Crypto, bear suits and hotness

Author

The Purpose Team
July 15, 2022

The Purpose issue #8 🔥🔥

Hotness. Here be sizzling bitesize ideas, business trends and weird digital stuff for charities, social enterprises, b-corps and purpose-driven people and organisations of all shapes and sizes.

Spending the next 2.3 minutes with The Purpose will have you feeling cooler than an industrial air cooling unit strapped to your shoulders

Let's chill 👇

In this issue

🏖️ Crypto for charities - a risk worth taking?

🔗 Your frivoulous self

😎 Tweet of the day

🌐 Web 3.0 dictionary series to make you smarter

🌶️ Hot quick takes

🤩 Accounts you should follow

💰 You should get a new job

Should charities dabble in crytpo?

Trade and exchange has always changed over the course of human history, with each new transformation opening up new challenges and risks. It's part conceptual understanding and part leap of faith.

It's not any different with crypto - though the stakes are pretty high to be putting it all on block (Poor, I know - will try better)

Throughout the dip over the last yearm there have still been some impactful raising of funds using crypto  - Ukraine raised millions since February, whilst Save the Children have accepted crypto donations since 2013. And of course, the tax breaks

Does it make sense for charities to get involved with crypto? as long as they have a few saftey checks in place, it could be a game changer. Some thoughts

  • Get some expert help. this is one where you can wing it

  • Consider 'Know your Donator' rules may be different

  • If you are going to receive crypto donations have a clear strategy for holding in crypto, converting immediately to a FIAT currency such as dollars

  • Security; lots to consider here around cold storage, hot wallets, see phrases (see point one)

See more below;

Pointless tasks may have a point after all

Ever undertaken a 'stupid task' just for the sake of it? turns out you may not be so stupid after all.

In an Article for The Atlantic, Gloria Lui argues that the rather pointless tasks that take a while (Like, say walking across the U.S in an orange Bear suit) can actually make the pursuit of frivolous joy a deliberate practice that has real world benefits to the individual.

You get into a flow state more easily doing something you love

 We all live in the digital age of likes, approval and instant chasing of recogntion so the act of doing something very pointless - whilst spending a fair bit of time doing it - seems, well pointless. But a right laugh and an antidote us to being so serious all the time. (work, sleep, work, sleep, work, work, sleep zzzzzzzz)

The Purpose has a dog in this fight. learning, for no particular reason in the last two years, to 1. Learn how to do a Rubik's Cube in under a minute. 2. Learn to spin a basketball on our finger. 3. learn a magic trick while not looking like a d*ck

And let's face it more traditional self-improvement like journaling and cutting out Mars bars sure ain't much fun. Purpose in the pursuit of absolutely nothing, it's a thing.

Find out more here

Tweet of the day

Saying it simply is saying it clearly

Web 3.0 dictionary 101 for non-techies(i.e me and you)

Look sharp when you get asked about the metaverse/crypto/NFTs in your next board meeting. We're on a mission to skill you up

Gas (or gwei) -  This is the fee paid by a user to make a transaction, such as buying an NFT or executing  a smart contract, usually on the Ethereum blockchain (a bit like a transaction fee that Visa or Mastercard charges for handling a transaction)

The fee can go up and down, depending on the current demands on the network, or how how complex a transaction is

Other blockchains such as Solana have much lower gas fees. At the time of writing gas fees on Ethereum are at some of their lowest. Doesn't mean you should invest willy-nilly in any old ponzi DAO, though.

As with gas, as with life. Know the lingo, know the codes :)

Quick takes, nice stuff

⏩ The UK has it's first ever red weather warning, stay cool

⏩ 5000 charities get struck off

⏩  Would you share an office with an aligned org?

Small, purpose-driven organisations you should follow.

Show some love to these small orgs, all doing great work across diverse areas of good - from human rights to mental health. Hit them up below to follow;

🚀 @broke_not T ackling the Effects of Poverty - food insecurity, housing, fuel poverty, child poverty, in-work poverty and mental health. Anti-poverty, pro-love!

🚀 @MintHouseRP Helping you to build relationships, deal positively with conflict, and repair harm through restorative practice

🚀 @NACCOMnetwork We're a UK-wide network providing accommodation, support, and campaigning to end destitution amongst people seeking asylum, refugees and other migrants.

Interest rates aren't going down. Answer = new job.

Are you an experienced leader of engineering and development looking to challenge yourself to think out of the box and evolve a team of digital professionals? Do you have strong opinions on best practices development standards and insist on the highest levels of quality?

We are seeking a talented Digital Marketing Officer to support the Marketing and Communications team in developing and executing marketing plans for the charity's digital channels. Get your CV on here

Let us know how we're doing, you super peeps. What did you think of todays email?

👍 Like Pluto, neither planet nor unplanet

👍👍 Like Mars, hot but inhospitable

👍👍👍 Like Mercury, sizzlin' haaaaaaat (not sure why this is in American)

Hit us up at helloATpurposy.com to say hi, get involved with The Purpose, or just for a genaral chat about where to buy air conditioning units

Skol

Team Purpose

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