The Purpose issue # 21🔥

Welcome to our new readers this week. We've turned 21 (issues!) of bitesize ideas, trends and weird digital stuff for purpose-driven reprobates people and organisations. Zoikes.

And we're off, like a hosepipe 👇

In this issue

🏖️ Nothing to see on TikTok, nothing at all

🔗 Wake up Maggie

💡 Ideas to steal

😎 Tweet of the day

🌐 Web 3.0 dictionary series to make you smarter

💰 Jobs-a-go-go

Inflation good. For some.

So inflation is bad no? well yes. But for some there's silver in them gathering storms. Toy transporting, fine wine, drilling for oil, trading wheat are all showing bumper profits (whilst, obviously some people are struggling to stay warm and eat) so who's gaining and why?

Energy (no sh*t Sherlock etc) Extracting fossil fuels is big business - BP did over 6 billion April-Jun, whilst Centrica profits rose five times. A 25% windfrall tax should counter some of that back into the helping households with bills, but we'll see.

Mining. Wake up Maggie (actually don't ta) With Coal going gangbusters unexpectedly, mining companies getting dirty are raking it in. Glencore.

Food commodity trading The ABCD's (the most prominent food traders) are coining it in. When there's global disruption, opportunies for middlemen abound. Reminds us of Layercake though

Shipping Rates for freight went through the roof since Covid, backlogs at ports have meant demand has increased manyfold. Whilst sitting on a half a trillion in profit, the container-shipping industry noted that 'rates won't normalise until at least a year' course they did.

Luxury watches and fine wine. People with cash on hand (there are some) are putting it into less conventional areas - such is the low return on stocks, shares and the like. Watches and wine are up anywhere from 15%-20% betting they would outpace inflation - hmm, only just based on where we could end up.

Find out more here

Tik Tok Not (capturing your data, not at all)

How do you feel about big tech monitoring what you’re typing into your mobile phone?

Well, TikTok has implemented code that does just that. If you open a browser from within the app they can track all your keystrokes. TikTok claimed it was just for debugging purposes, then refused to comment any further

Note: They’ve also spent $2.1m lobbying the US government in the second quarter of 2022…against online privacy bills among other things. The largest amount they’ve spent in any quarter on lobbying.

An example of a morally corrupt corporation trying to pull the wool over customers' eyes or just some standard tech maintenance?

FFS, it's obvious what's going on here Sure, could be.

More here and here

Idea of the day for orgs

Create a charity/collab NFT collection using DALLE for free. Upload to Opensea, set auction time, mint. Convert to FIAT. Win. Example below series called "Working for Coin"

Why not?

Tweet of the day

Now this is how you plan, also a handy World Cup Final reminder

Take a look at more from Dan here

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. WAGMI! ( if you don't know what that means, You're in the right place!)

Miners (not the coal type) - This is a term for people using the fatest computer they can, to mine (bascially to create) cryptocurrencies such at Bitcoin or Ethereum. It's a competitive process that verifies and adds new transactions to the blockchain using proof-of-work (PoW)

The miner that wins the competition is rewarded an amount of the currency and/or transaction fees.

The holy grail of crypto mining is low-cost electricity (good luck with that) as the cost of the computer power necessary is often high - as is the carbon footprint and emissions from that power.

How to use: Tarquin, stop using the avacado toast maker, I'm trying to mine some ETH here

Note: the above image was created as idea above, by AI using a text prompt "two small people with pickaxes standing on a bitcoin, mining cryptocurrency" Witchcraft

Quick takes, interesting stuff

⏩ This is offically the happiest place to live in the UK, packing bags as we speak

⏩ Finnish PM apologies for partying, er why?

⏩ Chocolate is the answer to fundraising, oh yea!

Every week we showcase small, purpose-driven organisations - give them a 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;

🚀 @Running_Charity Harnessing the benefits of running & fitness, we help to transform the lives of young people experiencing homelessness.

🚀 @TheWISHCentre London Charity for selfharm and abuse prevention for youth

🚀 @sals_shoes TAlmost 4 million pairs of preloved children's shoes now walking again on new feet in 58 countries

Career moves

Marketing and Communications Manager - Impact hub King's Cross

Impact Hub are looking for an experienced and energetic Marketing and Communications Manager to join their ambitious team of changemakers! Working across the organisation, you’ll play a key part in promoting our services, growing our community and raising our profile.

Get it here

Lemmy know what you think

Let us know what you think of today's email. Make us smile, cry unicorn tears or leave us shaking an angry fist at the sky for starting this newsletter in 50 degree heat, whilst heading into the worst recession in living memory (or since the last one, you choose) Do your worst, universe.

👍 Towers of London derivative, annoying & dreary

👍👍 The Darkness Interesting, funny, borderline outstaying it's welcome

👍👍👍 Motorhead Orginal, fast & loud baby

If you've been sent this by a friend, sign up here for more of the same purpose-driven pearls, trends, memes and maggie (ahem)

Hit us up on twitter @purposeco or drop us an email helloATpurposyDOTcom to get you or your org featured, for sponsorship enquires or just a natter about innovation, digital and purpose.

For a chat about AI, chatbots and your org, shout on any of the above 🤖

Slainte,

Team purpose

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