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Consensus Rewind: Dismantling the Philanthropic Industrial Complex, Community-Oriented Crypto Solutions

This session is part of the four-part “Exploration: Blockchain Fixes This: Life, Liberty & the Pursuit of Happiness” program.

November 4, 2022
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Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Sheila Warren, CEO of the Crypto Council of Innovation and co-host of CoinDesk’s “Money Reimagined” podcast discusses her theory of the philanthropic industrial complex. She digs into whether the system of philanthropy as we know it is broken.

She gives information about her background in various positions, including blockchain team founder at the World Economic Forum, which helped her notice the ways in which the traditional philanthropic efforts and philanthropic efforts within the crypto spaces are similar. She also points out how crypto efforts are more genuinely human-forward, and how the model can change philanthropy altogether.

While she provides detailed ways why crypto is important in the push to change the system, she also gives ways in which the community still has work to do.

The panel discussion took place on June 10, the second day of CoinDesk’s Consensus 2022 festival in Austin, Texas.

The executive producer for CoinDesk Reports is Jared Schwartz. Nia Freeman edited this episode.