60 cents out of every dollar goes towards running the costs of a charity. What if we could make something that could radically change that and ensure that over 99% over our donation would directly help those in need?
It was a delight to speak to Mark Pascall from The Wellbeing Protocol, a long-time enthusiast in the DAO space. The Wellbeing Protocol (TWP) is a not-for-profit organisation building a technology based infrastructure that empowers and supports community self determination. The Wellbeing Protocol has attracted support from both New Zealand government and from established figures within the crypto industry, signalling it's potential to be one of the first real applications of decentralisation improving welfare. A deep thank you to Mr. Pascall for coming on the CryptoGirls podcast!
Connect with The Wellbeing Protocol at their website: https://www.thewellbeingprotocol.org/
Timestamps:
0:00 Intro
0:56 The Wellbeing Protocol History and Future
12:45 Current TWP projects
21:51 How will TWP migrate onto the Blockchain?
28:17 Quadratic voting and conviction voting
35:53 TWP could radically change charity efficiency
38:33 Tax free donations?
40:30 Thoughts on regulation as a founder
49:52 Even a basic understanding can get you far
51:40 Blockchain's need for diversity
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