Please describe your proposed solution
The problem:
- Web3 impact vertical leads don’t have a dedicated space to meet aid and development and humanitarian agencies to explore efficient business solutions that support SDGs
- Metaverse not used to reduce cost and increase efficiency for aid and development sector
- Cardano has many impact driven companies that need access to the aid and development world to develop business and understand the needs. (Empowa.io, Landaon.io, worldmobiletoken.com, Socious.io, to name a few)
- Web3 use cases are underexplored to solve Sustainable Development Goals (SDGs) challenges because the web3 community are underexposed to key agency decision-makers
- Government and non-governmental agencies lack a safe, dedicated space to explore ideas with web3 counterparts to achieve more impact
- Real world interaction between impact players and blockchain technology is often “clunky” and slow.
The solution:
Web3/4Good will be a 1-day event in the metaverse at the Cardano Summit 2024 in Dubai. The conference will be dedicated to exploring how Web3.0 tools and technology can:
- Explore how blockchain can add value to business solutions and operations for impact
- Bring together SDG experts and web3 pioneers to address some of the greatest and most urgent social, health and environmental challenges.This will lead to new partnerships for good and help expand the Cardano Community footprint.
- Help solve some of the world's greatest and most urgent social, health and environmental challenges.
- Developing relations with the blockchain and innovation leads at the United Nations Development Program (UNDP), the world’s largest development agency with 170 country offices and 22,000 staff, as well as the European Union (EU), will open many doors for Cardano startups.
- Huge potential for contracts and applications in the aid sector: Total value of global philanthropy is estimated at $2.3 trillion, or 3% of global GDP
- Bring together leading aid and humanitarian agencies and web3 impact professionals for groundbreaking discussions and workshops. Web3/4Good will be a meeting place of aid agents and humanitarians with web3 impact advocates, blockchains and service providers to network and promote the Cardano Blockchain efficiently. The environment will be filled with positive energy: a pantheon of solutions and a journey of discovery for web3 into philanthropy and vice versa.
- Possibility to anchor UNDP and EU blockchain conference in Montenegro (in early October 2024) to the Cardano Web4/4Good event, providing continuity and scale
- Repurpose Metaverse for solution-led business meetings between humanitarian/aid agencies/NGOs and web3 impact drivers. The idea is to make this a go-to tool for cross fertilisation between these sectors looking to address SDGs through use of blockchain tools. This will not be your typical Metaverse experience! There will be an emphasis on one-to-one meetings from across the sector to ensure everybody walks away with new networks and action points. The final report will also present a 24-month ‘Sustainability Report’.