April Highlights: Crypto for Good

All things important that happened in April

This is a monthly digest of all things important that happened in (crypto+good) for April. The month was dominated by network conferences and so a lot of the scoop below is on ecosystem players using crypto for social impact.

---

April Highlights👇

Central Africa Republic (CAR) made Bitcoin a legal tender. This is the second country after El Salvador that made Bitcoin their legal currency. CAR is the second least developed country in the world as per UN and only 10% of the population have access to internet. It’ll be interesting to see bitcoin’s rollout in a country with very few internet users.

At the Bitcoin 2022 Conference the panel on building bitcoin communities provided a glimpse on how Bitcoin is being used for economic and social empowerment of the underbanked.

Lightning Labs builds Taro protocol for fiat currency transfers to Bitcoin. The firm expects Taro to speed up use of Bitcoin payments and transfers among emerging markets.

Pomp 🌪 @APompliano

Lightning Labs just announced a new protocol called Taro. The goal is to build a "new Taproot-powered protocol for issuing assets on the bitcoin blockchain that can be transferred over the Lightning Network for instant, high volume, low fee transactions"

lightning.engineeringAnnouncing Taro: A New Protocol for Multi-Asset Bitcoin and Lightning 🍠💱🌍Today we’re excited to announce Taro, a new Taproot-powered protocol for issuing assets on the bitcoin blockchain that can be transferred over the…

The Ethereum blockchain public good creators and enthusiasts met at the Schelling Point conference in Amsterdam to learn about public good projects, Regenerative Finance (ReFi), Decentralized Science (DeSc), Impact DAOs and more. The link to the youtube playlist here

schelling point ✨ @schellingpoint_

If you miss any of the amazing sessions from Schelling Point Amsterdam, check out this playlist - youtube.com/playlist?list=…

Celo blockchain conference took place in Barcelona. Celo is a purpose driven blockchain with the mission of prosperity for all. Their ecosystem is dominated by players building for social and environmental impact.

Packy McCormick @packyM

Some ReFi Projects on Celo: @IPCTmarket: Decentralized Poverty Alleviation @usevana: Lets people unlock and monetize their data @Kickstarter: a web2 pioneer, embracing web3 & building on Celo @ToucanProtocol: connects carbon markets to web3 @weareflowcarbon: carbon token

Regenerative Finance is the latest buzz in the crypto social good space.

Packy McCormick @packyM

This monster overview on ReFi by @climateXcrypto is the Bible

je.mirror.xyzWhat is ReFi? Part I — A tour through the climate crypto rabbit …Hey there 👋,

A collective of NFT artists formed RELI3F to use NFTs to fundraise for humanitarian aid, they minted their second collection this month and raised $1.5M for Ukrainian aid efforts

Tom Farren ☮️ @tomfarrencrypto

I had a wholesome conversation with @aljaparis @andr3w and @sxtvik on their second NFT drop at @reli3fxyz 25 artists came together to create amazing works for an important cause. support if you have the means 💛💙 cointelegraph.com/news/web3-init…

cointelegraph.comWeb3 initiative Reli3f has raised over $1.5M for Ukrainian aid effortsThe first collection launched on Feb. 25 and raised $1.1 million upon minting. The second collection, released Thursday, raised $260,000 for Ukrainian charities.

---

Top 5 DAO Learnings

I dedicated April to learn about Impact DAOs and had conversations with many impact DAO Founders. Below are my key takeaways 👇

Top 5 DAO Learnings

---

What’s in for May

For May my goal is to do a deep dive into crypto funding landscape for social good. I plan to look at a broad range of financing options. If you have any suggestions or thoughts leave a comment on my Substack or send a DM on Twitter.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.