Bitcoin Forum

Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: PotatoFlakeSTi on December 31, 2017, 09:21:27 PM



Title: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on December 31, 2017, 09:21:27 PM
MedChain (https://www.startengine.com/medchain)

Join our Regulated Pre-ICO (https://www.startengine.com/medchain)

Note: This is a Regulation CF, SEC Filed  Pre-ICO, to protect both the investor and MedChain, KYC is required.

| Website (https://www.medchain.us/) | Whitepaper (http://medchain.us/doc/Medchain%20Whitepaper%20v1.0.pdf) | Facebook (https://www.facebook.com/MedChainOfficial/) | Twitter (https://twitter.com/MedChainInc) | Telegram (http://t.me/medchain) |

https://i.imgur.com/UC9Ukid.png (https://www.youtube.com/watch?v=utvaFjsH3-8)

MedChain's mission is to use blockchain technology to establish a better,
more secure and transparent framework for Electronic Medical Records that vastly improves the
quality of care for patients and helps reduce healthcare providers' costs.



Current EMR systems as centralized silos with limited communication capability,
inadequate transparency and a lack of interoperability. These infrastructure problems can be solved by MedChain.

The 21st Century Healthcare system requires interoperability -
The ability of computer systems and software to exchange and make use of key patient information, allowing primary healthcare providers to communicate with additional providers such as labs and pharmacies.
But currently-available Electronic Medical Record (EMR) systems might not follow the patient between providers and might not facilitate effective communication.

MedChain Is The Solution

                   

Provider Benefits
Utilizing MedChain's blockchain and software,
heathcare providers can have near-instant access to medical
records of new patients, and could potentially save several
 billion dollars each year in fines associated with data breaches.

In addition to significant savings, patient information can also
be kept secure with extremely reduced risk of identifiable data
being leaked.
         

Patient Benefits
Utilizing MedChain's smartphone and web applications,
patients will be able to eliminate and/or avoid redundant testing
due to lack of record-sharing between providers.

Health records can also be near-instantaneously available
in cases of emergency, including when the individual is
non-responsive but has their smartphone on them.

The MedChain Blockchain

The MedChain Network protocol is based on a Data and Application Layer integrating an ERC20-Standard or similar token on an Ethereum based blockchain.

Mining, data validation, data storage, proof-of-storage and proof-of-retrievability will be provided by a network of decentralized
and federated servers as part of the blockchain protocol in conjunction with MedChain software (via both patient & provider apps)
for trading MedCoins, converting MedCoins to Entry Tokens, and to ensure payment for blockchain Entries.

The MedChain blockchain will function as a hash depository for the decentralized storage network,
which will be fully auditable and verifiable by a network of federated servers.
The federated servers will be paid with MedCoins in return for storage space and retrieval of information.

All storage and retrieval requests will function with the use of Entry Tokens rather than MedCoins.  
Federated mining nodes will be compensated with MedCoins for executing valid and verified transactions.


Why MedChain?

At the moment many '[Suspicious link removed]panies in the healthcare field are excluding the U.S. market for several reasons,
largely to avoid SEC scrutiny, but also because HIPAA compliance can be hard to understand and adhere to for the uninitiated.

Our founders have extensive experience in the healthcare field, particularly healthcare IT, and as entrepreneurs.
You can view their Linkedin pages for more of their history, but briefly;
Our co-founder is also the founder and CEO of Zynex Medical(Ticker:ZYXI), a publicly traded Medical Device company.

Join our Regulated Pre-ICO (https://www.startengine.com/medchain)

Note: In the U.S, regulated offerings are REQUIRED BY LAW to list an extensive amount of potential risks associated with investments.
While these risks exist with most investments you're unlikely to have seen them before if you have not participated in regulated offerings.




Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: Namduc on January 01, 2018, 09:09:01 AM
MedChain (https://www.startengine.com/medchain)

Join our Regulated Pre-ICO (https://www.startengine.com/medchain)

Note: This is a regulated Pre-ICO, to protect both the investor and MedChain, KYC is required.

| Website (https://www.med-chain.co/) | Draft Whitepaper (https://www.dropbox.com/s/y197df4hxur2335/MedChainWP%20v025.pdf?dl=0) | Facebook (https://www.facebook.com/MedChainOfficial/) | Twitter (https://twitter.com/MedChainInc) | Telegram (http://t.me/medchain) |

https://i.imgur.com/UC9Ukid.png (https://www.youtube.com/watch?v=utvaFjsH3-8)

MedChain's mission is to use blockchain technology to establish a better,
more secure and transparent framework for Electronic Medical Records that vastly improves the
quality of care for patients and helps reduce healthcare providers' costs.



Current EMR systems as centralized silos with limited communication capability,
inadequate transparency and a lack of interoperability. These infrastructure problems can be solved by Medchain.

The 21st Century Healthcare system requires interoperability -
The ability of computer systems and software to exchange and make use of key patient information, allowing primary healthcare providers to communicate with additional providers such as labs and pharmacies.
But currently-available Electronic Medical Record (EMR) systems might not follow the patient between providers and might not facilitate effective communication.

MedChain Is The Solution

                   

Provider Benefits
Utilizing MedChain's blockchain and software,
heathcare providers can have near-instant access to medical
records of new patients, and could potentially save several
 billion dollars each year in fines associated with data breaches.

In addition to significant savings, patient information can also
be kept secure with extremely reduced risk of identifiable data
being leaked.
         

Patient Benefits
Utilizing MedChain's smartphone and web applications,
patients will be able to eliminate and/or avoid redundant testing
due to lack of record-sharing between providers.

Health records can also be near-instantaneously available
in cases of emergency, including when the individual is
non-responsive but has their smartphone on them.

The MedChain Blockchain

The MedChain Network protocol is based on a Data and Application Layer integrating an ERC20-Standard token on an Ethereum based blockchain.

Mining, data validation, data storage, proof-of-storage and proof-of-retrievability will be provided by a network of decentralized
and federated servers as part of the blockchain protocol in conjunction with MedChain software (via both patient & provider apps)
for trading MedCoins, converting MedCoins to Entry Tokens, and to ensure payment for blockchain Entries.

The MedChain blockchain will function as a hash depository for the decentralized storage network,
which will be fully auditable and verifiable by a network of federated servers.
The federated servers will be paid with MedCoins in return for storage space and retrieval of information.

All storage and retrieval requests will function with the use of Entry Tokens rather than MedCoins.  
Federated mining nodes will be compensated with MedCoins for executing valid and verified transactions.


Why MedChain?

At the moment many [Suspicious link removed]panies in the healthcare field are excluding the U.S. market for several reasons,
largely to avoid SEC scrutiny, but also because HIPAA compliance can be hard to understand and adhere to for the uninitiated.

Our founders have extensive experience in the healthcare field, particularly healthcare IT, and as entrepreneurs.
You can view their Linkedin pages for more of their history, but briefly;
Our co-founder is also the founder and CEO of Zynex Medical(Ticker:ZYXI), a publicly traded Medical Device company.

Join our Regulated Pre-ICO (https://www.startengine.com/medchain)

Note: In the U.S, regulated offerings are REQUIRED BY LAW to list an extensive amount of potential risks associated with investments.
While these risks exist with most investments you're unlikely to have seen them before if you have not participated in regulated offerings.




Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: SeveralQ on January 01, 2018, 07:26:25 PM
Hi everyone! Just added MedChain ICO to my website https://concourseq.io/Q/MedChain. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on January 02, 2018, 01:10:53 AM
.
Thank you for that!

If anyone has any questions I can answer let me know, be aware that per SEC Regulation CF law I cannot discuss the "terms" of the offering here, you will have to get that information from our StartEngine offering page.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on January 02, 2018, 03:52:13 AM
Hi everyone! Just added MedChain ICO to my website https://concourseq.io/Q/MedChain. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

Thank you for adding us to Concourseq.io!


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: altcoingoddess on January 02, 2018, 03:55:03 AM
I find this project very interesting indeed. Using blockchain technology to establish a better and more secure EMR sounds good to me. Working in the healthcare field and being a nurse who uses EMR all day long I think this might be a good thing. I hope this project does well.



Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on January 02, 2018, 07:58:32 AM
I find this project very interesting indeed. Using blockchain technology to establish a better and more secure EMR sounds good to me. Working in the healthcare field and being a nurse who uses EMR all day long I think this might be a good thing. I hope this project does well.



Thank you for your interest! We hope it does well too!

Let us know if you have any questions!


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: lubing7683 on January 04, 2018, 06:29:54 PM
This project has a good concept that will make the patient more convenient and accurate in diagnosis and treatment. I will anticipate every updates of this project.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on January 11, 2018, 05:41:42 PM
StartEngine, our funding portal, has indicated that they will be accepting cryptocurrency in the next 2-3 weeks.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: roadster213 on February 12, 2018, 07:36:34 PM
Saw a couple of ads for this today, looks like they are finally doing some marketing.

This is a great project. It appears to be gaining momentum VERY quickly, already $300,000 raised on StartEngine.

I encourage anyone to check it out!

https://www.startengine.com/medchain


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on February 17, 2018, 07:01:03 AM
Saw a couple of ads for this today, looks like they are finally doing some marketing.

This is a great project. It appears to be gaining momentum VERY quickly, already $300,000 raised on StartEngine.

I encourage anyone to check it out!

https://www.startengine.com/medchain

Thanks Roadster, we're excited about our progress so far.
Here's our SEC filing in-case anyone is curious: https://www.sec.gov/Archives/edgar/data/1726640/000166516017000720/0001665160-17-000720-index.htm


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on February 20, 2018, 12:25:41 AM
MedChain will be attending and Sponsoring the D4C conference in Denver, Colorado. March 10th.

www.DenverD4C.com


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: roadster213 on February 28, 2018, 04:27:14 AM
Surprised that this hidden gem is going under the radar, good stuff here.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on February 28, 2018, 04:50:42 AM
Surprised that this hidden gem is going under the radar, good stuff here.

Probably because we're not paying a team of people to run around screaming our name. ;D


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 01, 2018, 07:51:06 AM
Will be announcing our first set of Advisory Board members in the next day or two;

One a former Director of Security & Technology at Blue Shield California, currently Chief Information Security Officer at CloudMedX.
One a doctor, currently a Clinical Content Specialist at IBM Watson Health.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 02, 2018, 08:21:20 PM

It’s our pleasure to present the first two additions to our Board of Advisors!


Gene Libov (https://www.linkedin.com/in/genelibov/), Chief information Security Officer at CloudMedX and former Director of Security and Technology at Blue Shield of California – Insurance and Health plan provider.

We are very excited to have Gene on board; information security should be the top priority of any company dealing with patient data, we’re confident his guidance will be invaluable to our company moving forward.



Dr. Erika Beerbower (https://www.linkedin.com/in/erika-beerbower-pharmd-bbb90932/), Clinical Content Specialist at IBM Watson Health.

We are equally excited to have Erika on the team; IBM Watson is paving the way for Artificial Intelligence and IBM Watson Health the way for effective care and positive patient outcomes.
IBM is currently training Erika in blockchain technology and with nearly 10 years of clinical database maintenance experience we expect her to bring high levels of insight to the team.



Additionally, we’re pleased to announce Alex Bowman recently joined the team as our Creative Director and deserves much of the credit for our new look and www.MedChain.us

Remember to get your tickets for the Denver Day4Crypto at www.DenverD4C.com - I'll be there March 10th with Alex Bowman from 8am to 7pm!


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: dzkrb on March 02, 2018, 08:43:24 PM
Is it possible to detail the medical framework for electronic records? What exactly is meant? And how long does it take to produce them?


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 02, 2018, 09:12:12 PM
Is it possible to detail the medical framework for electronic records? What exactly is meant? And how long does it take to produce them?

Put relatively simply; the framework consists of our API referencing our Distributed Ledger for hashes pointing to sharded patient information on our Distributed Storage Network. Smart Contracts on our Distributed Ledger will govern segmented access control to facilitate regulatory compliance.

'Producing' records isn't our goal(?) that's up to the providers using our software; storing them in a HIPAA compliant manner without centralized silo's and facilitating interoperability(sharing between systems) is our goal.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 05, 2018, 12:32:28 AM

Transforming Healthcare Data Management with MedChain (https://medium.com/@medchaininc/transforming-healthcare-data-management-with-medchain-167ef647c021)


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 08, 2018, 12:12:18 AM

Be sure to join our Telegram (http://t.me/medchain) for the most up to date news on MedChain


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 13, 2018, 08:00:57 PM

The Denver - Day 4 Crypto exhibit was a great success! We'll know for next time to bring more than 100 business cards!

Stay tuned for exciting news about our latest team members!


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 14, 2018, 10:37:42 PM

MedChain is making arrangements to sponsor the following upcoming events:

CU Blockchain Summit April 14th-15th

Global Blockchain Summit in Denver April 19th-20th



Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 15, 2018, 06:58:12 PM
Short interview about MedChain at Day4Crypto

https://www.youtube.com/watch?v=fiDnNHl8ikQ


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on March 18, 2018, 12:12:35 AM

Chief Technical Officer and Lead Developer announcement in the coming days!  ;D ;D ;D


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Max Likelihood on March 18, 2018, 12:58:03 AM
I just stumbled across your project by chance. I am a health scientist with over 15 years of experience and see the issues with EMRs frequently impeding our ability to answer questions with data. A project with like would be quite helpful if it could succeed.

I have a graduate degree in biostatistics and am involved with a lot of statistical computing (modeling data to answer particular questions, in programming languages dedicated to mathematical statistics). If you even encounter a need of that sort, I would be open to helping, just pm me. Regardless, good luck.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on March 18, 2018, 01:49:10 AM
I just stumbled across your project by chance. I am a health scientist with over 15 years of experience and see the issues with EMRs frequently impeding our ability to answer questions with data. A project with like would be quite helpful if it could succeed.

I have a graduate degree in biostatistics and am involved with a lot of statistical computing (modeling data to answer particular questions, in programming languages dedicated to mathematical statistics). If you even encounter a need of that sort, I would be open to helping, just pm me. Regardless, good luck.

We're very excited about how helpful functional interoperability will be! We're still early in development but we'll have beta opportunities closer to 2019.


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: rickC137 on March 23, 2018, 02:06:01 AM
Surprised that this hidden gem is going under the radar, good stuff here.

Probably because we're not paying a team of people to run around screaming our name. ;D

In rough numbers, how much have you raised thus far?  How has start engine been?  Worth the $25k + rake?

Have you had any questions about using your home address as your office address in your collateral?  I just wonder because it looks like a nice home, and I wonder if it's been a net positive or if it is throwing red flags?

Either way, I wish you the very best of luck!!



Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 23, 2018, 03:40:56 AM
Surprised that this hidden gem is going under the radar, good stuff here.

Probably because we're not paying a team of people to run around screaming our name. ;D

In rough numbers, how much have you raised thus far?  How has start engine been?  Worth the $25k + rake?

Have you had any questions about using your home address as your office address in your collateral?  I just wonder because it looks like a nice home, and I wonder if it's been a net positive or if it is throwing red flags?

Either way, I wish you the very best of luck!!


We've raised over $400,000 so far from about 450 investors.

StartEngine has been 'okay'. They've been promising we would be able to accept cryptocurrency investments since Early December, but still have not made good on that promise. There's been a few other oddities, but their 5-8% take is a necessary evil with this sort of raise, as a Title III offering must be through a 'Funding Portal'. The limitation on advertising on a 'Regulation CF' offering, coupled with strict KYC and only fiat investments has also caused some irritation not usually seen encountered in ICO's avoiding US regulation.

We're currently looking for suitable office space in the Greater Denver area; My co-founders home is listed as the current office address, he is the also CEO of Zynex Medical, a publicly traded Medical Device company(ticker:ZYXI), so I don't think it should cause any red flags.




Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: Frieda on March 23, 2018, 03:42:46 AM
Surprised that this hidden gem is going under the radar, good stuff here.

Probably because we're not paying a team of people to run around screaming our name. ;D

In rough numbers, how much have you raised thus far?  How has start engine been?  Worth the $25k + rake?

Have you had any questions about using your home address as your office address in your collateral?  I just wonder because it looks like a nice home, and I wonder if it's been a net positive or if it is throwing red flags?

Either way, I wish you the very best of luck!!


We've raised over $400,000 so far from about 450 investors.

StartEngine has been 'okay'. They've been promising we would be able to accept cryptocurrency investments since Early December, but still have not made good on that promise. There's been a few other oddities, but their 5-8% take is a necessary evil with this sort of raise, as a Title III offering must be through a 'Funding Portal'. The limitation on advertising on a 'Regulation CF' offering, coupled with strict KYC and only fiat investments has also caused some irritation not usually seen encountered in ICO's avoiding US regulation.

We're currently looking for suitable office space in the Greater Denver area; My co-founders home is listed as the current office address, he is the also CEO of Zynex Medical, a publicly traded Medical Device company(ticker:ZYXI), so I don't think it should cause any red flags.




not bad the result of pre-sale . i want to know when will crowd-sale  ,the market fall down ,i really want to know the plan .


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 23, 2018, 04:07:36 AM
Surprised that this hidden gem is going under the radar, good stuff here.

Probably because we're not paying a team of people to run around screaming our name. ;D

In rough numbers, how much have you raised thus far?  How has start engine been?  Worth the $25k + rake?

Have you had any questions about using your home address as your office address in your collateral?  I just wonder because it looks like a nice home, and I wonder if it's been a net positive or if it is throwing red flags?

Either way, I wish you the very best of luck!!


We've raised over $400,000 so far from about 450 investors.

StartEngine has been 'okay'. They've been promising we would be able to accept cryptocurrency investments since Early December, but still have not made good on that promise. There's been a few other oddities, but their 5-8% take is a necessary evil with this sort of raise, as a Title III offering must be through a 'Funding Portal'. The limitation on advertising on a 'Regulation CF' offering, coupled with strict KYC and only fiat investments has also caused some irritation not usually seen encountered in ICO's avoiding US regulation.

We're currently looking for suitable office space in the Greater Denver area; My co-founders home is listed as the current office address, he is the also CEO of Zynex Medical, a publicly traded Medical Device company(ticker:ZYXI), so I don't think it should cause any red flags.




not bad the result of pre-sale . i want to know when will crowd-sale  ,the market fall down ,i really want to know the plan .

Following this offering we will be conducting the more typical Regulation D 506(c) or 'Reg D' for accredited investors only. When we are ready to deploy our software/blockchain we will be conducting our Regulation A+ ICO to take the Token 'public', so to speak. (Currently projected for late 2018 early 2019)


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: rickC137 on March 23, 2018, 04:43:20 AM
Following this offering we will be conducting the more typical Regulation D 506(c) or 'Reg D' for accredited investors only. When we are ready to deploy our software/blockchain we will be conducting our Regulation A+ ICO to take the Token 'public', so to speak. (Currently projected for late 2018 early 2019)

Hm.  Interesting that you would have gone CF before the Reg D 504 from family & friends.  So, if this wasn't the ICO, then StartEngine didn't charge you $25k, their fee is only $5k.  I would think that the KYC / AML checks that they are doing on the investors alone is worth the rake.  Are you also doing the 5% advertising reinvestment through their captive ad company?  Seems like you are getting some great interest of FB, which is typically a pretty fickle crowd.  Props to you for getting back to them on all the questions, I think that is half the battle.

Regarding office space... it's interesting that RIOT Blockchain is in Castle Rock too... such a small town for two notable Blockchain entrants.

The CF has to be profitable for you.  Figure $28k in rake, another $30k in ads, $5k legal and maybe $5k accounting and you are still up $332k.

Are you getting most of your investors stateside or international?

Watching you with great interest, and hopeful for your success! (I awarded your first ever merit point on BitcoinTalk!)


Title: Re: [ANN][Reg. Pre-ICO] MedChain - Decentralized EMR Storage and Retrieval
Post by: PotatoFlakeSTi on March 23, 2018, 05:06:07 AM

Hm.  Interesting that you would have gone CF before the Reg D 504 from family & friends.  So, if this wasn't the ICO, then StartEngine didn't charge you $25k, their fee is only $5k.  I would think that the KYC / AML checks that they are doing on the investors alone is worth the rake.  Are you also doing the 5% advertising reinvestment through their captive ad company?  Seems like you are getting some great interest of FB, which is typically a pretty fickle crowd.  Props to you for getting back to them on all the questions, I think that is half the battle.

Regarding office space... it's interesting that RIOT Blockchain is in Castle Rock too... such a small town for two notable Blockchain entrants.

The CF has to be profitable for you.  Figure $28k in rake, another $30k in ads, $5k legal and maybe $5k accounting and you are still up $332k.

Are you getting most of your investors stateside or international?

Watching you with great interest, and hopeful for your success! (I awarded your first ever merit point on BitcoinTalk!)

StartEngine is getting 6-8% of the raise for KYC/AML, that means they are already receiving 30k+.

Not using their ad company, we started using them before they marketed any such thing. I'm trying to be very engaging on Social Media but it gets hard with the limits on 'term' language.

Legal is already way (way) above that, but those numbers will all be part of our disclosures. 99% stateside investors so far.

Thanks so much for your interest and the merit!


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on March 26, 2018, 10:54:00 PM
We’re pleased to announce that Steve Wishstar has joined the MedChain team as Chief Technical Officer.

Steve is an experienced CTO and hands-on Sr. Software Engineer with extensive experience working on projects for NASA Ames, Lockheed Martin and Raytheon. He has a demonstrated history of producing maintainable code, developing automated test driven architectures, and solidifying full-stack integrity; with roles leading teams up to 15 engineers and software/website designers we’re confident he will be an exceptionally valuable addition to the team.

He also brings additional patent experience to help protect our IP as development gets more focused.

Upcoming events:

April 14-15
We’re sponsoring the CU Blockchain Summit at University of Colorado Boulder and hosting a blockchain workshop for students starting to familiarize themselves with this innovative technology.
For additional information visit: https://summit.cublockchain.org/

April 17-19
We’re sponsoring the TOKENOMx crypto-conference in Chiang Mai, Thailand which represents our first footsteps into the East Asia market, we’re excited about potential partnerships and relationships this will generate for us.
For tickets and information visit: https://tokenomx.com/

April 19-20
We’re sponsoring the Global Blockchain Summit in Denver Colorado, be sure to get your tickets for the event while they last and come say hi to the MedChain team!
For tickets and information visit: https://globalblockchainsummit.com


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: rickC137 on March 27, 2018, 10:45:12 PM
Be careful not to double post (create two posts in a row).  Some MODS get pissed when they see it and will ding your profile.

So, what docs does someone get if they invest?  Whitepaper?  Subscription agreement?  Offering circular?  Deck?

Or do they just watch an explainer video and swipe their card?  Why can't you take crypto instead of fiat?  When will this change?

Can you still run Facebook ads?  I heard they banned all crypto related adverts, same as twitter and google.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on March 28, 2018, 02:51:31 AM
Be careful not to double post (create two posts in a row).  Some MODS get pissed when they see it and will ding your profile.

So, what docs does someone get if they invest?  Whitepaper?  Subscription agreement?  Offering circular?  Deck?

Or do they just watch an explainer video and swipe their card?  Why can't you take crypto instead of fiat?  When will this change?

Can you still run Facebook ads?  I heard they banned all crypto related adverts, same as twitter and google.

No trouble yet, hopefully none will come about!

StartEngine is acting as the Electronic/Stock Transfer Agent on our behalf. But due to the nature of a Regulation CF offering I can't discuss the 'terms' of the offering, which may broadly include what someone 'gets' when investing. We do have a Pitch Deck available, and our Form C filed with the SEC includes the subscription agreement.

Surprisingly few people have watched the video; but that might have to do with StartEngines layout.

The reason we can't accept cryptocurrency is entirely because StartEngine has so far refused to make it available for Regulation CF offerings despite offering it for Regulation D 506(c) and Regulation A+ offerings. If I had to make a guess as to their reason it has to do with the wording in the JOBS Act requiring a specific kind of 3rd party escrow account for the offering. At this time I'm not entirely sure when it will become available, if at all, which is extremely frustrating for us.

We've been able to run Facebook ads after contacting Facebook and supplying them with our Form C offering documentation filed with the SEC. (Proving we're a real company, with a regulated offering)


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: rickC137 on April 04, 2018, 11:10:03 PM


Can you still run Facebook ads?  I heard they banned all crypto related adverts, same as twitter and google.



We've been able to run Facebook ads after contacting Facebook and supplying them with our Form C offering documentation filed with the SEC. (Proving we're a real company, with a regulated offering)

Ah.  Good to know, sounds like you’ve got a very proactive team.  I invested; though I wonder if the funds will clear prior to your anticipated close... looks like the funds take 10 days to clear SE’s automated clearinghouse and you might be closing in <5 days.

What happens if the timing is not aligned?  Also it took <3 min to invest... pretty quick.  I was also a bit surprised that the subscription docs weren’t sent by start engine or even linked to the payment page... maybe a bit TOO streamlined?

How long will you keep the offering open?  Until you hit the $1m+?


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: diepvien98712 on April 06, 2018, 02:18:30 PM
An interesting idea. Tell me when the work will be completed? :D :D


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Calula on April 06, 2018, 02:57:01 PM
cool project, Transforming Social Media Marketing with be using Smart Contract to abolish the escrow for Influencer-Brand dealings. good luck and i wait bounty campaign


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: rickC137 on April 06, 2018, 08:12:48 PM
An interesting idea. Tell me when the work will be completed? :D :D

They’ve been pretty open with their communication.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Killrbit on April 10, 2018, 12:22:15 PM
any plans for bounties


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on April 11, 2018, 08:10:02 AM
Ah.  Good to know, sounds like you’ve got a very proactive team.  I invested; though I wonder if the funds will clear prior to your anticipated close... looks like the funds take 10 days to clear SE’s automated clearinghouse and you might be closing in <5 days.

What happens if the timing is not aligned?  Also it took <3 min to invest... pretty quick.  I was also a bit surprised that the subscription docs weren’t sent by start engine or even linked to the payment page... maybe a bit TOO streamlined?

How long will you keep the offering open?  Until you hit the $1m+?

Happy to hear you decided to invest! I've heard good and bad from people about the KYC process, including annoyance at having to constantly reconfirm investment.

We've also -finally- received an 'official' update on crypto investments... April 20th... *groan* StartEngine has offered to cover the cost of us amending our offering to extend, and I believe we will take advantage of that offer to allow non-accredited cryptocurrency investors a chance to get in at this most advantageous stage.

Edit: If an investment hasn't cleared prior to a close the money will get disbursed to the 3rd party escrow account, then to us after the clearing period.

An interesting idea. Tell me when the work will be completed? :D :D

I have been working closely with our CTO over the last weeks, we have deployed an internal blockchain and private IPFS, we will be hosting a workshop at Colorado University of Boulder showcasing some of this work this coming weekend. In the next 1-1.5 months we should be ready to launch a minimum viable product demo as we transition into our Regulation D 506(c) offering for accredited investors only. We are hopeful that our platform will be launch ready in late Q4 2018 early Q1 2019.

any plans for bounties

Due to the potentially regulated nature of our token, at this time it's difficult for us to provide bounties in the traditional sense; it would have to be in the form of a work compensation agreement and have significant out-of-pocket legal costs for us. As this funding round comes to a close we'll be better poised to approach the subject.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Kenely on April 11, 2018, 08:38:37 AM
I did not find the team. This is an important circumstance. I hope we get the information.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Behiri on April 11, 2018, 09:08:17 AM
its an awesome,good for this and hope will grow more for this project.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on April 11, 2018, 04:13:01 PM
I did not find the team. This is an important circumstance. I hope we get the information.


You can find our team information at: https://medchain.us
Or on the offering page itself: https://startengine.com/medchain

its an awesome,good for this and hope will grow more for this project.


Thank you!


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: xenchain on April 17, 2018, 02:25:45 AM
April 17-19
We’re sponsoring the TOKENOMx crypto-conference in Chiang Mai, Thailand which represents our first footsteps into the East Asia market, we’re excited about potential partnerships and relationships this will generate for us.
For tickets and information visit: https://tokenomx.com/

Great! xenchain.io co-founders Steve Rao (CEO) and Vincent Wong (CTO) are there now, attending TokenoMX in ChiangMai, Thailand.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on April 17, 2018, 04:30:20 AM
April 17-19
We’re sponsoring the TOKENOMx crypto-conference in Chiang Mai, Thailand which represents our first footsteps into the East Asia market, we’re excited about potential partnerships and relationships this will generate for us.
For tickets and information visit: https://tokenomx.com/

Great! xenchain.io co-founders Steve Rao (CEO) and Vincent Wong (CTO) are there now, attending TokenoMX in ChiangMai, Thailand.

Awesome, tell them to stop by and say 'Hi' to Eric Lafleche our Chief Marketing Officer, he just landed in Thailand!!(really, 5 minutes ago)


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: rickC137 on April 27, 2018, 01:53:28 AM


Happy to hear you decided to invest! I've heard good and bad from people about the KYC process, including annoyance at having to constantly reconfirm investment.

We've also -finally- received an 'official' update on crypto investments... April 20th... *groan* StartEngine has offered to cover the cost of us amending our offering to extend, and I believe we will take advantage of that offer to allow non-accredited cryptocurrency investors a chance to get in at this most advantageous stage.

Edit: If an investment hasn't cleared prior to a close the money will get disbursed to the 3rd party escrow account, then to us after the clearing period.

Just a quick followup.  The investment cleared.  All in, it took around 8 days from credit card authorization to confirmation from Start Engine regarding the funding clearance.  They really didn't do much in the way of KYC, basic name, address, stated income, etc. 

How did you do from a crypto payments perspective over the last 7 days?  Any takers?


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: sarfield on April 27, 2018, 03:39:59 AM
Medchain is a project that is engaged in health, this will be very helpful for the progress of our health. This application is able to provide a good solution for our survival.
Hope this project can be smooth and coming many investors.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Nggedebus on April 27, 2018, 03:59:00 AM
Opening a way to the possibilities of globalize data across every health service around the world.
That possibilities will makes health service could be maximize, since every records of the patient will be shared across the medical service to help ease of medical attention for the patient.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on April 27, 2018, 06:51:51 PM


Happy to hear you decided to invest! I've heard good and bad from people about the KYC process, including annoyance at having to constantly reconfirm investment.

We've also -finally- received an 'official' update on crypto investments... April 20th... *groan* StartEngine has offered to cover the cost of us amending our offering to extend, and I believe we will take advantage of that offer to allow non-accredited cryptocurrency investors a chance to get in at this most advantageous stage.

Edit: If an investment hasn't cleared prior to a close the money will get disbursed to the 3rd party escrow account, then to us after the clearing period.

Just a quick followup.  The investment cleared.  All in, it took around 8 days from credit card authorization to confirmation from Start Engine regarding the funding clearance.  They really didn't do much in the way of KYC, basic name, address, stated income, etc.  

How did you do from a crypto payments perspective over the last 7 days?  Any takers?

Rick, thanks for the info... Not sure if the KYC changes depending on level of investment on a Regulation CF, but presumably StartEngine just does the minimum necessary checks.

From a crypto payments/investment perspective we still aren't accepting them. StartEngine did a joint press-release with their Escrow partner PrimeTrust on the day it was 'supposed' to be ready for our offering.
See: https://www.businesswire.com/news/home/20180420005069/en/StartEngine-PrimeTrust-Announce-Reg-CF-Crypto-Escrow

I sent out a poll to our StartEngine investors and followers that indicates over-all support for another extension. Not sure if 'No' answers are aware it won't speed up the creation of our Network and any distribution to end the offering now.

https://i.imgur.com/80aIL69.jpg

So chances are another amend to extend is on StartEngines dime. We're in talks with CoinList.io about our Regulation D 506(c)

Heard from StartEngine that the functionality is still potentially over a month away. Very disappointing.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: rickC137 on April 29, 2018, 09:02:48 PM

So chances are another amend to extend is on StartEngines dime. We're in talks with CoinList.io about our Regulation D 506(c)

Heard from StartEngine that the functionality is still potentially over a month away. Very disappointing.

So you aren't going with CoinList for your RegD?  I've heard they are a tough nut to crack regarding platform... very selective regarding which coins they will list.

My understanding is that StartEngine will allow crypto for Reg D and the A+, so why move platforms?  Is it to access a "different" list/set of investors?  If so, I guess that makes sense.

Regarding ending the CF, I guess I'm not sure why you would unless:

1.  The SEC frowns upon having two different types of offerings happen at the same time for the same entity

or

2.  You are looking to free up the 6% holdback for chargebacks, which in your case is only around $30k...

Just seems like leaving the door open might yield some additional investment... but looking at your progress, it seems that the bulk of the funds were raised in the first 30 days...


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on April 30, 2018, 05:34:42 AM

So you aren't going with CoinList for your RegD?  I've heard they are a tough nut to crack regarding platform... very selective regarding which coins they will list.

My understanding is that StartEngine will allow crypto for Reg D and the A+, so why move platforms?  Is it to access a "different" list/set of investors?  If so, I guess that makes sense.

Regarding ending the CF, I guess I'm not sure why you would unless:

1.  The SEC frowns upon having two different types of offerings happen at the same time for the same entity

or

2.  You are looking to free up the 6% holdback for chargebacks, which in your case is only around $30k...

Just seems like leaving the door open might yield some additional investment... but looking at your progress, it seems that the bulk of the funds were raised in the first 30 days...

Whoops, didn't mean to strike the Reg D talks.

StartEngine does allow for crypto in Reg D and A+.

1. The SEC does allow concurrent offerings, though concurrent offerings with different terms could be a potential headache.

To that point though, we were nearing a little conundrum... Section 12(g) of the Securities Exchange Act of 1934. While the JOBS Act did address the threshold for security registration we currently estimate as many as 400-450 of our investors of the ~500 are unaccredited. If we extended, and reached our Reg D goal it's feasible that we would have 500 unaccredited investors in addition to total assets in excess of $10 million.

This would prevent us from using an exemption from registration, instead requiring us to register our security. This would be a massive financial burden on the company.
More information here: https://www.sec.gov/info/smallbus/secg/jobs-act-section-12g-small-business-compliance-guide.htm


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: rickC137 on May 01, 2018, 04:08:43 AM

To that point though, we were nearing a little conundrum... Section 12(g) of the Securities Exchange Act of 1934. While the JOBS Act did address the threshold for security registration we currently estimate as many as 400-450 of our investors of the ~500 are unaccredited. If we extended, and reached our Reg D goal it's feasible that we would have 500 unaccredited investors in addition to total assets in excess of $10 million.

This would prevent us from using an exemption from registration, instead requiring us to register our security. This would be a massive financial burden on the company.
More information here: https://www.sec.gov/info/smallbus/secg/jobs-act-section-12g-small-business-compliance-guide.htm

Awesome post.  Thanks for taking the time to write it.

I assume you mean "reached our Reg CF goal" not "reached our Reg D goal".

That is an ugly reality, which is why I assume you are going Reg D 506 next for accredited only.  Then you will take your <500 unaccredited + X accredited and file for an A+?  I assume that the non-accredited investors gained in the A+ do NOT work against the 500 limit?


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: PotatoFlakeSTi on May 12, 2018, 08:55:50 PM

To that point though, we were nearing a little conundrum... Section 12(g) of the Securities Exchange Act of 1934. While the JOBS Act did address the threshold for security registration we currently estimate as many as 400-450 of our investors of the ~500 are unaccredited. If we extended, and reached our Reg D goal it's feasible that we would have 500 unaccredited investors in addition to total assets in excess of $10 million.

This would prevent us from using an exemption from registration, instead requiring us to register our security. This would be a massive financial burden on the company.
More information here: https://www.sec.gov/info/smallbus/secg/jobs-act-section-12g-small-business-compliance-guide.htm

Awesome post.  Thanks for taking the time to write it.

I assume you mean "reached our Reg CF goal" not "reached our Reg D goal".

That is an ugly reality, which is why I assume you are going Reg D 506 next for accredited only.  Then you will take your <500 unaccredited + X accredited and file for an A+?  I assume that the non-accredited investors gained in the A+ do NOT work against the 500 limit?

I was thinking more in terms of fully subscribing a $15m offering after having accrued 500 unaccredited investors. Regulation A+ unaccredited investors would also count toward the limit, but at that point we will be better poised to deal with the potential cost... Or we could limit investments from unaccredited investors so our total continues to stay below 500. Total investors before registration would be required is a combined 2000.



Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: mpufatzis on June 18, 2018, 08:34:40 AM
Here is the MedChain's Greek ANN and Bounty Page:

ANN - https://bitcointalk.org/index.php?topic=4489198.0
BOUNTY - https://bitcointalk.org/index.php?topic=4420726.0


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: dangtotes on July 23, 2018, 04:17:33 AM
Medchain already has products and is developing features. DPS patients are built on the MedChain platform being developed for smartphones, tablets and desktops, iOS and Android. This project has potential in the long term.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: Businesscase on August 06, 2018, 04:42:46 PM
This project giving every patient to have their own medical records in the blockchain community for reference. I think it`s necessary for anyone and the project will be successful in the future.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: active706 on August 07, 2018, 07:51:58 PM
The main specialization of the innovative platform will be the protection of medical services on the Internet. It`s very important to keep information between doctor and patient safety and blockchain technology can easily provide this. I think this project will show itself and I trust in his future.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: TGBgraib on August 10, 2018, 09:34:46 AM
This project giving every patient to have their own medical records in the blockchain community for reference. I think it`s necessary for anyone and the project will be successful in the future.

MedChain creates a new health ecosystem that allows dApp infrastructure to be safe for storing Health Records. This platform performs Electronic Medical Records encrypted and fragmented across the network to prevent malicious attacks and hacking attempts.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: so_stupid on August 14, 2018, 08:13:04 AM
the very moment when the project (development) itself is good, but whether a token (crypto currency) is necessary - is a big question that I ask very often myself


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: mani mani on August 14, 2018, 08:42:35 AM
I think this is a unique project, I hope this project will develop quickly and have many investors around the world, I will support you good job and always fighting.


Title: Re: [ANN][Pre-ICO] MedChain - SEC Filed, Open to unaccredited US investors!
Post by: hipaatraining on May 02, 2019, 04:23:22 PM
Will be announcing our first set of Advisory Board members in the next day or two;

HIPAA Compliance training (https://niccs.us-cert.gov/training/search/supremus-group-llc/hipaa-compliance-officer-training-certified-hipaa-privacy)