Please describe your proposed solution.
The Solution: Wellness Initiatives using Cardano DAO Tools
- Create wellness initiatives to improve Adawell and Catalyst community members’ wellbeing free of charge
- Use Cardano DAO Tools to implement wellness initiatives, vote on which initiatives to run, what to fund, how to improve the wellness of our community members
What are wellness initiatives?
- Wellness initiatives are proposals that can be submitted by the Adawell community.
- Community members can propose and request wellness initiatives based on their needs and interests.
- Early members of the community can vote on these initiatives.
- Wellness initiatives can range from one-time events to ongoing programs.
The Problem
1-The need for a Wellness DAO: Wellness Challenges in the Digital Era.
1.1-Web3 Challenges:
- There is a pressing need for wellness support in the web3 space. Market volatility and technological advancements have contributed to mental health issues, productivity struggles, feelings of isolation, anxiety, and burnout. Corporate wellness programs are not enough to address these issues, and they can be expensive.
- Individuals in the modern world commonly face wellness challenges such as sedentary behavior, sleep deprivation, poor nutrition, lack of a support system, and the high cost of wellness services.
1.2-Systemic Challenges:
- The prevailing healthcare system primarily focuses on treating diseases rather than preventing them.
- This approach often overlooks proactive measures that could enhance overall quality of life.
- Quick-fix treatments are commonly prescribed, addressing symptoms without delving into root causes of health issues.
- Emotional and mental components of diseases are often neglected, leading to a departure from a holistic and humanized approach to health.
- Responsibility for health optimization is predominantly placed on individuals, who may lack necessary knowledge or skills for informed decisions.
- Discussions around wellness and preventive care are often sidelined until a disease manifests, limiting proactive health improvement.
- The ongoing global healthcare crisis has exerted immense economic pressure on healthcare systems, leading to medical staff burnout and patients feeling overlooked and unheard.
2-The Needs of Cardano DAO Tool Makers and DAOs in General
2.1-Cardano DAO Tools are now live, but they don’t have many DAOs using them
There are now several DAO Tools live on mainnet, ranging from full on governance protocols like Clarity and Summon Platform, to other tools such as Consenz, Voteaire, and Hazelbot which fulfill different needs of DAOs, and have different use cases.
The problem is, there is little activity on these platforms, because there aren’t many DAOs or communities looking to use these tools. The crucial thing these tools need is use. They need users to use these tools and provide critical feedback so the builders can understand their users’ needs better, and iterate their product.
2.2-New DAO use cases need to be experimented
DAOs are a new type of organization and they need to explored with fresh eyes and experimented with to fulfill their potential as a breakthrough organizational technology. As of 2023, there emerged several types of DAOs. Most notably:
- investment DAOs which invest in projects, NFTs,
- protocol DAOs which govern and develop a protocol,
- collector DAOs that collectively own things,
- grant DAOs that deliver grants in a field.
Alchemy has identified a total of 8 types, though these are the most prevalent today: <https://www.alchemy.com/blog/types-of-daos>
What is certainly missing is anything that goes beyond these DAO types. New experiments are needed to explore the potential of DAOs to organize people.
Wellness Initiative Categories:
- Events: Group meditation, yoga, or workout sessions with certified instructors, as well as fun activities like laughing yoga or dance sessions. <u>We will use </u><u>POAP</u><u> equivalent (</u><u>ex 1</u><u>, </u><u>ex 2</u><u>) on Cardano to create badges or collectibles to mark the attendance. Earned badges can be used in governance as voting power.</u>
- Challenges: Week-long or 21-day challenges such as intermittent fasting, walking 10,000+ steps daily, meditation or exercise streaks, elimination diets, and 4-week intervention programs. <u>We will use blockchain commitment tools for this category that will allow participants to earn through NFT pledges or use in governance as voting power.</u>
- Health Literacy Education: Webinars, workshops, wellness talks, monthly book clubs focused on wellness and longevity, and Q&A sessions with experts on various health topics and knowledge base. <u>We will use badges or collectibles to mark the attendance. Earned badges can be used in governance as voting power.</u>
We already have initiatives such as meditation and yoga sessions, 4-week sleep intervention programs as well as workshops on gut health and time management, ready to be provided by professionals.
Additionally, the community can suggest more initiative categories and sub-initiatives to be added.
How do DAO Tools come into play?
To decide which of such initiatives we as a community want, and to deliver the funding to the providers, we will test and use Cardano DAO Tools.
DAO tools will be used to:
- Decide what initiatives to fund as a community
- Allow for new initiatives to be proposed by members and 3rd party service providers
- Allow initiative requests to be provided by Adawell DAO
- Distribute funding to accepted initiatives
- Use of membership NFTs to access areas in Discord, or other ways to implement members only services within the DAO
- Use commitment/pledges for accountability mechanism through blockchain tools
- Decide who gets to become members, how new members are allowed in
- Decide on new roles, assign community members or newcomers to said roles such as community manager, Discord server admin, …
What DAO tools will we use?
- Summon Platform
- Clarity Protocol
- Hazelbot
- Consenz
- Voteaire
- and more to be decided during the implementation process.
Who does this benefit?
As the wellness of the Adawell community grows, it will have an impact on Project Catalyst, the Cardano Community, and Web3 members who are seeking to improve their wellness. It will be a hub for all to benefit.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
How does this proposal address the challenge?
The challenge concerns the improvement of the DAO ecosystem on Cardano. That means DAO tools that are useful, have users, and are being iterated on to deliver more and more value to their users.
With this proposal we aim to build the most reputable and prestigious Wellness DAO on any blockchain, and the leading DAO on Cardano. We will help the DAO ecosystem on Cardano by delivering a unique DAO use case and providing structured feedback to DAO tool builders on their products.
We will directly improve the challenge metrics below in two ways:
- by adopting the DAO tools ourselves as Adawell DAO
- attracting new communities to use these DAO tools by setting an example, creating videos and documentation on how to use these DAO tools
Challenge metrics:
- Number of Communities engaged in collaboration using Cardano DAO creation tools
- Amount of ADA coming from DAOs transaction fees after the solutions on this challenge get implemented
- Number of DAOs that use Cardano as governance/management chain in 6 months
Benefits to the Cardano ecosystem:
- Attract people to Cardano - By fostering a culture of well-being, Adawell DAO fills a gap in the Web3 space by establishing a wellness hub on Cardano. This initiative attracts more individuals to the Cardano community and promotes a culture of well-being. With the wellness sector predicted to grow to $7 trillion by 2025, our wellness DAO is well-positioned to drive increased adoption of Cardano. The establishment of a reputable Wellness DAO on Cardano sets our ecosystem apart in the blockchain landscape. The Web3 ecosystem is predicted to be valued at over $87B (USD) by 2030, and wellness plays a significant role in it.
- Improved Wellness - Our initiatives aim to improve the wellness of individuals in the ecosystem, contributing to a healthier and more productive community. It's a demonstration of how much our ecosystem cares and takes action to improve community wellness.
- Improving Cardano DAO Tools - Adawell DAO will actively engage in and test Cardano DAO Tools. Our feedback will help improve these tools. The successful implementation of Adawell DAO will serve as a practical example, inspiring and guiding other groups in the Cardano ecosystem who are interested in building their own DAOs.
- Gender Diversity - Data and our own observations indicate a higher representation of women in the wellness industry. By leveraging this demographic trend, we aim to attract more women to Cardano and onboard them through wellness initiatives.
- Adawell DAO aligns with the vision of the Hoskinson Health & Wellness Clinic. There is a potential collaboration to address wellness challenges and benefit the Cardano ecosystem. Charles Hoskinson's tweet on Grand Opening of the Clinic can be found here.
<u>Our Approach to Wellness</u>:
- Holistic and preventive care
- Appropriate disclaimers, reliable and evidence-based resources, scientific knowledge and expert opinions
How do you intend to measure the success of your project?
Success of the project:
1-Wellness of Adawell community improves
- Conduct periodical surveys to measure stress, balance and overall wellbeing
- Use participation metrics such as screenshots of events, registration sign-ins/ups
- Check-in with community in discussions
- Use self-reported metrics such as steps, screen time, sleep tracking
2-More than 5 Cardano DAO tools will be used, reported on, documented and videos watched
<u>Success metrics:</u>
- 20+ wellness and governance initiatives implemented
- 5+ tested Cardano DAO Tools
- 10+ participants in each wellness initiative
- 5+ achieved wellness goals targeted by community members via accountability and support boost within Adawell community
- 5+ rewards in forms of ADA/Token/NFT/ shared with participants of wellness challenges
- We aim to receive 3+ positive feedback every month on how Adawell impacted community wellness.
- DAO Tool makers make improvements based on feedbacks provided by our DAO
Please describe your plans to share the outputs and results of your project?
- Share with web3 space that it has a dedicated wellness DAO now they can join.
- Posts on Twitter, Discord of web3 communities
- Share DAO tool usage on Youtube as videos.
- Share videos directly on DAO tool maker's Telegram/Discord channel.
All links will be easily accesses via our Linktree