🌍 This Week in Web3forGood
TLDR: Decentralized Governance
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The results from Celo RPGF0 are in. Thank you to the Celo community for recognizing Web3ForGood with 886 Celo, and Congratulations to all the amazing builders who participated in this historic first round 💛💛. It’s an honor to be a part of this community and tell the world what you’re working on. There would be no Web3ForGood newsletter without you - You inspire us everyday!
Notably, compared to some of the other public goods funding rounds we’ve been a part of, this RetroPGF round felt a lot more… chill? That’s a good thing. It means we’re all starting to figure out how to do this public goods funding thing.
wen mass adoption?
WAGMI (we are going to make an impact!)
P.S. Housekeeping Note: Our “Opportunties and Events” section is now two seperate sections, “Opportunities” and “Events.” 😊
What’s Inside
📣 Latest News
🔍 TLDR: Decentralized Governance
📚 What We’re Thinking About
🔈 Podcasts
🚀 Opportunities
🎪 Events
📡 On Our Radar
✨ And one more thing
📣 Latest News
Bitcoin miner Marathon Digital partners with Kenya on renewable energy projects
Celo Integrates the Industry-Standard Chainlink CCIP as Canonical Cross-Chain Infrastructure
Gnosis Pay partners Visa to connect Web3 ecosystems with traditional payments
Uniswap Labs and Across propose standard for cross-chain intents
Global Policy, Regulation, and Adoption News
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Project Updates
🔍TLDR: Decentralized Governance
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.
Today’s topic: Decentralized Governance
Imagine a world where no single entity holds all the power, and everyone gets a say. That’s the beauty of decentralized governance on the blockchain. Let’s break it down. Blockchain is a digital ledger that keeps track of transactions across many computers, making the info secure and unchangeable. Picture it as a chain of blocks, with each block holding some data, all linked together in a secure chain.
Now, when we talk about decentralized governance, we mean that instead of one central authority calling the shots, control is spread out among all users. It’s like a giant digital democracy where everyone has a voice. Decisions about the network are made collectively, thanks to tools like consensus mechanisms and smart contracts. These smart contracts are self-executing agreements written in code that automatically enforce the rules agreed upon by the network’s participants.
One of the coolest things about decentralized governance is the transparency. Every transaction and decision is recorded on the blockchain, so nothing is hidden. Plus, because the information is spread out across the network, it’s super secure and hard for hackers to mess with. Anyone who holds the network’s tokens can join in the decision-making process, usually by voting on proposals either directly on the blockchain (on-chain voting) or off the blockchain (off-chain voting) but still recorded for everyone to see.
There are some amazing benefits to this system. For starters, it’s democratic. Power isn’t concentrated in the hands of a few, but shared among all users. This can lead to more innovative solutions since everyone can propose and vote on new ideas. It also reduces corruption because everything is transparent and recorded. However, there are challenges too, like coordinating a large number of participants and understanding the technical stuff involved. But with real-world examples like Bitcoin and Ethereum showing us how it’s done, and the rise of Decentralized Autonomous Organizations (DAOs), the future of decentralized governance is bright and exciting.
To summarize: decentralized governance on the blockchain is shaking things up by making control more democratic and transparent. While it has its challenges, the benefits are huge, and the potential for innovation is great. So, if you’re into fairness, security, and being part of a digital revolution, decentralized governance is definitely something to be excited about.
📚 What We’re Thinking About
🌱 Stablecoins are fueling the next phase of web3 mass adoption. They are bringing stability to a wild market, ideal for payments, remittances, and savings. (@MentoLabs)
🌴 Cathie Wood thinks El Salvador’s Bitcoin & AI plans could boost the country’s GDP tenfold by 2029. (Cointelegraph)
💪 Clara Tsao, a Founding Officer of Filecoin Foundation, spoke to Project Liberty about how to create an “antifragile” web. (Project Liberty)
🤝 Argentina’s grassroots crypto community is working to establish a “Blockchain Valley” in the nation’s capital. (The Defiant)
🔒 Stablecoins are defense tech. (NFX)
🎨 Layer 2s as cultural extensions of Ethereum. (vitalik)
🔈 Podcasts
Crypto Altruism Podcast Episode 157 - Leveraging NFTs to advance elephant welfare in Thailand
Green Pill Season 4 - Ep. 19 - Artizen.Fund w Rene Pinnell
Green Pill Season 4 - Ep. 20 - Grassroots Economics W/ Will Ruddick
Unchained - Ep. 651 - Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress
Unchained - Ep. 652 - Why Many Democrats, Including the White House, Have Come Around on Crypto
🚀 Opportunities
Apply: cLabs is hiring a Blockchain Core Developer.
Apply: Coinbase is hiring Counsel for Base.
Funding: Blockchain Clubs - Summer Funding on Potlock is a round by Blockchain Acceleration Foundation to fund blockchain clubs in the summer.
Contribute: Filecoin Orbit Community Program is a dedicated community of ambassadors, leading the charge in promoting the revolutionary technology of Filecoin and IPFS.
Contribute: The Regen Ambassador Program from Regen Network rewards community members with $REGEN for learning quests & special projects, like producing a blog or a podcast.
Learn: SheFi empowers professional women to master Web3 in 8 weeks. Applications for Season 11 are now open. Scholarships are available.
Participate: Monthly Earth Day is a global event that happens on the 22nd every month, not just once a year. Get involved on June 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.
🎪 Events
🆕= New to the roundup this week
Virtual
This week’s upcoming X spaces focusing on using Web3 for positive impact in the real world (+ recordings), curated by @civilmonkey. 🆕
The Dark Side Of The Moon - crypto for good use cases is happening May 31. *SheFi community exclusive event*
Closed-Door Meeting: Not All Blockchains are the Same by Global Blockchain Business Council is happening June 13. *must be from a regulator, government agency, central bank, or international standards organizations in order to attend. 🆕
SC07: Consumer Crypto | Demo Day by Seed Club is happening June 20. 🆕
IRL
Reboot The Earth is happening June 3-4 in Addis-Ababa.
Reboot The Earth is happening June 6-7 in Rabat.
The Kenya Blockchain and Crypto Conference 2024 is happening June 6-7 in Nairobi.
Governable Spaces: Democratic Design for Everyday Tech is happening June 8 in San Francisco.
LabWeek Field Building is happening June 10-16 in Healdsburg, CA.
Women in Digital Assets Forum 2024 is happening June 25 in Stamford, CT.
Decipher 2024, a retreat for teams actively building on Algorand, is happening June 26-27 in Barcelona.
Responsible Tech London: A Better Tech Future for Youth is happening June 27 in London. Application required.
SheFi Summit is happening on July 7 in Brussels.
EthCC[7] is happening July 8-11 in Brussels.
FIL Dev Summit @ EthCC is happening July 9 in Brussels.
Funding the Commons is happening July 24-25 in Tokyo.
DWeb Camp is happening August 7-11 in Camp Navarro, CA.
REBOOT: THE NEW REALITY is happening September 4-5 in San Francisco.
📡 On Our Radar
ON AIR is a global community sharing experiences at the intersection of mindfulness, culture and connectivity.
Base BuildHer is a collective of women+ who are shaping the onchain future and bringing the vision of Base to life.
The OP Citizen dashboard maps all active citizens, their roles, and RPGF3 retro rewards earned for their contributions.
Roam is a social onchain browser.
Pretium Finance is revolutionizing how crypto assets are utilized to cover for essential service payments and access loans.
✨ And one more thing
Funding Public Goods through Loans? Glo Dollar breaks down how ReFi Medellín’s lend-to-give model works.