and biases (if not of malice, then of ignorance). Creating a decentralized project allows it to be democratic and accelerated in its acceptance and implementation. KYC and initial token division is crucial for making sure the process has fair beginnings.

More importantly, decentralization and democratization increase trust. If all is transparent, and there is no central authority dictating the rules, there is an air of objectivity that instills trust in the system. Participation creates an air of ownership and makes users feel accountable for upkeeping and updating the system. This is key for success and buy in.

Creating a decentralized ecosystem increase the likelihood of entrepreneurs joining and capitalizing on new markets. Many products and services that complement the ecosystem are likely to be created to better the tracking and accountability in the ecosystem. This can include tools and software for data collection and software to translate classic legacy systems with a universal IO template.

Making the project decentralized also means it is open source which allows problems that arise to be solved quickly. An open approach invites more users to join and incentivizes participation of academia, NGOs and non-profits. These institutions can find more relevance for their work and participate in the ecosystem to create new sources of funding and impact.