Member Article

Former psychiatrist embraces the potential of Web3 to boost 'Mental Wealth'

With the cost of living crisis already causing financial difficulties for many, people across the United Kingdom are not only feeling the pinch but the pressure mentally will also be taking its toll. Latest news of the devaluing of the pound will cause further concern for many but is this economic downturn now the time to look to the future for both financial and mental health opportunities?

On Thursday 29th September, Royal Norwich played host to the launch of Wealth & Grace, an exciting new company with a mission to disrupt the existing mental health space by focusing on the importance of Mental Wealth.

The evening was hosted by Wealth & Grace founder Dr Lucy Davey and introduced their new initiative ‘Mental Wealth’ focusing on the three core concepts of Mental, Physical and Financial fitness. The aim of mental wealth is to find a balance across all three elements which can be enabled by the new, in development Wealth & Grace app as well as educational workshops with financial fitness experts which will look to the future of Web3 as an exciting new platform where users will be able to engage in physical and mental stimulating opportunities to gain rewards.

Next, Dr Lucy welcomed to the stage Educator, Gold and Gem Mining Entrepreneur William Ralston-Saul to explain blockchain and Digital Finance Expert Marco Pagnini to share insight on the Web3 platform. A panel discussion then took place inviting Kim Uzzell (Chartered Wealth Manager), Ozgur Kaplan (Web3 Community Specialist) and Dr Antonio Metastasio (Consultant Psychiatrist) to the stage to expand further on the importance of mental health and why now, more than ever, there needs to be a change.

The Web3 mental health space is currently unsaturated and through Wealth & Grace, Dr Lucy is excited to explore the possibilities for mental, financial and physical opportunities and rewards. Web3 enables gaming mechanisms such as NFT’s, providing users the opportunity to earn, monetise and stake the value they create. Current online interests people have at present could become an incentivised way of future earnings as well as providing stimulating engagement.

Following the successful launch event, founder Dr Lucy commented ‘With my background in medicine I have always been passionate to help others striving to find a balance between work, family and life. Times have become more challenging especially over the past few years heading into further turmoil of the cost of living crisis but in the meantime technology is evolving and creating new platforms where we can benefit mentally and financially to ease the burden which I am excited to be a part of and share with as many people as possible’

The glamorous evening included grand arrivals of the panellists to the vicinity by helicopter, welcome drinks and canapes, live entertainment by Ladies Night and DJ Olly Smith playing out the evening. A surprise flash mob performed by Freestyle Dance Co enticed the crowds to the dance floor and ​​Amata World brought to life an impressive AR dance experience demonstrating the new concept of dance to earn.

Through Wealth & Grace, Dr Lucy is keen to be at the forefront of the exciting opportunities provided by Web3. Currently focusing on a ‘Move to Earn’ model, the mental health entrepreneur is keen to introduce new users to the new technology and provide a safe platform to combat mental wealth.

For more information visit www.wealthandgrace.com.

This was posted in Bdaily's Members' News section by AmbitionPR .