The advent of the blockchain, for instance, has led to a paradigm shift - known as Web3. This paradigm shift is seeing a move away from the closed protocol that has dominated software development over the past 20 years — where the Twitter's, Facebook's, and Google's of the world own their user data and collect the lion's share of the economic value — and moving to a world of open sourced development where creators and communities share the economics and users own their data.
Already terms like DeFi (Decentralized Finance), DAOs (Decentralized Autonomous Organizations), and NFTs (Non-Fungible Tokens) are entering the common vernacular, even if many of us still don't quite understand them. At their best, innovations like this are allowing people to work collaboratively in ways that allow communities to form, share ownership, establish good governance, and operate transparently. But already there are those who worry that the potential of web3 is being co-opted by big business.
Enter today's guest, Michael Lewkowitz, Co-Founder and General Partner at Possibilian Ventures; a pre-seed / seed investor in companies building a better future across the transition and cooperation economies. What makes Possibilian particularly interesting is that it is focused on supporting founders who are leveraging these converging technological breakthroughs to unlock true systems change to address the two biggest existential threats we face: climate change and inequality.
During the episode, Michael and I discuss Possibilian's unique thesis, five areas of transition we're currently experiencing, the definition of terms like Web3, DeFi, NFTs, and DAOs, why Web3 could massively disrupt the status quo, and examples of investments Possibilian is making in companies leveraging these technologies for systemic change. And be sure to stay tuned to the very end where Michael shares his outlook for what possibilities these new technologies could enable over the next decade.
Resources from this episode:
29 - The causes of wealth inequality that no one is talking about
28 - A technology solution for solving the riddle of impact measurement and management
27 - Building better private equity structures and practices for a more equitable world
26 - Behind the scenes with an impact fund startup investing in African SMEs
25 - Leveraging employee ownership to fight wealth inequality
24 - The Purpose of Capital with Jed Emerson
23 - Breaking the shareholder primacy paradigm with alterantive ownership models
22 - Empowering indigenous innovators & communities
21 - Harnessing the vast untapped potential of newcomers to Canada
20 - How the Equality Fund is using Impact Investing to Fuel Feminist Futures
19 - Fighting a $200 Billion per year predatory industry using microfinance
18 - How Blended Finance is being used to massively scale the amount of capital for impact investments
17 - Around the world of impact investing with Rehana Nathoo
16 - Reinventing Commercial Banking for Good
15 - The best social return on investment? The case for delivering micro nutrients during the first 1,000 days of life
14 - Pioneering high-impact investments that create opportunity for the world's most vulnerable people
13 - Revitalizing the Indigenous economy by investing in Indigenous entrepreneurs
12 - Serving high net worth individuals, foundations, and institutions
11 - How to profit off the transition to a low carbon economy
10 - Challenging traditional philanthropy
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast