Most MVPs never become real products.
Today our CEO @WesCrook joins @ActionCEO from @GenzioCo to unpack why, and what it takes to cross that gap alongside:
πΈ @MelynMcKay - Co-Founder of @coalapay
πΈ @BlockChainBene - Head of Ecosystem at @CV_Labs
π
Today
β° 12 PM EST
Thanks so much for having me!
Replying to @coalapay
@coalapay was inspired by the challenges of moving funds into global crisis zones.
Hear from founder @MelynMcKay and @CastleIslandVC GP @seanjudgeciv following their $3.5M seed round.
- Crypto needed in crisis zones
- Castle Island's stablecoin thesis
- How Coala improves efficiency of global aid
Dr. Melyn McKay π retweeted
This group is set up to receive USDC donations on Ethereum L1 and multiple Ethereum L2s like @arbitrum, @Optimism, @base, as well as @0xPolygon PoS
Friendly competition - which L2 can raise the most funds?
There are many fundraisers floating around but this one is for those in the web3 community who want to get funds to those in Myanmar directly and with full traceability: quake.myanmarblockchainrelieβ¦
Can safely say I never expected to attend an L2 Hardfork Party. Happy to hear what brought me (& @coalapay) to blockchain remains popular - getting money safely and quickly to people in the really hard places. Congrats @marek_ @RegenRene & the entire @Celo network!
Dr. Melyn McKay π retweeted
Lost faith in crypto because of memecoins?
This might make you feel better:
I spoke with an aid worker from the Danish Refugee Council who uses a crypto payments company to send funds to Sudan, which is experiencing the worst famine since the 1980s and a collapsed central bank from the war.
He literally teared up on the call, saying that he is able to get funds into the hands of individuals on the ground in hours rather than months, and they get 25% more in their pocket vs. using traditional rails which are littered with fees and FX markups.
Zoom out - the technology is useful and adoption is happening.
Excellent opportunity for SF / NY folks!
We are hiring for a Chief of Staff at @lattice_fund
You'll work across the whole biz - marketing, fund operations, and portfolio support
1/ Join our team of 4 and help us build the best early stage fund in the industry
apply.workable.com/lattice-1β¦
Dr. Melyn McKay π retweeted
Sign the petition β makefundinggreatagain.org/
Dr. Melyn McKay π retweeted
Miss the Onchain Giving Summit? Check out the recording of our Web3 Use Cases for Nonprofits panel! π
Learn the compelling blockchain use cases for nonprofits and best practices for engaging web3 donors with insights from @dwsimon, @MelynMcKay, @BrockMcBreadcat, and @ricenbeats.
Cheering on our amazing team en route to @AidExGlobal.
@coalapay have the rare privilege of being part of both the aid and blockchain communities so we are delighted this event brings both together.
Good luck to all the amazing teams!
We canβt wait for this yearβs final Unlocking Impact pitch competition to officially kick off tomorrow! Good luck to our presenting finalists!
β @ClickPesa provides digital business tools with payment services for SMEs doing business with or in East Africa.
β @CoalaPay enhances trust in disaster response by using stablecoins and smart contracts to ensure secure, transparent payments in unstable regions.
β @Decaf_so is a non-custodial wallet that feels like a Neobank. Decaf strips away the complexities of blockchain, offering an intuitive experience comparable to leading Neobanks.
β Sunut Digital is an African Software Development company building Adila Wallet, a financial product to empower the unbanked and displaced.
Learn more about Circle Impact today: circle.com/en/circle-impact
Oh heyyyyyyyβ¦. See you soon!
Replying to @shefiorg
π₯Meet @MelynMcKay β fuses anthropology, Web3, and humanitarian aid to tackle global challenges with research-driven solutions.
Thrilled to be chatting localisation, stablecoins, and digital payments with the likes of @Refugees and @StellarOrg at AidEx Geneva! invt.io/1txbrkv4ire
Onboarded an elderly priest who runs a shelter in rural Mexico to @coalapay a few weeks ago.
Heβs received a grant payment from a large INGO, so we called to walk him through his first offramping.
His feedback: βMΓ‘s fΓ‘cil y mΓ‘s rΓ‘pido de lo que pensΓ©".
πͺπΌ π¨
A recent MIT Sloan study found that 61% of people under 40 would switch to a company that supports a cause they believe in.
If you're thinking about new user acquisition or retention, embedding a cause into your user journey is a no brainer.
You could donate crypto to a large organisation that gets the vast majority of its funding from government grants, and which will offramp to fiat immediately, or you could use the decentralised nature of blockchain to touch communities directly.















