> For the complete documentation index, see [llms.txt](https://docs.impactmarket.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.impactmarket.com/impactmarket-apps/3.-impactmarkets-protocol/pact-token/pact-theory-of-change.md).

# PACT Theory of Change

<figure><img src="https://lh5.googleusercontent.com/oIft-LoPmgJ-ajTgulBPQuJ2Sm_7jGV1hqgzv7amPsxzgeOHUwYQ9HT_sbHHW7OpqONsddTAaJVfhYp7tlnBL9iRBo6yAPD_kNIiBxQba6RA2nN8jYpitCav33oIt6eDZ7S9p0MrxnILnFfUS5Nefzs" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh6.googleusercontent.com/rV543_A0N2ksr7mEXCCzHJDurRAotH2PK9SdqIQXR3HbZovhW1zc21gZGF6l3f-B_uhGw9AiSITgdEuRDvtHAdpbH3vQZf2yFfxDC3RkDAzN-nrRUf908DycsemrTnElBit4Xm0CiZ-kDc13fqKX2dQ" alt=""><figcaption></figcaption></figure>