What is Web3?
A Brief History of the Internet
We engaged with websites like billboards, where we read information and left.
This is like your individual therapist website.
2000's - Present
We engage with each other on platforms owned by big companies.
All the value is created by users, but the value is captured by the company.
This is like social media (such as Meta) as well as big virtual clinics that are often in the news for unethical practices.
Present - Future
We engage with each other through connected communities that own and operate the platforms we use.
Power is distributed and communities make decisions.
Web3 can Improve the
Business of Mental Health
Large clinics dictate therapist pay & practices
“Uberization” of contract therapists
All equity and revenue flows to investors
Single person (often not a clinician) sets policies and ethics for clinical care
Community is rare and unpaid
Therapists only paid for clinical work
Community of therapists set rates and practices
Therapists free to determine caseload
Therapists own and share revenue and equity
Group decision-making and accountability
Transparent and credible
Community engagement is systemized and rewarded
Paid opportunities for non-clinical work
What is a DAO?
Decentralized Autonomous Organization
A DAO is a new business model allowing groups of people to communally own, manage, and govern an organization.
No one owner or hierarchy.
Engaged community shares governance, voting, and organization building.
Encoded 'smart contracts' automate a lot of paperwork.
Operations can function automatically once set in code by the community.
Community works toward a common goal: empowering therapists to own the business of mental health.