Episode 109 - Angel Giving - Crypto philanthropy through the highs and lows of Web3

In episode 109, we’re excited to welcome Chauncey St. John, Founder of Angel Giving, a web3 platform with a mission to democratize access to growth funds so any nonprofit organization can achieve a more secure financial future. We discuss how Web3 can improve charitable endowments and other giving tools, navigating the highs and lows of Web3 as a nonprofit, advice for nonprofits who are hesitant to engage with Web3, building through challenging times in the Web3 ecosystem, and much more.



--Three Key Takeaways--

• Traditional charitable fundraising methods, such as grant seeking and corporate sponsorships can be unreliable, leaving many nonprofits in a consistent state of precarity. Web3 offers innovative new fundraising tools to help nonprofits escape this cycle of precarity and build towards financial sustainability.
• Large nonprofits have long had access to charitable endowments which are largely inaccessible to smaller nonprofits that don’t have large financial capital to put forward. Web3 can change this by providing this game changing tool to nonprofits of all sizes, regardless of the size of their balance sheet.
• Web3 has faced a lot of adversity lately, including the collapse of prominent crypto exchanges and projects. While painful, this adversity may have been necessary to “clear the way for new growth” and allow the space to mature and come back stronger.

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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, 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.

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