Interview: Drew Simon on
B.L. Ochman & Drew Simon discuss the thousands of ways that #cryptocurrency & #blockchain are being used for global social impact.
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Among the topics we discuss:
Major charities including American Cancer Society, UNICEF, Save the Children and hundreds of others are using #blockchain and #crypto currency for global projects.
Mainstream media's false narrative about #blockchain & crypto
Ways crypto is revolutionizing fundraising & aid distribution
How to learn about about #blockchain for good
0:00 Welcome to the Beyond Social Media Show, I'm B.L Ochman.
0:24 I'm here today with Drew Simon, to discuss using crypto for social impact.
0:36 Drew is founder of Crypto Altruism, dedicated to communicating crypto social impact use cases
1:57 Media creates negative perceptions about crypto.
2:13 Crypto is revolutionizing charity fundraising
2:45 Crypto and blockchain are a generational disrupter
3:40 There are hundreds of amazing projects underway already
3:57 UNICEF uses blockchain and crypto to create accessible financial services
4:34 The Giving Block will distribute a billion in crypto donations to charities in 2022
4:56 Impact Market is a decentralized poverty elimination platform using crypto
5:12 Donating with crypto brings a new base of donors
5:49 Save the Children, American Cancer Society, United Way accept crypto
6:05 Helping marketers understand crypto
6:34 The basis of crypto is blockchain tamper-proof network
6:53 Miners on the blockchain verify each transaction
7:19 Charities use cryptocurrency donations in several ways
8:11 Crypto is simply another way to accept and spend funds
8:35 A new generation of donors embrace the transparency of crypto
9:26 Accepting crypto shows charity’s belief in innovation
9:59 What fees are there for using crypto?
10:18 Fees are lower than credit card and other processing fees
10:51 What roles are NFTs playing?
10:54 NFTs are also used in fundraising
11:19 Some famous NFT artists sell their work as NFTs and donate the proceeds
11:39 NFTs for Good donated about $80K to an anti-hate group
13:07 Tom Herman gamified NFTs for voluntary carbon offsets
13:27 Media is not covering this area, which is alarming
14:06 A lot of good is being done and yet media focuses on perceived negative aspects
14:39 Drew recommends book, Bitcoin in the Future of Fundraising
15:30 Code to Inspire is an amazing crypto charity in Afghanistan
16:05 In their school for girls, curriculum includes blockchain and coding.
16:17 UNICEF, Save the Children use crypto to fund many projects
17:09 World Food Program uses crypto to deliver aid directly to refugees
17:36 Syrian refugees can purchase groceries with crypto
18:07 Innovative startups use blockchain tech to provide direct aid
18:45 Crypto is used to prevent counterfeit medication distribution
19:12 Blockchain is used to make supply chains more efficient
19:28 Blockchain is used to monitor the fishing industry
19:51 Blockchain is essentially tamper proof
20:05 There are blockchain organizations at every step of the supply chain
20:36 V Chain uses the blockchain to track removal of ocean plastic
21:22 What’s a DAO?
21:49 DAOs are member-driven organizations driven by blockchain protocol
22:23 People interested in a DAO's mission can purchase its tokens
22:45 DAO can sell a token that supports a cause and members vote on use
23:20 Some DAOs raise funds for charity; some are VCs or think tanks
24:12 DAOs are very hard to manipulate
24:55 How to increase focus on crypto for good?
25:13 Media needs to cover the positive aspects, not just investors
25:39 Media needs to shine a light on the good being done with crypto
26:00 Benefits of blockchain and crypto outweigh the negatives
26:19 The UN says crypto can help combat climate change
26:50 The intersection between tech and social impact is growing
27:08 Where to learn about crypto
27:52 CryptoAltruism.org is bringing news of crypto’s social impact to light
29:02 Dig in, read and learn
Drew Simon:
Website: cryptoaltruism.org
Twitter Handle: @Crypto_Altruism
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