The metaverse is often presented as a place where revolutionary things will happen. As such, it is attracting those who have revolutionary ideas.
Arabian Prince is one of those who sees the metaverse as a tool that can be used to bring important change to the world. Predominantly known for revolutionizing the world of music as one of the founding members of rap supergroup N.W.A., Prince has now set his sights on bringing a revolution to the world of healthcare — and the metaverse is the place where the revolution will start.
Prince is one of the founding members of MdDAO, a first-of-its-kind decentralized autonomous organization (DAO) founded in 2021 that will focus on health, wellness, and the metaverse. MdDAO brings together a diverse and complementary group of individuals with expertise in healthcare, marketing, and technology to design and construct the premier health and wellness metaverse.
“Our vision is to develop a platform where healthcare consumers and medical professionals can interact and collectively reimagine the future of healthcare in the metaverse,” explains Arabian Prince. “How can we gain true insight into the healthcare experience, and how can this be translated into improved access to care, engagement, and health equality? By taking advantage of a DAO, we will be able to harness the collective knowledge and innovative thinking of medical experts, healthcare professionals, patients, and individual users.”
A DAO is a member-owned community with decentralized leadership that relies on blockchain technology to manage its organizational model, including its decision-making and finances. Membership in a DAO is achieved through the purchase of non-fungible tokens (NFTs), which grant members their voting rights for the organization’s decision-making process. The DAO operates through proposals that are issued and voted on via blockchain.
Exclusive memberships in MdDAO are being offered through the purchase of NFTs that grant governing benefits and other exclusive perks and VIP privileges. Community members gain the unique opportunity to contribute and vote upon key aspects of the design, functionality, and direction of MdDAO.
“We are incredibly excited to partner with MdDAO to revolutionize healthcare and the medical industry by taking health and wellness into the metaverse and directly to the consumer,” says Dr. Chanita Hughes Halbert, Vice Chair for Research and Associate Director for Cancer Equity at USC. “This community-led process will ensure that all participants of the DAO will have the opportunity to have their voices heard, creating a more accurate reflection of the true needs and aspirations of the community as a whole.”
A medical utility token, known as MedV, will serve as the preferred transactional token in the MdDAO metaverse. MdDAO envisions virtual property, events, and services among the transactions that will be possible in the metaverse. A “healthy habits” reward program will be a key initiative aimed at driving adoption of the MdDAO platform in both the virtual and physical worlds.
“MdDAO will break down barriers to more healthy living — including modern medicine’s inconvenience, discomfort, and lack of support for the whole person,” says Gregory Weiss, Professor of the Departments of Chemistry, Molecular Biology and Biochemistry, Pharmaceutical Sciences at the University of California, Irvine. “Such barriers keep too many people, especially individuals from marginalized communities, from the benefits of the latest science and medicine. Additionally, bringing scientists like myself into the metaverse can guide people towards maximizing their health and lifestyles by validating and encouraging the best evidence-based practices.”
MdDAO is committed to improving access to care, opening doors for innovation, and leveling the playing field in the world of healthcare. Whitelist reservations for the NFT drop can be made via the MdDAO website. Only 45,000 Founder Memberships will be available.
“MdDAO will address the shortcomings inherent in our current healthcare system, as well as design and construct a more personalized approach to health and wellness,” says Prince. “The release of our membership NFT tiers is the critical first step on our path to redefining how we deliver and experience health and wellness. This is a pivotal moment. Join us to reimagine the future of health and wellness!”