🌍 This Week in Web3forGood
A weekly roundup of the ways web3 could make the world a better place
It’s been another week of #Web3forGood, and we know it’s a holiday weekend in the US, so we will keep this intro short and sweet.
The SCOTUS decision to strike down Roe v. Wade has left us dismayed; abortion will most likely be banned in 26 states to the fullest extent. We have seen ChoiceDAO spring up in response to this - they are organizing a driven community to fight the obstruction of our liberty. Their first goal is to raise over $1 million in 26 days for reproductive access.
In more positive news, we have A LOT of links to share this week. Some very interesting stuff from massive fintech funding in Africa, the history of governance, web3 and sustainable fashion, and more.
As always, if you learn something new, please share! We’ll be back in your Inbox next week with more news, articles, and some fresh new content and interviews with leaders in the #Web3forGood movement.
What’s Inside
🕊 Tweet of the Week
📣 Latest News
📚 What We’re Thinking About
🚀 Opportunities
📡 On Our Radar
🌊 DAOs and Social Impact
With regards to creating social impact, DAOs are a natural fit due to the importance they put on community governance;- this is an obvious synergy for grassroots organizations without traditional leadership, as opposed to traditional non-profits that are more centralized. DAOs also create new models of accountability since their financial transactions and rules are recorded on a blockchain. There is no question about how the organization spends money, because it is visible for all to see. By nature of design, DAOs are made up of active, engaged communities and create a two way relationship between a supporter and a cause unlike a traditional one-way donation model.
Here are 5 DAOs in the social impact space that we think are creating impact and changing the way things are done:
Continue Reading…
🕊 Tweet of the Week
📣 Latest News
GoodDollar Launches #Crypto4Her to Deploy DeFi to Address Gender Inequity
Pussy Riot Launch LegalAbortion.eth To Protect Reproductive Rights
📚 What We’re Thinking About
The World Economic Forum published a new whitepaper Decentralized Autonomous Organizations: Beyond the Hype. It argues that DAOs are disrupting whole sectors. From finance to social networking to philanthropy, these code-driven, community-governed entities are changing the way we work. (The World Economic Forum)
The Funding the Commons event last week in NYC was an insightful look into networked goods, the role impact certificates can play, and just how we can accelerate public goods funding. Watch the livestream from the event. (Youtube)
Fintech’s growth has been a global phenomenon with fintech funding reaching a record high last year. But in Africa, the massive funding increase is even more profound — startups raised more in 2021 alone than the preceding seven years combined, reaching a record $5.2 billion ($1.1 billion in 2020). Of this, fintech made up over 60% of capital invested — three times the global average. (Mercy Corp Ventures)
Andrew Hall of Stanford and Porter Smith of a16z authored a fascinating report: Lightspeed Democracy - What web3 organizations can learn from the history of governance. (a16z)
Alexandra Grant and Keanu Reeves have teamed up with Non-Fungible Labs to launch The Futureverse Foundation, which aims to “make the metaverse accessible to more people, especially from disadvantaged backgrounds.” (The Hollywood Reporter)
Could the Metaverse make fashion more sustainable? (Refresh Miami)
Vitalik Buterin on the 100th Narratives Podcast talking about land value tax, governance, and the philosophy of crypto protocol design. (Narratives)
According to a new study conducted by Deloitte, an overwhelming 93% of businesses taking Bitcoin payments report noticeable revenue growth and brand perception improvements. The Giving Block explores what this means for the nonprofit sector. (The Giving Block)
Despite the crypto crash, charities in crisis hit places from Gaza to Kabul say crypto is their best option to receive cash quickly. (Thomas Reuters Foundation News)
The meteoric rise of NFTs, and the generosity of NFT creators and collectors, have not gone unnoticed by the nonprofits that are raising millions of dollars to save lives. (Newsweek)
🚀 Opportunities
Apply: Meta is hiring a Strategic Partner Manager, Social Impact Partnerships to drive a scalable approach to partner, and innovate with the social sector to better understand Web3 and how this new space can amplify their impact in the world. (CA, NY, or Remote)
Attend: Giving Block Co-Founder, Pat Duffy explains everything a nonprofit needs to know before considering crypto in this webinar on July 14th.
Hack: XRPL Hackathon - Creating Real World Impact is open to all developers interested in building apps to improve lives in the real world using any of the SDKs and APIs for the XRP Ledger.
Hack: Gitcoin Virtual Hackathon SUSTAINABLE BLOCKCHAIN HACKATHON is happening now.
Free Dev Work: Curious Addys is offering free smart contract & minting website support service for 10 NFT collections. Apply here.
📡 On Our Radar
A research project from Crypto Good seeks to understand how Impact DAOs operate and execute on their mission. This research is being undertaken by a collective of folks in web3 + impact + media. For details, read here. Apply to participate.
Nectar Protocol is a zkRollup & decentralized HIPAA compliant file storage protocol for the health industry.
Share Your Light is a no-cost (except gas) NFT from ChangeDAO that anyone can mint and own as proof of being a part of this moment of change.
Fountain is an early stage podcast app that allows users to earn by listening and creators to get paid directly by users.
Web3 Women In Science is a DeSci community that addresses the critical underrepresentation of womxn at the intersection of science and web3.
ARI is a Celo native NFT Marketplace focused on creating the conditions of prosperity for all through NFT & Art.
Nothing contained in this newsletter should be construed as financial or investment advice. This newsletter is for informational educational purposes only.