In Episode 54, we welcome Ediz Basol and Brett Memsic, Co-Founders of Etched NFT, a platform dedicated to harnessing the power and innovation of web3 to sustainably support charity in the metaverse. Etched has launched charitable NFTs in collaboration with athletes and non-profits, and to-date, have raised over $120,000 for various non-profits. In May, they launched their own PFP collection titled the Prosocialites. The Prosocialites are a collection of 7,000 vibrant and diverse NFTs living on the Ethereum blockchain. They are symbols for optimism. Bold, independent voices who believe in how extraordinary our digital lives can become. We discuss the power of NFTs and web3 to bring philanthropy and social impact into the metaverse, and what the web3-social impact ecosystem might look like in the future.

Five Key Takeaways

• NFTs are the ultimate community building tool for non-profits. They create new and accessible ways to engage donors.
• PFPs have always been a way for individuals to show their support for causes. NFTs help take this to the next level by serving as proof of participation in a movement or cause.
• There needs to be more emphasis on building better narratives around the space, so non-profits feel more comfortable engaging.
• NFTs will help build longer term support for causes by building communities around movements – helping drive a shift from slacktivism to activism and engagement.
• Web3 is changing very quickly – it’s important for organizations, especially non-profits, to stay agile so they can keep up.

Links:

Follow Ediz on Twitter

Follow Brett on Twitter

Follow Etched/Prosocialites on Twitter

Etched Website

Prosocialites Website

Discord

Linktree

Time Stamps

02:25 - What was your “Ah hah” moment that got you interested in web3?

05:00 - Tell me about Etched, and how it all got started.

06:45 - I understand that you have worked with a number of athletes on NFT collections in support of various causes. Tell me more.

11:20 - You recently launched the Prosocialites NFT collection – tell me more about this.

15:40 – Tell me more about the utility and engagement opportunities that come with the Prosocialites NFTs?

19:45 – I understand you are working on launching an NFT marketplace with the goal of creating “perpetual charity” for causes. Tell me more about this.

25:25 - How will NFTs disrupt traditional philanthropy?

32:00 - What is the long-term vision for Etched?

34:45 - What advice would you have for causes and changemakers looking to break into the world of NFTs?

39:40 - What’s the best way for listeners to learn more about Etched?

42:20 - If you could name one thing that excites you most about the social impact potential of web3, what would it be and why?


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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on th