An ailment in the global financial system that decentralized finance aims to fix is the growing wealth divide and inequitable distribution of wealth across countries of the world.
This episode features Anna Stone, an accomplished Web3 innovator, growth leader and co-founder of GoodDollar.org, a social-impact protocol, and DAO that delivers a crypto UBI to hundreds of thousands of people around the world and leverages free market incentives to pay for building a more equitable world since 2020.
Disparities in wealth distribution between the extremely wealthy and the poor are a defect in the global social and financial structure. This gap continues to widen, with the problem remaining unsolved. The GoodDollar initiative was launched with the goal to use decentralized finance and blockchain technologies to reach the most financially underserved persons throughout the globe, persons who lack the know-how and infrastructure to tap into the potential of decentralized finance.
There is no certainty that the wealth gap will ever completely be bridged. However, there is an outcome in which resources can be distributed more fairly among people by leveraging the use of blockchain technology and cryptocurrency as a medium to impact this change and ensuring that all persons at least earn a Universal Basic Income(UBI).
Anna speaks of the significance of impact DAOs in today's world through the creation of new incentive models to solve existing problems and a driver for equitable wealth distribution to
members of the system. She shares her perspectives on the role cryptocurrency has played in fundraising for good causes, the ideology behind the GoodDollar initiative as a global organization for creating equal economic opportunities and social equity for all, and their strategic goals for the future.
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Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research.
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Good Dollar | Making Social Impact with Crypto w/ Anna Stone