The white paper seems very limited to me. What happens to the 2/3 of tokens that aren't used for the ICO? How will you attract your users? What are the projections for revenue and how will it exactly benefit token holders?
Thank you for the recommendations. This information will be added asap.
61.53% (61,525,000) Will be controlled by Corporate
32.5% (32,500,000) Will be sold during Presale
0.98% (975,000) Will be Used for Presale Bonuses
5% (5,000,000) Will be used for Bounties
Users will be attracted using a direct marketing strategy used and tested by the CEO in his past employment history. His strategy can easily attract 500-800 nurses / month. Conservative estimates, working only with Health Agencies and not the general public, we estimate generating over $8,000,000.000 the first year upon securing strategic contracts which are already in negotiation.
The benefit to token holders was explained in the document:
"We are making CareCoin a core element of the Care4Me application's architecture, to exploit the
programming power of the Smart Contract. Unlike other blockchains out there, the Ethereum
Virtual Machine (EVM) allows the software developer to perform programming actions of any
complexity right on the chain, visible to the public. Of course, not every software function in
Care4Me needs to be performed on-chain. However, certain actions are best broadcast on this
public ledger. Here are some activities we expect to do on-chain, which will innately make
Care4Me stronger compared to completely proprietary nursing services platforms:
1. Certification of Nurses' professional qualifications by independent reviewers, what we
call the Director of Nursing function, and publication of the proof of this work on the
blockchain.
2. Reviews of Nurses' performance on cases assigned to them will be recorded on the chain.
3. Customers who use the nursing services will be awarded coins as loyalty points, and will
be able to redeem them to pay for goods and services, like airline miles.
4. Performance rewards to nurses will use coins, similar to gift-card programs.
5. We will facilitate the exchange of coin balances with other popular token coins, so that
nurses and customers can redeem their rewards for tokens and points issued by other
companies and platforms. This trading liquidity, combined with the use of the coin as a
payment medium, will give it the characteristics that make a currency widely held and
used.
6. As a specialized currency focused on nursing and related medical services, we will add
the element of trust to financial transactions because all the parties on our platform will
have been through review or evaluation process, and the results will be recorded on the
blockchain, tamperproof, and for all to see.
Upon the successful launch of Care4Me and with funds raised at our official ICO we hope to
invest in acquisitions of major Health companies such as clinics, medical supplies, health tech
companies, drug companies and hospitals. We plan to use these acquisitions and developments
as the stepping stone into launching CareCoin as a health asset accepted within the health
industry.
It will take a lot of work before we get there but we hope that by creating a stable currency that
serves as a health asset for healthcare it may benefit millions of people worldwide who lack
access to healthcare. Industry specialists, economists, tech experts, legal experts and financial
experts will be hired to make this a reality if our Presale and ICO are successful."
CareCoin will hold its value based on the corporate share power itself. Just like real estate cryptocurrencies use the value of assets as ownership, so will CareCoin. CareCoin will be tied in to the very value of the Health Industry. Owners of CareCoins will own part of the healthcare assets which allow the use of CareCoin. The CareCoin Devs will ensure the value of CareCoin by using ICO funds to acquire Health industry companies and use these companies as the first acceptors of the token. In the beginning markets will determine the price of CareCoin but as more and more companies accept CareCoin we hope to stabilize its value.
