🌍 This Week in Web3forGood
onchain summer
gm gm,
Happy first official summer Friday to everyone in the Northern hemsiphere. This is a quick roundup this week, because we’re both traveling.
Need to know 👉 Change Code is hosting their first community call this week with Crypto Altruism. If you’re native to the social impact world and still not too sure about how all this Web3 stuff works, this is the call for you to join. The team at Change Code has years of experience in both the tech and traditional social impact sector, so they truly understand both worlds and how they can support each other better than anyone else. This week’s topic is “The Impact Capital Problem.” Tune in next Tuesday.
Also below: TLDR on Tokenomics, as requested by your votes in our weekly poll. Want us to cover something not listed? Reply to this email or send us a DM.
WAGMI (we are going to make an impact!)
P.S. Do you have news to share? Shill us! Please!
What’s Inside
📣 Latest News
🔍 TLDR: Tokenomics
📚 What We’re Thinking About
🔈 Podcasts
🚀 Opportunities
🎪 Events
📡 On Our Radar
✨ And one more thing
📣 Latest News
Kroma and Optimism Superchain Partnership: A New Era for Game Developers Across Asia
Crypto: The Game Is in the Running for a 2024 Emmy Award Nomination
SEC Is Dropping Its Investigation Into Ethereum, Consensys Says
Global Policy, Regulation, and Adoption News
El Salvador Proposes Private Bitcoin Investment Bank to Boost Economy
Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
🔍TLDR: Tokenomics
New to Web3? Welcome! TLDR is where we offer a simplifed explanation of a term used often in this newsletter. If there's anything you're curious about, reply and let us know.
Tokenomics refers to the world of digital tokens and how they build their own mini-economies on the blockchain. Imagine tokens as digital units of value, like cryptocurrencies, but they can stand for anything from assets to services. They live on the blockchain, which as we know, is a super-secure and transparent digital ledger. There are different types of tokens—utility tokens let you access specific services, while security tokens represent ownership in assets, kind of like digital stocks. Tokenomics is all about designing and managing these token-based economies, making sure everything runs smoothly with a balance of supply, demand, and incentives.
What makes tokenomics tick? First, there's the supply, which is the total number of tokens available. Then, there's the demand, or how much people want those tokens. Distribution is key, too—it's all about how tokens are shared among users. Incentives are like little rewards for participating in the network, whether you're staking or providing services. The utility of a token is what you can actually do with it, and sometimes, tokens are even burned (intentionally destroyed) to reduce supply and boost value. Tokenomics ensures these digital economies are vibrant and functional, making the world of blockchain and cryptocurrencies exciting and dynamic.
TLDR: Tokenomics is the study of how these tokens are created, distributed, and used, making sure there's a balance of supply, demand, and incentives to keep the ecosystem thriving.
📚 What We’re Thinking About
🪙 CBDCs could boost financial inclusion, ease cross-border payments in the Middle East, IMF says. (CryptoSlate)
🚀 “I have been building Circle for over 11 years, and at no time have I been more optimistic than right now,” says Jeremy Allair, Circle Co-founder & CEO. (@jerallaire)
💭 Why we need philosophers to explain bitcoin: A review of ‘Resistance Money’. (Blockworks)
🤖 What Gen Z wants from AI policymakers. (Semafor)
🩵 Estonia – the Digital Republic Secured by Blockchain. (PwC)
🛟 Infineo, a company that focuses on blockchain-based life insurances, transferred the first ever tokenized life insurance policy on a distributed ledger system. (CoinDesk)
🌱 Tesla removed Bitcoin payments, citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased. (Cointelegraph)
A Retrospective Quantitative Review of Crypto Grants Programs. (Fracton)
🔈 Podcasts
Crypto Altruism Podcast Episode 160 - CryptoConexión & WAGMI LatAm - Catalyzing the Next Generation of Web3 Innovators in Latin America
Green Pill Season 4 - Episode 21 - Swarms: A Primitive For Sovereign Coordination W/ Daniel Ospina
🚀 Opportunities
Funding: The ReFi in Arbitrum Grants Program aims to attract and onboard new builders into the Arbitrum ecosystem by leveraging the transformative potential of Regenerative Finance (ReFi) communities.
Funding: The Oasis Onchain Quick Grants Program aims to empower and support projects in the Caribbean and Global South building on Arbitrum. Our mission is to provide resources, mentorship, and network access to founders and builders focused on solutions that improve everyday life.
Funding: The Giv-Earth round is the first environment-focused quadratic funding round on Giveth – a Crypto donations platform that rewards donors for giving to verified public goods projects.
Sponsor: Global Blockchain Business Council (GBBC), the largest leading industry association for the blockchain technology ecosystem, is hosting its 7th Annual Blockchain Central alongside the United Nations General Assembly (UNGA) as an official partner of the UN Foundation's Global Goals Week.
Participate: Monthly Earth Day is a global event that happens on the 22nd every month, not just once a year. Get involved on June 22 and share on X to @HighlyArtistic with the hashtag #MonthlyEarthDay.
🎪 Events
🆕= New to the roundup this week
Virtual
Change Code’s 1st Community Call, hosted by Crypto Altruism, is happening June 25. 🆕
Build with Celo: Web3 for Small Businesses hackathon is happening June 28 - July 15.
Veiovia Mindshare Series 2 is happening August 2.
IRL
V Community Meetup: Bay Area is happening TODAY June 21 in San Francisco. 🆕
Women in Digital Assets Forum 2024 is happening June 25 in Stamford, CT.
Decipher 2024, a retreat for teams actively building on Algorand, is happening June 26-27 in Barcelona.
Responsible Tech London: A Better Tech Future for Youth is happening June 27 in London. Application required.
Point Zero Forum 2024 is happening July 1-3 in Zurich.
SheFi Summit is happening on July 7 in Brussels.
The Regen Village at EthCC is happening July 8-12 in Brussels.
EthCC[7] is happening July 8-11 in Brussels.
[BLANK] Canvas with Gitcoin & Tally is happening July 8 in Brussels. 🆕
Superchain Space is happening July 8 in Brussels.
Optimistic Gathering is happening July 9 in Brussels.
FIL Dev Summit @ EthCC is happening July 9 in Brussels.
Group Income Launch Party at the Internet Archive is happening July 21 in San Francisco.
Funding the Commons is happening July 24-25 in Tokyo.
Our Networks 2024 is happening July 27 in Vancouver.
BaseCamp is happening July 31 - August 4 in Idyllwild-Pine Cove, CA.
DWeb Camp is happening August 7-11 in Camp Navarro, CA.
REBOOT: THE NEW REALITY is happening September 4-5 in San Francisco.
Recurring
Climate Coordination Network X Spaces happen weekly, every Thursday.
Upcoming X spaces focusing on using Web3 for positive impact in the real world (+ recordings), curated by @civilmonkey. 🆕
Hosting an event that you’d like to see listed? Reply here or send us a DM.
📡 On Our Radar
Awarri has been tapped to help increase the representation of Nigerian languages in AI.
$REGEN tips enables selected Regens to tip on Farcaster by commenting (amount + $REGEN), demonstrating what's possible when onchain rewards inspire URL/IRL actions.
BREAD is now integrated into the Giveth platform so you can donate to your favorite projects with community currency on Gnosis Chain.
VDAO is a community of pioneers, creators, and makers focused on building antifragile and regenerative systems in both the physical and digital realms.
PeerPesa is connecting Africa through P2P trading using cUSD.
The new Protocol Labs Directory.
✨ And one more thing
How to opt out of Meta’s AI training