The Red Door Life parent company Evergreen Fund, a non-profit dedicated to advancing mental health and addiction recovery, fosters many incredible initiatives at the intersection of wellness and tech. We are excited to announce our latest portfolio project: Bitcoin On Base.
The need for mental health and addiction treatment is growing. People are hurting everywhere and can’t get the help they need, especially in places where no one seems to care. The systems we trust to give that care are breaking down. They’re slow, expensive, and don’t reach the people who need them most.
But there’s something new: cryptocurrency. It’s changing things fast, and it’s giving people a way to help themselves and each other without the red tape. Crowdfunding with cryptocurrency is direct, fast, and, for the first time, giving people a real chance at recovery.
The Problem: Getting Help Costs Money
Mental health care and addiction treatment are expensive. It's too costly for most between the price of therapy, the cost of medication, the fees for rehab, etc. These are out of reach for millions of people. And in many countries, especially the poorer ones, mental health care isn’t even available. Where there is no money, there are no resources.
People who want help often don’t ask. There is stigma and shame. How can you go to the world with your hands out, asking for help to fight your demons? Most don’t do it- and if they did, who would answer? Instead, they suffer quietly. Alone.
This is where cryptocurrency can change everything.
Cryptocurrency and Crowdfunding: A New Way
Cryptocurrency isn’t like regular currency. It doesn’t need a bank, and it doesn’t need the approval of governments. It runs independently, free from the usual systems that slow things down. With cryptocurrency, you can raise money from anywhere in the world: no waiting, no paperwork, no banks in the middle.
How does it work? Simple. A person, clinic, or organization can set up a cryptocurrency wallet. They share it, and people can send money directly. There are no fees or delays. The money goes where it needs to go right away.
And there’s more. Cryptocurrency gives something valuable: privacy. This matters, especially for those dealing with addiction. It’s hard enough to ask for help, let alone to do it publicly. But crypto lets them do it quietly, without shame.
Peer- to- Peer Support: No Middlemen
Cryptocurrency makes crowdfunding easier and peer-to-peer support possible. It’s like a lifeline, direct from one person to another. There are no middlemen or gatekeepers.
So, how exactly does cryptocurrency break down the barriers to treatment in underserved areas? Here’s what it does:
1. Global Reach: Anyone with an internet connection can get help with cryptocurrency. It doesn’t matter where they live. Traditional banking systems leave people out. Cryptocurrency doesn’t.
2. Low Fees: Sending money across borders usually costs a lot, not with cryptocurrency. It cuts out those fees, so more money goes to those needing it.
3. Trust and Transparency: Every cryptocurrency transaction is recorded on a public ledger. That means no one can hide where the money goes. Everyone can see it, and everyone knows it’s going to the right place.
4. Speed: Time matters in a crisis. Traditional money transfers take days, even weeks, while cryptocurrency takes seconds. Help comes fast when it’s needed most.
Proof: Cryptocurrency in Action
This isn’t just an idea—it’s happening now. Platforms like Giveth already use cryptocurrency to fund mental health and addiction recovery. They ensure that donations reach the right people quickly and without barriers.
Mental health nonprofits are catching on, too. They’re starting to accept cryptocurrency, tapping into a new pool of donors. These people believe in blockchain and want to use it for good. And they’re putting their money where their belief is.
The Future: Where We’re Headed
The future of cryptocurrency and mental health funding is bright. As more people adopt crypto, we’ll see new platforms designed just for this. We might even see smart contracts—automatic agreements that release funds when certain goals are met, like finishing a therapy session.
Imagine global networks where people can pool their resources to help those in need, no matter where they live. The possibilities are endless, and the impact will be huge. Cryptocurrency is tearing down the financial barriers and making mental health care accessible to everyone.
Conclusion
Cryptocurrency is here, and it’s changing the way we fund mental health and addiction treatment. It’s direct, fast, and transparent. It’s opening doors for people who have been locked out of care for too long.
Crypto is making a difference- transforming how we help those in need.These technologies will make access to lifesaving care easier and faster as they grow. Cryptocurrency is leading that change, and its future is brighter.
Bitcoin on Base is leveraging blockchain technology to help facilitate seamless user onboarding for both retail and corporate entities in the financial and healthcare sectors. Base exists to empower those building a decentralized future, offering a secure, low-cost, builder-friendly way for anyone, anywhere, to build onchain.
In anticipation of these advancements, Bitcoin on Base has assembled a comprehensive leadership team with extensive experience and successful track records in the financial and healthcare sectors, paving the way for a new global economy on Base. In addition to the first Based LA Community Meetup, we have many other exciting projects in development such as wearable tech which leverages the power of AI to prevent overdose, and a groundbreaking coliving coworking space for recovery, connection, and personal development.
Follow Evergreen Fund on X for more updates surrounding our initiatives.
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