WELL is building the world’s first widely-used decentralized blockchain based marketplace for healthcare. WELL is globalizing healthcare and eliminating country borders to directly connect healthcare specialists and patients worldwide. We are creating a token of on-demand healthcare that solves the current problems of cross-border payments, data accessibility and payment risk, while allowing the areas with the worldwide highest quality of healthcare to serve the entire world.
ICO Status: Finished
“I want a global network of curated specialists that I can access for my family’s healthcare from anywhere, anytime and in my own language.” WELL is a decentralized global healthcare network built on Ethereum blockchain and smart contracts. The WELL Platform is designed to disrupt and replace the traditional healthcare models by providing easy access for patients everywhere in the world to receive remote access for diagnosing, second opinion and preparation for in-person treatment from the best, curated medical professionals in the world.
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$3,000,000 raised during the private pre-ICO
|ICO token Distribution:
30% development, 20% marketing, 25% team, 25% Legal and Advisory
1,500,000,000 WELL tokens
The WELL token provides for multiple features within the WELL’s healthcare platform: 1. WELL token as a form of payment. WELL token is supposed to be a main means of payment within WELL system after WELL blockchain is created. Although we will be agnostic to the type of fiat or cryptocurrencies that we accept from our patients and pay our clinicians. 2. WELL token as a means of transfer from one currency to another. It’s also supposed to be a means of price determination for WELL services. The system will take a fee in WELL token and some premium features will be available only in WELL token 3. WELL token as a means of gamification of healthcare - WELL platform will award WELL tokens for behaviors that lead to desirable outcomes. Patients will be rewarded with WELL tokens for achieving certain markers, such as improved BMI, blood pressure, cholesterol and other health measurements, ratings, timeliness, etc. Clinicians will be awarded WELL tokens for their patients’ achievements, lower hospital readmission rates, ratings, timeliness, etc. Corporate partners will be given bigger discounts for higher satisfaction ratings by their patients and clinicians, better adherence to smart contract governance. Programmers will be awarded WELL tokens for their contributions to WELL source code based on measurable metrics, such as Github references, library usage in WELL code base, hackathon wins, etc. 4. Social and gaming function. We also can say that WELL is a WELL Network “in-game” token, and participants of the WELL Ecosystem are rewarded for doing certain actions. Also, the token can be used to pay for and unlock certain network resources such as wellness resources for patients, clinical education resources for clinicians, and data and analytics resources for our enterprise clients and partners. We intend to create strong community connections between different parties in healthcare 5. Encouragement and rewards. WELL patients, doctors and other users are rewarded with WELL tokens for being on time to their appointments, thus reducing costs associated with the overdue time. 6. Partnership access - WELL ownership will give access to advanced platform’s features. Moreover special partnership programs will help in integrating big companies and institutional players into WELL network 7. Data share. Every time WELL receives a payment for de-identified and anonymous patient and clinician data, the corresponding patient and clinician will be rewarded with WELL tokens. WELL respects personal details of all of our clients and will never disclose any information with third parties without consent from the client. 8. Getting payable access to customers’ de-identified health histories - insurance companies and other enterprises will pay WELL tokens to access de-identified WELL health data.
|Several crypto projects were also launched summarized below and almost all have share the same characteristics: lack of viable existing business model, which WELL does have. WELL gives an additional value for clients using different mechanisms. Firstly, they receive 24 hours healthcare service 365 days a year, wherever they stay. WELL’s service is transboundary because of developed global network of doctors (therapists, psychologists, surgeons and other specialists) who speak most common world languages. WELL aggregates even those medical professionals who are very required but not sufficiently developed in some countries of regions. So patients can receive a medical support in their native language from the best world doctors. They don’t need to stay in hospital, that is an additional source of disease or other hazards. They don’t have to enter for the waiting list because the system can propose few strong specialists in a moment. Low cost business model may cause price reducing of approximately 30%. That means that patients receive prices for advice by leading medical specialists for the piece of price for an personal appointment with a doctor.|
Initial Coin Offering
|Pre-ICO Launch: |
16th of April 2018
25th of June 2018
26th of June 2018
30th of June 2018
ICO Tradable on Exchanges since:
still not tradable
|Platform: Ethereum (ERC20 Token)|
|United States of America|
Team behind WELL
Founder and CEO
Ildar Fazulyanov is a serial entrepreneur with over 20 years of experience in healthcare, fintech and venture capital. He founded Well, Inc. over two years ago with a mission to provide access to highest quality care to everyone. Ildar has managed all aspects of running a successful healthcare business, including accounting, business development, Medicare licensing, recruiting clinicians, sales, marketing and HIPPA compliance. Prior to WELL Ildar founded and completely bootstrapped Greener Equity, a successful fintech company, sold to Econ Partners. Ildar started his career at Bain & Company. He also worked for DB Alex. Brown and was part of a launch of DB Advisors from an internal trading desk to multibillion dollar hedge fund. He also worked in Venture Capital at vSpring Capital ($450M AUM), now Signal Peak Ventures, where he focused on healthcare. MedCrowdsalennect Global, vSpring’s portfolio and record-retrieval company, was sold to Verisk Analytics (VRSK) for $348 million. Ildar studied at Moscow Bauman University (#1 Engineering University in the former USSR and Russia), where he was in a Master’s of chemical engineering program. He graduated with MBA from Tuck School of Business at Dartmouth with Tuck Scholar Distinction (top 5%) and degree in Economics from BYU Magna Cum Laude.
Development Team Lead
Software engineer and Ethereum lover. Dmitry’s blockchain experience includes building P2P cryptocurrency exchange Qvolta. Dmitry has over a decade of experience with full stack and is part of the Upwork Enterprise team, where he managed creation of over twenty features and oDesk and Elance migration to Upwork platform. Dmitry is a frequent speaker at software conferences. When not coding for work, he usually hacks together new concepts and open source libraries.
Dr. Matthew Lefferman
Dr. Lefferman has practiced medicine for over sixteen years. Dr. Lefferman is CEO of Access Healthcare Associates, an entirely mobile practice caring for seniors of the greater Los Angeles area since 2007. Dr. Lefferman is a pioneer of the Modern House Call, providing an innovative approach to the traditional physician house call by coordination of primary, ancillary, and specialty treatments in the comfort of your parent’s home environment. Matthew holds DO degree from Midwestern University and BA in Economics from John Hopkins University.
For over ten years Josh has systematically implemented Work The System methodology into businesses and helped owners smooth out their operations and grow their profits in many industries, including healthcare and software. Josh holds MBA from Arizona State University and degree in Architecture and Urban Planning from University of Michigan.
Yetkin has over ten years of software development experience. Prior to WELL Yetkin was a lead software developer at Bilyoner.com, one of the largest and most valuable online betting companies in Europe, where he managed database of 2.4 million users with over 10K transactions per minute. Yetkin holds a computer science degree from Koc University.
Istvan Csatari, PhD
Istvan has over 10 years of experience working on multidisciplinary projects with track-record of achieving great results for large corporations, small and startup businesses through marketing, promotional and educational presentation initiatives. Dr. Csatari has PhD and Master’s degrees in Environmental Science from University of Debrecen.
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Categories:Initial Coin Offering