Bringing value to donations by tokenizing the impact from the efforts they help finance & balancing impact accounting

“A good deal of philanthropy arises in general from mere vanity and love of distinction gilded over to others and to themselves with some show of benevolent sentiment.” — Sir Walter Scott

Many people who donate to charity believe it’s important to help people in need. They feel that people should give to others because it’s the right thing to do. However, the psychological origins of wanting, or even needing “to feel what you’re doing is right” can be simplified as pride. This is not to bash on the vanity of philanthropy as much as it is to identify the…


Leveraging Centrifuge’s Tinlake to Bring Decentralized Liquidity to Micro-lending

2020 was arguably the most turbulent year in modern history, with the COVID-19 pandemic claiming over 2.06M lives (at the time of this writing) and much of the world falling into a dystopian, socially distanced, and economically recessed reality. …


How Maker DAO Could’ve Minimized the Harm of Black Thursday

Note: The following brief is simply a thought exercise to determine ways that the Maker Foundation could have avoided (or softened) the impact of “Black Thursday.”

March 12, 2020 is a date known as “Black Thursday” within the crypto-community. On this date, during a global economic recession caused by the worsening of the COVID-19 pandemic, the Maker DAO ecosystem suffered massive CDP (Collateralized Debt Positions) contract liquidations that resulted in protocol losses of 5.67 million DAI. The historic liquidation was due to quick, and precipitous decline in Ether’s (ETH) value…


Design Credit: Caroline Fife MD

Over the past several months amidst the spread of the COVID-19 pandemic, a looming economic recession, and even potential depression have begun to impact those most in need. According to the International Labour Organization (ILO), some 1.6 billion people employed in the informal economy — or nearly half the global workforce — could see their livelihoods destroyed due to the continued decline in working hours brought on by lockdowns to curb the spread of COVID-19 (UN News). Such a massive loss of income for many individuals that are already food and / or housing insecure has caused an increasing strain…


Ending ConsenSys’s social sector journey and beginning anew

Over the past several months, the world has been gravely affected by the COVID-19 pandemic. In the U.S. alone, nearly 22 million people have filed for unemployment in four weeks between mid-March and early April, increasing the unemployment rate past 4.4% after a record of 113 months of employment growth. Many businesses have had to temporarily discontinue their operations, while others have had to completely refocus and reprioritize their business functions. …


How digital cash aid can support millions during a pandemic

As the COVID-19 pandemic continues to worsen, many countries are developing economic stimulus packages to avoid a further dive into what seems will be a global recession until a clear vaccine is developed. Provided the minimum 1-year timeline to develop such a vaccine, governments are once again struggling with an ethical and sociopolitical dilemma that has long plagued politicians — “Who gets money and how much?”

Governments around the globe are scrambling to implement economic stimulus programs designed to keep the world economy from sinking into a depression. …


How the strongest use cases for DeFi and dApps are in the social sector

As the prevalence of blockchain technology continues to increase, we are beginning to see commercial, public, and social sector markets alike transition from a state of education to one of project implementation. Emergent patterns around how the technology is being used and which use cases will most likely scale first are materializing as corporate pilots, NGO case studies, and a litany of emerging technology startups.

The global conversation about blockchain and cryptocurrency technologies is gradually transforming from speculative fear that “cryptocurrency is used for crimes on the dark web” to innovative intrigue that suggests “blockchain is a tool for solution…


The benefits of investing in strategic value over a deal value mindset

Artistic Credit: Mark Wagner

Sustainable economic value creation is vital for a business to survive. To create value, the company must understand what economic advantages it has and accordingly make and implement decisions that ensure a level of profitability that exceeds the cost of the resources used. This underscores the relationship between strategy and economic value creation, however it is not an easy thing to measure in practice (IE Corporate Relations).

For businesses not necessarily focused on social impact or the social sector (one is not the other), the ultimate goal is to execute opportunities with the greatest total value, a sum of both…


ConsenSys’s experiments balancing the bottom line with sustainable, social impact

Impact at ConsenSys

It’s been almost 3 years since ConsenSys began our journey in social impact, and along that journey we have realized our strengths, weaknesses, and future strategies to both empower marginalized communities while maintaining a firm-wide focus on the bottom-line as a startup.

In fact, the very definition of the term “social impact” was somewhat of a divisive issue in the Mesh. Some perspectives held that the term meant any initiative that impacted society more broadly, and could be applied to efforts that don’t necessarily benefit the impoverished, but may improve another aspect of the modern world (i.e. fin-tech innovations, the…

Robert Greenfield IV

CEO of Emerging Impact, Former Head of ConsenSys Social Impact, @Goldman Alum, @Cisco Alum, @TFA Alum, Activist, Intense Autodidact

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