🌍 This Week in Web3forGood
Dropping: Prices, Lawsuits
gm gm,
Crypto prices are dropping, but so are the SEC lawsuits—so what does that mean for the future of Web3? The wild swings of this space have always kept us on our toes, but beyond the market drama, there's a deeper question: how do we keep building Web3 for good? From decentralized social networks to financial inclusion, privacy tech, and community-led funding, the opportunities to reshape the internet for impact are bigger than ever.
Let’s cut through the noise and focus on what really matters.
WAGMI (we are going to make an impact!)
P.S. Happy ETHDenver week to all who celebrate. Someone tell us how Schelling Point went. We have FOMO.
What’s Inside
📣 Latest News
📚 What We’re Thinking About
🔈 Podcasts & Spaces
🚀 Opportunities & Calls to Act
🎪 Events
📡 On Our Radar
✨ And one more thing
📣 Latest News
GoodDollar Launched GoodBuilders: The First Initiative of the $250K GoodDollar Ecosystem Fund
KlimaDAO commits $250k to purchase forward carbon credits from the GRO foundation
Bank of America to launch USD-pegged crypto stablecoin if lawmakers pass legislation
Avalanche Visa Card Goes Live Aiming to Further the Mass Adoption of Crypto
Global Dollar (USDG) Stablecoin Now Available on Solana Blockchain
Global Policy, Regulation, and Adoption News
Dubai recognizes USDC, EURC as first stablecoins under token regime
Texas Business & Commerce Committee passes Strategic Bitcoin Reserve bill, advances to Senate floor
Project Updates
📚 What We’re Thinking About
🪙 Stablecoins:
They took center stage at the Senate's First Digital Assets Subcommittee Hearing. (CoinDesk). All over the world, policymakers are rushing to keep up. (The Economist). Kraken might make their own, after preparing to withdraw USDT from Europe in response to the MiCA law (“a strategic move that could reshape the stablecoin market and challenge Tether’s hegemony” (CoinTribune). Bank of America wants to make BofA Coin. Meanwhile, in the US, the CEO of Circle (a US company and issuer of USDC) wants US dollar-pegged stablecoins to be registered in the US (CryptoSlate). Um, regulatory capture much? (@pythianism)
👾 The Bybit Hack:
Last weekend, a group of hackers stole $1.4 billion of Ethereum from a Bybit cold wallet (yes, billion with a “b”) - the biggest crypt hack ever (BBC). The FBI has already linked it to North Korea (no surprise, for people familiar with the space). (CryptoSlate). The whole thing has brought up a lot of questions about security and fault, (Eliézer Ndinga) and some builders are already thinking about what they can do about it (The Block). There’s a 10% bounty for help tracing and returning the stolen funds (Tech Crunch). It’s like Crypto the Game IRL. Can the chronically-online crypto community come together and do what it does best?
🔗 Elon Musk’s plan to run the government on blockchain:
Insane? Efficient? Transparent? At the very least, Musk could learn a lot from the European Blockchain Services Infrastructure (EBSI), a public, permissioned blockchain network built on Hyperledger BESU. Still, though “Blockchain technology has the potential to improve government operations through the application of its core strengths of immutability, transparency and decentralized verification. […] it’s not a silver bullet.” (MAGAZINE by Cointelegraph)
🧑⚖️ The SEC:
It’s been busy dropping lawsuits. Lots and lots of dropped lawsuits. This week alone, Uniswap, Robinhood, Coinbase, Gemini, and OpenSea all breathed a sigh of relief. (Coindesk, CNBC, Reuters, @WatcherGuru, Bloomberg Tax). Plus, Is the SEC About to Reverse its Position on Howey? A group of lawyers made the case to re-interpret how securities laws apply to crypto before the SEC Crypto Task Force (Unchained). Is the industry finally getting the regulation that we’ve been so desperately asking for? At the very least, the clarity of direction is there.
📜 All of the US State Bitcoin Reserve Bills we’ve been sharing:
Last month, it seemed like every week we had multiple links to share about US states and Bitcoin reserve bills. Not so fast though. “Five states have so far blocked Bitcoin reserve bills, stalling efforts to integrate digital assets into public finance” (Decrypt). Not in Oklahoma though (CryptoSlate). Or Texas (@WatcherGuru).
🌱 The One Thing Holding ReFi Back in Latin America:
Tereza Bizkova questioned why ReFi hasn't been more successful in the region despite a clear need for ecological and social regeneration, while eloquently illustrating “the fundamental gap between the technology being built and the communities it’s meant to serve” (CARBON Copy).
Plus:
🤖 Why data is one of the biggest challenges to leveraging AI for social good—and how the social sector can address it. (Stanford Social Innovation Review)
📂 How Solana uses Filecoin for Decentralized Storage. (@colinevran)
🌳 Digital Commons and Digital Public Goods – Finding Common Ground for Policymakers. (Digital Public Goods Alliance)
🔈 Podcasts & Spaces
Crypto Altruists Podcast - Episode 193 - Vechain - From Greenwashing to Proof: Tokenizing ESG and Real-World Impact with Blockchain
The Blockchain Socialist - How to Build Community in Crypto with Beth McCarthy of Funding the Commons
🚀 Opportunities & Calls to Act
Apply: The Ethereum Foundation (EF) is hiring a Social Media Manager.
Apply: Optimism is hiring a Brand Design Lead.
Tokenize your impact: Regen Bazaar is searching for NGO and community partners to share information about the action results they achieve in order to create tokenized Impact Products that can be sold on their marketplace to generate revenue for these partners.
Support: Gitcoin’s Avalanche Dual Fund supports projects shaping the Avalanche ecosystem. Your donations get matched, making an even bigger impact.
Funding: Giveth’s ENS x Octant Public Goods Round offers an $80K USDC matching pool for Web3 projects building “strong infra, seamless utility, & accessible education.”
Funding: The GoodBuilders Program from GoodDollar is a year-long initiative offering over $220,000 in rewards for building with G$, distributed over 3 rounds this year.
🎪 Events
🆕= New to the roundup this week
Virtual
The ReFi Weekly with Trinity Morphy happens every Friday on X. Tune in to hear Trinity talk ReFi with some of the space's most influential names.
Climate Coordination Network is partnering with Octant for Epoch 7 Climate Round and will be hosting X Spaces spotlighting various projects over the next few weeks (the first was yesterday with Kokonut Network - listen to the replay). Keep an eye out for an announcement for dates/times for the series from @climate_program.
@civilmonkey’s Curated X Spaces focus on using Web3 for positive impact in the real world (+ recordings).
IRL
Policy Week by Blockchain APAC is happening March 10-14 in Sydney.
Ethereum San Francisco Week 2025 is happening March 10-16 across San Francisco.
<d/acc day> is happening March 13 in Berkeley, CA.
Funding the Commons is happening March 15 in San Francisco.
2025 Decentralized Tech Summit is happening April 2 in Washington D.C.
Paris Blockchain Week is happening April 8-10 in Paris.
FIL Dev Summit 6 is happening May 12-13 in Toronto.
All Tech Is Human x Consulate General of Finland New York will host a curated gathering on strengthening multistakeholder collaboration in Responsible AI on May 21st in NYC.
Collaborative Finance Gathering is happening June 16-20 at The Commons Hub in Austria.
ETHSafari 2025 is happening September 7-14 in Nairobi.
Recurring
Monthly Earth Day is a global event that happens on the 22nd every month, not just once a year. Get involved next on March 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
Self.xyz is a biometric passport which allows you to prove your identity without a counterparty.
Pump For Good’s vision is to make social impact the ultimate alpha - where the smartest trades also do good for the world.
Regen Bazaar facilitates the tokenization and sale of Real World Impact (RWI).
Global Dollar Network is an open network to accelerate and reward stablecoin adoption, powered by Global Dollar (USDG).
Purpose for Profit is the world’s first on-chain endowment and tokenized credit fund for Environmental Social Governance (ESG) initiatives.
Open Sustainable Technology is a directory and analysis of the open source ecosystem in the areas of climate change, sustainable energy, biodiversity and natural resources.
DIMO is a universal car app that makes your car smarter. Get real-time insights, access a growing ecosystem of apps, and earn weekly rewards—all while keeping your driving data private and secure.
✨ And One More Thing
Global Blockchain Business Council created this useful infographic as part of their “Just the Facts” series.
