🌍 This Week in Web3forGood
Apply now for Crypto For Good Fund IV 💰
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Mercy Corps Ventures’ Crypto For Good Fund IV is now live, opening up new pathways for projects dedicated to building positive impact through Web3 🎉. If you’re operating in Africa, South and Southeast Asia, Latin America, the Caribbean, the Middle East, Pacific Islands, or Western Balkans and building solutions for climate action or financial resilience in emerging markets, now’s the time to apply 📞. This round offers equity-free grants of up to $100,000, plus in-kind support from MCV’s team of impact and crypto experts 💰💰.
Crypto prices have soared this week 🚀, in response to anticipation of a favorable regulatory policy environment. The Boys Club podcast that came out last Friday with Jake Chervinsky, Chief Legal Officer at Variant, did a great job at breaking down the implications in a neutral way.
Speaking of podcasts, Tereza and Maya’s conversation with Azeem Khan for the ReFi podcast offered a balanced, candid take on bridging the gap between ReFi ideology and traditional corporate and impact spaces 🤝.
We need values-focused individuals working in Web3 now just as much as ever. This technology can make -- and already is making -- a difference in the lives of everyday people.
WAGMI (we are going to make an impact!)
What’s Inside
📣 Latest News
🔍 TLDR: Decentralized Storage
📚 What We’re Thinking About
🔈 Podcasts & Spaces
🚀 Opportunities & Calls to Act
🎪 Events
📡 On Our Radar
✨ And one more thing
📣 Latest News
Blockchain for Good Celebrating Social Impact at the Web3 Oscars in Bangkok
Bitcoin Flips Silver Again, Becomes Eighth Largest Asset By Market Cap
Tether prints $5 billion USDT in 5 days adding to bull run market liquidity
Finboot and OpenAtlas Join Forces to Launch Digital EUDR Compliance Solution
Filecoin (FIL) Advances with New L2 Solutions and Strategic Integrations
Akave Secures $3.45 Million to Accelerate On-Chain Data Management
Storacha’s Alpha Network Unleashes Decentralized Hot Storage on Filecoin
Global Policy, Regulation, and Adoption News
Pennsylvania introduces bill to create a Bitcoin Strategic Reserve for the state
Italy Poised to Water Down Proposed 42% Tax on Crypto Trading
El Salvador and Bhutan see Bitcoin holdings surge amid market rally
UK government plans pilot for a digital gilt instrument using distributed ledger technology
Project Updates
🔍TLDR: Decentralized Storage
New to Web3? Welcome! TLDR is where we offer a simplified explanation of a term used often in this newsletter or a big topic in the news this week. If there's anything you're curious about, reply and let us know.
What is decentralized storage: Decentralized storage on the blockchain is a way of storing data without relying on a single, central company or server. In traditional storage systems (like Google Drive or Dropbox), your data is kept on servers owned and controlled by one company. Decentralized storage, however, spreads your data across multiple computers, often called "nodes," around the world. Some popular examples include IPFS (InterPlanetary File System) and Filecoin.
When you upload a file to a decentralized storage network, the file is broken up into small pieces and encrypted (secured by turning it into unreadable code). These pieces are then distributed to different nodes. Each piece has a unique address, allowing you to retrieve the data by connecting all the parts when you need it. Only you (or people you allow) can reassemble the file because of encryption.
Blockchain technology helps keep track of where each piece is stored and who has access to it, adding a layer of security. Since no single person or company has control over all of your data, it’s more resistant to hacking, censorship, or loss from a single failure.
Why does it matter: Decentralized storage aims to create a more secure, private, and user-controlled internet. The idea is to provide more control to users and to make the internet less dependent on big corporations.
TLDR: Decentralized storage on the blockchain securely splits and stores data across multiple computers worldwide, giving users control over their data without relying on a single company or server.
📚 What We’re Thinking About
📄 In a report titled, "How Stablecoins are Extending U.S. Dollar Dominance," Blockchain advocacy group The Digital Chamber detailed stablecoins' usage and pushed for a stablecoin bill to be passed quickly to keep up with its increased use. Stablecoins are increasingly being used for savings and payments across borders, according to the report. (The Block)
💽 From Storage to Intelligence: Exploring Filecoin’s Role in the AI Ecosystem. (Filecoin TL;DR)
🌱 Highlights from CarbonDeFi’s Simulator Showcase with Markus Franke, CEO at Mento Labs. (Mento Labs)
🤖 The Center for Youth and AI surveyed teenagers on AI’s impact on their lives. (YouthAI)
🪄 Reimagining Power: How Web3 Can Transform Social Impact. (SuperBenefit)
🪙 Federal Reserve Governor Christopher Waller believes stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system. (Reuters)
👤 Supremacy over your own digital identity- should you care? (Veiovia)
💛 The Giving Block showcased 5 non-profits with creative approaches to crypto, stock, and DAF donations. (The Giving Block)
👀 Glimpsing new opportunities for Web3 social media platforms from the "Media War" in the U.S. Election. (ChainCatcher)
📂 How Decentralized Storage Platforms Can Address Adoption Challenges. (Forbes)
🔈 Podcasts & Spaces
ReFi Podcast - Season 4 The Regeneration Nexus - Episode 8 - Building Bridges with Azeem Khan
Crypto Altruism Podcast - Episode 179 - Chronicle - How Oracles Are Paving the Way to a Truly Decentralized World
Green Pill - Season 6 - Episode 10 - Intents and Incentives W/ Jai
The Giving Block - Episode 25- This Week in Crypto Philanthropy Podcast.
Boys Club MALWARE - Episode 178 - What a new administration could mean for crypto policy with Jake Chervinsky, Chief Legal Officer at Variant
Upcoming spaces to join:
ReFi Podcast- S4 Ep8 Building Bridges Between Regen and Degen is happening TODAY November 15. Episode discussions will happen every week on Fridays at the same time.
Climate Coordination Network X Spaces happen weekly, every Thursday. Learn more and join.
🚀 Opportunities & Calls to Act
Apply: Valora is hiring a Director of Marketing.
Apply: Ripple is hiring a Chief Compliance Officer.
Apply: Crypto Council for Innovation is hiring an Intern, Communications.
Contribute: Breadchain’s Angel Minter Program invites aligned individuals and organizations to mint a minimum of 10,000 BREAD by the end of 2024 to help bootstrap the Breadchain ecosystem. Your contribution will enable Breadchain to build essential infrastructure and applications for a post-capitalist Web3 and you / your organization will join the first Angel Minter’s cohort.
Funding: Crypto For Good Fund IV supports startups and organizations operating in Africa, South and Southeast Asia, Latin America, the Caribbean, the Middle East, Pacific Islands, and Western Balkans, who apply Web3 and blockchain technology to build impactful solutions for underserved populations.
🎪 Events
🆕= New to the roundup this week
Virtual
Maximizing Impact: Optimizing Taxes and Philanthropy with Crypto Tax Girl and Givepact is happening on November 18 in the SheFi Discord. 🆕
IRL
ETHGlobal Bangkok is happening November 15-17 in Bangkok.
Project Liberty’s Summit on the Future of the Internet is happening November 21-22 in Washington DC.
Boston Institutional Digital Assets Forum 2024 is happening December 3 in Boston.
Oasis Oncahin is happening January 30 - February 2 in Nassau, Bahamas.
ETHDenver is happening February 23 - March 2 in Denver.
Recurring
Monthly Earth Day is a global event that happens on the 22nd every month, not just once a year. Get involved on November 22 and share on X to @HighlyArtistic with the hashtag #MonthlyEarthDay.
Hosting an event that you’d like to see listed? Reply here or send us a DM.
📡 On Our Radar
AID:Tech’s Kare Wallet is the first blockchain & crypto wallet designed to help natural disaster survivors in the US.
✨ And One More Thing
