Disclaimer: I am not totally committed to this theory yet, it simply is what I am currently fixated on as a theory of consciousness. However, I remain largely undecided, and have not yet studied the topic comprehensively enough to truly make up mind.
I have, as of late, been very intrigued by panpsychism. I find it to be a very satisfying and elegant way of explaining the mysteries of consciousness, including how it arises from non-consciousness.
I am sympathetic to identity theory and functionalism, but neither of these views capture the fact that consciousness, to me, appears to be such a fundamental part of the universe (and existence as a whole). I am pretty convinced that consciousness is a physical process, but, so far, panpsychism satisfies many of my questions to an unparalleled degree, one of such being the problem of how consciousness can arise from nothing.
I also find God as an explanation to be dissatisfying. Consciousness being apart of the universe, and in itself, an inherent function thereof, to me, is more coherent as a theory and can maintain pure physicalism (of which I already support).
I understand that it is perhaps ontologically problematic to posit the existence of a conscious rock or, perhaps even more egregious, a conscious quark; nonetheless, I find the idea of proto-consciousness when complexity lacks to be a satisfying response.
As a result of my mostly novel exposure to this debate, I would love to hear some serious objections to panpsychism (not a fun word to spell), and/or better arguments for competing theories; I am still at the point where I could very easily be convinced otherwise!