Upcoming ICO: NHCT provides ‘healthy’ rewards

By: Alison Bishop
Alison Bishop
Alison is our leading cryptocurrency ICO reporter, boasting a technical development background and over 6 years working with blockchain… read more.
on Nov 5, 2018
Updated: Sep 19, 2019

Data fragmentation

In the Nano Health Care Token (NHTC) whitepaper executive summary, fragmentation of data is highlighted as one of the key problems in the healthcare environment. It states: ‘the rise of specializations and technological advancement have expedited the problems of data fragmentation’. It says that the focus and research on a single disease, rather than the evaluation of an individual has resulted in ‘enormous healthcare problems of sustainable cost increases, poor quality and inequalities.’ It says these challenges in data can be addressed with the use of blockchain technology that personalizes healthcare and makes systems more effective and efficient.

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What is Nano Health Care?

It is described by its creators as a ‘blockchain powered ecosystem for total health that rewards you for being health conscious’. Basically speaking, Nano Health Care ecosystem rewards users for taking part in and being active and healthy, for example, if you go to the doctor’s or if you take part in a team game.

3 tier token models

Wawa, Warma and NHCT make up the 3-tier token models – which tier of tokens you receive is determined by the type of activity you are doing. Wawa tokens are rewarded for activities you do alone, while Warmas are earned when you do activities with others – both of these can be converted into NHCT tokens which can be used to pay for health insurance or gym subscriptions.

ICO details

The token sale will begin on November 15th, lasting until December 15th. There has already been a pre ICO which took place in October. The total amount of tokens is 1,000,000,000 and the initial token price is $0.0320. Accepted currencies are ETH and BTC.

 

 

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