Bitcoin Forum

In response to the post from ICO Ethics
(September 23 2018)
(https://bitcointalk.org/index.php?topic=5035669.0)
(https://medium.com/@ICOEthics/welleth-org-scam-ico-d30f6fe52521)

All activities concerning the Welleth ICO were suspended to thoroughly examine the situation. The discovery of a phony team member was indeed an impedance to the project development.

Stan was a great influence to Welleth at the early stage of the project. In responding to a call for a technical strategist, he designed the logo, improved on the website and provided so many proactive ideas for the project model and specifications.

As a young team with not so much financial backing yet, we agreed with him to pay in equity from tokens reserved for the team. He provided us with his details and because we had come to take him as one of us, the background check was only superficial up until icoethics (doing a commendable job) detected him.

His defense was; he wanted to be a part of the project and contribute to its success but didn't want any of the popularity that would come with it, for security reasons.

However, we've taken him off the team, off the project, terminated all his administrative access to the project, and contacted ICO Ethics. We've taken a step back to examine the extent of the damage and ensure we have a grasp on the situation. Now, we can assure that it's all under control.

Welleth is a great project with great potential, we believe in the project and would put in our best as the team, without any loss of enthusiasm, to make sure it delivers on every frontier.

We apologize to the public, to our partners, supporters, and critics. Thank you for being patient.

The new Welleth ICO schedule is as follows:
Start date: October 25th 2018 12:00am GMT.
End Date: December 15th 2018 12:00am GMT.

Bounty and airdrop news will be announced on our website and telegram community. Further questions can be directed to: contact@welleth.org

Thank you.
The Welleth Team

www.welleth.org

If we look at icobench and make a filter for the type of ICOs, most of them are not connected to health. I like the fact more and more projects are connected to healthcare.

Hard cap is really small - new generations ICOs really make good business plans and do not look for millions of dollars. They just know exactly how much they really need. So good luck guys!

10% for legal is a responsive way of making business. Makes sense.

The market size of charity is really huge. Blockchain is coming to charity.

"Market Size
The top 1000 British charities amassed a total income of
£30,601,780,457 and total expenditure of £30,095.930,821 in 2009, and a total income of £33,341,291,433 and total expenditure of £31,724,103,817 in 2010 (charitytrends.org). Americans gave up to $410 billion to charities in 2017 (nonprofitsource.com). This gives some insight on the potential for activities on the platform using Welleth coins on a global scale."

Detailed road map for 2020 - such a long term ending mind always attracts my attention. Have you made au audit of competitors? Cause there are quite a lot of charity ICOs coming.

Thank you for your observation.
We took steps to identify the demands of the regular community, then developed a project model around it.

We're glad you like our business plan and appreciate your support.
Thank you.

Hey. I really liked this project. Undoubtedly, you are promoting a really important idea, and I am sure that you will find people who do not want to stand aside. I want to wish you a successful ICO

Greetings! Human health is actually the most expensive thing anyone has. I fully support the team of this project in their work and wish them good luck!

Based on the roadmap, when is the project scheduled to launch? If ICO is successful and hardcap is reached on time

Hello! And will data about users and those with whom they interact be collected and stored? How long will they be kept in case of collection?

Judging by the roadmap, not before 2020. I hope that everything will be successful and the project will be launched by this year. Because it is really important for the society and each of us.

Your team has ambitious plans, but nevertheless they are worthy of respect. In my opinion, healthcare is a key part of our social life. When will you start developing your own wallet??

Hello. I have always warmly supported the themes of charity and donation, therefore I strongly support your project
I have a question regarding ICO, are there any bonuses at the start?

Hello! I have a question about the planned own mobile application? When will it be created and released? And on what the platform will be available?

On the site I found information about only three members of the team. Is the project being developed by only three people?

Such a project as you should be known to the whole world, for greater efficiency. What part of the total fees do you plan to spend on marketing? Do you have partners who can help with this?

Hello! And what is the minimum amount of donations that can be made after the launch of the project? Or are there no restrictions in this regard?

Do you plan to translate the site and white paper into other languages? This will attract more people to this project.
In general, you have a good and very important goal. I am sure that you will achieve this, because good deeds must always be approved

Hello! What region of the world is your project targeted at? Or are they planned as global, for which boundaries do not matter?

We're working on partnerships for some of these charities to set up on our platform, it would greatly speed up adoption within the donation market and boost our token value.

Yes, we considered major competitors while creating our specifications. This was the only way we could ensure our platform would stand out with unique features such as campaign wallets, integrated EHR, and token unlocking.

I think it's a great project on the good side, if you really do what you say, will the app be on the App or is it already like this?

Thank you.
I hope our success rewards you greatly.

Main net release is scheduled for 2019:Q3, by then we should have enough partnerships for good momentum.

Personal wallets won't require any user data to hold cryptographic tokens, but a KYC protocol will be integrated for campaigns and health facilities, to protect donated funds and compliance in some jurisdictions.

Thank you. Yes, primarily the platform will have a web app and we intend for the mobile app to be on Android, iOS, and Windows Mobile.

Is the mobile application under development? Or are you just planning to create it in the future?

I am very pleased that such important projects do not require tens of millions of dollars to open. Your hardcap says that doing good deeds is simple. I am sure that you will collect all the necessary money very quickly

Hello. I have a question that concerns me: what experience does the team have? On the site I found only general information about this. Do you plan to expand the team in the future?

Which exchanges will list your token? When about this will happen? Immediately after the end of the ICO?

I have always supported the ideas of charity. I want to sincerely wish you a successful ICO and future development of the project  ;)

Do you have a bounty program? I am sure that this can speed up the fundraising, as it will attract the attention of people

I am sure that this project will find its people even without a bounty program. Good projects should come first among all. Personally, I'm already sure that I will participate in ICO

Thank you.
Both personal and campaign wallets should be ready by the end of 2019:Q2, This is the goal.

Thank you for your support.
Yes, definitely!
Apart from the bounties which are currently active, there are buying bonuses which can be found on our website.

Hello! I have such a question: how will the interaction between the platform and real doctors be carried out? How will doctors be selected by your team to provide services?

I really like the thoroughness of your team approach to business. It really inspires. When was the project development started? When is planned at least a partial launch of the system?

Hello! How long will the ICO last? Will there be any bonuses for large purchases of tokens? Is there any information about exchanges where tokens can be bought?

Hello! How will you attract potential benefactors to the project? How many companies have already responded to your idea?

Hello! How many percent of tokens from the total number are planned to be released for sale in the framework of the ICO? What is the price of one token?

Where can I find out more information about project advisors? About their work experience, for example.

Thank you. We appreciate your support.

Yes, definitely. We look to expand the team in future, as a matter of necessity. Our knowledge pool must be kept adequate for a successful project.

It would be more strategic to secure some big partnerships first to boost token demand within the Welleth ecosystem before listing. This would greatly benefit all our ICO participants and improve our token in the market. So we're working on these partnerships now so we can list right after the ICO.

Your site is very beautiful and interesting. Nice to see that you approach with diligence to their work. keep it up  8)

How do you plan to expand after the project opens? What city are you based in?

Hello admins. I correctly understood that you are developing wallets for tokens of your project?

The idea to create a partnership for charity companies is a very good and important goal in the modern world. Do you have competitors in this regard? What is your advantage over others? Or is your idea innovative?

What are the main charities you work with? Have all cooperation offers received positive feedback?

What is the maximum amount of investment that can be made by one investor? Do you have restrictions on this?

Yes we have a bounty program currently active. View our Twitter channel @wellethofficial to participate.

The bounty is important for community growth because even the finished platform needs visibility for charitable campaigns.
Thank you for your support.

Hello! In which country is your project based? And in which countries will it work? I understand correctly that your goal is to make a global system?

Hi! Do you build partnerships with real clinics and doctors? How do you attract them to participate in this undoubtedly important and sought-after project?

I would like to express my admiration for the project team, which has set such an ambitious goal. And not just ambitious, but extremely important, because health is a priority for anyone. Good luck!

Hello! And when is the full launch of the project expected? Judging by the road map, then not before 2020, right?

Medical charity is a useful and important idea for society. How many patrons are already interested in your project? And how much is it planned to attract potential benefactors?

Hello! Is the development of its own wallet? And when the wallet will be ready and tested in action?

According to the roadmap, yes, not before 2020. The project is serious and requires a sufficiently large amount of time to develop and bring all its elements to readiness. I hope that the team will succeed!

That's a good question. 
We'll start by partnering with big hospitals to use our platform to boost mainstream acceptance, at this stage we'll actively seek out the partnerships ourselves. Every good hospital should have an EHR system and they'd only have to switch to ours to integrate the Welleth platform in their operations.
Other hospitals will have to request and will be accredited to ensure compatible standards.

Which countries need support the most? Are you planning to start with them? Or do you already have a future expansion plan?

How long will the ICO last? However, I am sure that you will collect the necessary funds in the shortest possible time ;)

I want to wish you a successful ICO and further development. You are doing really important and good deeds. I would like to see more such projects

You have a relatively young team, I don't doubt their abilities, but I have a question like this:
Do you have advisors who can help with the development of the project?

I used to hear about charity projects that were developed on the basis of a block chain. Can such projects be your employees? More importantly, can they compete with you?

The goals and plans of the team of this project are different from ordinary charitable companies. As far as I understand, this project wants to remove a third party in charity, which will lead to a decrease in the level of fraud

Which countries are limited in investing in your project? First of all, I want to clarify in which country your project is being developed?

Hello! How many tokens have the project released in total? How much of this amount will go on sale during the ICO? What wallets can be used at this stage?

The importance of this project is hard to underestimate, since the health care system no longer meets the requirements that are imposed on it every day. In this project I see the first step towards the modernization of this part of public life. Good luck, guys!

Totally agree with you. The project is up to date and his team looks strong enough. Such people should achieve a high goal. I wish you success in the development of the project and conduct ICO!

Hello everyone! And in which countries will the project act when it starts working? At the current stage, are there any territorial restrictions for potential investors?

Hello! Do you promote your project with the help of advertising on the Internet? In what social networks can I find your project communities?

I think the same. Still, it takes a fairly small amount to collect. I hope that the ICO will be successful and the team will be able to outrun their plans a step.

Yes, there are buying bonuses for WEX tokens. One bonus for early purchases, and another for large purchases. Both available in the website.
Yes, all information about exchanges will be announced, very important.

Quite a number of facilities are excited and eager to integrate our platform but the selection has to be more strategic than interest alone. For now we're focused on partnering with charities. Securing big partnerships in the donation market will boost our token value and drive interest in other sectors (facilities, benefactors). We've secured two partnerships already and aiming to get more to be announced at the end of the ICO.

70% of the total WEX tokens have been made available for the token sale. 7,000,000,000 tokens at 0.00000015 ETH each.

Where can I find more information about the project team? On the site I found only general information, strange, but only one link to LinkedIn works

Can you tell us more about the mobile app? What will be available in it, has already begun development? If I'm not mistaken, the application will work in 2019

Hello to all. Do you have any bonuses for large investments? I mean investments from 15-20 ETH

I want to wish you a successful ICO. Beginning in five days, I'm sure that you will succeed. You do good deeds, keep it up!  ;)

Thank you. We've considered the competition; Our idea is innovative and unique, designed to power itself as long as we gain high enough acceptance in the donation market.

Does your team speak at any conference dedicated to cryptocurrency?

How is your progress progressing at a fairly high level of acceptance in the donation market? What is being done for this?

We currently have two offices in Europe and Africa, looking to expand to Asia, Oceania and South America through partnerships by the end of 2018.
Yes our goal is to make a global system. It should work in every country with a compatible legal environment.

Hello! And how many medical centers and doctors you managed to attract to your project?

Hi! Your global reach will be phased, right? From which region will you start expanding?

Hello! Do you promote your project through advertising on social networks or on websites on the Internet?

Undoubtedly this is an important and relevant project that has every chance of success. I would like to wish the project team to successfully conduct ISO and launch it as soon as possible.

I fully support you. Health care is now more important than ever and in demand, but not everyone can afford the best medical treatment. Thanks to the medical charity platform this problem will be solved. Good luck to you guys!

Greetings! How many project has released tokens? And according to what scheme they plan to distribute? In particular, I am interested in how many tokens will be released for public sale.

Hello! As far as I know, a total of 10,000,000,000 WEX tokens are released. Of these, 70 percent will go to public sale.

You have a beautiful and informative site. I really like the fact that you approach the matter so responsibly

Your team has set a very important goal for the modern world. I am sure that it will be easy to implement. I will definitely participate in ICO and support your project

Are you ready to unite with other charitable organizations and foundations after the opening of the project? I’m sure that not everyone exactly understands the importance of your idea and that’s why they are now looking away

I want to know more about the members of your team. Unfortunately on the site I was able to access the linkedin only one member

With this hard to disagree. Immediately it is clear that good designers will row it. I also really liked the design and approach to presenting information.

Hello! How many advisors do you have? Where can I find out more information about them? About work experience or something like that.

Hello! How successful is the public sale of tokens? On which exchanges can you buy tokens and are there any bonuses for large purchases?

In which country is your project being developed? If not mistaken, is it London? How will you develop in the future? On the site, I found information that you want to help those in need in Africa. How exactly will this be done? Are you planning to rent buildings?

Hello! You have not abandoned plans to create your own wallet project? Are we working on this now?

What are the exchanges planned listing? This list can be replenished to the end of the ICO?

I think this project has a great future. And I hope that he will be able to collect on public sale the required amount to launch the platform. By the way, when is the launch about planned?

The required amount is not very large, so it seems to me that the team will succeed. And the launch of the project, if judged by the roadmap, is not expected until 2020.

You have a very interesting and good project. You want to make the world a better place and it certainly deserves respect :) 8)

Hello! How do you plan to attract potential benefactors to your project? And from which countries?

Hi! Do you have your own wallet? Or are you just planning to create it?

I really like the idea of creating a platform for charity in the sphere of medicine. I want to wish the project team success and good luck. By the way, in which regions of the world are you planning to start your work?

Hello! In which country is your project registered? Are there any territorial restrictions for potential investors?

What are the exchanges for your tokens? How many days are left before the completion of ICO and how many tokens have already been sold?

You have a very nicely decorated website and white paper written fairly well. Very good work, guys. I believe in your success!

Hello! Does the project team participate in any conferences on blockchain technologies?

A project like yours needs to be known to as many people around the world as possible. Do you have a big marketing plan?

I want to wish your team a successful ICO, I believe in you and your idea! Charity, it is very important in our time 8)

How long will the ICO last? What bonuses are provided during ICO? You have a very achievable goal of 1050 ETH

In which country is your project registered? What countries do you plan to expand your project?

Your idea will find its people. I am sure you will collect funds in very quickly. Are you considering the option of early opening of the project, if things will go well?

I have not seen many projects that are committed to charity. However, such projects really exist. Can they be your competitors?

I believe that this project will gain considerable popularity among people. I believe that there will be such patrons who will gladly invest their money in this platform. Good luck guys! You will succeed!

Hello! How many funds did you manage to raise at the moment? When does ICO end and what will the team do after the public sale?

Hello! How does the platform interact with doctors and hospitals? Are health care workers interested in your project?

Does your project team participate in any conferences on the blockchain technology? Is there an exchange of experience between you and projects that are also involved in the healthcare sector?

Hello! Do you promote your project through advertising on the Internet and social networks?

Hi! Are you planning to work globally? Will you start phased? From which region of the world?

Does your team have any experience in this area? Does your project have advisors?

It's nice to see charity evolving in the cryptoworld. Your project, one of the innovators in this case. I wish you good luck

In which cryptocurrencies do you accept investments? Will I be able to invest fiat?

Are you considering the prospects for the development of any additional functions in your project in the future? Charity may be different ::)

There are many developed countries in the world in which charity can help people. Which countries most need help from projects like yours?

You are doing a really good project. I wish you a successful ICO, I am sure that your project will easily raise the necessary funds for the implementation

In which country is your project developing? Are organizations that are willing to support you in your country? Or is it foreign charities or foundations?

It's really nice to have project like this, maximizing the potential of blockchain in the healthcare industry with charity on the side. But once I checked the trust of the OP, I doubt if their intentions are authentic or they are here just to lure users to get money.

Are you planning to translate white paper and website into other languages? I am sure this will help attract more investors

Hello! You have a very nicely decorated website and a fairly good white paper. Good job guys! I wish you success!

Hello! How many countries do you plan to reach in the first phase of the project's work? Do I understand correctly that going global level will be phased?

Your platform will be accessible to all classes of the population, right? How do you plan to promote it among potential customers?

I believe that the idea of creating a platform for philanthropy in the field of medicine is certainly correct and useful to society. I would like to wish the project team a successful completion of ICO!

Hello! What are your team's plans for the first six months after the completion of a public sale?

Hello! When will create your own wallet? Will it be tested before launch?

we see in the future whether this is what we want because I also haven't seen a very promising project for a long time and will hopefully become a new hope and we can produce something from this project

How much time is left to complete the ICO? How many funds have been collected and how much is left before the successful completion of the public sale?

How do you work on advertising? I'm sure you need to meet your project with a lot of people

Will your project be global? Or do you plan to develop in specific countries?

I want to say that you are doing really good things. I have not seen many such projects, but I consider yours the most promising

I agree. Nowadays, not everyone is willing to take the risk to do this. This is a very big responsibility. I am confident that the team will approach the project seriously.

How do charitable foundations that work without blockchain relate to your idea? After all, some funds are already your partners right now, if I'm not mistaken

No we haven't employed advertisements. We take a more direct approach to build a more organic community through bounties, social points, and direct communication with investors and partners (charities, health facilities, agencies). Our communities are on telegram, Facebook, and Twitter.

Yes, it will be a mobile adaptation of the web app with mobile-friendly features. It will enable you access and manage your personal wallets, campaigns, and view other active campaigns. The wellexchange will also be integrated but the EHR Platform will stay on web only. You can check out roadmap for timelines.

Yes, there's a buying bonus for large investments.
Available on the bounty section of the ICO page on our website.

Thank you for your support. The ICO has started this morning.
We hope you benefit greatly from our success.

Some organizations are scared of transparency, maybe they have something to hide. But most others are happy to operate on our platform.
I believe this project is the future, and once we achieve mainstream adoption, charitable organizations will want operate on our platform if they want to keep up.

Thank you for your comment and support.
The negative trust is as a result of an incident we had earlier in the project involving a former team member, which has been sorted out and publicly addressed.
For greatness to be achieved, there are always obstacles, challenges, and discouragement, but we must persevere without loss of enthusiasm to meet our goals, despite these challenges.

Hello, The token sale has only just begun, this morning.
Yes, there's a buying bonus for large investors, information can be found on the bounty section of our website.
We've published information on targeted exchanges but hope to add a few more.

No we are not planning to rent buildings.
Our first partnership was with a charity concerned with welfare and development in African nations. They proposed to help us to handle market growth in Africa, with the responsibility of securing partnerships between Welleth and big health facilities in Africa.
The aim is to drive adoption in Africa so there'll be better access to quality healthcare irrespective of socio-economic factors, so the less privileged will have an equal chance at good healthcare funded by Welleth campaigns.

Thank you for your support.

Hello! How many people on social networks you managed to get interested in the idea of the project?

Hi! How long did it take you to prepare for the public sale of tokens? How long will it last and what does the team plan to do immediately after the completion of the ICO?

Hello! In which country is the project registered? Are there any territorial restrictions for potential investors?

Greetings! Will user data be kept by the project team? Personal data, transaction data and services received, for example.

Hello! When was the project founded? How many people are involved in its development and preparation for launch?

Will you work only in certain countries? Or are you planning to provide your services worldwide? You have a really cool project, guys, I wish you success!

Hello! Is mobile application development underway? And for which platforms?

Charitable organizations are always a big job and a big responsibility. I am sure your team is ready for anything  8)

Do you have experienced advisors who help you to work correctly on the project? I think it is very important

Are there countries that are limited to participating in your ICO?
And in which currencies can I invest?

I follow your project for a week, I want to say that I believe in you! You have a good idea

How long will the ISO last? I am sure that you will be able to collect 1050 ETH in the shortest possible time. Are you sure that achieving hardcap will be early?

Does your team speak at any cryptocurrency conferences? Have you presented your project in public? What kind of feedback did people leave?

Certainly, charity in medicine is needed, but I wanted to ask this: does the idea of the project find a response from potential benefactors?

At what stage of development is your mobile application? What platforms is it designed for?

In which countries will you start your work? You will work with all classes of society, I correctly understand the idea of the project? Make medicine more accessible.

How do you plan to involve doctors in the work platform? By contracting with hospitals or some other way?

Does the project team participate in any conferences in the sphere of cryptocurrency?

How many people work in your team? Will this number be further increased?

Can investors from China or the United States invest in your project? I know that investors from these countries may have problems.

How many partners do you have? What roles do they play in your project?

You have a very good project, guys. Personally, I think your idea is very important and necessary in our time, I support you with all my hands

How much of the total fees will be spent on advertising the project? I understand you need a big marketing program

Your team is the first to decide to create a charity project with blockchain technology? Are you innovators in this?

Will you advertise your project only in specific countries? Or are you planning a global advertising program? Do you have partners to help with this?

Where can I find more information about your project team? On the site, I found a linkedin of only one team member. Are you a threesome only?

The ICO will last from 25/10/18 till 15/12/18, the schedule is available on the website. There's a buying bonus for large investors. Yes, thank you. We're certain that this will cover the development, marketing, and operational costs of the project.

Thank you, we appreciate your support.
We plan to stick to the roadmap.
Strategic partnerships will be continuous though.

The profile links have been resolved.
Thanks for the observation.

Do you cooperate with non-commercial charitable organizations that do not work on blockchain technology?

Your team has ambitious plans that, nevertheless, will actually benefit society when they are fulfilled. Good luck guys!

In which countries will your project start its work and when will it happen? Or are you planning to go global right away?

How many advisers do you have in a team? Do you plan to increase their number in the future?

Will users of your platform wave themselves to choose doctors for treatment? I after all correctly understand the idea of your project in that. to make medicine accessible to all at the expense of charity?

When is the completion of ICO scheduled? Does it succeed? Are there any bonuses for large purchases?

Do I understand correctly that you have partners? How do they help you? What roles do they perform?

When do you plan to launch a project? I understand correctly that this will not happen immediately after the completion of the ICO?

I want to express my admiration to you. Your idea is very interesting! I am sure that you will make charity more popular and honest

I also support this project. I am confident that the team will cope with the goals

In which countries do you plan to work? Are you sure that such a small hardcap will be enough for full-scale development?

Does your project have advisors? Since your team is very young and has little experience, I am sure that you need the advice of experienced people

Does your project have an innovative idea? If you have competitors, what advantages do you have over them?

Did your team have experience with similar projects? How did the idea of creating such a platform come about?

Do I understand correctly that your project is aimed at working in specific countries? If you are successful, will you expand to other countries?

Welleth seems to be one of the first platforms of its kind, as it aims to develop the donation, healthcare and cryptocurrency markets! I am interested in there are LT restrictions on investment?

Does your project have analogues? What parameters are you better than them? What fundamentally new do you offer to users and investors?

Do you conduct an advertising campaign in social networks or the Internet in order to attract benefactors? How many such people have already managed to be interested in the project?

Will your users receive medical advice or real medical care at the money of benefactors?

Your project deserves attention, it's nice to see people working for people ;) :D

What countries do you target first? To rich or poor countries where the health industry is not always in good condition?

I want to know more about your future plans. On the site I found only general information about your future work, where can I read specifically your ideas?

I support the project team in their work! Medicine is a key aspect of society that should be made accessible to all people. Good luck to you!

Do you plan to translate the site and white paper into other languages? I'm sure it will attract more people

If I'm not mistaken, then this project is the first experience of a young team. I want to wish them success!

Where can I find more information about your partners? How do they help you?

Will you have your own wallet? What wallets can be used at the current stage of the project development?

Do you expect to attract any companies or individuals to charity? Will it be possible for them to remain anonymous?

Are there any people specializing in the healthcare industry among your advisors?

How long will your ICO last? Are you considering options for renewal if funds are not collected on time?

Making medicine accessible to everyone is a good goal. I fully support the project team in their work and wish you success!

It took nearly two years from the project conception stage till ICO launch, and the ICO will end on the 15th of December 2018. Right after the ICO the team will focus on securing and announcing big partnerships, it's important to secure token demand before listing.

Hello, thank you for your question.
Data will only be collected at the Health facility level, in the EHR, and at KYC validation for the campaign wallets.

thank you.
We appreciate your support.

Thank you.
We're aiming to make a big impact and this demands great effort.

Welleth Tokens can be purchased using Ether.
Some jurisdictions have regulations on cryptocurrency use. These regulations are the only limitations that apply to participation in our ICO.
Thank you for the question, it's a rather important one.