Topic: ANN [MEDX] The First Decentralized Healthcare Network - page 7. (Read 12456 times)

STOP SCAMMING PEOPLE!! We saw the deals you are making with all these scam ICOs you are trying to pump! STOP LYING TO PEOPLE! PEOPLE WORKS HARD FOR THE MONEY YOU ARE STEALING!

Everyone check his profile: he is pumping who is paying to him: https://bitcointalksearch.org/user/amir24-1111212

But this is not a full answer. You have company and physical adress? Can you give to us this info?

"The SEC has explicitly stated that ICOs can be considered as a security, should they not have a utility beyond equity. The SEC’s stance may scare many new ICO’s away, however, those who’s tokens have a distinct utility now can take comfort that their products won’t get shut down."

http://www.newsbtc.com/2017/09/12/rise-utility-token/

"Are MEDX equivalent to shares?
No. Ownership of the token does not confer any rights to ownership, intellectual property, stake in or right to receive revenue from the MedCredits team. MEDX is a utility token to be used in payment for services within the platform. Once distributed to the public, MEDX are neither refundable nor controlled by the team."

https://medcredits.io/index.php?id=faq

MEDX strong because it have utility. MEDX is token for medical service. Agree?

To be honest, this MEDX is a security but the founders want to make it not a security. 

US purchases are allowed. MEDX is not a security. It is a utility token for real healthcare services. Token sale participants will have early access to the platform. For various other reasons which will be documented prior to the token sale, MEDX does not pass the test for common enterprise (i.e. It is not a security).

Yes. Ehrhc upset because I say litra coin scam and he like litra. Now he post 20 time that I make scam because I have opinion. Sorry to share but I do research and we can see Litra scam. But I don't talk litra anymore, you only raise < $2000 so small lose for investors. I hope no one else lose ether with litra.

gallery 2000: Yes, maybe pump 1000X take 3 year. Dermatology first maybe 10X then come other telemedicine. Platform must grow through time. If team not accomplish road map on time we sell the MEDX. So far team very smart and I buy ICO. Then I look to make sure team doing good job and coin will make me ROI. Good plan? 

I don't think amir has anything to do with this MEDX.  Amir is giving his own opinion about MEDX but doesn't mean that he is working for MEDX.  It is irresponsible to pump a token to 1000x ROI when you don't even have a product yet.

This is a scam! This guy is being paid to run a fake number which has no meaning to anyone who understand how healthcare works! 1000X? No one ever say this unless its bonzi scam like the one you and who pay you run!

This is a scam, run by guys like Amir who go and trash and accuse other of being Scam so this scam runs! Dont invest in scammer who pay a scammer to accuses other of scams!

MEDX doesn't have an app for me to test yet.  If they do have an app, it is going to be for dermatology initially only so to think that Medx will get a $40 billion dollar market is dreaming.  Medx has to compete with public traded company with products like Teledoc.com .  Most people go see a doctor for cold and cough or peeing/pooping or pain problems.  Not many people go to see a doctor for a mole.

There is a potential  problem for making money on the MEDX tokens acquired.  Because trading MEDX on an exchange would make MEDX a security which is illegal to do ICO in the USA.  So you can't really trade MEDX on an exchange because the moment you do that, the token is  a security.  Why can we just make MEDX a security and sell it to people outside of the USA?

I am just trying to ask good questions.  I am not trying to put down MEDX or anything.  Infact, if MEDX is going to be successful my signature bounty is going to increase.

I don't understand why people are confused on how a utility token works. From my reading of it, MEDX will be similar to most alt coins out there. MEDX is the "currency" that is required (whether on back end or front end) to purchase medical diagnosis on their app. As a token buyer, you get the token at a (potentially) lower price than what could be possible further down the line as the platform expands and demand for services (and therefore demand for medx) on the app increases. As a token holder you could then sell the tokens to those who need the medical service on the app

Yes, I say many times MEDX is 1000x investment.

Here is math:
30 million dollar ICO / 70 million coin in ICO = $0.43/coin

Now if MedCredits take 20% of telemedicine market this = 40 billion dollar

If all coin on exchange (probably not all will be):

40 billion dollar market / 100 million coin = $400/coin
400/0.43 = 930X investment

Now if MedCredits grow past telemedicine then it become over 100 billion dollar market and we make even more money.
MEDX is best investment I see after very much reading and research.

Can anyone give me answer for my previous question? 

Thanks for the positive words!

I think this project is for people who want to give Medx money so they can get a product to the market in return Medx gives you tokens to be use later to see a doctor on their app.  So this Medx is not for investors because investors don't care if they have a mole on their forehead.  Investors want ROI.  Investors know that there are ten other telemedicine apps and companies out there that have real working apps with over 50 doctors in most specialties.

So in summary, MEDX tries to dodge the "this is not a security" by trading Medx tokens for medical services.  In return the one that bought MEDX tokens gets nothing except a chance to redeem MEDX tokens for medical visits on the app.  If you are healthy and don't need to see a doctor then this is a waste of your money.  Even if you are sick, and see a doctor on MEDX app and received a correct diagnosis, you still need to see a real life doctor for treatment anyway.  How do you remove a cancerous mole from the arm?  The app can't do that.  So in a way you have to pay money to use the app then pay money for a real doctor to get treatment.

This is a great idea but it could be better if you promise investors some ROI (that is how you get funded, instead you promise investors a diagnosis, which many investors don't really care).  However, if you promise investors ROI, then it is a security and you can get into trouble with the SEC.

So if you love to support a great project like donating blood, then do it.  This is a great project, but like donating blood you get nothing back except maybe "good feeling" because you did something good.

MedCredits is a platform that connects patients and doctors for medical services. If you were sick at home or a relative was worried about a mole on their arm, you would use the MedCredits platform to be connected to a doctor.

Patientory is building a platform that will allow participating hospitals to share medical data. Their platform does not engage in healthcare services between doctors and patients.
Bowhead Health is experimenting with a niche market of personalized vitamins and supplementation. Their platform does not engage in healthcare services between doctors and patients.

I hope that clarifies the difference between MedCredits and a lot of other projects out there. We are indeed the first platform to offer medical services and our team is led by licensed medical doctors. By offering real medical services, we generate healthcare data. The patient will then own this data. MedCredits lies closest to the actual data and is therefore best positioned to build out a truly patient-centric and interoperable EMR.

This blog post was written to explore these concepts: https://medium.com/medcredits/creating-a-patient-centric-emr-1411e9c5259

What is your difference from your comtetitors? I believe this is not the "first" decentralized healthcare network as projects like Patientory ve Bowhead offer similar products.

In which country their company based? USA? They have company and physical adress?

It's not the first project in the medical field, there are some the same, and  we can't tell that it were successful, but the idea is not bad, so I'll observe this project.

Latest post on the MedCredits blog...

Creating a patient-centric EMR: A Brand New Strategy with MedCredits.

MedCredits bringing innovation to both telemedicine and EMR, uniting both on one convenient platform!

https://medium.com/medcredits/creating-a-patient-centric-emr-1411e9c5259