Topic: [ANN][ICO] WHA Project - page 2. (Read 2352 times)

UPDATE
Our:
Telegram Channel - https://t.me/wha_news
Telegram chat - https://t.me/joinchat/E1KlgxDdsAbV2ur_vXuiDw

We invite everybody to our AMA (Ask Me Anything) event
https://healthama.com/ama-wha-project-what-are-we-planning-to-456884/

We got listed on japanese website today
https://www.coinjinja.com/detail/wha-project

So, we decided that we will try to answer any question in any language!
Japanese community is already invited
Proof

This is totally off-topic, but you've got this at the bottom of every message - PCCico.com ║ September, 20 ║ ICO

So, you're advertising it, right?
No business plan, whitepaper styling has some issues with unexpectedly ending text and with tables broken into two different pages (link) for no reason with almost empty page following. One team member got separated form the whole team (link) Is it a scam? Whitepaper is considered to be the main document.  

No need in explanations, just saying.

We are currently at pre-sale stage. 100 ETHs won't be enough for proper preparation to the ICO seed round, but we will continue.
If we receive only this amount during ICO or ICO seed round, this will be considered as fail and we will offer the refund upon request.

In-app market will utilize tokens that will be collected by users as the reward. They will be able to spend them on wearable health tracking devices. But again, this is the worst case scenario to avoid the fail and keep the app alive and attractive to new users.

So everything is dependent on how much money you raise from the ICO? What happens if you raise lets say only 100 ETHs? Do you refund the contributions?

In-app market of electronics? -> Are you kidding me?! Dude, you have some business plan!

MVP - not planned on this stage (please check Roadmap section of our whitepaper whaproject.com/white.pdf)
Business Plan - defenitely should be based on the funds raised, right? should be linked to softcap and hardcap at least.  
Currently working on this. High dependence on the research made by our advisor.
We can tell you one thing - in-app market of electronics is the "plan B" to keep the company alive in the worst case scenario.
This will allow tokens to have circulation and will keep the token price from drastically falling down.

Differentiating factors - only one is really important for our project - amount of users involved => highly dependent on the funds that would be spent on ads of the app.

Blockchain is really necessary to exclude possibility to "cheat" by app users. (mentioned in the whitepaper, link above). Plus, we need to have precise and exact health data that can be reliable. Blockchain is famous for all that - no changes to the data submitted. Also, it gives the project it's own currency that can be used to reward app users, traded on exchanges and so on.

big insurance companies - once the amount of users involved reaches, let's say, a million, we will become interesting for the insurance companies.
Why? http://www.insurancebusinessmag.com/us/news/breaking-news/63-of-insurers-believe-wearables-will-transform-industry--heres-how-22373.aspx (link from our whitepaper)

Edited - typos

Why no answer to the other questions?

MVP, Business Plan, Differentiating factors?

I have been in the Insurance industry for quite a while now, just answer this question - why would any big insurance company want to work with you? Also how does that impact the value of the coin positively? and why is Blockchain necessary to have this product/business plan?

We are currently on pre-sale stage and we will add more info.
Currently working with our advisor, consulting on the medical side of the project to have more exact information.

Before this project, our team members worked only in projects, where funds are predefined, so all of us know how to make things done, but not to ask for investments.
This is the reason why our project might look not so attractive. But we are working on this.

Don't you think that perfect-looking project is more likely a scam just for one reason - people behind it knows how to make everything look perfect because they did it multiple times?
Why would you have experience in making lots of projects? Maybe because all of them were fake and were made only to collect funds and disappear?
Why would you start another project if the previous one was successful and you need to work on it not to let investors down instead of asking new funds?

Only time will show the truth, anyway.

It's different in every single thing
It only reminds WHO logo

Definitely agree. No differentiating factor, no MVP, no solid business plan. Even the logo plagiarises the WHO one. Totally a scam.

Over 1000 investors are interested in our Project!
Our Facebook page - https://www.facebook.com/thewhaproject

A bit pessimistic, but true.
As the part of our plan, we will try to keep even more people alive - we will be able to monitor health of our app users and we will advice a visit to the doctor every time our specialists decide that giving this advice will be useful.
We hope that this will affect humanity somehow  

The OP was an interesting read, in terms of human and health. We might have improved our life expectancy and such, but at the same time we are able to keep the sick who would have died in the past alive. While that's good, we're also creating more humans with genetic problems. It will be interesting to see how that will affect humanity. But by then we'll all be dead.

Meet our updated Whitepaper!
6 pages added - "Importance and viability" section
Same address https://whaproject.com/white.pdf

Thank you for your reply.

The Project is currently in pre-sale phase and ICO is planned to be held on July 2, 2018 so we hope that your first impression will be changed

Can you please tell us more, why you consider this project to have no future in crypto?
 

i can see that this one has no future in crypto. and my impression based from the ANN is that the foundation of this project is not that solid. not well-researched and not well-prepared. might turn to wah! wah! instead   

Thank you for your question and interest in our Project!

Software. Mobile app, to be exact.
It will have built-in market for wearable devices as well.
It will provide deep analysis of user health parameters by our medical specialists.

We want to make our app as professional and attractive to users as it is possible. We also need to create token circulation as high as possible to raise it's validity and market price. That's why we plan to reward users with our tokens as it will raise popularity as well. We need to build the whole ecosystem around health tracking wearable devices to collect huge amount of data that later on, will be possible to be used by medical organisations and insurance companies.
That's why we need to make it really popular and it will cost a lot to advertise it.

It was impossible to do few years ago because all these trackers were pretty inaccurate in data collection that's why they were normally treated no more than entertainment. But these days, the technology became more advanced and data collected is gaining high reliability. Now it meets the problem that medicine is not ready for this huge amount of data. That's the exact moment when our project can benefit in linking technology and medicine.
No, we are not the first with this brilliant idea. Check http://www.qualcommlife.com/ for example.
No need to explain, what Qualcomm is and what this company is capable of.
But again, it is a huge company that will make it as a service for those, who will be ready to pay a lot.

Aren't there any startups alike?
well, there is one, planning to do something close to our idea - Litra (currently has over $10 millions collected during ICO)

But "something close" is only creating Electroninc Health Record (EHR) - static data that will be changed only after visiting a doctor, I guess (according to the information from their whitepaper)
According to their research (and we totally agree on that) - "market readiness for digital health in the US appears to have reached an inflection point" (outline from their Whitepaper)

How are we different?

Our plan is in creating constantly updating EHR (not just static as Litra plans) and not only for US (as it seems to be done by Litra) and we want users being constantly rewarded for data submission (unlike both Litra and Qualcomm). As if it is not enough to be really unique, we plan to build the whole ecosystem that will involve insurance companies (that's where huge amount of money in healthcare are currently held) and different clinics.

 
Attracting investors is a good thing, but we aim for popularity among users. That's where real money comes from

What actually you are planning to build? is it software solution? hardware? both?

We've got some hot discussion on Reddit today

https://www.reddit.com/r/icocrypto/comments/71l9m2/we_are_rated_by_ico_bench_experts_now/

Update:

 listed at https://icobench.com/ico/wha-project