What is your difference from your comtetitors? I believe this is not the "first" decentralized healthcare network as projects like Patientory ve Bowhead offer similar products.
It's not the first project in the medical field, there are some the same, and we can't tell that it were successful, but the idea is not bad, so I'll observe this project.
MedCredits is a platform that connects patients and doctors for
medical services. If you were sick at home or a relative was worried about a mole on their arm, you would use the MedCredits platform to be connected to a doctor.
Patientory is building a platform that will allow participating hospitals to share medical data. Their platform does not engage in healthcare services between doctors and patients.
Bowhead Health is experimenting with a niche market of personalized vitamins and supplementation. Their platform does not engage in healthcare services between doctors and patients.
I hope that clarifies the difference between MedCredits and a lot of other projects out there. We are indeed the first platform to offer medical services and our team is led by licensed medical doctors. By offering real medical services, we generate healthcare data. The patient will then own this data. MedCredits lies closest to the actual data and is therefore best positioned to build out a truly patient-centric and interoperable EMR.
This blog post was written to explore these concepts:
https://medium.com/medcredits/creating-a-patient-centric-emr-1411e9c5259I think this project is for people who want to give Medx money so they can get a product to the market in return Medx gives you tokens to be use later to see a doctor on their app. So this Medx is not for investors because investors don't care if they have a mole on their forehead. Investors want ROI. Investors know that there are ten other telemedicine apps and companies out there that have real working apps with over 50 doctors in most specialties.
So in summary, MEDX tries to dodge the "this is not a security" by trading Medx tokens for medical services. In return the one that bought MEDX tokens gets nothing except a chance to redeem MEDX tokens for medical visits on the app. If you are healthy and don't need to see a doctor then this is a waste of your money. Even if you are sick, and see a doctor on MEDX app and received a correct diagnosis, you still need to see a real life doctor for treatment anyway. How do you remove a cancerous mole from the arm? The app can't do that. So in a way you have to pay money to use the app then pay money for a real doctor to get treatment.
This is a great idea but it could be better if you promise investors some ROI (that is how you get funded, instead you promise investors a diagnosis, which many investors don't really care). However, if you promise investors ROI, then it is a security and you can get into trouble with the SEC.
So if you love to support a great project like donating blood, then do it. This is a great project, but like donating blood you get nothing back except maybe "good feeling" because you did something good.
