Zach Bronsteinis the COO ofEndaoment, DeFi’s community foundation. Endaoment is organized around the central principle of facilitating charitable donations in cryptocurrency. Essentially, it allows anyone to donate any cryptocurrency, to any 501c nonprofit.
Zach describes the process that donors go through to use Endaoment, and the process that nonprofits go through to receive those funds. We dive into what it’s like working with nonprofits who may be experiencing their first touchpoint with crypto through Endaoment, and what happens in those rare edge cases when a nonprofit can’t receive their funds.
We discuss the exciting intersection between web3 and nonprofits, which revolves around a shared desire for transparency. We also dive into how Endaoment is empowering donors, the potential future of Endaoment, investing donations, and making Endaoment more composable.
We close out our conversation with Zach sharing his favorite and least favorite aspects of the crypto space as well as his favorite place in the world.
TIMESTAMPS:
0:00 Intro
0:57 Zach’s background
2:58 What is Endaoment?
4:28 Can you use Endaoment to donate to any non-profit?
4:50 How to use Endaoment
7:01 Endaoment as the first crypto touchpoint for many non-profits
9:55 Accepting donations through Endaoment
12:49 Crypto 🤝 Nonprofits
16:12 How Endaoment empowers donors
18:16 Future use cases of Endaoment
19:08 Investing donation money into DeFi
20:00 Making Endaoment more composable
24:16 Zach’s favorite part about being in the crypto space
25:25 Zach’s least favorite part about being in the crypto space
28:45 Zach’s favorite place in the world
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DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.
