‍

For the tenth and final episode of The Web3 Nonprofit, we welcome Joe Agoada, Founder and CEO of Sostento, a charitable organizations with a mission to support those that serve on the frontlines of public health in order to save lives, and to increase equitable access to lifesaving healthcare services. They are an early adopter in the Web3 philanthropy space and have done a great job building partnerships in the space.

‍

This episode is brought to you by Endaoment

Endaoment is proud to support Crypto Altruism and the final installment of the Web3 Nonprofit series. This week, we venture into the shadows of the philanthropic forest in search of the enigmatic DAFsquatch, to teach us the secrets of donor-advised funds (DAFs). Discover the strategic power of the best kept secret in charitable giving at DAFsquatch.xyz.

‍

Key Takeaways

• More often than not, a nonprofit’s entry into the world of Web3 is championed by a member of the nonprofit’s team who is passionate about Web3. It can take a lot of time and effort to learn about the culture and values of the Web3 community, so having someone who is interested personally and is already engaged in the space can be very helpful in onboarding the nonprofit to Web3.
• Over the past couple of years, the crypto space has proven to be resilient despite the large price swings. Throughout this time, the space has also matured, with new blockchain use cases emerging for nonprofits, making it an exciting time for nonprofits to enter the space.
• Web3 donors and traditional donors have more in common than apart. Web3 donors are passionate, incredibly generous, and are eager to engage with charitable organizations. Engaging with Web3 donors can be a fantastic way to grow your donor base and connect a generous community with your mission.

‍

Follow Joe and Sostento

Joe - Twitter/X

Sostento - Twitter/X

Website

Donate Crypto or Fiat to Sostento

‍

‍

Curious about how Web3 could support your nonprofit’s mission? 💡

‍We help nonprofits cut through the noise and explore practical ways to use tools like crypto donations, transparent funding, and decentralized collaboration. Whether you're just getting started or ready to take the next step, our workshops and advisory services can help you move forward with clarity and confidence.👉 Learn more about our consulting services

‍

‍

Episode Time Stamps:

03:30 - To start things off, I’d love to learn about your journey to the nonprofit world. What’s your story?

09:35 - Can you please introduce listeners to the mission of Sostento?

12:55 - How did Sostento first get introduced to crypto philanthropy?

18:10 - You recently tweeted the following – “I've witnessed the philanthropic power of the crypto community...2024 is going to be next level” – can you elaborate and share some thoughts on what crypto philanthropy may look like in 2024?

24:10 - In addition to accepting crypto donations, I understand that you’ve also partnered with some artists on NFT projects – can you tell me more about this and how it went?

27:40 - How have you broken through the noise of Web3 to build positive partnerships?

30:20 - What is one piece of advice you’d share with nonprofits who are hesitant to engage with Web3?

35:15 - Sostento has gone through many evolutions over the past years – what does the road ahead look like?

‍

🎙️ This podcast was recorded on Zencastr! Create your podcast today! #madeonzencastr

Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.