Bill Laboon, Director of Education at Web3 Foundation, on Polkadot’s 1000 Referendums, Centralized Points in Decentralized Polkadot, and Sprinkling Blockchain Dust | Ep. 369

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Cryptonews Podcast host Matt Zahab sat down for an exclusive interview with Bill Laboon, the Director of Education and Governance Initiatives at the Web3 Foundation, a not-for-profit entity supporting the Polkadot ecosystem.

Laboon discussed everything Polkadot and various aspects of its ecosystem, the real competitors to Polkadot and the Web3 Foundation, and how the Foundation and Parity turned out to be centralized points in a decentralized project.

He talked about the community reaching a whopping 1,000 referendums and crypto needing more end-user-focused apps if it’s to go mainstream.

Web3 Foundation is a not-for-profit company, meaning it doesn’t aim to make money. It has funds that the team uses for day-to-day operating expenses.

Instead, the Foundation was founded to bring about the decentralized internet, a world where people own their own data, Laboon told Matt.

One of the many ways they’re accomplishing this is by supporting the Polkadot ecosystem.

To help shepherd Polkadot, the Foundation provides education, outreach, and grants. It also does coordination and interacts with the community.

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