From NFT.NYC 2024 in New York City, BlockchainJournal.com editor-in-chief David Berlind interviews Sam Whitaker, the founder of Quixotish, a newly launched startup focused on the usage of blockchain to drive the success of charities and non-profits. Given how Blockchain Journal is focused on implementations of blockchain meant to drive new or improved business outcomes for big brands and enterprises, Quixotish's first customer – St. Jude Children's Research Hospital – caught David's eye as one of the most well-known non-profits on the planet. During the interview, Whitaker explains how Quixotish's novel blockchain-based approach to driving charitable donations works.
The general idea, as Whitaker describes it, is for a charity like St. Jude to curate donations of valuable blockchain-based assets (e.g., NFTs) and then for the charity to conduct an auction where those assets are sold on the secondary market with the proceeds flowing to St. Judes as fiat currency. On the surface, it sounds pretty simple. But it's also important for donors to know that when they're dealing with a relatively anonymized address on a blockchain, that address actually belongs to the intended charity. In other words, it can be a bit more complicated than it sounds.
To ensure accountability, Whitaker highlights the steps he took with St. Jude, including the video recording of wallet setup sessions involving St. Jude representatives and the subsequent publication of these videos on Quixotish's platforms. The interview touches upon the significance of St. Jude's reputation and operational scale, framing it as the "Google" or "Apple" of the charity world, given the charity's multi-million dollar daily cash flow. Whitaker underscores the hospital's commitment to providing free care to children and openly sharing its research.
Towards the end, Whitaker discusses the practical aspects of the auction, including its timing and accessibility to both crypto and fiat currency users by virtue of St. Jude's reliance on a combined NFT marketplace and custodial wallet solution from Magic Eden. By supporting crypto users across a long list of public blockchains as well as non-crypto users who prefer to deal in fiat currencies like the US dollar, he underscores the initiative's inclusivity, welcoming participation from individuals regardless of their familiarity with blockchain technology.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/how-quixotish-is-helping-st-jude-charity-raise-money-blockchain-technology
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=MHr3gx8Jy78
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From NFT.NYC 2024 in New York City, BlockchainJournal.com editor-in-chief David Berlind interviews Sam Whitaker, the founder of Quixotish, a newly launched startup focused on the usage of blockchain to drive the success of charities and non-profits. Given how Blockchain Journal is focused on implementations of blockchain meant to drive new or improved business outcomes for big brands and enterprises, Quixotish's first customer – St. Jude Children's Research Hospital – caught David's eye as one of the most well-known non-profits on the planet. During the interview, Whitaker explains how Quixotish's novel blockchain-based approach to driving charitable donations works.
The general idea, as Whitaker describes it, is for a charity like St. Jude to curate donations of valuable blockchain-based assets (e.g., NFTs) and then for the charity to conduct an auction where those assets are sold on the secondary market with the proceeds flowing to St. Judes as fiat currency. On the surface, it sounds pretty simple. But it's also important for donors to know that when they're dealing with a relatively anonymized address on a blockchain, that address actually belongs to the intended charity. In other words, it can be a bit more complicated than it sounds.
To ensure accountability, Whitaker highlights the steps he took with St. Jude, including the video recording of wallet setup sessions involving St. Jude representatives and the subsequent publication of these videos on Quixotish's platforms. The interview touches upon the significance of St. Jude's reputation and operational scale, framing it as the "Google" or "Apple" of the charity world, given the charity's multi-million dollar daily cash flow. Whitaker underscores the hospital's commitment to providing free care to children and openly sharing its research.
Towards the end, Whitaker discusses the practical aspects of the auction, including its timing and accessibility to both crypto and fiat currency users by virtue of St. Jude's reliance on a combined NFT marketplace and custodial wallet solution from Magic Eden. By supporting crypto users across a long list of public blockchains as well as non-crypto users who prefer to deal in fiat currencies like the US dollar, he underscores the initiative's inclusivity, welcoming participation from individuals regardless of their familiarity with blockchain technology.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/how-quixotish-is-helping-st-jude-charity-raise-money-blockchain-technology
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=MHr3gx8Jy78
Blockchain-Based Internet Domains Are the "LinkedIn of Web3" Says Unstoppable COO Sandy Carter
Blockchain Journal with David Berlind
10 minutes 54 seconds
1 year ago
Blockchain-Based Internet Domains Are the "LinkedIn of Web3" Says Unstoppable COO Sandy Carter
From the NFT.NYC 2024 conference, BlockchainJournal.com editor-in-chief David Berlind checks in with Unstoppable Domains COO Sandy Carter to learn about the unique value proposition of Web3 domains over the plain old internet domains that most Web users and internet destinations are familiar with. Unstoppable Domains is both an internet registry and an internet registrar. According to Carter, perhaps the biggest and most noticeable change from legacy domains to Web3 domains is that legacy domains are essentially for rent. They must be renewed by the registrant on a periodic basis. Meanwhile, Web3 domains are owned. But, according to Carter, there are additional advantages to Web3 domains over their legacy counterparts
Another major challenge associated with legacy domains acquired through legacy registrars is how the internet domain itself (i.e., abc.com) cannot verifiably represent anything about the individual or organization that owns the domain. For example, whereas a Web3 domain can behave as a digital proxy for an entity's identity, credentials, education, personal or organizational profiles, and other information that might be useful to the automation of certain business processes, legacy domains have no such inherent capability.
Referring to how today's social networks are often the repositories of this personal and organizational information, Carter refers to this capability to associate that data directly with an internet domain the "LinkedIn for Web3." However, whereas most entity-specific data that are kept with a social network is discoverable based on a user's global security settings (ie, "friends only"), the different types of identifiable information associated with a Web3 domain can be individually and optionally shared in an infinite number of specific (and non-global) contexts.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/blockchainbased-internet-domains-are-linkedin-web3-says-unstoppable-coo-sandy-carter
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=LV1A0CZOYXA
Blockchain Journal with David Berlind
From NFT.NYC 2024 in New York City, BlockchainJournal.com editor-in-chief David Berlind interviews Sam Whitaker, the founder of Quixotish, a newly launched startup focused on the usage of blockchain to drive the success of charities and non-profits. Given how Blockchain Journal is focused on implementations of blockchain meant to drive new or improved business outcomes for big brands and enterprises, Quixotish's first customer – St. Jude Children's Research Hospital – caught David's eye as one of the most well-known non-profits on the planet. During the interview, Whitaker explains how Quixotish's novel blockchain-based approach to driving charitable donations works.
The general idea, as Whitaker describes it, is for a charity like St. Jude to curate donations of valuable blockchain-based assets (e.g., NFTs) and then for the charity to conduct an auction where those assets are sold on the secondary market with the proceeds flowing to St. Judes as fiat currency. On the surface, it sounds pretty simple. But it's also important for donors to know that when they're dealing with a relatively anonymized address on a blockchain, that address actually belongs to the intended charity. In other words, it can be a bit more complicated than it sounds.
To ensure accountability, Whitaker highlights the steps he took with St. Jude, including the video recording of wallet setup sessions involving St. Jude representatives and the subsequent publication of these videos on Quixotish's platforms. The interview touches upon the significance of St. Jude's reputation and operational scale, framing it as the "Google" or "Apple" of the charity world, given the charity's multi-million dollar daily cash flow. Whitaker underscores the hospital's commitment to providing free care to children and openly sharing its research.
Towards the end, Whitaker discusses the practical aspects of the auction, including its timing and accessibility to both crypto and fiat currency users by virtue of St. Jude's reliance on a combined NFT marketplace and custodial wallet solution from Magic Eden. By supporting crypto users across a long list of public blockchains as well as non-crypto users who prefer to deal in fiat currencies like the US dollar, he underscores the initiative's inclusivity, welcoming participation from individuals regardless of their familiarity with blockchain technology.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/how-quixotish-is-helping-st-jude-charity-raise-money-blockchain-technology
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=MHr3gx8Jy78
