Hello
How much is your soft and hard cap?
How long will the campaign last?
How much is one token?
Where can I find the whitepapper? I did not find it on the site.
Hi, the whitepaper will be released on Monday
For the mean, you can join our telegram channel to be updated ^
you did not answer any other questions
Hi ui_zakherchenko,
US Securities regulations don't directly permit a 'soft' and 'hard' cap in the same manner that ICO's traditionally done them. However, with our Regulation D 506(c) offering we anticipate a maximum subscription amount of $20mm USD.
The Utility Token campaign will last until approximately August 15th. It is not related to our ICO or Security Token.
One Utility Token is tied to a flat fiat price of $0.001 USD. This value is not tied to our Security Token.
The white paper is now available on our website.
This part of the Original Post describes the nature of the Utility Tokens;
█ Important notice regarding MedChain Utility Tokens: █
The following discussion does not purport to be a complete description of the MedChain Utility Token and is subject to change, without notice, by MedChain and your acceptance of such tokens shall be deemed to be an acceptance and acknowledgement of all risks and uncertainty related to and inherent in the token and the platform on which it resides.
MedChain Utility Tokens will be issued on the MedChain blockchain.
MedChain Utility Tokens are NOT a security token issued or issuable by MedChain and can never be exchanged for such security tokens.
MedChain Utility Tokens are for platform use and stress-testing only and will not be transferable outside of MedChain’s platform.
MedChain intends to 'account lock' its Utility Tokens until such time that they can be redeemed through actual ‘MainNet’ testing.
MedChain Utility Tokens are a Platform-as-a-Service, and Software-as-a-Service product and are bound to a flat fiat value.
MedChain Utility Tokens are not being distributed through an ‘ICO,’ Token Sale, or any other offering.
MedChain is not distributing the MedChain Utility Token to any recipient that intends to hold such tokens for the purpose of the tokens gaining value through speculation, trading, or through the efforts of the company or others.
MedChain is not and will never pursue 'exchange listing' for its Utility Token, even in the event that a security token of MedChain’s is listed.
Once the MedChain protocol and MainNet are considered live, the MedChain Utility Tokens will be used by holders to bug test and stress test the network in accordance with MedChain guidelines.
At such time, holders of MedChain Utility Tokens will be compensated for their protocol testing.
This bounty notice does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This notice contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this notice are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this notice, whether as a result of new information, future events or otherwise.
