Greenpill is a self-published book I released in Feb 2022 about how crypto could regenerate the world. (heavy emphasis on could, I don’t think its happening yet).
The book has become an attractor for regens and over the last 18 months, I’ve been connected to 1000s of regens who have a similar vision of using web3 to fund public goods + create pro-social movements + build protopian social networks.
Over this time, I’m happy to say that regen web3 has grown into a bona-fide movement. This movement is working to take “how crypto could regenerate the world” to “how crypto IS regenerating the world” and… there’s a lot of work to do.
Greenpill v1, which launched in 2022, was a book. Greenpill v2 is a network.
Greenpill.network launched 2 weeks ago, checkout the last 5 minutes of my Refi Summit talk for the announcement of Greenpill v2. We’ve now got ~ 24 local chapters across the world ( Checkout https://greenpill.network/ for a local chapter map) and are working with chapter leads to bring regen web3 to these local communities.
The beauty of the network model is that each chapter is composed of people who are embedded in local communities who have local relationships and context on local needs & constraints. But many of them also have global scale technology knowledge and ability to leverage world class web3 tools.
I’m very bullish on the idea of local control and world-class software! Local context/governance x World-class mechanisms = This is the opposite of how Facebook Groups and other FAANG products build networks (a monoculture of mechanisms deployed everywhere and governance & value extraction out of Silicon Valley)
While each chapter will have it’s own organic growth path and challenges, I see each chapter falling into roughly the following categories of maturity.
|0 – Inchoate||just begun and so not fully formed or developed; rudimentary.|
|1 – Solid Social Layer||chapter is having regular meetups, building trust/rapport among network members, following basic impact network principles, and has stable/legitimate structure.|
|2 – Using Web3 to Regenerate Local Chapter||chapter is receiving funds from Gitcoin + other web3 funding mechanisms + is using web3 tools to plan/organize local chapters.|
|3 – Using Web3 to Regenerate Local Community||chapter is receiving funds from Gitcoin + other web3 funding mechanisms + is using web3 tools to solve local problems in their local web3 community|
(Important note: this maturity level may not be strictly linear, as activities in the real world sometimes are 2 steps forward & 1 step back, or sometimes 1 step forward & 3 steps back.)
At scale & at maturity, I think the flow of funding to these chapters looks like this:
A key aspect of this flow of funds is that we have a low overhead way of sending funding to the most legitimate & impactful chapters + people in local communities.
Since this funnel hinges on finding reliable ways to measure legitimacy and impact, I’m relying on Quadratic Funding (at least initially).
An aside: The whole reason I’ve been investing so many mental cycles into using crypto to regenerate the world in the first place is that I believe that crypto provides a better substrate for capital deployment. We now have a programmable, transparent, incorruptible substrate for coordination that works anywhere in the world. This is a better foundation to deploy impact funding than opaque, unaccountable, inefficient/high-overhead ways that have existed in the past. This has been “theory” for years, since Virgil published Ethereum is a game-changing technology, literally in 2019. Quadratic Funding is one of the first working examples of the fulfillment of this vision. But let’s not confuse the means with the ends. Quadratic funding is a means to deploy capital to the most legitimate & impactful chapters + people in local communities. The end is regeneration of the communities that have been left behind by the old system.
Go to https://greenpill.network/ to learn more.