We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!
This week, our 6 Questions go to Alex Wilson, co-founder of The Giving Block — a crypto donation solution that provides an ecosystem for nonprofits and charities to fundraise Bitcoin and other cryptocurrencies.
Alex is a co-founder of The Giving Block, a Shift4 company. The Giving Block is a leading crypto philanthropy platform that makes accepting and fundraising cryptocurrencies easy for nonprofits and empowers donors to give crypto to their favorite causes. Alex oversees The Giving Block’s growth in several areas, including technological innovation, crypto and financial partnerships, and institutional giving.
Alex’s background is in management consulting, where he worked with Fortune 500 companies to develop strategies for emerging technologies such as artificial intelligence, the Internet of Things, blockchain and cryptocurrency. As he went down the cryptocurrency rabbit hole, he and co-founder Pat Duffy discovered a need for nonprofits to tap into the growing crypto donor demographic.
Alex graduated from Wake Forest University School of Business with a Bachelor’s Degree in Business and Enterprise Management specializing in International Business.
1 — What has been the toughest challenge you’ve faced in our industry so far?
The biggest challenge is educating those we speak with about the benefits of the industry. I believe that cryptocurrency is one of the greatest forces of good on the planet, but there are many people we speak with who have misconceptions about crypto — from its impact on the environment to the quasi anonymity behind it.
2 — When you tell people you’re in the blockchain industry, how do they react?
I’ve found that most people are really receptive to what we are doing at The Giving Block. All too often, people hear that you work in crypto, and they have a preconceived idea of what that looks like. Then I go on to tell them what it is that we do and that we’ve raised over $100 million in cryptocurrencies for nonprofits, and their reaction softens. I think our use case is much more tangible to people than many others, which makes it easier than most to understand and relate to.
3 — Have you ever bought a nonfungible token? What was it — and if not, what do you think will be your first?
Yes, but only ones that benefit charities. The first I…
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