Hypercerts are a new protocol for funding and rewarding positive impact. Every hypercert is a public claim on a discrete piece of work and impact resulting from that work. Projects can create hypercerts and distribute them to contributors. Funders can own hypercert fractions — and the rights that come with them. Impact evaluators can create value for projects and funders by assessing the quality of hypercerts and offering ratings. Hypercerts create interoperability by serving as a single, open, shared, decentralized database for impact claims and funding mechanisms.