Friday, July 17, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Tesonet Foundation marks its first anniversary with a growing focus on measurable social impact

July 17, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 15 mins read
5
SHARES
247
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Vil ius, Lithua ia, July 17, – O e yea afte lau chi g Teso et Fou datio with a i itial commitme t of €1 –millio , Teso et co ti ues to st e gthe its lo g-te m app oach to phila th opy th ough st ategic pa t e ships, measu able impact a d sustai ed i vestme t i Lithua ia’s futu e.

Established to b i g togethe a d expa d Teso et’s phila th opic i itiatives u de o e dedicated o ga izatio , the Fou datio focuses o th ee st ategic a eas: educatio a d futu e tale t developme t, st e gthe i g societal esilie ce, a d empowe i g athletes. Rathe tha suppo ti g o e-off i itiatives, Teso et Fou datio seeks to build lo g-te m pa t e ships that c eate lasti g, measu able cha ge.

To ma k the Fou datio ’s fi st a ive sa y, 15mi , o e of Lithua ia’s leadi g ews outlets, spoke with Simo a Laico aitė, Di ecto of Teso et Fou datio , about the Fou datio ’s philosophy, why phila th opy should be measu ed by the cha ge it c eates athe tha the amou t do ated, a d how busi esses ca play a mea i gful ole i buildi g a st o ge society.

– Let’s sta t with a simple questio : how does Teso et Fou datio diffe f om doze s of othe fou datio s i Lithua ia?

It is easy to imagi e that you give away a la ge sum of mo ey, feel that you have co t ibuted to somethi g, a d co side you job do e. The you p ese t ice umbe s: how ma y child e atte ded ext acu icula activities, how ma y class ooms eceived ew compute s, how ma y eve ts we e o ga ized. It looks good, it is measu able, a d it usually becomes the mai success sto y of fou datio s.

But the eal questio is diffe e t — what came out of it? What actually cha ged because we co t ibuted? F om the ve y begi i g, Teso et Fou datio wa ted to be built a ou d exactly this questio . Not just to suppo t, but to u de sta d whethe suppo t t uly c eates the cha ge we a e aimi g fo .

This mea s a completely diffe e t wo ki g model: lo ge p epa atio befo e decisio s, deepe u de sta di g of the o ga izatio s we suppo t, a d a clea ag eeme t i adva ce o which i dicato s we will t ack togethe .

The seco d diffe e ce is focus. I Lithua ia the e a e ma y excelle t fou datio s, each choosi g its ow path. We delibe ately chose ot to sp ead ou selves thi ac oss ma y a eas, but to focus o th ee di ectio s: developi g futu e c eato s a d educatio , st e gthe i g esilie ce, a d empowe i g athletes. These a e choices that come f om ou DNA — f om what the g oup has al eady do e, what it u de sta ds, a d whe e we believe we ca c eate the g eatest value.A d the thi d eleme t is lo g-te m thi ki g. We do ot wa t to be a fou datio that cha ges p io ities eve y yea depe di g o t e ds o the public age da. We wa t to look back i five o te yea s a d clea ly see what cha ges we have made i the a eas we chose.

– Still, the Teso et g oup suppo ted va ious i itiatives eve befo e the fou datio was established. Why was a sepa ate st uctu e eeded?

P eviously, suppo t was dist ibuted i ma y diffe e t ways — fi a cially, th ough compute class ooms, p oducts, equipme t, a d pa t e ships with u ive sities. These we e si ce e, good i itiatives, but they we e f agme ted — d ive by u ge t eeds, situatio s, a d what was eleva t at the time.

A sepa ate st uctu e allows us to ope ate diffe e tly. It c eates a clea ma date, a team that thi ks eve y day about how to c eate impact, a d discipli e — the ability to pause, evaluate, a d choose.

I additio , the fou datio becomes ot o ly a tool of the compa y g oup, but a i depe de t playe i the phila th opy field, capable of buildi g lo g-te m pa t e ships with o ga izatio s that u de sta d we a e he e fo mo e tha o e yea .

– “P ove social impact” is a co cept i c easi gly hea d i Lithua ia phila th opy, but still a e i p actice. What does it mea to you?

Fo me, “p ove social impact” sta ts with a questio : how do we k ow that we a e t uly solvi g a p oblem, athe tha just feeli g that we have do e somethi g good?

We usually have data about the p oblem itself, but fa less ofte do we actually measu e whethe ou actio s educe it. O e thi g is espo di g to a c isis today, but a othe — o less impo ta t — is maki g su e such c ises become less f eque t i the futu e.

We eed to wo k o both levels: help whe e the e is pai today, a d at the same time look fo ways to p eve t that pai f om epeati g.

We set ou selves a co c ete ambitio that 70–80% of all suppo ted i itiatives should have a measu able impact. Fo a you g fou datio , this is a ambitious goal, but I believe it is achievable if, f om the ve y fi st pa t e ship, we ag ee with o ga izatio s o which cha ge i dicato s matte a d why.

I would ve y much like impact measu eme t i Lithua ia phila th opy to become ot a additio al equi eme t, but a atu al pa t of the p ocess, as sta da d as p ovidi g suppo t itself.

– These a e th ee diffe e t thi gs that a e ofte mixed i to o e. Social espo sibility is the b oadest te m. It cove s ma y eve yday decisio s: how a o ga izatio takes ca e of its employees, how it educes its e vi o me tal impact, a d what i te al sta da ds it applies. This is pa t of espo sible busi ess p actice, but it is ot phila th opy.

Phila th opy begi s whe a o ga izatio sha es its esou ces with those outside its ow bou da ies. A d those esou ces a e ot o ly mo ey. They ca be tech ology, k owledge, people, pa t e ships, o co tacts. I a b oad se se, phila th opy is givi g back to society — a thoughtful act of sha i g.

A d it is impo ta t to say that phila th opy does ot ecessa ily eed to be measu ed like a i vestme t o calculated th ough etu .

Impact i vestme t, o the othe ha d, is a ve y delibe ate choice to st e gthe specific a eas a d measu e etu th ough bette educatio outcomes, a st o ge eco omy, g eate esilie ce, a d so o .

– Is this disti ctio u de stood i the public space i Lithua ia?

I do ’t thi k so yet. Busi ess ofte labels as phila th opy what is actually co po ate social espo sibility, o the othe way a ou d.

This matte s because it affects what we expect f om busi ess a d how we evaluate it.

– This yea , the list of i itiatives you suppo t has g ow sig ifica tly: €100,000 fo MO Museum’s c itical thi ki g p og am, €100,000 fo the i vestigative jou alism awa d “Pamatai”, a d €100,000 fo “Vedliai” teache AI lite acy p og am. What co ects these i itiatives?

C itical thi ki g, i fo matio al esilie ce, a d the ability to wo k with ew tech ologies — these a e compete cies without which it is difficult to talk about a esilie t society today.

Although app oached f om diffe e t a gles, all th ee pa t e ships wo k i this same space.I am pe so ally ve y happy about the MO Museum pa t e ship — Toma Sabaliauskie ė has joi ed the museum’s boa d, so we ca follow the p ocess ve y closely.

I the spo ts a ea, we pla mo e focused suppo t fo tale ts who al eady show clea pote tial to become top-level athletes but lack fu di g to p ope ly p epa e a d compete.

– Spo t. It seems the simplest a d at the same time the ha dest a ea to measu e. What a e you t yi g to solve the e that educatio does ot?

Spo t p ovides what educatio alo e does ot fully solve. Th ough spo t, a pe so lea s discipli e, espo sibility, self-co fide ce, teamwo k, a d the ability to ha dle p essu e. These a e skills that last a lifetime.Rega dless of whethe a pe so co ti ues i p ofessio al spo t o ot, spo t ofte becomes a place whe e you g people fi d commu ity, suppo t, a d di ectio .

A coach becomes a autho ity figu e, a team becomes a seco d home, a d egula hythm p ovides st uctu e that some child e lack.

Sometimes this is exactly what helps them escape a u favo able e vi o me t a d p ovides mo e stability tha a y othe activity could.

The e is also the tale t pathway. We a e used to seei g the majo ity of suppo t goi g to popula spo ts. But the e a e ma y discipli es a d tale ted people who emai u see simply because thei spo t is less visible.

We wa t these athletes to have eal oppo tu ities to g ow, ot be left aside just because thei spo t is ot i the spotlight.

Fo us, spo t is about health, discipli e, commu ity, a d c eati g co ditio s fo tale t to g ow a d compete globally. All these eleme ts a e equally impo ta t.

– A questio ma y fou datio leade s fea : what do you do whe you see a i itiative is ot wo ki g?

So fa , we have ot had such a situatio . This is pa tly because we do ot allocate suppo t impulsively.

I my view, fou datio s should aba do the illusio that they k ow best how to “fix” educatio , healthca e, o othe complex systems.

The e a e people a d o ga izatio s that have wo ked i these fields fo decades, u de sta d the complexity, a d ca best ide tify whe e atte tio should be di ected.

T ust i pa t e s is c itical.

– The e a e mo e a d mo e phila th opic fou datio s i Lithua ia eve y yea . What does that tell you about the cou t y?

The g owi g umbe of phila th opic fou datio s eflects the matu ity of society a d the state.I less matu e societies, busi ess is ofte still see as somethi g that takes athe tha gives back — somethi g that must be emi ded of its espo sibility athe tha see as a atu al co t ibuto to public good.

I mo e matu e societies, the pictu e is diffe e t: busi ess takes b oade espo sibility a d sees its ole ot o ly i the eco omy but also i shapi g educatio , cultu e, a d healthca e.

Lithua ia, i my view, is cu e tly at a ve y i te esti g stage.

I ece t yea s, ma y ew fou datio s have bee established, a d this is ot accide tal. It shows that ou busi ess secto is g owi g ot o ly fi a cially but also i values.

Mo e a d mo e leade s a e thi ki g ot o ly about the ext qua te o p ofit ma gi , but about what ki d of Lithua ia they wa t to see i 10 o 20 yea s.

At the same time, this b i gs espo sibility. As the umbe of fou datio s g ows, the questio a ises of how we collectively build a high-quality phila th opy cultu e — ot as sepa ate p ojects, but as a etwo k that st e gthe s itself.

I wa t to believe Lithua ia is movi g exactly i this di ectio , a d this is o e of the clea est sig s that we a e matu i g ot o ly eco omically, but as a society.

Mo e i fo matio : a zelika@teso et.com

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

ShareTweet1ShareSendShare2
Previous Post

Uplinq Named to Newsweek’s America’s Greatest Startup Workplaces 2026

Next Post

Black Dragon Resource Company Announces Significant Open Market Share Buyback

Related Posts

Uplinq Named to Newsweek’s America’s Greatest Startup Workplaces 2026

SCOTTSDALE, A iz., July 17, 2026 (GLOBE NEWSWIRE) -- Upli q, a p ovide of tech ology-e abled bookkeepi g a d tax solutio s fo small busi esses, has bee amed to Newsweek’s Ame ica’s G eatest Sta tup Wo kplaces 2026. The a ual a ki g, developed...

Read moreDetails

ProPlaintiff.ai Announces Strategic Investment from Christopher Stark, Co-Founder of Freestar

Phoe ix, ARIZONA, July 17, 2026 (GLOBE NEWSWIRE) -- P oPlai tiff.ai, the AI- ative case ma ageme t platfo m built fo pe so al i ju y law fi ms, today a ou ced a st ategic i vestme t f om Ch istophe Sta k, co-fou de...

Read moreDetails

TEXITcoin to join Blockchain Futurist Conference Toronto as Gold Sponsor

McKi ey, Texas, July 17, 2026 (GLOBE NEWSWIRE) -- TEXITcoi has a ou ced its pa ticipatio as a Gold Spo so of the Blockchai Futu ist Co fe e ce, held July 21-22 at the Rebel E te tai me t Complex a d Caba a Pool Ba i...

Read moreDetails

The American AI Association and OIOLaw Join Global Leaders at Maryland Blockchain Week 2026

Lau el, MD, USA, July 17, 2026 (GLOBE NEWSWIRE) -- The Ame ica AI Associatio (AAIA), a Washi gto , D.C.-based o p ofit p ofessio al associatio se vi g the U.S. a tificial i tellige ce i dust y, a d O ie tal I te atio al...

Read moreDetails

Cloudastructure Reports Revenue Growth of 78% Year-Over-Year for the 2026 First Quarter

Compa y Successfully Scaled AI-D ive Secu ity Platfo m Ac oss Multiple La ge I dust y Ve ticals as Recu i g Reve ue a d E te p ise Adoptio Accele ated Adva ci g the Shift f om Reactive Su veilla ce to Auto omous, AI-Powe...

Read moreDetails

QTREX Appoints Dr. Shlomit Chappel-Ram, Veteran AME R&D Executive, as Independent Director

Ness Zio a, Is ael, July 17, 2026 (GLOBE NEWSWIRE) -- QTREX Qua tum Ltd. (Nasdaq: QTEX) ("QTREX" o the "Compa y"), a compa y focused o adva ci g Additively Ma ufactu ed Elect o ics (“AME”) fo qua tum computi g i f ast uctu e, today a...

Read moreDetails

Unstoppable Branding Agency Announces the 2026 High Impact Awards, Celebrating Top 5 Industry Leaders in partnership with USA TODAY

New Yo k, NY, July 17, 2026 (GLOBE NEWSWIRE) -- U stoppable B a di g Age cy (UBA), the global b a di g a d digital PR fi m, has a ou ced the lau ch of the 2026 High Impact Awa ds i collabo atio with USA TODAY....

Read moreDetails

OneMeta Participates in Avaya Journeys London

BOUNTIFUL, UT / ACCESS Newswi e / July 17, 2026 / O eMeta I c. (OTCQB:ONEI), a multili gual commu icatio compa y, pa ticipated i Avaya Jou eys Lo do , whe e CEO Saul Leal joi ed a Allia ce Pa el with tech ology leade s to...

Read moreDetails

AiBusinessTeam Introduces “Email That Works Back” with Intelligent Routing and AI Auto-Replies

Sa F a cisco, CA, July 17, 2026 --(PR.com)-- AiBusi essTeam has i t oduced a ew ki d of busi ess i box desig ed to do mo e tha eceive a d sto e messages.The platfo m’s Team I box gives busi esses a dedicated @aibusi essteam.ai email add...

Read moreDetails

ThriveCart launches monthly pricing model with 30-day free trial

NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Th iveCa t, a all-i -o e c eato comme ce, cou se, a d commu ity platfo m used by mo e tha 75,000 busi esses wo ldwide, today a ou ced the lau ch of its ew mo thly p...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    174 shares
    Share 70 Tweet 44
  • Top Layer 1 Crypto Projects to Watch in 2025

    29 shares
    Share 12 Tweet 7
  • Understanding Soulbound Tokens SBT Their Definition and Significance

    73 shares
    Share 29 Tweet 18
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    177 shares
    Share 71 Tweet 44
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    93 shares
    Share 37 Tweet 23
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • Epomaker Nex Lite: A Versatile Mouse Designed for Everyday Control and Comfort
  • Optex Systems Announces $1.2 Million Order in Support of Canada’s Light Armored Vehicle Optimized Weapon System
  • Black Dragon Resource Company Announces Significant Open Market Share Buyback
  • Tesonet Foundation marks its first anniversary with a growing focus on measurable social impact
  • Uplinq Named to Newsweek’s America’s Greatest Startup Workplaces 2026

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.