Episode 51 - GoodDollar - "The time for UBI is now." Using crypto to deliver a Universal Basic Income
05/16/22 • 37 min
In this episode, we welcome Jessica Salama, Community Lead at GoodDollar, a global movement to bring economic opportunity to all. GoodDollar is an anti-poverty protocol and DAO that creates an ongoing money flow of digital basic income that is given away to its members. GoodDollar leverages decentralized finance financial tools to align incentives between those with money and those in need, creating more growth and opportunity for all.
We discuss the synergies that exist between crypto and Universal Basic Income, how crypto can drive greater financial inclusion and economic empowerment, and why the time for UBI is now.
Five Key Takeaways
- The time for UBI is now. There is adequate wealth in the world to ensure everyone can live comfortably - UBI can help make this a reality
- With crypto, anyone with a phone can gain access to financial tools through DeFi
- Every web3 movement needs a solid community to thrive. GoodDollar’s community spans the globe and includes ambassadors, investors, UBI recipients, and more.
- To drive financial inclusion, it’s important to make it as easy as possible for individuals to get involved. GoodDollar offers an easy on-ramp to those who are new to web3 and have traditionally faced financial exclusion.
- Decentralization and web3 enable new opportunities to create “people-powered”, horizontal programs and services that are driven by the communities they serve.
Follow and learn more
Brought to you by: Koinly
Link to Koinly Cryptocurrency Tax Software
*Please note - as an affiliate partner, we get a commission for new subscriptions which goes a long way in supporting Crypto Altruism.
Buy us a coffee!
Enjoy the episode? Crypto Altruism runs on the support of the community. Help us out by buying us a coffee:
Fiat - https://www.buymeacoffee.com/cryptoaltruism
Support us with a small Crypto Donation
ETH(ERC20) - 0xac5C0105914F3afb363699996C9914f193aeDD4A
Other token options available at cryptoaltruism.org/supportus
--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, before making an investment. 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 on the disclaimer at cryptoaltruism.org.
Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.
In this episode, we welcome Jessica Salama, Community Lead at GoodDollar, a global movement to bring economic opportunity to all. GoodDollar is an anti-poverty protocol and DAO that creates an ongoing money flow of digital basic income that is given away to its members. GoodDollar leverages decentralized finance financial tools to align incentives between those with money and those in need, creating more growth and opportunity for all.
We discuss the synergies that exist between crypto and Universal Basic Income, how crypto can drive greater financial inclusion and economic empowerment, and why the time for UBI is now.
Five Key Takeaways
- The time for UBI is now. There is adequate wealth in the world to ensure everyone can live comfortably - UBI can help make this a reality
- With crypto, anyone with a phone can gain access to financial tools through DeFi
- Every web3 movement needs a solid community to thrive. GoodDollar’s community spans the globe and includes ambassadors, investors, UBI recipients, and more.
- To drive financial inclusion, it’s important to make it as easy as possible for individuals to get involved. GoodDollar offers an easy on-ramp to those who are new to web3 and have traditionally faced financial exclusion.
- Decentralization and web3 enable new opportunities to create “people-powered”, horizontal programs and services that are driven by the communities they serve.
Follow and learn more
Brought to you by: Koinly
Link to Koinly Cryptocurrency Tax Software
*Please note - as an affiliate partner, we get a commission for new subscriptions which goes a long way in supporting Crypto Altruism.
Buy us a coffee!
Enjoy the episode? Crypto Altruism runs on the support of the community. Help us out by buying us a coffee:
Fiat - https://www.buymeacoffee.com/cryptoaltruism
Support us with a small Crypto Donation
ETH(ERC20) - 0xac5C0105914F3afb363699996C9914f193aeDD4A
Other token options available at cryptoaltruism.org/supportus
--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, before making an investment. 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 on the disclaimer at cryptoaltruism.org.
Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.
Previous Episode
Episode 50 - Ome NFT - where play-to-earn meets health and social impact
For the 50th episode, we are excited to welcome Ian Chong, CEO and Co-Founder of OSbiome and Ome NFTs, a project dedicated to using web3 and NFTs to encourage healthier living, and to save 1.5 million lives every year.
Ian, alongside his partner Dr Maria, the Chief Technology Office and an award winning & published scientist in the microbiome space, they cofounded OSbiome & Ome NFTs to help make health accessible to everyone. Ome NFT by OSbiome is the world's first Health-to-Earn OG NFT collection. It's a collection of 1,000 unique 3D Omes, which act as your own personal virtual pet on the blockchain. By interacting with it and acting on simple health quests, owners can earn tokens and be rewarded for simply being healthy.
Five Key Takeaways
- NFTs, fused with a play-to-earn approach, can help incentivize users to engage in healthy behaviors, and get rewarded for doing so.
- Web3, by helping decentralize health data, can make health care more accessible for all.
- Millions of lives are lost each year to conditions that can be improved with diet and lifestyle changes. Tokens can be a unique way to encourage healthy activities which can ultimately save lives.
- Successful NFT projects, especially those that follow a play-to-earn model, need to be driven by the community and responsive to community needs.
- Organizations that started as non-web3 companies, can find innovative ways to make use of web3 tools to advance their mission and make it more accessible to all.
Follow and learn more
Buy us a coffee!
Enjoy the episode? Crypto Altruism runs on the support of the community. Help us out by buying us a coffee:
Fiat - https://www.buymeacoffee.com/cryptoaltruism
Support us with a small Crypto Donation
ETH(ERC20) - 0xac5C0105914F3afb363699996C9914f193aeDD4A
Other token options available at cryptoaltruism.org/supportus
Brought to you by: Koinly
Link to Koinly Cryptocurrency Tax Software
*Please note - as an affiliate partner, we get a commission for new subscriptions which goes a long way in supporting Crypto Altruism.
--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, before making an investment. 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 on the disclaimer at cryptoaltruism.org.
Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.
Next Episode
Episode 52 - Favrit & Kindred Hearts - NFTs to drive financial inclusion and social change
In this episode we welcome Johnny Utah, the Founder of Favrit, a web3 organization with a mission to financially empower under-resourced communities and causes with art, cryptocurrency, and NFTs. Favrit is driven by the collective desire to affect positive social change through financial inclusion and empowerment. In this episode, we discuss their inaugural NFT project, Kindred Hearts, and how NFTs and web3 can drive financial inclusion and social change, and build stronger communities.
Five Key Takeaways
- It’s all about the team – any web3 project, including Favrit and Kindred Hearts, is driven by a team of talented individuals, which acts as the foundation. It’s important to build out this foundation as a first step.
- There is a lot of virtue signaling in the web3 space. It is important to seek out projects where social impact is core to the mission, and not just an after thought.
- NFTs and crypto can help level the playing field by providing new opportunities for creators, and greater accessibility to financial services for those who have traditionally been excluded.
- Web3 is all about community – it’s important to build a strong, unified community of support around your project.
- Web3 projects must stay true to their North Star
Follow and learn more
Follow Kindred Hearts on Twitter
Buy us a coffee!
Enjoy the episode? Help us out by buying us a coffee:
Fiat - https://www.buymeacoffee.com/cryptoaltruism
Support us with a small Crypto Donation
ETH(ERC20) - 0xac5C0105914F3afb363699996C9914f193aeDD4A
Other token options available at cryptoaltruism.org/supportus
--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, before making an investment. 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 on the disclaimer at cryptoaltruism.org.
Please note: the Founder of Crypto Altruism is a holder of Kindred Hearts NFTs.
Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/crypto-altruists-real-world-stories-of-social-and-environmental-impact-241478/episode-51-gooddollar-the-time-for-ubi-is-now-using-crypto-to-deliver-26866789"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to episode 51 - gooddollar - "the time for ubi is now." using crypto to deliver a universal basic income on goodpods" style="width: 225px" /> </a>
Copy