Web3 for Social Good?! Building Real World Impact with Decentralized Finance
Web3 was built to disrupt traditional systems, but it hasn’t been without its own challenges—think FTX, rug pulls, hacks, and financially driven projects that put profit over purpose. This all raises a key question: if at all, how can we ensure the power of Web3 is used for good? Can it truly drive social impact through DeFi, crypto and worldwide projects? And what about the $$$? Can profit and purpose co-exist? The answer is yes — but it’s complicated. Read on for some answers.