Insights on Well ICO
Mar 30, 2018 Posted / 680 Views
WELL is creating a global blockchain platform for high-quality healthcare. This platform will eliminate country borders and connect healthcare specialists and patients worldwide. It is a decentralized global healthcare network built on Ethereum blockchain and smart contracts. The platform is designed to disrupt and replace traditional healthcare models by providing easy access for patients anywhere in the world to receive remote diagnoses, second opinions, and preparation for in-person treatment from a curated group of the best medical professionals in the world. It allows patients to take control of their care delivery, whether at home with concierge services (personal assistant) or anywhere with telehealth services.
The WELL token will enable an on-demand system that solves the current problems of cross-border payments, data accessibility, and payment risk, allowing areas with the highest quality of healthcare to serve the entire world. The WELL token, an integral part of the WELL ecosystem, performs multiple functions and has been designed so that customers will want to use it frequently.
Their vision is a single point of access for both minor and serious conditions that transcends country borders; provides data, best practices, and innovation in compliant and secure ways; and removes payment friction from the system. WELL technology is designed to provide value to patients, doctors, and society as a whole.
The WELL crowdsale begins on April 15, 2018, at 5:00 p.m. PST and will continue until it reaches the hard cap of $28M Ether or Bitcoin or until May 15, 2018, at 5:00 p.m. PST. They will create 1.5 billion WELL tokens in total. They will create roughly 1.5 billion WELL Coin tokens. The tokens will sell at a rate of 1 WELL token = $0.1 dollar (10 US cents). Acceptable currencies will be ETH, BTC, BTH, LTC, FIAT + others via service providers
Blockchain will speed pre-authorization and enable timely treatment of the patient as well as accurate payment to the provider. The goal will be real- time determination of benefits, with the blockchain ledger shared among the stakeholders.
The WELL team is passionate about providing reliable access to global healthcare and delivering the following to their patients:
Ability to build healthcare networks: The WELL network already includes over 1,600 physical, occupational, and speech therapists and their assistants. WELL used proprietary recruiting technology and processes to build the largest therapist network in California in less than 18 months for a fraction of the usual healthcare recruiting costs. They will apply the same rigor to expand their network to many other specialists in the U.S. and globally. Their primary goal is to provide access to highly skilled and experienced medical professionals who can speak your language.
On-demand access: WELL will offer patients access to quality healthcare 24 hours a day, 7 days a week, 365 days a year without the burdens associated with travel and wait times. Additionally, where physically available, WELL will offer concierge (personal assistant) on-demand care directly to a patient’s home or work. Patients who once waited for months will be able to connect to a specialist in minutes or receive concierge care the same day.
Ease of use: A user-friendly interface provides access via the internet through video and phone, whenever and wherever.
Patients: Getting well faster
Main Benefits of WELL for patients
Form of payment: WELL tokens will serve as the main means of payment within the system, although they will accept and use other types of fiat or cryptocurrencies.
Currency exchange: It will also support price determination for WELL services. The system will take a fee in WELL tokens, and some premium features will be available only in WELL tokens. Gamification of healthcare: The WELL platform will award WELL tokens for behaviors that lead to desirable outcomes. Patients will earn WELL tokens for achieving markers, such as improved blood pressure, cholesterol, and other health measurements, or ratings and timeliness.
From Jan 1 to March 15 there will be 40% bonus
From March 16 to April 15 there will be 30% bonus
On April 16 there will be 25% bonus
From April 17 to April 22 there will be 20% bonus
From April 23 to April 29 there will be 10% bonus
From April 30 to May 6 there will be 5% bonus
From May 7 to May 15 there will be 0% bonus
Out of the roughly 1.5 billion WELL Coin tokens they will create, they will portion them as follows:
40% tokens will be Issued
40% tokens (up to 5% of them for special bounty and advisors programs) will be Reserved for business and network developments.
20% tokens will be for the team
In Feb 2018, Telehealth platform release
In Q2 April 16 2018, Crowdsale will be conducted
In Q2 2018, Telehealth platform deploys to U.S. self-insured employers and clinics
In Q4 2018, Blockchain releases for sandbox and bug testing bounty campaign
In Q4 2018, Blockchain platform releases for medical tourism, second opinions, and charity
In 2019, Partnerships with government medical agencies (example, Estonia's healthcare system)
In 2019, Launch blockchain group buying plan; work on U.S. health savings account
In 2019, Integrate blockchain with all major U.S. insurance providers
In 2019, Form partnerships with Japan, Korea, and China
In 2020, Goal: 1 million visits conducted per month
In 2020, Continue global integration with insurance and governmental healthcare systems
Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .
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