The global crisis the world is facing is stress. 

Stress is the World’s leading cause of disability (WHO, 2022) creating increases in Absenteeism, Presenteeism and Burnout in the workplace costing the global economy $1.47 Tr annually in productivity losses.

Each year globally the productivity losses are:

• $ 1 trillion USD in absenteeism
• $150 billion USD in presenteeism
• $322 billion USD in burnout

Stress can negatively impact people’s health, relationships and careers. lives, families, and businesses. 90% of employees have said struggling from stress, anxiety or mild depression stops them from thriving at home and work.

With additional challenges of the last few years, many people are feeling exhausted, depleted, on the verge of burnout, or neglecting their health and wellbeing as there always seem to be other struggling priorities. However, it doesn’t need to be that way.

There are also big issues in Web 2.0 such as:

1. Privacy & Trust

Due to the personal nature of wellbeing data, security and privacy are critical. Our internal survey shows privacy as a top concern for our users. Web 2.0 data resides in centralised storage, vulnerable to criminals and fraudulent behaviours. Moreover, centralised businesses harvest our data to manipulate and monetise without our permission. Our lives are increasingly digital and we have matured to a point where the debate over privacy and trust has come to the forefront of mainstream society. Digital natives are actively seeking alternatives TODAY.

2. Ownership

Web 2.0 businesses control and often own the content created by their users including personal data such as profiles, personal images and content. Data silos create an uncompetitive environment that limits the value delivered to creators and consumers alike.

3. Security & Control

Centralised databases are more vulnerable to bad actors and fraudulent behaviour. Creators and businesses are awakening to the limitations of web2 and how have little or no say in the control of the value and the livelihood they built online.

The solution lies in Web 3.0 to maximise the Blisspot global wellbeing

Web 3.0 benefits include:

• Rewards people for participating in their own wellbeing.
• Decentralisation is where instead of the Internet being owned and controlled by centralized entities, ownership is instead distributed among its builders and users.
• Allows users to own and control their identity, data, and privacy
• Return content rights to authors
• A new digital economy with transparent management yet user data is private and secure.

Increasing productivity and profit:

Wellbeing has the ability to boost people’s health and happiness positively impacting all areas of their life, including performance at work. This is having a flow on impact of helping businesses to:

• Increase productivity, engagement, and morale while boosting the business’s brand and reputation
• Proactively prevent sickness, stress and burnout
• Achieve a 6:1 Return on Investment from implementing a wellbeing program. (Harvard Research, 2018)

Additionally—according to a study by Medibank Private—healthy people are nearly three times more productive at work than unhealthy people, making businesses investing in wellbeing worthwhile.

What is Blissspot 3.0?

Blisspot 3.0 is a network designed to create a win-together market, a social commerce network like a decentralised Youtube dedicated to wellness.

The mechanics and economic systems are designed to incentivize the following objectives:

• Grow quality content while maintaining affordability.
• Users engage with creators for a richer and more social experience.
• Participate in your own wellness.
• Participate in the wellness of others.

A decentralised network for social commerce

The need for social interaction, support and connecting with experts is a top priority for the wellness community. However, existing tools do not offer private and safe spaces for people to engage. Blisspot 3.0 uses the decentralised architecture of web3 to provide a safe, secure and private space for people.

Value:

• Private chats, groups, forums, and interactions with experts.
• Private social commerce.
• No monetisation of your data.
  

Features:

• Private spaces.
• Web 3 secured, self-custody of wellness data.
• Control what you share and who you share your information with.

Blisspot already has a thriving community of over 80 global wellbeing leaders, over 16,000 free users and over 16000 individual pieces of wellbeing content such as online blogs, courses, podcasts and meditations. Blisspot is currently raising $30000 to transfer our community to the Web 3.0 space by building our Web 3.0 MVP. 

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