This Week in Web3forGood
🌍 Sybil who? Sybil Resistance 101
gm everyone,
This week: an explainer piece on Sybil Resistance — if you just said, “Sybil what?!” (aka Sam before this season of Green Pill), this is for YOU.
Plus news & ideas from all over the world (Brazil, Australia, Afghanistan, Ukraine), the latest from the Impact DAO Research team, Boys Club talks public goods, DC startup week has a Web3* track, & more.
In other news, we’ve lined up some fascinating conversations with incredible builders and thought leaders working at the intersection of Web3 + social good that we’ll be rolling out over the next few months, so stay tuned! And if this is you or someone you know, don’t be a stranger.
WAGMI
xx Abeera & Sam
*TIL that the official AP style guide capitalizes “Web3.” Now you (and we) know.
What’s Inside
🕊 Tweet of the Week
📣 Latest News
📚 What We’re Thinking About
🚀 Opportunities
📡 On Our Radar
🌊 The Impact Professional’s Guide to Sybil Resistance
What is a Sybil Attack?
A Sybil attack is an attack on a computer network where an individual gets around the reputation and account system rules by creating many alternative identities and using them to gain a disproportionately large influence. A simple example: One individual creating multiple social media accounts.
One of the most common Sybil attack examples are the fake followers and the bots on Twitter. In Web3, the Sybil attack is commonly applied to mining, forging identities, or other activities where a malicious actor tries to earn more money or to forge the data without being detected.
Read more.
🕊 Tweet of the Week
Thread from @AFiltimo.
Tweet from @owocki.
📣 Latest News
Brazilian prosecutors probe company over Amazon forest NFT sale
Latin American Crypto Firm Ripio Launches Prepaid Crypto Card in Brazil
TIALS World To Launch Sustainable Fashion Hub with NFT Membership
📚 What We’re Thinking About
Leading crypto currency platform AAX recently announced the launch of AAX Impact Lab, focusing on fostering innovation in the crypto and blockchain sector. Timothy Wong, Head of Impact Lab, explains more. (NewsBTC)
Toucan Protocol (which has tokenized nearly 22 million carbon credits from Vera, representing 5% of the current market supply) on 5 myths about tokenized carbon. (Toucan Protocol)
A Monash University-led consortium of blockchain researchers will explore new multidisciplinary blockchain applications after securing a $72 million ($US50 million) stake in funding from the blockchain sustainability-focused Algorand Foundation. (Cryptosaurus Networks)
Report: For all the hype around Bitcoin, Salvadorans just want digital banking. (Rest of the World)
The Afghanistan police force shut down 16 cryptocurrency exchanges in the country's western Herat province over the past week. (CoinDesk)
Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto. (Cointelegraph)
Pact is a Brooklyn-based donation collective connecting New Yorkers through giving, mutual aid, education, and activism. The Impact DAO Research team interviewed founder Marisa about building NYC mutual aid and what that means for all of us. (Crypto Good)
What if ordinary people, and not art-world gatekeepers, decided what was culturally significant? Web3 start-up Arkive has the epic goal of decentralizing a core component of the art world: the museum. (ARTNews)
Boys Club’s Natasha and Deana ask Gitcoin founder Kevin Owocki to explain what public goods are and why they matter. (Boys Club Podcast)
What Makes Tokenized Communities Valuable? (Forefront)
DeFi’s role in creating a regenerative economy. (The Celo Blog)
Regenerative Finance 101: A Guide to Crypto’s ReFi Movement by Nihar Neelakanti, co-founder of Ecosapiens. (CoinCentral)
It’s an exciting time for builders and founders to make real change, says Rene Reinsberg, co-founder of Celo and President of the Celo Foundation. (BeInCrypto)
🚀 Opportunities
Apply: Gitcoin is hiring a Chief of Staff and a Backend Engineer.
Apply: ReSource is hiring a Full Stack Software Engineer - Systems.
Apply: Roote has several open positions.
Apply: Spirals Protocol is hiring a Founding Engineer.
Apply: Celo Camp Batch 6 applications are now open.
Attend: DC Startup Week is back to IRL Sept 12 - 16 and has a new Web3 track covering blockchain, crypto, NFTs and the future of the internet: Register here.
Hack: Gitcoin’s Virtual Hackathon METAMORPHOSIS will take place Sept 12-28.
📡 On Our Radar
Oasis Club is a web 3.0 wellness membership club that believes wellness of the mind, body, and soul are the greatest asset to the sustained, high performance that enables individuals to pursue their passions.
CyberBox is a ReFi NFT Marketplace on the Celo blockchain that helps anyone become carbon neutral by offsetting carbon (CO2) through NFT trading.
AfroPunk is an NFT collection that shares African culture with the world. AfroPunks with certain rarities will be backed by African folklore. Every AfroPunk will be able to claim a physical art piece made by Nigerian creatives and craftspeople.