Please describe your proposed solution.
At a time when (social media) attention is a very valuable currency, mental health and well-being are having a hard time making its mark. People facing mental issues has been a long-lasting trend causing severe issues and very high social impact costs (€ 600B in EU and $1 Trillion globally in 2018, WHO).
So even before this virus appeared, people suffered already mentally.
Then the Covid pandemic - which is hopefully finally officially over soonish - fully accelerated the long-lasting "mental pandemic" (psychologists fully booked - waiting time often more than ten weeks…and if you are suffering today, when do you need support??) - and acted as catalyst: Demand for well-being has been increasing tremendously. Don’t we all know people who are stressed out and need support? Friends, family - and maybe even yourself?
Guess how this whole careoline heal2earn idea was created? Yes… one of the careoline co-founders suffered from a burn-out - and analyzed the root cause… he gathered a couple of old friends and entrepreneurs around him, goal: It's time to do preventive action for mental health, creation of awareness and de-stigmatization around this topic, so others won't suffer!
What to do to support all these people towards a happier life and society? Targeting both the most amazing and critical people at the same time in the very beginning: YOU, the tech guys :) Succeeding here will proof the bigger impact vision - and attracting a much wider community which will benefit as well.
In order to do so, together with you we will build an Open Source dApp on Cardano, to Healthy-Fi mental health and bring it to the masses. For sure the developers will be incentivized - hence win-win-win, that's what the careoline social impact project aims for. This is the starting point for building a bridge to a happier society.
As a result, we will see and feel a happier society, people who are way more reflected and less stressed which ultimately leads to much better decision making and less social impact cost, also tackling one of the UN Sustainability Goals: SDG3!
So our proposal will benefit the greater Cardano Community - it could even provide double benefits:
a) The Cardano Community will be even happier in the future; and
b) The Cardano Community will grow - since not only the already existing community likes to be in a happy and joyful state of mind… :)
c) Do you know a not so hidden secret? Our careoline logo - it's a magic fairy :)
And as you know, part of the careoline team speaks Spanish as mother tongue - and now go ahead, if you translate ADA in Spanish to English…you will be surprised - BINGO, it's a: Fairy :))
On a personal note, all of us founders have suffered, hence educated themselves as coaches, been to retreats - and do practice self-reflection and practice open communication and provide critical feedbacks to and with each other. Being aware of your mental state - so beautiful, so helpful.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Powered by Cardano and Web3, people get incentivized in a unique way with careoline “heal2earn”: Incentivizing (gamifying) healthy behavior makes people to win double! By improving their well-being and earning rewards (health token) at the same time. Early on - as preventive action, before people even start suffering.
The rewards can be used in the careoline in-house store for various opportunities like access to special coaching sessions, retreats in the careoline well-being “careoverse house”; or even doing something good for people in need via donating to the "careoline.foundation health DAO", supporting these people who have no access or cannot afford mental support.
In quite some countries mental health has not been integrated into primary care – hence we need to find another, innovative way to support!
Additional benefit: Users own their health data stored securely on Blockchain - and if they want to share and monetize their data for certain initiatives / research, they were even free and allowed to do so.
Based on all information above, build on Cardano the mental health dApp allows to be fully scalable - covering and educating the high demand of millions of people out there, seems like a Blockchain for Good impact use case.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Couple of topics could prevent the Cardano community from building such an important product:
- Funding: Bootstrapped idea with own money, effort and time - to attract great people and talent, mostly you need to offer more than only an important impact project.
- Development issues: Prepared Epics and many stories for sprints, hence plenty of things to be developed. The team is very experienced in managing development projects. Hence one issue could be the insufficient number of developers who are sought after, for sure. Though we believe creating this dApp hand in hand in a win-win-win way with the Cardano Community, we will create impact together - which is also great to see for every single person working on this important topic. Also we will incentivize all developers with ADA raised via mental health NFT launch to buidl
- Reach: Looking at the Cardano Community alone and it's drive towards impact creation, this will be more than fine when we do our job. Furthermore, we do have already some partnerships supporting each other. So the community will even grow from other (external) areas - potentially a lot.
- Lack of Creators (Coaches): We do have already 150 creators qualified (personal interviews), more than 1000 creators are in the pipeline.
- Happiness Index Creation: For long-term science based studies around how self-reflection and other self-caring, regular "rituals" help as preventive action to avoid social impact cost and pain, we need to intensify dialogue with research institutes. We have been in conversations with University of Zurich only so far - happy to receive recommendations by the community.
- Compliance (Health Regulations): Each country and each culture have its own perceptions at the regulatory level, even to the point of thinking that we want to compete with them. To mitigate this, we will use our partner program in which we will include the organizations, institutions, and authorities and comply with each necessary regulation.
Last but not least honestly topic: Maybe our own mental health state could prevent us from delivering - though for this, we know how to self-reflect and do count on our qualified coaches and the great community out there!