EthCC:2 Simona Pop

bro for coffee and I'm here for each Paris as well so let's catch up so everybody we kind of get back on schedule yes excellent so I'm Simona and I'm a co-founder of the Bounty's Network the Bounty's network for everybody who doesn't know it's essentially a platform that is enabling the outsourcing and completion of various tasks traditionally in our ecosystem bounties have mainly been used for things like bugs like code so in incredibly dev oriented tasks but what we started doing in 2018 is really diversifying the use of bounties across various different verticals and we started small you know we started testing do bounties apply for a design do they apply to art do they apply to music do they apply to research and the answer to all of those things was yes and so um roundabout may/june time we also wondered whether they would apply for social impact or to social impact projects and we also found out that yes they do so impact in real life effecting change and and empowering people so this will be super super quick some social impact stats they're pretty dire they still are even though we've been working on a whole bunch of UNH DG's for a while it's not you know the needle isn't necessarily moving in the right direction so we still have 40% of the people in the world are unbanked we still only have 36% with smartphones and this should be very important to us all we're talking about wallets we're talking about adoption but it's still a very low number of people who can participate in what we're doing and then 80 percent earn less than $10 a day so again it is something and not necessarily just in your traditional geographies of developing countries but in certain pockets of populations even in let's say the Western Western Europe and the Americas as well what is the opportunity so the opportunity here clearly is through blockchain and specifically blockchain bounties because you know stay on brand is to broaden the access to information to resource and work and when I say broaden the access I mean not just to technical people and not just in the classic geographies of access I again America Western Europe potentially Asia and so on then mobilize people in underserved communities again this is something that will be a little bit difficult because of the access to those smartphones and to those internet connections but it is possible and I'll speak about how we've discovered it's possible and then creating alternatives in terms of frameworks to deliver income and value a lot of talk has been you know we talk a lot about certain jobs disappearing and what are we doing to replace those jobs and so on and this is true a lot of traditional jobs are transitioning and even a lot of full-time frameworks of employment are transitioning so how do we create those viable alternatives for those people in those roles to be able to still again have an income have access to information and value and be able to you know earn living so the blockchain for social impact and vanessa is here actually from blockchain for social impact it's incredibly important in terms of the application of blockchain for three main reasons and this is why we've been exploring it and why we've been doing bounties for social impact transparent funding it's a big big problem that we have in the charity systems today we're a charity which is a centralized organization we'll ask you the individual for money and then you kind of have to blind trust that they're gonna do what they say they're gonna do with your money you never actually know whether you're five dollars or ten dollars achieve whatever they it is that they said that they're gonna do with it they've been several scandals as we know with the Red Cross I can't remember I think it was Katrina where they raised four million dollars in the managed to build a total of six houses so where the rest of the money went nobody knows and so that transferring funding particularly with a bounty format is that the full part of the bounty will only ever go to the payouts there is no 20% going to marketing no fifty percent going to exact payouts and so on the full amount goes out to payouts and it's incredibly easy to trace the new means of income again providing those valuable and effective alternatives to whatever the the framework is now particularly where those traditional jobs are disappearing and then lasting change in terms of environment you could have long term bounties that only issue a reward after a certain period of time or a certain repetitive action like subbing your plastic cutlery with bamboo for six months and submitting proof that you have done so as a business will earn you a reward and you could potentially choose whether to take that reward or pass it forward to other social impact bounties this is again a very feasible scenario so again for bounty bounty for everybody or anybody who doesn't know but I'm sure you all know and it's a reward offered by an individual or an organization for the completion of a certain task and again this makes it incredibly incredibly flexible in terms of what you could apply it to my mantra and many of you who know me know that I will always be well you could bounty it if you can think of it you can probably bounty it and it's true you can apply it to a hell of a lot of things including making an impact in several different areas not just you know your environment or or your kind of classic social impact application so because I'm a big believer in examples and I'm a big believer in you know walking the walk not just talking the talk the boundaries for the oceans I'll just give you the example of the project we kick-started this in partnership with maker Dow around World Oceans Day last year with the specific goal of something that would continue way beyond just a day way beyond just a hashtag and also reengineer the way a social impact kind of program would work and we said okay with bounties for the oceans I'm not gonna ask you individuals for money I'm actually gonna reward you the individual for verifiable proof of cleanups it could be on a beach it could be in a park it could be in your street it could be anywhere you want if you submit proof that you have done it a very rustic verifiable proof right now it's a photo with a filter for the location with a filter for the date and you in the image with the trash some people have submitted to it you know photos with today's paper all very you know web to meets web three situation which will of course perfect but it is working and so we started getting submissions from a lot of people we want it to launch it and say okay let's see what happens let's see if people participate long story short we've had submissions to that particular bounty from several regions in the US in the UK from Tasmania from people in Romania from people in Venezuela and really capturing a lot of audiences that had no idea about crypto before completing this bounty so and people the feedback that we got was isn't this wonderful to be able to come into contact with crypto through something that is incredibly non-traditional ie earning crypto for a good cause instead of buying it so a whole new model of of introducing audiences to to what we're doing here and so I don't know if this is gonna play oh he's gone we're on around the trashing issue okay it is playing oh no oh no what did I do okay so if and for people this is very very short the trailer for a documentary that we filmed in Manila doing this bounties for the oceans with 224 people on this Beach and here's kind of what happened let's see if that works you're left I was scared you're back it's okay the trash issue really is impacting people's lives garbage everywhere when cadiz on that hunk our bottom line is that we are in the mud I said that's impossible does a dagger [Music] what happens when a traditional job like fishing stops being sustainable you need to create new means of income you need to create alternatives incentives are behavior changing if you're able to channel that you're gonna be able to we saw that monetary incentives were a great way to get people on the ground but now that they're here they actually can look past those incentives and we feel the intrinsic motivation okay so we're launching that the full documentary we're actually doing a screening at South by Southwest next week and then we're gonna release it all online the gist of it is and I won't go through this but we wanted to reward people in East that and also get a partner on the ground and you saw Ron from Coinstar pH that enables people to then exchange the East in two pesos in two Filipino pesos because we knew that we had to get a partner on the ground who would enable people who wanted to or who needed to convert it could rather than us going over and saying hey here's free internet money but you can't use it or anything so this was very important to us and also the recycling of the trash that we collected and these are the stats they're incredibly small by you know environmental standards but this is what we managed to gather in two and a half hours per day we ran our program for two days so a total of five hours with 224 people spread across the two days it was 3.3 tons of trash and we had a partner on the ground Ron who you saw there speaking about the fact that we're doing this for future generations they basically handled the recycling and the segregations of the trash and what they do is all of the plastic they turn it they melt it down turn it into these plastic slabs that then they have a contract with the Highway Authority in Manila to use it for paving new roads so that potentially is then a loop for these kind of cleanups to potentially sustain the local traditionally fisherman communities that you saw there the fish is dren dling it's not really sustainable anymore could this be an alternative of not only cleaning up their environment but also earning earning a living and so again we you know the things that we learned were that we need to educate people we need to be very aware that the stuff that we're building will not be accessible to a lot of people right now out of the the people who turned up the only we only had ten percent of them had smartphones and so we had to come up with solutions so we organized them into teams with representatives who had smartphones per team then transferred the eath to the people with the smartphones then they exchanged it and gave out pesos to the people who didn't have smartphones this was an incredibly stressful time but it was doable and the thing that is the most important about this is that we have people who are still fulfilling that bounty the ones that have trust Wallet on their phones I've got a about ten people who regularly go and clean up and clean the bounty and I accept it and they that's instead ii income and it's been going on since december because that bounty is still live what we did was we crowdsource funds for it as well so we had people donating five dollars we had some projects going 200 dollars and so on obviously the Bounty's network put a lot of money in there but that was the goal to empower people to be able to continue this new or benefiting from this new means of income without my needing to be there without anybody needing to be there and potentially then being able to onboard other people in their community and so on so as Vitalik once said this isn't mine it says change the incentives change the world it's possible that these incentives and we've we've had this conversation throughout is incentives are incredibly powerful even if to get people in even if it's you're in their introduction into crypto because once that happens once the earn and they are able to explore what we have to offer then potentially they become you know new members of our ecosystem so thank you so much that wasn't bad I managed to make up a lot of time um thank you so much I say I'm gonna be here afterwards I'm here after to watch this amazing panel coming after me but I'll be here for coffee tomorrow so let's chat you can find me on Twitter and yeah thank you so much [Applause]