In this week’s podcast Tim Cools speaks with Lukas, the operator and person behind PsyADA – the psychedelic cardano stake pool – about cryptocurrencies, and merging the psychedelic world with cryptocurrencies.
- Lukas’ background
- Merging the Psychedelic Space and the Crypto Space
- Introduction to Cryptocurrencies and Stake Pools
- The Purpose of the Psychedelic Cardano Stake Pool
- The Future of Cryptocurrencies
- Promoting Education in Crypto and the Psychedelic Space
Lukas is the operator and person behind the Psychedelic Cardano Stake Pool.
Psychedelic Stake Pool is a cryptocurrency project based on the Cardano blockchain. We donate 20% of our revenue to support psychedelic research, plant medicine projects and projects oriented to education andawareness about psychedelics and their possibilities for the treatment of mental health disorders and their use in therapy. We also donate another 5% of the revenue to tree planting.
Cardano is a Proof Of Stake and energy-efficient blockchain. ADA (Cardano coin) holders can stake their coins to our pool and startreceiving a part of the rewards from the block production of our nodes -this is a basic security mechanism in the Cardano blockchain and it’s called staking. By staking, delegates are basically voting for theirnode in the network and PsyADA is one of the 3000 nodes that are runningthe decentralized network, validating transactions and recording theminto blocks. In this process, both – the delegates and pool operators are rewarded. We make the donations from the part of the pool operator’srevenue, not from the rewards of our delegates.
In the last year of our operation, we supported 10 psychedelic organizations (MAPS, Beckley Foundation, Chacruna, Psyres, etc), donated over 6000 dollars and planted about 900 trees. We hope to support more organizations in the future as the project and Cardano ecosystem keeps growing.
About Tim Cools
Tim is a psychedelic integration specialist and legal psychedelic guide. He facilitates powerful, life-changing experiences for professionals, to help their professional lives come in alignment with personal ambition and values.
Tim is a Mindfulness-based stress reduction (MBSR) teacher, a certified coach, and psychedelic advocate, educator and guide.
He is an entrepreneur and co-founder of Tools Of Awareness, a personal development center focussed on combining psychedelics and mindfulness to grow personal and interpersonal awareness though (online) courses and retreats.
Furthermore, he founded Psychedelic Experience, an online non-profit platform for information surrounding psychedelic substances. It’s a community based non-profit organization, created by and for psychedelic and plant medicine communities.
His personal interests are technology, meditation, metaphysical and eastern philosophies, shamanism and the healing power of nature and plants