🌍 This Week in Web3forGood
Summer of Funding
gm gm,
Another round of Retro Funding has come to a successful close, with 207 projects awarded in Optimism’s Round 4.
Don’t worry, there’s still more funding opps happening this summer. Gitcoin Grants 21 is coming August 7-21. Not sure how to get involved? Crypto Altruism made a brief overview of Gitcoin Grants and Passport that explains why you should consider participating in the upcoming round as a grantee or community member.
Already a grants veteran? Join the group chat.
WAGMI (we are going to make an impact!)
What’s Inside
📣 Latest News
🔍 TLDR
📚 What We’re Thinking About
🔈 Podcasts
🚀 Opportunities
🎪 Events
📡 On Our Radar
✨ And one more thing
📣 Latest News
State Street Said to Explore Creating Stablecoin, Deposit Token
Uniswap Labs Launches Uniswap Extension with Sidebar, Supporting 11 Blockchains
Global Policy, Regulation, and Adoption News
Stripe to allow European customers to purchase Bitcoin & crypto using their credit or debit cards.
Blockchain friendly Roberta Metsola reelected as EU Parliament President
Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Project Updates
🔍TLDR: Proof of Stake
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.
Proof of Stake (PoS) is a cool way that some cryptocurrencies, including Ethereum, keep things secure and verify transactions. In PoS, instead of using lots of computer power to solve puzzles (like in Proof of Work) or relying on a central authority like a bank (like traditional banking), people use their Ethereum (ETH) to help secure the network.
Here's how it works: People, called validators, lock up some of their cryptocurrency as a guarantee of their honesty. This is called staking. By doing this, they get chosen to help validate transactions and add new blocks to the Ethereum blockchain. Think of it like being a trusted club member who helps keep everything running smoothly. In return for their help, people earn rewards, like getting more ETH.
Why is Proof of Stake so awesome? First off, it’s much more energy-efficient than its older cousin, Proof of Work (PoW), which requires tons of electricity and computing power. PoS is better for the environment because it uses less energy and allows more people to participate in keeping the network secure. PoS is also super secure because validators have a financial incentive to play fair – if they don’t, they could lose their staked coins. Plus, it encourages decentralization by allowing lots of people to participate in securing the network, making it more resilient and democratic.
TLDR: Ethereum's Proof of Stake allows users to lock up their ETH to help secure the network, validate transactions, and earn rewards, offering an energy-efficient and inclusive alternative to Proof of Work.
📚 What We’re Thinking About
✅ Against choosing your political allegiances based on who is “pro-crypto”. (Vitalik Buterin)
👭 Equity and Inclusion in Web3: The experiences of underrepresented builders. (Crypto Council for Innovation)
🌱 Transforming Lending in Emerging Markets: The Power of Local Stablecoins and the Microcredit Use Case. (Cfc St. Moritz)
💻 DePIN for everyone: How modular infrastructures enable broader adoption. (Cointelegraph)
🔗 EU blockchain projects have transitioned from hype to practical applications, enhancing various industries and public sector efficiency. (INATBA)
🐘 'It's a Bitcoin Play': Mark Cuban Says Silicon Valley's Embrace of Trump Revolves Around Crypto. (CoinDesk)
🎉 Public Goods Funding MUST be Evolutionary! (owocki)
🔍 What’s the impact of Retro Funding so far? (Open Source Observer)
🎤 Mento airdrop and governance AMA with Mento Labs founders. (Mento Labs)
👎 Meta is training AI with public Instagram posts. Artists in Latin America can’t opt out. (Rest of the World)
🔈 Podcasts
Crypto Altruism Podcast - Episode 163 - LottoPGF – Unifying degens and regens as a force for public goods
ReFi DAO Podcast - Season 3 BONUS Episode - ReFi Medellín with Tereza Bízková and Juan Giraldo
🚀 Opportunities
Apply: SheFi is hiring a Chief of Staff for founder Maggie Love.
Apply: Gitcoin is hiring a Social Media Manager, Grants Program Coordinator, and a Director of Engineering, Gitcoin Labs.
Apply: Metalabel is hiring a Creator Liaison.
Funding: Mercy Corps Ventures has a call for proposals focused on Artificial Intelligence (AI) for Climate Resilience. Apply by July 21.
Speak: Speaker applications for Devcon 2024 close July 30.
Learn: The Afro Bitcoin Fellowship covers all expenses for the selected young developers, including travel and accommodation, allowing them to attend the Africa Bitcoin Conference without financial burden.
Join: If you’ve been a public good donor, join this group chat.
🎪 Events
🆕= New to the roundup this week
Virtual
Webinar: Intersections of Digital Infrastructure and Carbon Removal is happening July 25. 🆕
Build with Celo - Winner Announcement and Closing Ceremony is happening July 25. 🆕
Veiovia Mindshare Series 2 is happening August 2.
Onchain Giving Summit is happening August 13-16. 🆕
IRL
Group Income Launch Party at the Internet Archive is happening July 21 in San Francisco.
All Tech Is Human's Responsible Tech Mixer is happening July 22 in NYC.
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.
FWB FEST is happening August 1-3 in Idyllwild, CA. 🆕
A Public Goods Soiree is happening August 7 in NYC. DM for details. 🆕
DWeb Camp is happening August 7-11 in Camp Navarro, CA.
REBOOT: THE NEW REALITY is happening September 4-5 in San Francisco.
Funding the Commons and Earth Commons are hosting a month-long Public Goods x Climate Builder Residency this October in Chiang Mai.
Network Society Camp is happening October 11-14 in Austin, Texas.
The SolarPunk Summit is happening October 17-21 in Kingsbury, Texas.
Recurring
Climate Coordination Network X Spaces happen weekly, every Thursday.
Upcoming fairly regen aligned spaces & IRL events focusing on using Web3 for positive impact in the real world (+ recordings), curated by @civilmonkey.
Monthly Earth Day is a global event that happens on the 22nd every month, not just once a year. Get involved on July 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
Democracy’s Library by Internet Archive is a free, open, online compendium of government research and publications from around the world.
“Impact Networks: How Crypto is Being Used To Regnerate the world” showcases tangible ways crypto is being used to create positive sum outcomes. Readers will go be taken on a journey of the diverse networks of communities behind regen web3.
✨ And one more thing
