34/This Week in Web3forGood
🌍 Web3 Could Connect 1.1 Billion People To Global Finance
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This week in Web3ForGood: global news from India, the UK, Botswana; Global Income Coin and Verra are hiring; givepact is hosting a crypto fundraising crash course for nonprofits; Mercy Corp Ventures, Regen Foundation, and The Climate Collective are talking about the ReFi revolution, and more.
Plus, Sam’s article about how Web3 tech could connect 1.1 billion people all over the word to the global financial system was published by BFF this week, *and* Abeera is home in Pakistan for the first time in almost three years (!!).
We have a lot to be excited about this week. As always, thanks for being hereand being a part of it.
WAGMI (we are going to make an impact)
What’s Inside
🌊 How Web3 Tech Could Connect 1.1 Billion People To Global Finance
🕊 Tweets of the Week
📣 Latest News
📚 What We’re Thinking About
🚀 Opportunities
📡 On Our Radar
✨ And one more thing
🌊How Web3 Tech Could Connect 1.1 Billion People To The Global Financial System
Mention Web3 and wealth creation, and most picture a bunch of dudes trading pictures of monkeys, seemingly creating money out of thin air. This narrative, dominant in the mainstream, can be a huge turnoff for the uninitiated.
It’s true, Web3, especially NFTs and cryptocurrency, has generated a significant amount of wealth amongst a small group of people, but the money itself is not what’s inherently bad; it’s the inequality of its distribution. Imagine a world where wealth is created at scale and distributed directly to the billions of people all around the world living in extreme poverty who need it most.
Thanks to Web3, this is now possible.
🕊 Tweet of the Week
📣 Latest News
Near Project to Wind Down its Terra-Like Stablecoin to avoid another LUNA debacle
Filecoin Green Launches CO2.Storage: the Web3 Data Storage Solution for Carbon Offsets
The Giving Block and Tiltify Announce First-Ever Peer-to-Peer Crypto Fundraising Integration
Web3 to inject $1.1T in India’s GDP by 2032, following 37x growth since 2020
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
Nearly Half of Younger People Want Crypto Exposure in 401(k)s, Schwab Study Says
📚 What We’re Thinking About
The 2022 Geography of Cryptocurrency Report: Emerging markets lead in grassroots adoption, China remains active despite ban, and crypto fundamentals appear healthy + everything you need to know about crypto adoption around the globe. (Chainalysis)
For climate tech founders raising funds and ecosystem players this incredible resource helps identify gaps and ways to bridge them. (Climate Tech VC)
The latest ReFi podcast dives into the mission of Flowcarbon, market challenges, next moves, and a new era of carbon markets. (ReFi podcast)
Nirvaan Ranganathan of the Climate Collective dives into inter and interoperability across the Web3 x climate space. (Climate Collective)
Through a new collaboration with Astar Japan Labs, the city of Fukuoka aims to become the Web3 hub of the country, akin to Silicon Valley. (CoinTelegraph)
How Web3 Can Make Education Equitable, Efficient And Personalised. (Inc42)
Erin Murphy, Chief Growth Officer at Topl, on how blockchain & Web3 can drive sustainable innovation & help organizations grow their impact. (Crypto Altriusm Podcast)
What a Web3 Hackathon Teaches Us About Diversity in Crypto: CRADL’s Katherine Paseman helped organize a new type of crypto bootcamp, helping founders address social, environmental, and justice issues around the world. (CoinDesk)
This paper assesses the technology level for 39 organizations developing blockchain solutions for carbon markets - key technical, infrastructural, and regulatory barriers are identified. (One Earth)
“The Crypto Story” aka the ultimate crypto article to send to your skeptical friend. (Bloomberg)
To date, over $1.8bn worth of royalties have been paid out to creators of Ethereum-based NFT collections. But for some, royalties are still up for debate. (Galaxy Research)
The State of Filecoin, Q3 2022. (Messari)
NFTs are cool… as long as we don’t call them NFTs? (Blockworks)
Ethereum is being used to cure cancer. Really. (@metav3rse)
🚀 Opportunities:
Apply: Global Income Coin is hiring for a ton of roles across Communications, Growth, Legal, Community, Partnerships, Finance, Data, Talent, and more.
Apply: Verra is hiring for more than 20 full-time remote job openings focusing on environment, sustainability, and climate. .
Apply: The Radius Fellowship is a protocol-specific, cohort-based, part-time program. If accepted, you’ll join 30 builders for a deep dive into creating smart contracts with provable storage on Filecoin’s new virtual machine.
Apply: Crypto Startup School is a twelve-week accelerator run by a16z crypto
Attend: The Blockchain and Social Impact Summit is happening this Saturday, October 29, in Abuja, Nigeria.
Attend: The 2nd Nounish Clean Up in Africa is going to take place in Kiambu, Nairobi, Kenya on October 29th.
Attend: Mercy Corps Ventures first Twitter space with the Regen Foundation and Climate Collective is happening on October 31st. Learn about the ReFi revolution and why it matters.
Attend: givepact is hosting Crypto Fundraising Crash Course for Nonprofits on Wednesday November 2.
Attend: Flori Ventures Web 3.0xClimate Showcase is happening on November 16.
Hack: Reserve Protocol Hackathon is happening now — December 7.
Subscribe: Fracton Ventures has launched ReFi Japan.
📡 On Our Radar
Moments of Space is building a community-powered meditation platform to support wellbeing in web3
Gratitude Hotels is building an NFT-gated hotel that aims to give back to less fortunate communities. The first property is in Costa Rica.
GoodDollar has a marketplace, the largest online community to buy products with G$. You can even use your GoodDollars to book one-on-one career advice with Co-Founder Anna Stone.
Global Income Coin is a stablecoin that lifts people out of extreme poverty.
CommonValue uses the power of Web3 to foster development projects as sustainable communities, rewarding their members, incentivizing their participation, and creating shared ownership.
✨ And one more thing
Stay up to date on all the Web3 events happening year-round around the world with this thorough calendar from Crypto Nomads Club. What events do you want to see Web3ForGood at next?