WELL Health ICO – Healthcare Decentralized Global Marketplace?
Well Health, found online at JoinWell.io, claims to be the world’s first decentralized global marketplace for high-quality healthcare. Find out how it works today in our review.
What Is Well Health?
Well is a decentralized healthcare platform built on blockchain technology. The platform aims to globalize healthcare and eliminate national borders in order to connect patients with the best doctors, therapists, psychologists, and other healthcare specialists worldwide.
As the official website explains, today’s medical industry is fragmented on international boundaries:
“We are creating WELL tokens to solve the world’s biggest healthcare issues surrounding cross-border payments, data accessibility and payment risk. We’re making it possible for the highest quality healthcare providers to serve anyone, anywhere.”
In other words, patients around the world can communicate with healthcare specialists anywhere. Well aims to dissolve national boundaries and open up worldwide access to the highest quality healthcare, with service available in multiple languages 24/7/365.
Well already exists in California. In fact, the company maintains the largest therapist network in California, and works with major medical organizations (including Medicare) to connect patients to that network. Well aims to migrate to blockchain technology while expanding internationally.
How Does WELL Health Work?
Well is a global healthcare platform built on the blockchain. The platform allows patient to spend WELL tokens to access healthcare services from providers worldwide. Meanwhile, healthcare providers – like doctors and specialists – can earn WELL tokens by communicating with patients worldwide.
Other key members of the Well ecosystem include charities, borrowers, employers, lenders, validators, and translators. The end result is the world’s first decentralized global marketplace for healthcare, built on blockchain technology to eliminate builders and connect healthcare specialists with patient worldwide.
Today, Well is already the largest therapist network in California. The platform has conducted over 13,000 patient therapy visits while serving more than 1,600 patients. In 2016, Well made over $800,000 in revenue. Well works with Medicare, Optum, Century Pacific Medical, and myMatrixx on the demand side, while working with thousands of healthcare professionals on the supply side.
In addition to ordinary WELL tokens, there will be a WELL charity token that allows users to donate a visit. You buy a visit on the WELL platform, then WELL tallies up the total number of visits conducted and makes monthly donations to its nonprofit partners to cover the cost of enabling that number of visits.
Users will interact with the Well platform through mobile apps on iOS and Android. The apps are already listed on their respective app stores.
The WELL Health ICO
Well is selling WELL Health ICO tokens through its ICO. The ICO began with a private pre-sale that raised $2 million USD. That was followed by a public pre-sale (ongoing throughout December 2017) where WELL tokens are priced at $0.05 per token. During the public sale (starting in mid January 2018), WELL Health ICO tokens will be priced at $0.06.
Of the total supply of WELL tokens, 40% are being distributed during the crowdsale. The remaining tokens are reserved for business and network development (40%) and for the team (20%).
Who’s Behind Well?
Well is led by founder and CEO Ildar Fazulyanov, a serial entrepreneur with 20 years of experience in healthcare, fintech, and venture capital. Prior to founding Well, the Los Angeles-based entrepreneur founded Greener Ventures, LLC and ran the company from 2006 to 2015.
WELL Health ICO Conclusion
Well is a global healthcare platform built on the blockchain. The platform connects patients with medical providers worldwide. The goal is to break down national boundaries and allow patients to access healthcare services from specialists around the world, regardless of their current location. Patients can buy medical services through WELL tokens.
To learn more about Well and the ongoing ICO, visit online today at JoinWell.io