Hello, my dear friends and colleagues!
I am Ildar Fazulyanov, a serial entrepreneur with over 20 years experience in healthcare, fintech, and venture capital. And I am a founder of the WELL project, a global, decentralized, blockchain-based marketplace for healthcare.
The WELL team is unique. It combines extensive healthcare and fintech experience with blockchain and best software practices. WELL’s Crowdsale is a natural continuation of the team’s long-term vision of delivering frictionless, high-quality healthcare for everyone, everywhere.
We started WELL in April 2015 with a medical concierge service and by 2017 it was the largest therapist network in Southern California. Since then we have conducted 22,916 consultations and built our own private clinical network consisting of more than 1,600 providers covering 49 states in the US and many countries around the world.
And now, through our Initial Coin Offering (ICO), we plan to raise $28M to build the WELL platform which is designed to disrupt and replace traditional healthcare models by providing easy access for patients anywhere in the world to receive remote diagnoses and second opinions.
Which problems can blockchain provide
a solution for in healthcare?
The problem of recording patient information and EHR securely. As it’s known, data immutability is one of the main benefits of Blockchain technology.
Blockchain can help get rid of “knock-off”
Blockchain can potentially be the type of technology that can reorganize the whole process of how patients, doctors, clinics, and insurance companies interact.
Research organizations can benefit using Blockchain technology to request access to a patient’s data.
The WELL platform offers the healthcare industry a sharing-economy marketplace without country borders, intermediaries, or central hubs. Here, transactions between patients and healthcare professionals are routed through a decentralized peer-to-peer network.
Sign up to Whitelist of the WELL project to solve the world’s biggest healthcare issues.
I am glad to share our crowdsale experience with you and explain 5 steps that will allow you to:
Protect your crypto investment by choosing a reliable investment project
Instantly get a
Distinguish a project that is a “soap-bubble” in the ICO healthcare space from a project that can bring real money
How can you be sure it’s not a scam?
First of all, carefully read the Whitepaper for the project. A Whitepaper is a document that tells you everything you need to know about a business project.
For example, you may find ours here.
It should be a project with a working business model. WELL earns from several areas:
Transactions: A small fee for each transaction covers the marginal cost of that transaction and commitment to our charitable mission.
Ancillary Services: As a global healthcare marketplace, WELL will earn fees from services such as translations, pharmacy orders, partnerships, trials, access to training, de-identified data, and access to de-identified health histories. WELL will share these fees with patients and doctors who opt to participate in data-sharing programs.
Remote Patient Monitoring: WELL offers its solution for chronic conditions and pain management. We provide connected devices like iPads and other sensors and have medical practitioners on call. Clients pay monthly or annual subscriptions for themselves.
Network Access: Base access to the platform will be free or minimum cost. Larger and more complex medical organizations will pay for software implementation and customization.
Secondly, you can always find real comments and stories from people who have already tested the project by doing a quick search online or checking the official website or social networks. And of course, take a look at the documents on the state registration sites for the companies necessary licenses or other documentation needed to operate.
WELL was incorporated in Delaware, United States as Well, Inc. Corporation on June 4, 2015.
You need to be sure that you will make a profit after investing in the project
The WELL company will use the crowdsale proceeds primarily for the development of the platform. The amount raised and used may vary because of changing market, technological, business, and other factors.
The funds collected through the ICO will cover the expenses of the project until the project starts making profit and sufficient cash flow to function on its own.
Partners of WELL gain individual benefits including potential profits, being part of the WELL community, using tokens for healthcare visits, and making the world a better place by participating in WELL’s “Buy a Visit, Give a Visit” social program.
The community of health professionals as much importance for the WELL network as the patient community. By forming common approaches and high standards of treatment, WELL doctors will be able to apply the principles of WELL both within the system and offline.
Furthermore, joint programs with groups such as Doctors Without Borders or the Red Cross will improve the quality of healthcare all around the world and expand competence.
If you are sure that company will satisfy these requests, then you can check the bonus or the discount programs.
Bonus or discount programs and ICO Dates
WELL chose to offer a bonus program. Out of roughly 1.5 Billion WELL coin tokens we will create, they will be portioned as follows:
Issued: We will issue 40% of the coins for the crowdsale. (remove second sentence about burning tokens)
Reserves: We will reserve 40% of the coins for business and network developments, future financing needs, and coin liquidity to support timely access to healthcare for network members. We will also provide bounty and advisor programs with part of the reserved coins (not more than 5%). All unused tokens for special programs will be returned to the reserve.
Team section is good
Medical workers can also earn WELL tokens for participation in educational programs for young specialists, referral programs for financial institutions, and more. Socialization in the community helps not only to develop healthcare and the platform but also to provide individual benefits for the most active participants. Also, a patient who follows all doctor recommendations gets WELL tokens for a responsible, disciplined treatment. Having these patients discuss their rewards in the community encourages other patients to follow suit.
You should make sure that the project is known in the industry. This proves that a project has a real chance to develop its ideas and grow.
For example, WELL works with the following companies:
Century Pacific Medical, Inc.
WELL also works with Medi-Cal, Veteran Affairs, Tricare, Medicare Advantage, several HMO/PPO plans, Self-Pay/Private Pay, dozens of hospitals as well as Assisted Living Facilities, Hospices and over two hundred home healthcare agencies.
Between April 2015 and December 2017, angel investors and venture capital firms invested $3 million in the WELL project.
Find more information about the team
First sentence should be combined: It is very important that a project has a great team and good advisers and that they are always ready to answer any questions you may have.
The WELL team is unique and they combine extensive healthcare and fintech industry experience with blockchain and software best practices. Unlike many other blockchain crowdsales, WELL’s crowdsale is a natural step in WELL’s existing long-term vision of delivering frictionless, high-quality healthcare for everyone.
What is the Whitelist
and what are the advantages of it?
A Whitelist ICO means that you have to register in advance to participate in the ICO, which is usually the hallmark of a popular ICO that offers a limited number of coins. Some ICOs require participants to register in their whitelist before the token sales launch date. Often only successful whitelist participants can participate in the future crowdsales. There are usually step-by-step guidelines to advise you on how to purchase the ICO tokens as provided by the ICO initiator.
To learn more about the latest news about the ICO and stay up-to-date, you can join their social media channels such as Telegram, Slack etc. In general, there may be a few criteria for you to be able to participate in the Whitelist, for instance some may exclude participants who live in certain countries depending on the ICO. To apply, a participant may be asked to provide his or her personal information, which usually includes name, email, ETH wallet address, etc.
Moreover, you may also be required to provide a copy of your passport for KYC purposes. Most ICOs will ask you to provide the number of tokens you plan to purchase during the Whitelist sale. Generally, there is a cap for the number of tokens that one participant can purchase. This guarantees you and the company running the ICO future trading of tokens.
We would recommend that you pay attention to the WELL project as they build a global, blockchain-based marketplace for healthcare. Now the project is creating a token for on-demand healthcare that solves many current problems in the healthcare space like cross-border payments, data accessibility and payment risk. They are giving patients all around the world access to the highest quality healthcare professionals. Before the crowdsale, purchasers interested in participating can join the Whitelist and receive a 40% bonus on WELL tokens.
I hope that after reading this guide you have learned the most important lesson - how to protect your investment and make sure you don’t lose money.
If you plan to invest into any project now and invest in WELL platform you will get an extra bonus and help to make the world a better place by making healthcare service available to anyone, anywhere, anytime.
Thank you and be WELL!
CEO and Founder of WELL Project