Crypto Altruism Podcast Episode 114 - Givepact - Reimagining donor engagement with crypto, proof of impact NFTs, and DAOs
In episode 114, we’re excited to welcome Alicia Cepeda Maule and Steven Aguiar of Givepact, a crypto philanthropy platform that allows individuals to support the causes they care about while joining a donor-led social impact DAO. We discuss how Web3 tools can address the pain points felt by nonprofits, using proof of impact NFTs to recognize donors, the power of DAOs as a new tool to build community and engage donors, and more.
Three Key Takeaways
Web3 can help reimagine how we engage donors, growing the relationship from one that is passive and transactional, to one where donors play an active role in the organization’s activities and governance.
Proof of Impact NFTs are a valuable tool to recognize donor contributions, creating a transparent on-chain record of donations while gamifying the donation process and incentivizing donors to continue giving.
Decentralized Autonomous Organizations (DAOs) create opportunities to democratize decision making amongst the community and build a strong community of champions for charitable causes.
Follow Alicia, Steven, and Givepact
Episode Time Stamps
02:25 - What was your “Ah hah” moment that got you excited about cryptocurrency and web3 in the beginning?
06:35 - You have extensive experience in the nonprofit sector, including working with the Innocence Project for many years. In your experience, what are some of the common pain points nonprofits face, that Web3 can help address?
09:05 - Walk me through the process of donating via Givepact, from making the initial donation in crypto, to the donation being cashed out in USD To the nonprofit, and everything in between.
13:35 - I understand that by donating, donors are eligible to receive a proof of donation NFT. Tell me more about this.
17:55 - I understand that you are building a social impact DAO (Decentralized Autonomous Organization) that allows the community to fund projects and participate in Givepact’s governance. Tell me more about this.
21:35 - Why are DAOs such a powerful tool for building movements of change?
24:55 - Web3 is still in its early stages – and one criticism is that it is still inaccessible to many nonprofits who don’t have the technical knowledge of Web3. What steps need to be taken to make it easier for nonprofits to engage with Web3?
28:10 - Beyond crypto philanthropy – what are some of the other ways nonprofits and changemakers can leverage Web3 to grow their impact?
33:05 - What’s the best way for listeners to learn more about Givepact?
33:55 - To wrap things up, if you could name one thing that excites you most about the social impact potential of web3, what would it be and why?
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DISCLAIMER
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More available HERE.
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