🌍 This Week in Web3forGood
Impact Certificates 101, Metaverse Hospitals, Web3 Constitutions, & a Metacrisis
Do you keep hearing people talk about how amazing impact certificates are, but still have no idea how they *actually* work? Relatable. Because that was us a few weeks ago. Come to find out, not much actually pops up on Google when you just search “impact certificates 101.” SO instead: we read LOTS of research papers, white papers, random blogs, manifestos, and Twitter threads. Listened to podcasts. Watched event recaps. Took notes! Dear Reader, we did it all, all to get to the bottom of impact certificates - What are they? Why do they matter? What could possibly go wrong? Today, we are excited to finally share the result of that work with you: our latest post, Impact Certificates 101. It’s the guide we wished we had, but didn’t. Now, you do.
Plus this week: #ReFiSummer news, an international development & web3 hackathon that you should definitely attend, pineapple people, and more. Scroll down to the very end for an extra special note from the universe…
WAGMI
Xx Abeera & Sam
What’s Inside
🕊 Tweet of the Week
📣 Latest News
📚 What We’re Thinking About
🚀 Opportunities
📡 On Our Radar
🌊 Impact Certificates 101
What if it was technologically and socially possible to engineer a global economic system where social impact has inherent market value?
The non-fungible token (NFT) movement has already done this for digital art, thanks to indisputable ownership recorded on the blockchain. As a result, artists have reaped tremendous value through the sale of previously valueless goods. What if the value applied to digital art could be applied to impact? Could similar market mechanisms drive value toward nonprofits, NGOs, and social businesses?
The idea of attaching value to impact behavior is not new (i.e. carbon credits). The blockchain technology that makes that value verifiable is.
Blockchain-stored impact certificates are a developing technology that many builders and theorists believe could genuinely create value for social impact, similar to what NFTs did for digital art. In practice, however, impact certificates as a web3 idea are still new. Research is limited and use-cases are even moreso. The potential, though, is vast.
Let’s start at the beginning.
What IS an Impact Certificate?
Continue Reading…
🕊 Tweet of the Week
📣 Latest News
Uniswap V3 and Green Asset Pools Deploy on Celo for #ReFiSummer
Giving startup Change raises $5M seed round to supercharge donations in web3
United Arab Emirates (UAE) Announces First-Ever Metaverse Hospital
Shanghai included blockchain, NFTs and Web3 in its 5-year plan
ECB Issues Three Reports in Effort To Pass Biggest Crypto Law in Europe
Celsius to file for bankruptcy amid claims that it’s ‘deeply insolvent’
EthCC returns as the Ethereum community looks beyond its ambitious move to proof-of-stake
📚 What We’re Thinking About
This Reddit post on human coordination. (LogristheBard)
This visual essay on Crypto Philanthropy. (Bryan Lehrer)
This overview by Mercy Corps Ventures on their pilot results with ACRE Africa on driving climate resilience for smallholder farmers in Kenya through smart contract weather index insurance (Mercy Corp Ventures)
Tricia Wang is a tech ethnographer who questions that while Web3 is supposed to be for everyone, are we on track to repeating Web2 where we had a small class of people building tools for everyone globally?
What if we could encode human rights in the blockchain? The potential for blockchain-enabled human-rights abuses is real. At the same time, these technologies introduce new ways of encoding and enforcing rights. (Noema)
Traditional constitutions and declarations of rights are crucial for good governance. Preliminary analysis from the Constitutions of Web3 data set is available. (The Metagovernance Project)
It’s becoming obvious that Africa offers the best use cases for Bitcoin as an innovation. (Bitcoin Magazine)
There are currently over 92 million unbanked people in Indonesia; a collaboration between Mastercard and Fasset aims to use the digital asset market in furtherance of financial inclusion goals. (Blockworks)
People who live in nations that are experiencing hyperinflation or have a history of financial instability are increasingly accepting cryptocurrencies as their main source of income. (Blockworks)
When Argentina’s minister of the economy resigned over the weekend when the country’s markets were closed, stablecoins were the first asset to reflect how the political upset would impact the economy. (Rest of the World)
Daniel Schmachtenberger explains the Metacrisis, the totality of risk that we face as a species and planet - but it’s not all doom and gloom. (Greenpill)
🚀 Opportunities
Apply: Open Earth Foundation is hiring a Web3 Engineer/Climate Solution.
Apply: Return Protocol is hiring a Product Design Lead.
Join: ID3 is an ideation focused hackathon on international development and Web3 taking place from July 22 - 24. Sign up here.
Apply: Toucan Protocol is hiring a Product Designer/Senior Product Designer (Remote)
Apply: Nori is hiring a Crop Modelling Analyst (Seattle)
Call for Proposals: Thanks to a Gitcoin grant, the MetagovDAO is accepting proposals for research projects that will help build the Metagovernance Project’s research community. Learn more and submit your ideas to this rolling opportunity.
📡 On Our Radar
Welina NFTs Pineapple People is a female led, Charitable NFT project that aims to raise funds for International Medical Charities working in Ukraine. It is led by Anne Marie, a certified family nurse practitioner, artist, wood worker, and philanthropist with a desire to provide medical care to underserved communities.
Empowa is aiming to provide Defi enabled affordable housing in Africa. It enables the building of affordable and greener houses in Africa, by offering property developers access to affordable funding. By leveraging Cardano’s blockchain technology and the power of decentralised finance, they are able to overcome the systemic issues that have plagued the African property industry, unlocking the economic opportunity for all parties.
Verses aims to be a persistent institution dedicated to articulating visions for a flourishing collective future.
Paragraph is a platform for Web3-native newsletters and publishing. (What do you think? Should Web3ForGood try it?)
MISSON works with universities to engage young funders by offering Digital Tokens in return for Micro-Donations. The company was just accepted into MassChallenge’s 2022 summer accelerator.
And one more thing…
Not web3 related, but may this stunning Webb Space Telescope image image remind you that, no matter what happens in Web3, we are all brilliant blips of stardust in a vast and magical universe. Have a dazzling weekend!