After reading your project it does not really adds up for me.
2. How can we, investors, make sure that what you are trying to sell isn't scam (i mean no offence). What would stop you from putting cheap alco-tester in your vending machine, attach it to random number generator and tell random people every once in a while that they have high health risk and should visit a doctor (it's a win-win, because if they have problems they will thank you, and if they don't - they will be happy).
Many thanks, your questions are very correct. Unfortunately, we are rarely asked direct questions on the merits. And you correctly noticed that the market of ICO is overheated and there are many not only scammers but also non-professionals and just fools who think that their imagination will necessarily come true.
As an example, we showered suggestions on promoting the topic on this forum for money on advertising in other people's social networks and the sale of contacts of investors. If you just spend good money on advertising, then you can get investments even for creating a *time machine*. But we have a clear project with understandable intentions and a ready-made device that does not require funds for development. It is for this reason that we are interested in the opinion of real experts.
If you can spend some more time studying our business model, you will realize that the yield will be very large, and the ownership of the invention will remain our property. Since the time we will spend on the search for investment in the cryptocurrency will not be more than three months, and the likelihood of cooperation with the venture fund remains, we consider the cryptocurrency crowdinvesting a very convenient way to attract investment.
We do not intend to spend 30% of the estimated investment in advertising to collect them. I think that's what most ICO do.
These are quotes from our white paper
Health Monitor is a ready product without any stage of engineering and design. Production stage takes 7 months to obtain EU certificate and produce needed amount of devices.
As Health Monitor and S. Atutov are supported by heavy investors, we offer any investor from $30,000 to become the part of the team and sign an official contract for the Health Monitor Czech company share.
Of course, if you initially set a goal to steal or deceive - it can be done not only on the cryptocurrency market.
We have a working device that we can show everyone. Its cost is not so high to change the working parts to the Alco-tester, etc.
We have various medical studies that have been conducted for several years.
we have several videos of how the finished device works, you can see it on our website
http://healthmonitor.io/ I will publish it to you right now
here is the description of the device itself
Health Monitor specification details.
The device allows to keep track of low acetone admixtures in patient’s exhaled air. It is comprised of power supply source, spectrometer, discharge cell, sample selection line and process unit.
Health monitor is an electrical accessory, which is to be used with 12V direct current nominal voltage (inclusive). In case of instrument’s failure, voltage (on condition the circuit is broken), multiplied by measured current (which is meant to flow through the circuit with the possible defect) is not more than 15 volt-ampere.
The monitor is constructed of non-toxic materials, sans the ionization radiation. The device is isolated with no impact on the environment, as well as on the vital activity of any organism.
Once an exhaled air sample is drawn, it goes straight to the sample selection line, where the discharge is to be initialized in the discharge cell. Process unit stands for the registration of an exhaled air emission spectrum, with the subsequent analysis of it. Upon that, in order to decrease the exhaled air pressure in a discharge cell, a purge pump is used. Discharge initialization is conducted with the low pressure. Analysis of an exhaled air emission spectrum is to be done by means of spectrum intensity normalization, (rationing with the water vapor concentration in an exhaled air). Hence, water vapors have no impact on the measuring accuracy.
To conduct measurements, blowing the monitor’s tube for a few seconds is enough. All the following processing is automatically accomplished.
The main work principles of the device:
1. An exhaled air sample is drawn, and carried to the sample selection line.
2. With help of adjustable valve, the exhaled airflow through the sample selection line is easily regulated.
3. The air is passed to the discharge cell, with low air pressure (10 – 100 torr), kept up by the purge pump.
4. On condition the process pressure is reached, a glow discharge is initialized in the discharge cell (with constant current, varying from 5 to 20 mA). To maintain the glow discharge, a 1500V and Imax = 20 mA power supply is applied.
5. Further, discharge’s emission radiation is passed to the spectrometer through the fiber-optic cable. Spectrometer’s signal is registered and processed by the processing unit.
6. The device’s software analyses the exhaled air specter and compares it to the surrounding air specter. Based on this comparison, various impurity gases concentrations are calculated.
The device could be used for measuring the blood sugar level, as well as to detect the infancy of lung carcinoma, stomach ulcer and diabetes. It experimentally finds, the acetone concentration, measure by Health Monitor, is linearly proportional to the blood sugar level. Presence of the certain impurity gases does well indicate a probable disease, even though the device does not find the precise diagnosis. Such a medical test results may accent the necessity of the full medical examination.
Moreover, technical facility, described above, could serve as a detector of pollution and impurity gases in an environment air, such as mercury, xenon, methane vapors, narcotic and explosive substances in the air, etc.
By the way, function of the Health Monitor alcotesting copes very well too.