This Week in Web3ForGood
Updates from Verra, crypto philanthrophy, scaling carbon removal technology, & a ReFi founders circle.
It's #ReFI summer, and while, we are so excited about all the things happening in the space, no one can deny that it's truly a *HOT* summer. With record high temperatures all over the world, it is more important than ever that the climate crisis is addressed, and the role Web3 can play in this space is not to be ignored.
This week’s newsletter has the latest updates from Verra, what’s we’re thinking about within Web3 and climate, and a deep dive into crypto philanthropy.
P.S: If you want to feature any updates, news, articles, or even a deep dive on the newsletter, please free to submit them here.
What’s Inside
🕊 Tweet of the Week
📣 Latest News
📚 What We’re Thinking About
🚀 Opportunities
📡 On Our Radar
🌊Crypto Philanthropy: An Evolving Giving Landscape
In the past year, bitcoin and cryptocurrency adoption has gone up by over 880%. As adoption and gains grow — we have seen a similar trend in crypto philanthropy.
Since cryptocurrency uses a decentralized system to record transactions, it has gained the trust of a number of charities leading to an exponential growth in these donations, and startups like the Giving Block and BitGive are emerging that allow anyone to make these transactions safely and easily.
Blockchain technologies remove the intermediary and allow for better accountability mechanisms, there is a push for crypto philanthropy for those looking for a more trustworthy and efficient system, and we see this reflected in the trends.We have seen the Giving Block, and Endaoment pave the way to push more nonprofits to accept cryptocurrencies but this field is only growing with organizations such as GiveTrack and Alice building mechanisms for accountability.
Anyone with a crypto wallet can make a donation and track it in real time, which makes donating easier and more gratifying. This ties in well with the profile of your average crypto donor, as defined by Pat Duffy, the CEO of GivingBlock.
Continue Reading…
🕊 Tweet of the Week
This tweet is from last week but, resonated so deeply with us that it was worth the share now.
📣 Latest News
Celo halts blockchain hours as validators work on identifying issue
World of Women Expands Partnership with Nonprofit Too Young To Wed
Crypto being increasingly used to pay salaries in developing economies
Heifer International Acquires Cryptocurrency Platform, BitGive
Dubai Introduces Virtual Assets Laws Concerning NFTs and Crypto
📚 What We’re Thinking About
Why despite all its talk of inclusivity, Web3 has a huge gender disparity problem (The Indian EXPRESS)
The new philanthropic frontier: How Web3 could democratize donations (Coin Telegraph)
Costs and Benefits: Thinking through Legal Structures for DAOs (PrimeDAO)
In this Ownership Economy Podcast, Kevin Owocki covers how Gitcoin's mission came to be, why it's important to fund public goods, and the bleeding edge of democratic governance innovations Gitcoin is spurring on with quadratic funding and quadratic voting with Gitcoin Grants.
Catch all the panels from the 0xPolygon Green Blockchain Summit here.
Moderna co-founder & CEO discusses the need to quickly scale carbon removal technologies to fight climate change and how his Indigo Agriculture portfolio will provide farmers with funds to access the voluntary carbon market.
How Shell Is Using Web3 And Blockchain For Sustainability And Energy Transition (Forbes)
Here’s a look into implementation of Impact Certificates, Impact Markets: The Annoying Details (Astral Codex Ten)
Latin America and the Asia Pacific region are bullish on crypto. (Blockworks)
Vibe Bio is decentralizing drug research to reimagine biotech funding. (CoinDesk)
Blockchain solutions are being used to improve US disaster relief. (Cointelegraph)
The title of this podcast speaks for itself: The Crypto Renaissance: Comparing the Printing Press to NFTs with PhD Historian Josh Rosenthal. (Unstoppable Podcasts)
🚀 Opportunities
Apply: Crypto Research and Design Lab is hiring multiple roles.
Apply: If you're an impact entrepreneur using web3, apply for the ReFi Summer Cohort launching July 25. Founder’s Circles are groups of ReFi founders in peer support groups, led by experienced founders with previous exited ventures, or deep subject matter expertise.
Apply: VitaDAO in collaboration with the Foresight Institute has introduced the Longevity prize. Its aim is to generate an avalanche of proposals, experiments, and collaborations on undervalued areas. Their goal to support a growing longevity ecosystem, connecting those who generate proposals for progress with those who want to help execute them, and drive high-trust collaboration toward solving them.
Apply: WoW Studio is hiring a summer intern (Remote).
Attend: A Community Call: Web 3 101 for Nonprofits Featuring ChoiceDAO on July 26th, 1 PM ET.
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📡 On Our Radar
Cabin is a decentralized city built by creators, for creators. Currently, it is one physical location, but the vision is that it will become one node in a network of decentralized properties, owned and operated by small groups of independent online creators and entrepreneurs.
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📖 Bonus / Learning Resource
devpill.me is a public good blockchain development guide aimed at becoming the go-to learning resource aggregator for building on Ethereum and its wider ecosystem of scaling solutions and applications.