Ep. 111: Functional Wellness Community (Michelle Martin | CEO Maka Health)
In this episode of Health Unchained, Ray explores functional wellness and the journey to achieving it with Michelle Martin, founder and CEO of Maka Health. Michelle shares how to use of web3 technologies in the health industry and how her company, Maka, is making a positive impact. The conversation covers Michelle’s involvement with the Creative Destruction Lab in Toronto, the benefits of decentralized protocols, and the application of game theory and peer-to-peer engagement in the field of health. Listen in as Michelle shares her insights and thoughts on the current state and future of functional wellness.
Links and Resources:
Topics Covered Include:
00:00:00 – Intro
00:01:43 – Michelle Martin background
00:03:59 – Art marketplaces and web3
00:06:40 – Creative Destruction Lab in Toronto
00:08:07 – Blockchain/Healthcare Niche
00:10:16 – Genetics and labs, and how they can help you achieve optimal health and a longer life.
00:13:51 – Health tokenization and the potential of this untapped market.
00:15:18 – Explore the creation of a robust platform for functional medicine, similar to the success of Uber in the transportation industry.
00:18:16 – Health Unchained News Corner
00:21:20 – Michelle Martin shares her thoughts on the evolution of wellness culture and its impact on healthcare.
00:25:23 – Dive into the complicated world of legalizing psychedelics in the US and understand the implications it has on society.
00:28:14 – Navigate the gray scale of chronic illness and understand the importance of consent and control in healthcare.
00:30:31 – Discover the challenge of achieving dignity in a transparent world and the role technology plays in healthcare.
00:32:55 – Learn about the year of community and how patients and peers are driving market health through engagement and technology.
00:35:03 – Technology is bringing together crowds to reach consensus on healthcare governance and user feedback.
00:37:18 – Healthcare governance and user feedback, and learn how they are shaping the future of healthcare.
00:41:19 – Importance of supporting clients with functional medicine practitioners and how it can improve health outcomes.
00:44:16 – Democratizing real estate ownership and the potential it holds for the future
This news corner is about decentralized autonomous organizations (DAOs) and their legal status. Currently, DAOs have no legal status in most jurisdictions, but some lawyers are optimistic about the concept as a movement for the modernization of the corporate world. The Howey Test is not used by the Cayman and British Virgin Islands legal system, which is seen as a favorable jurisdiction for DAOs to operate. However, if a DAO is not wrapped into a corporate shell, it could be viewed as a general partnership and individuals involved could be held liable for the actions of the DAO. Despite the challenges, many lawyers are optimistic about the future of DAOs as a new way of organizing businesses.