‍Impact investing with a smile: how DAOS and refi can be used to help the uk dental crisis

How can DAO and ReFi be used to help the uk dental crisis, in this first part 1 post we cover the basics on how blockchains

March 13, 2024

The state of dental care in the UK is no laughing matter, limited access, long waiting lists, and financial burdens leave many UK citizens struggling to achieve that correct dental care that we all deserve. But what if there was a way to empower communities, rethink and reorganise funding, putting the power back into the hands of patients? Enter Decentralised Autonomous Organisations (DAOs) and ReFi (Regenerative Finance), two innovative tools with the potential to revolutionise the way we fund our dental practices. In this blog post we promise to break down how the DOA’s and ReFi can be used 

The Struggle is Real:

  • Finding a dentist through the nhs feels like winning the lottery: 90% of practices don't accept new adults, 80% reject children. Unfortunately we see that rural areas and disadvantaged communities are hit the hardest.
  • Cost can be a major barrier: NHS coverage doesn't extend to everything, leaving expensive procedures financially out of reach for many.

A Ray of Hope: Crowdfunding & ReFi to the Rescue:

1. Crowdfunding for Smiles:
  • Individual cases: Imagine someone needing critical treatment not covered by the NHS. Crowdfunding platforms like GoFundMe can connect them with compassionate individuals willing to help them achieve their dental goals.
  • Community initiatives: Lack of equipment in local charities? A crowdfunding campaign could raise funds for vital tools, making essential dental care more accessible.
  • Campaigning & advocacy: Organisations fighting for better NHS dental funding or fairer policies can leverage crowdfunding to fuel their activities and amplify their voices.
2. ReFi: Decentralized Funding for Decentralized Smiles:
  • DAOs (Decentralised Autonomous Organisations) are communities with shared goals, governed by transparent rules encoded on the blockchain. Imagine a DAO dedicated to improving dental access. Members could pool funds, collectively decide how to use them, and invest in initiatives like mobile clinics or scholarships for future dentists.
  • ReFi allows for impact investing, ensuring funds are used responsibly and ethically. Imagine investors directing their capital towards dental care projects that not only improve oral health but also create jobs and empower communities.

Why You Should Care:

This isn't just about getting a perfect smile (although that's pretty great too!). Poor oral health leads to a domino effect of problems, from physical pain and social anxiety to increased healthcare costs and lost productivity. By supporting innovative solutions like crowdfunding and ReFi, you're not just helping individuals, you're investing in a healthier, more equitable society.

Join the Movement:

Join our Beta Test Register your interest in the link HERE and join the Pipe GDAO