Blockchain giving and surveillance philanthropy: Challenges and opportunities Blockchain technology is reshaping the way nonprofits conduct business. Blockchain participants represent a new donor pool that could prove attractive as a potential revenue source. According to a Fidelity survey, 45 percent of cryptocurrency investors donated $1,000 or more to charity in 2020—compared to 33 percent of […]
Dear Community, We are happy to come to you with nothing but good news and excitement about the future of Angel Protocol. As you know, we have not stopped building. Since the unfortunate event that took place last May, we took the time to learn from the past, build a strong foundation in the present […]
We have some news from the front line in Ukraine. Third Wave Volunteers are one of the charities benefitting from donations made earlier this year. The following, sent over a few days, can now be released as it is less sensitive than at the actual time. “We were with a local mayor who was captured […]
Introduction: With the release of our second Litepaper, Angel Protocol takes another step toward creating a vibrant ecosystem for impact-driven communities. Throughout the Litepaper, we demonstrate how we can connect impact ecosystem stakeholders under a shared network to eliminate costly intermediaries, remove fund flow constraints, and enable inclusive access to opportunity. We review: Charity Marketplace; […]
We know that the last few months have been difficult for everyone who inhabits the world of Web 3.0. We have found in you an altruistic community that believes in the possibility of a better tomorrow. That has been our principal motivation to continue building. We can assure you that there has not been a […]
Over the past week, as you may very well be aware, the Terra money network collapsed along with the value of the native currencies, $LUNA & $UST. The Terra blockchain was frozen recently as possibilities for paths forward are assessed. Angel Protocol’s product & vision remain intact and will find new life. Our biggest priority […]
Friends of Angel Protocol, Last fall we had a crazy idea. An idea so aggressive, in fact, that we achieved only a portion of our galactic expectations. But in the end, we were proud; proud of the impact we had, proud of the eyes that were opened, and proud of the crypto communities that poured […]
Last fall we had a crazy idea. An idea so aggressive, in fact, that we achieved only a portion of our galactic expectations. But in the end, we were proud; proud of the impact we had, proud of the eyes that were opened, and proud of the crypto communities that poured their heart, soul and gainz into this campaign. I suppose that’s what happens when you set a $50M goal for a first of its kind charity campaign; you come up short, still raise $1.5M, and smile about it. Next year we’ll shoot for $100M. Shoot for the stars, land on the moon … and all that.
But what was Restore Earth? Why should you — the community — be proud having taken part? It was a distilled, crystallized, digestible slice of a project so massive that it can be hard to wrap your head around.
Angel Protocol acts as a conduit for good across multiple blockchains, flowing funds into over 100 charities that address the 17 United Nations SDGs (i.e.: problems humans need to solve). Where do you — the user — possibly begin to get involved in something with so wide a breadth?
Restore Earth was the answer. We focused attention on healing our planet, the most international goal there is; selected three impactful charities (Global Brigades, SELF, & 5 Gyres) approaching solutions from different angles; told a narrative that was comprehensible; and found incredible ways to reward those who took part.
And when I say we, what I really mean is Angel Protocol and all of our incredible partners, without whom this very seriously could not have happened. Some of you will have heard of Restore Earth on the incredible Terra Bites podcast and donated; some of you may have seen banners on RandomEarth and clicked them; ALL of you will have seen the incredible Galactic Angels we’ve been developing with the Galactic Punks crew (who have been one of the premier NFT partners of Angel Protocol).
This only scratches the surface of all of the support we saw, so in the interest of not turning this into an Oscars ceremony, let’s get to the fun part.
Total amount donated: $1.5MTotal number of donations: 2,011
Top Angel Alliance protocols
Terra Bites — $115.3K
Terrans — $62.9K
Astroverse — $54.4K
Galactic Punks — $49K
Apollo DAO — $37.1K
Galactic Angel Distribution
Remember, Galactic Punks holders were bumped up a tier above their donation level. Not all donors requested an Angel or hit the $100 threshold.
Tier 1: 700 (50%)
Tier 2: 500 (36%)
Tier 3: 100 (7%)
Tier 4: 65 (4%)
Tier 5: 13 (1%)
Tier 6: 5 (0.3%)
Tier 7: 4 (0.3%)
We now have a fast forward button showing the future impact of Angel Protocol endowments. The three partner charities from Restore Earth (Global Brigades, SELF, & 5 Gyres) have been funded with $500K endowments; incredible! As the yield pays out, we’ll have acute vision into what that type of endowment means for impact on the ground. We’re excited to follow along on their journey.
Check your wallet right about… now 😇.
As mentioned above, there will only ever be 1,387 Galactic Angels (OG, at least…). But that’s not the end of their importance. We encourage you to use them as your PFPs, yes, but don’t be too quick to trade them. Some early plans are in the works for them to provide utility all across the galactic metaverse…diamond hands, friends. Diamond hands.
So ends Chapter 1 of Restore Earth. Follow the Angel Protocol twitter, join the Discord/Telegram, and keep an eye out for all good things across the crypto universe. There’s much more to come.
Colin Johnson (@colinhjohnson)