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Ratings MEDICOHEALTH

The Biggest Doctor-Patient Environment

MedicoHealth blockchain-based project is designed to improve the fragmented healthcare system, where we know we can make a significant difference for the better by tackling just one truly important issue. An average patient anywhere in the world has very limited options when in need of prompt, a fordable and reliable consultation about their condition from a physician or a specialist of their choosing. MEDICOHEALTH PLATFORM allows for fully anonymous, safe and client communication with world’s leading physicians. Physician credentials, together with license validity information are updated in an immutable decentralised database. Patient data is anonymously stored and accessed only by selected physicians for a limited amount of time. Payments are fully tokenised and anonymous. Token runs the system and compensates the service provider, platform, underlying protocol and blockchain layer use.

4.1
22 21 expert ratings
Benchy 4.0
KYC
Experts
4.4
4.1
3.9
Review: download now PRO

Unknown
Token
MHP
Type
PreICO Price
1 MHP = 0.08 USD
Price
1 MHP = 0.08 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
Accepting
ETH
Minimum investment
0.1 ETH
Soft cap
3,500,000 USD
Hard cap
23,500,000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
South Korea, USA, China
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
Blockchain Enthusiast and Advisor
Rated on Jul 21, 2018
Modified on Jul 21, 2018
4
2
3
6%

Though the team is numerous and has a vast industry experience there is not so much blockchain, IT and fundraising experience. This is one more telemedicine project but no competitive analysis available. Not clear if they understand well how to conduct ICO and make business development on blockchain. Also the WP lacks financial info, and literally no business planning numbers

+8Agree
+3
-5Disagree
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Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore
Rated on Aug 3, 2018
4
5
4
6%

This is another medical project on the blockchain to solve a big problem. Yes, there are many such projects, but that shows the extent of the problem and why everyone is trying to solve it. The addressable market is huge, and only the issue of confidentiality and the fact that it is a "sacred cow" prevents true adoption. This will be a project worth observing.

+9Agree
+8
-1Disagree
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Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Dec 3, 2018
5
5
5
6%

A very strong team has been assembled to execute this project.

Idea is similar to Google Health where users input their health records so that they can be shared with relevant medical agencies. However, Google decided to "kill" this project.

As such, the team needs to address the potential of its market size and why blockchain technology can position this project differently.

And here's your competition: https://www.cnbc.com/2018/11/13/deepmind-health-move-to-google-concerns-health-privacy-advocates.html

All the best!

+3Agree
0
-3Disagree
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Ian Scarffe
Blockchain Consultant, ICO, IEO, STO Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on Feb 25, 2019
Modified on Feb 25, 2019
4
3
3
6%

First of all the team is solid and has a good number. Whilst it is a nice idea, it is an area which has been done before, although this is not necessarily a bad thing as it shows there is a gap there. The white paper could do with some more information

+1Agree
-2
-3Disagree
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Tinh Tran
ICO Advisor | ICO Communications Expert
Rated on Aug 15, 2018
5
4
5
5%

Vision is not unique as I have seen a number of this ICO but it is still interesting to me as you have established a strong team with diversified experiences covering most of areas an ICO project of this type needs. Good point.

The concept as mentioned is not unique but the WP and plan looks feasible so I personally think it can be a great success if you strictly follow with the plan.

MVP is a great point and I love it very much which is easy to follow and users friendly as well.

+5Agree
+2
-3Disagree
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Nozomu Nakazato
Blockchain consultant
Rated on Mar 25, 2019
4
5
5
5%

While blockchains are attracting attention for their integration with various fields, development is concentrated on match-ups with medical care. And development is desired from now on.
This project aims to integrate blockchain and medical care. Team members are well-balanced and have a clear vision. They have an advantage in technology and have already received angel investment. This will be a big flag for investors.

+12Agree
+11
-1Disagree
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Brian Condenanza
CTO at Bidao - Stablecoin and DeFi on Binance Chain, Crypto Entrepreneur, TEDx Speaker
Rated on Aug 27, 2019
4
4
4
5%

Very strong team. I think the solution proposed by Medicohealth could be interesting, yet very local. I can't imagine how this could work globally, in a world with many barriers in the health world, from pharma, to treatments and cultural barriers.
Yet, I wish the team the best luck!

Agree
0
Disagree
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Krutesh Shah
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker
Rated on Oct 10, 2018
5
4
4
5%

The idea is really good though it is not unique. Team and advisors looks like they can deliver the project. The whitepaper and roadmap is really up to the mark. Team need to make sure more health professional join them and use there system. Best of luck team.

+2Agree
-1
-3Disagree
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Paresh Masani
Executive Director | Project Lead | Developer | Influencer | Advisor | Blockchain Lover | Influencer | Strategy and Vision Execution
Rated on Jul 23, 2018
5
3
3
5%

Recently many similar projects came but no-one had solid success rate yet! I believe Medicohealth team is solid but vision/product has nothing to do with Blockchain. This can be easily implemented and there are such solutions already available in traditional implementation. No Decentralisation require to implement such concept! I understand they may need fund to take business to the next level but I hardly see any ROI!

+3Agree
+1
-2Disagree
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Krishnendu Chatterjee Ph.D.
Blockchain | Tokenization Strategist| Whitepaper|Tokenomics | BD| Fundraising
Rated on Jan 30, 2019
4
3
3
4%

→ Blockchain Advantage - ✅
→ White Paper - ✅
→ Team Composition - ✅
→ Token Economics - ⛔️
→ Business Model - ✅
→ Social Media Presence - ✅
→ Collaborations & partnerships - ✅
→ Fund Allocation - ⛔️
→ Legal Loopholes - ⛔️
→ MVP/ DApp/ Working Product  - ✅

Advantage - Huge and illustrious team, a bit weak in blockchain capabilities though. Good social media presence and strong partnership, both of which points towards a commitment for serious business. A straight up utility token with multiple use cases planned.

Disadvantage - The business model is unclear along the benefit of token holders (Tokenomics need to be worked upon). 50% fund allocation is a lot for R&D but probably needed for this project due to its large scope. Clarifications? Also, crypto isn't legal in various jurisdictions so probably need an alternative mode of payment as well to expand - Legal issues.

Recommendation - A strong use case and a clear tokenomics, mentioning benefits for early investors is pretty essential as early discounts couldn’t make users hold the tokens upon exchange listing. Also, selling 65% tokens is quite high since this project would probably need additional funds before break even point.

You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8

Agree
-2
-2Disagree
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Kyon Yoshihara
Direct Marketing Manager,ICO produce
Rated on Feb 27, 2019
5
5
5
4%

I think that this project is a very powerful project in recent projects.
Team member achievements are reliable.
It can be said that the compatibility between their products and block chains is also very good.

+12Agree
+12
Disagree
Report
Yuichiro Okazoe
Yuichiro Okazoe
Rated on Mar 25, 2019
Modified on Mar 25, 2019
5
5
5
4%

When we go to the hospital, we can not choose a doctor.
Patients don't know the information about the doctor well, and the patient commits the life to "the unknown person".
Following the philosophy of this project, patients have access to more reliable doctors.
I'm very happy that blockchain technology is used for such critical solutions.

+10Agree
+10
Disagree
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John Papadopoulos
Crypto-currency enthusiast, Miner, ICO analyst, Angel investor, ICO investor,Strategist
Rated on Mar 10, 2019
3
4
4
4%

This is an interesting project. i am happy to see that there are still projects that are focusing on the anonymity and the security of the medical information. the team looks solid and the expected value looks reasonable. Ceratianly one of the projects that i will keep looking

Agree
0
Disagree
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Andrei Popescu
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain/FinTech Start-Ups Investor/Advisor
Rated on Jun 2, 2019
5
5
5
4%

I really like the visionary idea of this project. I am impressed by the team as it's quite clear they have the necessary experience to pull, push and drive this project.
Patient-Doctor confidentiality is one of the key points where blockchain technology can assist in so many ways. Applicability to an endorsement system for the medical staff, would be fabulous. Of course, a lot of services can be developed, on top of this platform, from which everyone can benefit.
The whitepaper is focused on the current world medical market and provides a lot of data with regards to problems and solutions.
My advice is to prepare and vet a good token economics model where the sustainability of the project can be thoroughly explained. The vision is good, but you will need funding in place to execute the project; this comes at the price of dealing with the right contributors, so do prepare all the necessary documentation.
Wish you best of luck.
Cheers!
Andrei

+1Agree
+1
Disagree
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Iulian Anghelin
ICO - STO - DAICO Advisor, Investor Relations, Public Speaker
Rated on Jan 31, 2019
3
4
2
4%

The vision of the project is very interesting and certainly there is no such service on the market that works well and is always available to people. Such a platform, exploiting Blockchain technology, can be very prolific in the future, but also very useful.

The team is very large and has representatives in all areas where it is concentrating, except in Blockchain. After a careful analysis of all the aspects, one can easily notice the lack of expert blockchain developers, but also of other figures that always concern the blockchain.

Even the whitepaper is very well written and presents various aspects of the current medical situation in the world, market, problems and solutions, but at the same time does not present any tokenomics or business plan, analysis of the market in which it is landing etc, as well as 'is not even a "reserve fund" in the distribution of the token, but 65% of the total supply, for sale, which might be dangerous for the project.

There are also many uncertainties in the roadmap, as well as considerable delays, with such a large team and such numerous partners you should travel at much higher speeds.

I will follow your progress and I will be ready to reevaluate my review as soon as I see that you have taken the right path in the blockchain world.

Agree
-2
-2Disagree
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Jayesh Trivedi
Crypto Exchanger
Rated on Feb 25, 2019
4
5
3
3%

This is the industry where I think blockchain can be useful and will provide some comprehensive results. The team has done a great job on the website and whitepaper.

However I think the vision can limit to very specific region unless worked on. So please be sure it reaches across the globe. I wish this project to get success and it will get success as per current team’s efforts.

+2Agree
-4
-6Disagree
Report
Fang Jiaw Lim
Dr
Rated on Jun 4, 2019
5
4
4
3%

The team seems to be very experienced and has a good track record. Good to see that two team members has passed their KYC. Healthcare is an industry that has a lot of potential for blockchain technology.

Agree
0
Disagree
Report
Yao Min Ng, CBP
| CBP, CBE, CCE |Currently @ Xtheta Singapore, a cryptocurrency exchange | ICO Advisor | IMMO High 1000 | ICOs Investments | Exchanges Listings
Rated on Jul 21, 2018
5
4
4
3%

Given that data is the key for medical care, this would be great potential also give they also already have a database of doctors.

Both the team and advisors are consider top notch to me

However there already exist similar or near to similar solutions out there, so the key differing factor would lie on the team executing the business plan.

Also to note the concern on different medical regulations on different countries and things about insurance medical claims
for example could insurance companies have access to client data and use the data against their claims.

Core tech already in betatest, but beta version of product is not avil for public test so i cant really review this.

+4Agree
+3
-1Disagree
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Ashton Wolfe
Listing Legend | PR | ICO Analyst
Rated on Mar 25, 2019
3
5
3
2%

MedicoHealth seems to be one of the more highly anticipated ICO's of 2019. Although their team does not have much experience in the blockchain space or IT, the vision set in place (amongst others) can truly be beneficial to the medical ecosystem. Patient-client confidentiality is key to building trust within parties- blockchain technology can assist with this on so many ways. On top of that, validity of physicians and doctors on the blockchain can be extremely beneficial in so many ways, which enables them to eliminate any bad actors. Looking forward to seeing how the team proceeds in the following quarters.

Agree
0
Disagree
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Oscar Darmawan
Founder of Many Successful Blockchain Projects
Rated on Jan 26, 2019
Modified on Jan 26, 2019
5
3
3
2%

Medicohealth have very strong team in healthcare sector but the idea is not something new. Through my experience in healthcare startup, this is something that quite hard to be executed due regulation and the player in the industry. It also may no required blockchain to resolve the issue other than actually using blockchain token for crowdfunding the project.

However indeed healthcare is very potential interesting sector in blockchain industry.

+1Agree
+1
Disagree
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Zach Daniels
Cryptocurrency | Blockchain Technology | ICO Strategy | Network and Security
Rated on Oct 15, 2018
4
3
4
2%

Great idea and a solid team working on this project. Gaining traction and acquiring stakeholders will be tough, as will ensuring gdpr compliance, but if they are able to accomplish these things it could be a huge success.

+3Agree
+3
Disagree
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Benchy
ICO analyzer bot
4.0
13%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Milan Rajlic
Passed
Andrej Muzevic
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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