Entrepreneur, philanthropist and pastor Jerry Lopez has helped philanthropic organizations in over 50 nations and positively impacted the lives of 1000’s of individuals. At the moment CEO and Founding father of Philcoin, he harnesses the ability of blockchain to rework digital giving.
In an unique interview with Coin Version, Jerry discusses the specifics of constructing an ecosystem for a blockchain-based philanthropic undertaking, explains the inherent Give-to-Earn idea, and explores how distributed ledger know-how might help deprived communities. .
Q: Are you able to inform us about your pastoral background and why you grew to become interested by blockchain know-how?
As a pastor, I acted as a information, mentor and counselor to people and households and noticed their wants and challenges. After I was launched to the blockchain area in early 2015, I noticed this know-how had nice potential to revolutionize the way in which donations and winnings occur. I noticed how, from a ministry perspective, blockchain may present instruments to construct wealth whereas empowering others as an alternative of us being on the receiving finish on a regular basis.
After a few years of in-depth examine of the blockchain and what it meant to humanity, I noticed there was a necessity for a philanthropy token: the primary of its type. It was presently that Philcoin was born.
Q: What impressed you to launch Philcoin and what was your course of for creating an ecosystem?
Philcoin was designed to alter the way in which donations occur. From this imaginative and prescient, now we have made it our mission to create a platform the place giving is built-in into its very material. The concept was to create an area the place individuals may conduct their regular actions, reminiscent of studying, incomes cash, chatting, socializing and listening to music whereas giving again to different members of the neighborhood.
I wished to achieve the farthest corners of the world, which meant our app needed to be simply accessible, run on low bandwidth, and supply a easy but pleasurable person expertise.
A undertaking like this does not simply require a talented staff, however a staff that shares the identical aim of creating a optimistic influence on the world. I am grateful to have discovered the proper staff to carry this imaginative and prescient to life: these creating this ecosystem, these advertising and marketing it, and people constructing the neighborhood.
Q: Inform us extra about PhilApp. What does it supply and the way does it work?
PHILApp is a good decentralized app with many merchandise and options out there on App Retailer or Google Play. Customers can earn whereas studying, chatting, connecting, sponsoring, enjoying, listening to music, giving again, creating an account and pockets and having fun with the various advantages.
Q: What internet providers can be found by means of PhilApp and what can customers be taught there?
There are numerous merchandise and options in PHILApp. The following PHILSocial Media is a social app the place customers will have the ability to publish media, create their very own causes, earn and hearken to podcasts and music. PHILStream is an area to stream their favourite podcasts or radio, filling their ears with all issues blockchain, crypto, and Web3.
By PHILCat, a one-of-a-kind messaging system, our customers can join with individuals all around the world, irrespective of how good their web connection is. On PHILeducation, an accredited platform, they’ll entry free coaching on gentle expertise and extra; and so they may also watch PHILCast for professional business insights and extra.
We even have incomes alternatives: a referral program that rewards each profitable and verified referral with NFTs and a staking mechanism that enables customers to get 15% APY on their tokens, maintain half and to make the opposite amongst them.
Q: Are you able to clarify the Give-to-Earn idea and the way it advantages deprived communities?
Give to win is constructed into every of PHILApp’s merchandise and options. The idea is easy: to unlock your rewards, it’s important to donate. You earn by participating with our merchandise, and people earnings are yours when you give again to a reason for your selection.
There are a lot of nonprofits listed on our app that folks can donate to. Alternatively, individuals can create their very own causes in PHILSocial to assist households, people, and communities straight, with no intermediary. That is the place we pioneer peer-to-peer philanthropy.
Q: How does Philcoin promote accessible studying and communication in deprived communities?
Breaking out of the cycle of poverty typically begins with opening up entry to schooling. The most important Philcoin communities are present in Pakistan, Bangladesh, India, and Latin America. These communities have confronted many challenges, significantly when it comes to entry to schooling.
What makes our teaching programs distinctive is that they emphasize emotional intelligence and gentle expertise coaching to assist individuals thrive financially, mentally, socially and emotionally. These programs are accredited in the US, with internationally acknowledged certificates. So in the long term, it isn’t simply an schooling alternative, but additionally a job alternative.
Q: What position do you assume blockchain know-how performs in philanthropy and the worldwide redistribution of wealth?
We’ve seen the mass adoption of blockchain know-how in lots of conventional sectors, however the philanthropic sector stays sluggish to undertake it. By my expertise, I’ve seen how tough it may be to offer again to these in want by means of conventional means. Blockchain affords enormous alternatives for reinvention the place donation could be sooner, cheaper, extra clear and traceable.
Q: How does Philcoin measure success and what are a few of your long run targets for the ecosystem?
Philcoin remains to be in its infancy, however we’re shifting sooner than anticipated. Our success is measured by the variety of lively customers and the speed of adoption: at present, now we have greater than 250,000 customers in our ecosystem, which exceeds our expectations for the primary 12 months.
This traction is barely rising as we launch extra game-changing merchandise and options. Success is not going to solely rely upon the customers, but additionally on what now we have been capable of give again as a neighborhood. Once we see extra individuals in our neighborhood thriving – financially, socially, or with regard to their schooling – that is once we know our imaginative and prescient is coming true.
Q: How can people and organizations become involved with Philcoin to assist its mission?
We welcome all new customers and organizations to the ecosystem. We all know our imaginative and prescient is bold and tough to attain alone, however with the proper individuals and the proper partnerships, we will obtain way more than we ever may alone.
