XMED Review and Rating
Stage of The Project7.5/10
Token Sale Terms8.0/10
- Project Feasibility: The project is very ambitious and will confront both technical and go-to-market challenges. Among XMED Chain’s founding team is the founder of “Health Without Borders Limited” and the convener of Hong Kong Specialist Care Foundation (HKSCF). Among its advisors is Jiping Liu, who took part in the founding of Baidu (The ‘Google’ of China). The team’s experience and connections in the medical industry should help them to build a successful platform and to penetrate into the medical market.
- Innovative project: Entering 2018, two things are clear – the first one is the fact that healthcare is ripe for disruption since there is a lack of a utilized global standard system that can track and compare optional health services as well as prices around the world. The second one is that there is a massive opportunity for blockchain technology to lead this transformation mainly due to the benefits of the communication, storage and security virtues. The main innovative idea here, compared with other competitors, is the combination of blockchain technology with artificial intelligence (AI) and big data analytical.
- Use of the XMC token: XMC tokens will be consumed by users wishing to buy medical services on the XMC platform. In order to lower the barriers of entry, XMED Chain decided to also accept fiat on their platform. The main reason for a user to use XMC tokens is to lower costs (5-10% discount). Purchasing with XMC could lead to a large discount for the user (Medical services are pretty expensive). The fact that the services on the platform can be bought with currencies other than XMC tokens lowers the correlation between the success of the platform and the demand for the token.
Public Sale Ended
31 Mar 2018
Token type: Ethereum ERC-20
ICO price: 1 XMC = 0.1 USD
Finite token number: 700000,000
Token Allocation: 31.4% Public
Availability: USA and Chinese citizens are excluded
Accepted Currencies: ETH
March 15, 2018
public pre sale = 15% Bonus 50% Principle lockup for 3 months
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