First-Ever DAO-Based Toy Drive with Robbie Heeger

Fortune Teller Podcast

Today on the Fortune Teller podcast we have a very special guest, Robbie Heeger, Co-Founder & CEO of Endaoment. Before we begin, we have a special announcement: “Just yesterday, a group of teens announced they'd be working with Endaoment, the first fully on-chain 501(c)(3), to launch the first-ever DAO-based toy drive, elfDAO. 16-year-old Byeongjun Moon established elfDAO alongside teenage friends and advisors from ConstitutionDAO with the goal of raising $1 million before the end of December to support toy drives across the United States. Donors who contribute to elfDAO will receive a unique holiday NFT created by 15-year-old elfDAO member, Nicolas Gatien. In addition to an NFT, donors will receive $GIFT governance tokens proportional to the size of their donation, allowing them to vote for which toy drives they’d like to see receive grants from elfDAO. Based on the community’s vote, the donations will be distributed to recipient organizations via Endaoment.” The Endaoment’s Donor-Advised-Funds and Community Field-of-Interest Funds are powered entirely by smart contracts, facilitated on the Ethereum blockchain. Together with our easy-to-use donation and grant making application, we’re making a new kind of community foundation, with values and functionality aligned for the crypto industry. We seek to include people from varied backgrounds, beliefs, and positions. We create systems to encourage philanthropy and heightened involvement between grant recipients and donors. We ask for and seek to realize the goals of those who are within and without our community. We focus on transitioning donated dollars from donors to nonprofit organizations with a minimal of fees and overhead. We learn from and with our partners to accomplish substantive results. We leverage crypto-native ways to cooperate and compound our abilities to do good in the world as a whole. Endaoment.Tech, our sister software development firm, focuses on making compliant protocols for on-chain institutions. Endaoment has built our application and on-chain contracts from the ground up with decentralized software, services, and design practices in mind. With the combined efforts of Endaoment and Endaoment.Tech, we are delivering a composable, compliant, and tax-efficient services to the people. We make on-chain giving easy, by providing the option to use our application, or over the counter, for our community. Using Endaoment you can donate cryptocurrencies in their original token form, on-chain. This creates several benefits: 1) The granted amount is equal to the present market value of the donation (i.e., there is no tax on the sale). 2) The potential tax deduction is equal to the market value of the donation. 3) All actions occur on-chain and are publicly verifiable using a blockchain explorer like Etherscan. For more information visit: https://app.endaoment.org https://facebook.com/endaomentdotorg https://twitter.com/endaomentdotorg https://linkedin.com/company/endaoment -- The Fortune Teller podcast is a discussion between industry leaders in blockchain and financial technologies. The podcast focuses on the development of blockchain-based financial services and outlines the current state of the industry and future predictions for the adoption of decentralized finance. Go to www.teller.finance/