Health Access Reimagined
Macharia Waruingi
Leading profound change in global health with blockchain at Actuate Foundation
Retroactive GLOBAL HEALTH Public Good funding will produce health for all by creating possibility of health access for everyone. Retroactive public good funding is founded on the PREMIS that it is impossible to know what WILL PRODUCE THE GREATEST public GOOD IN GLOBAL HEALTH ahead of time, but we can know what has been good only retroactively.?Us humans can only know something is good after it has happened. It is impossible to predict good, until good has happened. ?Similarly, it is impossible to predict what is bad until bad has happened. It is impossible to predict the future. ??We are gifted with 20/20 HIDE SIGHT. It is ??only possible to know in retrospect which global health approaches were actually good, or helped to produce good health ??and good economic outcomes in INDIVIDUALS living in developing countries ravaged by diseases and poverty.
The Idea
Retroactive public good funding for global health is a concept that is gaining traction, particularly in light of the unpredictability of emergence of global pandemics. The idea is simple: rather than relying on traditional funding sources, such as government grants and philanthropic donations, public good funding leverages new technology and financial tools to incentivize investment in global health initiatives.
Token Airdrop
What if we air drop tokens on people ??engaged in global health works? Over time, if those projects produce human health among people living in developing countries,, the tokens gain value in the market. ?The airdropped tokens shifts human incentives to produce global health. ?And gives private capital investors a business case for investing in global health on the premise that they will exit profitably. This is regenerative crypto economics, at best, a method of investment that completely aligns with ethos of Ethereum as expressed by Vitalik Buterin, in Quadratic Funding. Doing good for the public good, Funding global health with profit motive.
A token airdrop is a distribution of cryptocurrency tokens to a large number of people, often for free. Token airdrops have been used in a variety of contexts, from marketing campaigns to community building efforts, and they have the potential to be an effective way to fund global health initiatives.
Types of Rewards
In the context of global health, token airdrops will reward individuals who contribute to global health initiatives in various ways. For example, people who volunteer their time or expertise to support global health efforts are rewarded with tokens. Similarly, people who donate to global health organizations receive tokens as a form of thank-you. Token airdrops are used to incentivize individuals to participate in global health research studies, which could help to advance our understanding of various diseases and conditions.
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Challenge with Airdrops
One potential challenge with token airdrops is ensuring that the tokens are distributed fairly and equitably. This is particularly important in the context of global health, where there is a risk that those who are already disadvantaged may be left out of the token distribution process. To address this challenge, token houses combined with citizen houses do a great job of reaching the marginalized as I explained in the article Future of Health is in DAO published in Wyathi.
Opportunity
African countries are a particularly important focus for retroactive public good funding for global health. Many African countries face significant health challenges, including high rates of infectious diseases, limited access to healthcare, and inadequate public health infrastructure. At the same time, however, there are many opportunities to improve global health outcomes in African countries through targeted investments in research, prevention, and treatment.
Funding Research in Neglected Diseases
One promising example of retroactive public good funding in Africa is the use of token airdrops to support research into neglected diseases. Neglected diseases are a group of diseases that primarily affect people in low-income countries, and they receive relatively little attention and funding from the global health community. By using token airdrops to incentivize participation in neglected disease research studies, it may be possible to generate new insights and therapies that could improve health outcomes for millions of people.
Funding Community Health Workers
Another potential application of retroactive public good funding in Africa is the use of token airdrops to support community health workers. Community health workers are often the first line of defense in preventing and treating diseases in rural and low-income areas. By incentivizing participation in community health worker programs through token airdrops, it may be possible to improve health outcomes and reduce the burden of disease in vulnerable populations.
Promising
In conclusion, retroactive public good funding is a promising approach to financing global health initiatives. Token airdrops, token houses, and citizen houses all offer innovative ways to incentivize investment in global health, while also ensuring that resources are distributed fairly and equitably. By focusing on African countries as a key target for retroactive public good funding, it will be possible to make significant progress in addressing the most pressing health challenges in the world today