PoolTogether Community Podcast #64 with Wooy

19 Apr 2023 · 41 min
PoolTogether Community Podcast

19 Apr 2023 · 41 min

0:00

In this episode of the PoolTogether Community Podcast, host Millie Yearley (Hot Mike) interviews Joaquin, co‑founder of Wooey, a platform that adapts PoolTogether’s no‑loss prize‑saving model for charitable fundraising. The conversation begins with personal crypto origins—Joaquin entered crypto in 2018 as a speculative investor and shifted to blockchain‑focused projects in 2021, while Millie recounts her own path from early Ethereum experiments to full‑time involvement with PoolTogether. Joaquin then explains Wooey’s mission: using blockchain to incentivize donations by allowing users to deposit tokens, earn yield, and direct that yield to nonprofits without locking or losing principal. The platform offers two incentive layers: unique experiential prizes (e.g., a lap with a former top‑5 tennis player turned rally driver) and proof‑of‑donation NFTs that act as “impact identities,” providing transparent donation records and collectible badges. He details the MVP run during Argentina’s 2020 quarantine, the naming origin of “Wooey” (derived from a Senegalese word for “help”), and the current beta on Polygon using USDC to generate yield. The discussion covers Argentina’s hyper‑inflation, the population’s distrust of the peso, and how crypto offers a store of value and financial sovereignty. Joaquin outlines a dual onboarding strategy: engaging existing crypto holders with impact‑driven pools and attracting fiat‑based users through simple on‑ramps, stablecoins, and celebrity‑driven campaigns. Partnerships with nonprofits, corporate ESG programs, and potential collaborations with PoolTogether (e.g., shared hyperstructure ideas, multi‑chain support, and prize‑pool integrations) are explored. Technical considerations such as multi‑chain compatibility, friction‑less user experience, and future support for additional yield sources (ETH, BTC, etc.) are mentioned. The episode closes with mutual enthusiasm for collaboration, a call for community feedback, and an invitation to join Wooey’s waitlist.

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