Leveraging Web3 for Cultural Preservation and Economic Sovereignty with Richard Ng and Jake Foreman

In this episode of The Get Down, Ritzy P. interviews Richard Ng and Jake Foreman about  their journeys into the world of Web3 and the founding of IndigiDAO, an initiative aimed at empowering Indigenous entrepreneurs through decentralized autonomous organizations (DAOs). They discuss the core objectives of IndigiDAO, the impact of a significant grant from the Robert Wood Johnson Foundation, and the milestones they have achieved. The conversation also highlights the importance of community, the role of government in supporting micro enterprises, and personal insights from both founders. 

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Richard Ng is a seasoned social impact leader with over a decade of experience driving innovation and growth in both the nonprofit and for profit sectors, and currently is the Program Manager and Co-Founder of IndigiDAO, an initiative supporting indigenous entrepreneurs to set up economic cooperatives to create a kinship economy. Richard's passion for creating positive social change is evident in his impactful work across a range of industries.

Henry Jake Foreman MCRP is a specialist in facilitation, development, and implementation of engaging learning experiences for students of all ages and has created a variety of curricula around education, health, and entrepreneurship. He is the founder of Karuna Colectiva, a social enterprise that delivers the principles of engagement, innovation, and application through mentorship, bicycling, and cooperative economics. He is also the Program Director of New Mexico Community Capital and manages the Financial & Business Basics course that is designed to help build a solid foundation to form and grow business ideas with a personal financial plan for success.

We discuss:

• IndigiDAO’s aims to support Indigenous entrepreneurs through a DAO structure.
• Community and collaboration as essentials for Indigenous entrepreneurs.
• Prioritizing assistive technologies in IndigiDAO's design and mission.
• The impact of The Robert Wood Johnson Foundation grant on IndigiDAO's development.

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Chapters

• 0:00 Leveraging Web3 for Cultural Preservation and Economic Sovereignty with Richard Ng and Jake Foreman
• 2:09 The Birth of IndigiDAO: A Vision for Indigenous Entrepreneurs
• 4:39 Core Objectives of Indigidial and the Kinship Economy
• 10:23 Grant Impact and Development of IndigiDAO
• 15:16 Milestones and Future Directions for IndigiDAO
• 20:22 Showcasing Indigenous Entrepreneurs and Their Projects
• 26:59 The Role of Government in Empowering Micro Enterprises
• 32:22 Advice for Aspiring Indigenous Founders