🌍 This Week in Web3forGood
GG22 🫶, Crypto for Good Campaign 🚀, Self Custody 🪪
gm gm,
This week GG22 is live so go ahead and donate to support the projects that you care about 🫶. GG22, or Gitcoin Grants Round 22, “is your chance to shape the future by Funding What Matters.” This round is open until November 6.
Speaking of giving, continue channeling your giving spirit into The Giving Block’s Crypto For Good campaign. They’ve already raised over $190 million in donations, and their goal is to reach $200 millon by the end of 2024, — let’s make it happen 🚀.
Today, we’re spotlighting self-custody—an essential pillar of Web3. As the world moves towards decentralization, managing your digital assets without intermediaries is becoming more critical than ever. It’s empowering but comes with the responsibility to protect your keys like you would your passport 🪪.
WAGMI (we are going to make an impact!)
What’s Inside
📣 Latest News
🔍 TLDR: Self-Custody
📚 What We’re Thinking About
🔈 Podcasts & Spaces
🚀 Opportunities
🎪 Events
📡 On Our Radar
✨ And one more thing
📣 Latest News
The Giving Block reaches $250 Million in donations for hurricane relief efforts
Cryptocurrency donations for the 2024 US election surpass $190 million
Kraken, announces its new L2 'Ink' today with plans to launch in 2025
Ethereum’s Verge roadmap could enable ‘stateless clients’ for block verification on everyday devices
Worldcoin Rebrands as "World," Expanding Partnerships and Biometric Technology * (Editor’s Note: We know Worldcoin is controversial, but this update is newsworthy.)
Global Policy, Regulation, and Adoption News
UK crypto rules unclear for firms avoiding Europe’s MiCA regulation
Vietnam releases blockchain strategy, aims for regional leadership
Buenos Aires rolls out blockchain-based ID for 3.6M residents
EURC stablecoin supply hits all-time high as market cap approaches $100 million
El Salvador president Nayib Bukele donates 2 Bitcoin towards building 1,000 schools in Honduras
Project Updates
🔍TLDR: Self-Custody
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.
Self-custody means you are fully in control of your own cryptocurrency or digital assets—no third party or intermediary like a bank or exchange holds it for you. Instead, you manage it directly using a private key, which is a special code that only you have. This key gives you access to your funds and allows you to send or receive assets as needed.
Since you’re in control, you don’t have to worry about someone else mismanaging or losing your assets. However, the responsibility is entirely on you to keep your private key safe. If you lose it, there’s no recovery option—your funds are gone forever. It’s like being your own bank, with full control but also full responsibility.
Self-custody is important because it gives you true ownership of your digital assets without relying on a centralized authority. It promotes financial independence and ensures that no one else can freeze, censor, or access your funds without your permission.
TLDR: Self-custody means you control your own cryptocurrency by managing your private key, promoting true ownership and financial independence but requiring careful responsibility to avoid losing access to your assets.
📚 What We’re Thinking About
🪪 Self-Sovereign identity: Supremacy over your own digital identity- should you care? (Veiovia)
🪙 International agencies report on tokenization to G20 officials: The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges. (Cointelegraph)
🚀 The Stablecoin Boom and the 6th Anniversary of USDC Launching: A Short History. (@jerallaire)
👾 Blockchain can help fight AI fakes in crypto airdrops and elections. (Cointelegraph)
🌱 Common Grounding: Bringing climate tech back down to earth. (Reboot)
👥 Online Safety and the “Great Decentralization” – The Perils and Promises of Federated Social Media. (Tech Policy Press)
⌚ Vitalik Buterin said fully verifying the chain should be so computationally affordable that even a smart watch can do it by default. (Unchained)
🔎 Analysis of Optimism’s Retro Funding 5 results. (Open Source Observer)
🔈 Podcasts & Spaces
ReFi Podcast - Season 4 The Regeneration Nexus - Episode 5 - Investing in Forests with Pete Corke | S4E5: Regeneration Nexus
Crypto Altruism Podcast - Episode 177 - Blockchain-Powered Anticipatory Cash Transfers for Climate Shocks, ft. Shamba Network, Fortune Credit, and DIVA Donate
Green Pill - Season 6 - Episode 7 - Novel Funding Mechanisms W/Skeletor & Alps
The Giving Block - Episode 22- This Week in Crypto Philanthropy Podcast.
Boys Club - Episode 173 - Feelings Check-In on a16z's State of Crypto 2024 report with Evin McMullen, co-founder of Privado ID
Upcming spaces to join:
ReFi Podcast- S4 Ep5 Community Discussion- Investing in Forests is happening TODAY October 25. 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.
@civilmonkey’s Curated X Spaces focus on using Web3 for positive impact in the real world (+ recordings). Learn more and join.
🚀 Opportunities & Calls to Act
Apply: Arbitrum Foundation is hiring a Head of Governance.
Apply: Ghost is hiring a Chief of Staff.
Learn IRL: SheFi is giving away free tickets to SheFi Summit Bangkok to Web3 organizations powered by women.
Funding: Optimism Microgrants for Experimental Projects fund experimental project on OP Mainnet.
Funding: Blueprint Cohort 2 will fund 10 creators with up to $300k and show them how to go viral onchain to hit the 100 ETH Club.
Grow: The Responsible Tech Mentorship Program is a free program that helps build the Responsible Tech pipeline by facilitating connections and career development among people trying to break into the field, career changers, and practitioners.
Win: Save, win, and support public goods with PoolTogether's new charity prize vault.
🎪 Events
🆕= New to the roundup this week
Virtual
Blockchain4Good’s Virtual Summit is happening October 30 and 31.
MiCA Applied to the Celo Ecosystem Workshop is happening October 31.
Raising Funds for Web3 Workshop is happening November 7.
IRL
Filecoin Hacker House is happening October 26 in Chiang Mai.
Building on Celo Layer 2 Testnet and MiniPay is happening October 26 in Nairobi. 🆕
IMPACT FESTIVAL, Europe’s biggest B2B event for sustainable innovation, is happening October 30-31 in Frankfurt, Germany.
NYU Blockchain Conference is happening November 1 in New York.
FIL Dev Summit 5 is happening November 6-8 in Bangkok.
Funding the Commons Hackathon In-Person Build Sessions are happening November 6-7 in Bangkok.🆕
Funding the Commons Design Jam is happening November 6-7 in Bangkok. 🆕
LabWeek Web3 is happening November 7-13 in Bangkok.
LabWeek Opening Party is happening November 7 in Bangkok.
Funding the Commons x Earth Commons Bangkok is happening November 8-9 in Bangkok.
Settlement Day is hosted by Celo Foundation happening November 11 in Bangkok.
FIL Bangkok: DePIN Meets AI is happening November 11 in Bangkok.
Code n' Corgi: Filecoin Builders Night is happening November 13 in Bangkok. 🆕
ETHGlobal Bangkok is happening November 15-17 in Bangkok.
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
Open Source Observer is a free analytics suite that helps funders measure the impact of open source software contributions to the health of their ecosystem.
Resistance Money: A Philosophical Case for Bitcoin offers a framework for evaluating bitcoin from a global perspective and uses it to examine bitcoin’s monetary policy, censorship-resistance, privacy, inclusion, and energy use. The book develops a comprehensive and measured case that bitcoin is a net benefit to the world, despite its imperfections. Resistance Money is intended for all, from the clueless to the specialist, from the proponent to the die-hard skeptic, and everyone in between.
✨ And One More Thing
