Let’s kick this article off by reminding anyone reading this that the mission behind Ravida is to make healthcare more humane. Our current, platform is largely used by people to help increase the affordability of helathcare. One of the ways we do that is by building a cash-infused rewards program. With $HEAL, the more you use our product, the more cash you earn back into your digital wallet each month.
Now that we’ve covered that - there’s a new way for you to leverage your rewards through Blackbird. Formally the best ways to use your $HEAL distributions IRL was to send your USDC to SPEDN or to your Coinbase Card.
Now, you can use your earned USDC as part of the $HEAL community to enjoy memorable dining experiences at top restaurants in New York City, Chicago, Charleston, and Los Angeles.
In this blog post, we'll dig a bit deeper into how you can make the most of this new feature, the benefits of our $HEAL token, and why Ravida is a game-changer for managing healthcare expenses.
A little bit of background - $HEAL is our web3 token built on the Polygon blockchain. It's an important piece of our rewards program, designed to provide monthly benefits to our users for their engagement and contributions to the platform.
The $HEAL token is a gamified way to incentivizing healthcare savings and participation, turning everyday healthcare interactions into opportunities to earn rewards.
The healthcare industry is often associated with high costs and financial burdens, particularly when it comes to accessing quality care. Our goal is to alleviate some of these burdens through our unique platform for covering your health and wellness expenses. Here’s how $HEAL stands out:
1. No Interest, Just Rewards: Traditional credit cards come with high-interest rates, making it costly to manage healthcare costs over time - even though the majority of U.S. adults will opt for using a credit card. Ravida's system allows users to request financial support for healthcare or wellness expenses with no interest. Only a flat fee which is determined by which payback period fits best within your budget.
2. Continuous Earnings: Once you earn $HEAL tokens, they remain in your digital wallet and continue to generate rewards. Each month, 5% of Ravida's fee revenue is distributed to $HEAL holders in USDC. This means you can keep earning even if you aren’t actively using the platform.
3. Support for the Community: By contributing to the network of other users, you provide capital for future asks from other users. For every dollar contributed, you receive one $HEAL token. This creates a supportive community where members help each other while also benefiting from ongoing rewards.
Blackbird is an innovative platform that partners with top-tier restaurants to offer unique dining experiences. They have recently introduced a new feature that allows users to pay for meals using USDC, enhancing the utility and value of cryptocurrencies in everyday life.
1. Earn USDC on Ravida: With every on-time micropayment or contributing to the community. Your participation earns you USDC, credited directly to your digital wallet.
2. Transfer USDC to Blackbird: Move your USDC to your Blackbird Pay app by purchasing their native token $FLY with your USDC. This process is seamless and can be done in under 30 seconds.
3. Dine at Top NYC, LA, or Chicago Restaurants: Visit any of Blackbird participating restaurants and use your the $FLY to pay for your meal or coffee via the Blackbird app.
Blackbird's new feature to directly allow transfers of USDC, and convert them into $FLY, expands the utility of Ravida's $HEAL rewards program. Since we distribute a portion of revenue via USDC each month, it means you can eventually have a meal on us just by using Ravida or sending your friends over.
Instead of simply holding your rewards, you can now use them to enjoy unique dining experiences. This not only makes your rewards more valuable but also adds an element of excitement and enjoyment to your financial gains.
Let’s look at a real-world example to understand how this launch benefits our users.
Jane regularly uses our app whether it’s for a dentist appointment, buying melatonin over the counter, or just covering the copay of her primary care physician. Ravida is the only method she uses to cover her health or wellness costs. Over a few months, she accumulates $1,200 of USDC in her digital wallet.
When Jane hears about the new feature from Blackbird, she decides to give it a try. She transfers her USDC to Blackbird and plans a special dinner at one of their partner restaurants in Charleston, SC.
Not only does she get a meal at one of the top restaurants in the city, she can do it again next month once the USDC hits her digital wallet again. Jane gets the benefit of knowing Ravida’s distributes that fee revenue to the $HEAL community on the 7th each month, she also feels like she’s gamed the healthcare system. Leveraging Ravida allows her to negotiate better terms with doctors and also do the same when she goes out to eat.
What’s not to love?
The new feature from Blackbird that allows you to use your USDC earnings from Ravida to dine at top NYC, LA, Chicago restaurants is a game-changer. They will continue to expand their restaurant list making holding $HEAL more valuable for getting amazing dining experiences across the country.
By leveraging the power of Ravida, you can manage your healthcare expenses more effectively, save money on interest, and continue to earn valuable rewards every month.
We are excited to see our users take advantage of this new opportunity and look forward to continuing to provide you with the best possible experiences and benefits. Stay tuned for more updates and keep exploring the many ways you can leverage your Ravida rewards to enhance your life.
Ravida makes healthcare more humane.
Help us, help others.
And make money doing it.