WHAT IS THE TOTAL NUMBER OF EXO TOKENS TO BE CREATED?
A total of 7.6B tokens (based on current global population) will be created. The intent is to
enable a methodical release of tokens based upon market(s) entered with an emphasis on normalizing
purchase power parity. To that end, we will be conducting seven token sale events; one in each
year, for the next seven years, which will ultimately allow us to distribute 7B of the 7.6B
tokens (.6B being held for the future). The token sales will commence as follows and allow us to focus on adoption in the
2018 - 1B - AMERICAS
2019 - 1B - EUROPE
2020 - 1B - INDIA
2021 - 1B - AFRICA
2022 - 1B - CHINA
2023 - 1B - SE ASIA
2024 - 1B - Rest of World
WHAT IS THE ALLOCATION FOR PRESALE, PRINCIPLES AND PUBLIC?
The initial portion of EXO tokens addresses the Americas totaling 1B citizens of which 500M EXO
will be sold - 200M presale (at a 35% discount) and 300M public sale. 500M will be used toward
building the network (seeding BlueCloud account holders etc.) 6.6B will be held in reserve for
future development. As tokens enter circulation, 10% of the tokens (100M of the 1B) will be
distributed to principals who will have a lock-up of twelve months.
WHAT IS THE ANTICIPATED DATE OF PUBLIC ICO, HOW LONG WILL IT LAST?
The EXO token presale will begin Q218 and runs three
weeks. We will have a two week break, then the main public
sale will begin and will run three weeks.
IS THERE A PRESALE?
Yes, the presale will commence in Q218 via SAFT allowing
EXOCHAIN to accept USD in direct exchange for a SAFT.
Tokens in the presale will be sold at a 35% discount to
reward early adopters for their support.
IS THERE A HARD CAP?
There will be a combined 500M EXO tokens available for
sale in the presale and main sale. No more than 500M
tokens may be purchased. The EXO token presale will begin
Q218 and runs three weeks. We will have a two week break,
then the main sale will begin and run three weeks.
WHAT HAPPENS TO THE UNSOLD TOKENS?
If the hard cap is not met, unsold tokens will be held in reserve for entry into new markets via
FCO (Follow-on Coin Offerings) as follows:
2019 - 1B - EUROPE
2020 - 1B - INDIA
2021 - 1B - AFRICA
2022 - 1B - CHINA
2023 - 1B - SE ASIA
2024 - 1B - Rest of World
Subsequent FCO pre-sale tokens will be made available to then-current holders of
EXO first via a new SAFT, with the balance reserved for the public FCO. Tokens will only be marketed to
adjudicated industry stakeholders. This is intended to foster overall global adoption which will in turn increase the value to
all token holders as larger patient populations will result in larger cohort result sets which
will in turn lead to cycle-time reduction for finding cures which directly impacts mortality and
morbidity rates for mankind.
WHAT PAYMENT METHODS ARE ACCEPTED?
During the token sale, payment will be accepted in ETH (Ether) and such sales will be governed by
an ERC-20 Smart Contract agreement. During the public sale, payment will be accepted in ETH
(Ether) to the EXOCHAIN contract address.
CAN US CITIZENS CONTRIBUTE TO THE TOKEN SALE?
Yes, subject to the requirements of applicable securities
and other laws. Please note that, in order to participate
in our presale, you must be an accredited investor as
Rule 501 of SEC Regulation D.
We want broadest participation as possible but must do
this in order to conduct a legally compliant token
pre-sale in the U.S. The debate regarding US securities
laws as they apply to token sales continues to evolve and
we will continue to keep you informed to this end.
ARE TOKENS ERC20 COMPLIANT?
Yes the EXO tokens will be created via the ERC20 standard.
CAN I VIEW THE EXOCHAIN SMART CONTRACT?
Yes, you will be able to view the smart contract in our github.
DOES THIS TOKEN SALE COMPLY WITH US SECURITIES LAW?
We are making every commercially reasonable effort to ensure that this offering complies with current Federal and State securities laws as applicable. Please note that in order to participate in our presale, you must be an accredited investor as defined in Rule 501 of SEC Regulation D. Please also note that the public sale of tokens may also be subject to certain limitations imposed by current securities regulations. We will update this information as the launch date for the public sale approaches.
HOW CAN I STORE MY EXO TOKENS SAFELY?
Because EXOCHAIN is launching using the ERC 20 standard, any wallet that supports ERC20 tokens will be able to store EXO tokens. That being said, we encourage token holders to store tokens in a cold storage wallet. Cold storage (hardware) wallets provide the best level of security given the proper use of the wallet. While we do not endorse or make any representations or warranties about the integrity or security of any third-party cold storage providers, examples of these cold storage wallets include Ledger, Nano S, or Trezor.
WILL THE TOKENS BE INSTANTLY TRANSFERRABLE?
Purchased Tokens: Yes, tokens purchased in the public sale will be immediately transferable. ‘Seeded’ Tokens (Tokens seeded to wallet, according to the triggering of a condition, such as a third party account being created): will not be immediately transferable, because of a concern that a malicious agent would otherwise be able to make a multitude of accounts, transfer the tokens in the wallets corresponding to those accounts to a wallet under their control, and subsequently accrue a large number of tokens.
WHERE CAN I BUY EXO TOKENS?
Currently the only way to acquire EXO will be during the token offering. Although we can’t make forward looking promises, after the token offering is finished EXOCHAIN will be actively seeking listing on top exchanges.
WHERE DO I SEND THE ETH TO?
When the public ICO sale starts, you should only send funds to the crowdsale smart contract address you see on the https://tokensale.exochain.com. There will only be one smart contract address. The same address will also be listed on https://exochain.com and our Telegram channel (https://t.me/exochain_official). For additional security, please validate and confirm each of these three channels contains similar numbers. For whatever reasons they’re not, please contact the Admins on our Telegram channels and let us know.
HOW DO I PURCHASE EXO TOKENS?
Do not send from an exchange! You must have the private key for the wallet you are using. Options include myetherwallet.com or MIST-(https://github.com/ethereum/mist/releases). Don’t use Mobile devices.
If your ETH is in an exchange, please send that ETH to your private wallet ETH address first, then send the ETH from your private wallet to the receiving ETH address provided by us on the token sale site.
WHERE WILL THE FUNDS BE STORED AFTER THE TOKEN SALE? WILL EXOCHAIN BE USING AN ESCROW SERVICE?
All ETH deposited to ERC20 smart contract to 3-party
multisig wallet to be converted immediately to USD fiat
held in US domestic multisig EXOCHAIN (CEO + CFO
controlled) corporate bank accounts - upon receipt of ETH
smart contract to immediately send usable EXO.
What is EXOCHAIN?
EXOCHAIN improves the nature in which digital transactions occur, and empower end-users by enabling them to establish sovereignty over their data. Today, this means a reconception of the relationship between medical data and the patient corresponding to that data. The EXOCHAIN LYNK protocol will not only enable the transition of control of medical records to patients, but will also permit healthcare organizations to transcend the issues stemming from the segmentation of healthcare IT networks and researchers will obtain better methods for identifying clinical research participants. EXOCHAIN is also working towards realizing an ecosystem that expands access to high-impact medical data for use in precision medicine in a manner that protects and fairly remunerates patients.
Who is on the team?
The EXOCHAIN team consists of leaders in precision medicine, computer science, and data security.
Read more about our team here: Team page
WHAT IS BLOCKCHAIN AND HOW DOES EXOCHAIN USE IT?
Blockchain, simply put, is a peer-to-peer distributed ledger technology that enables transparent transactions and consensus mechanisms. In other words, an exact duplicate of the data stored on a public chain is stored by every machine contributing to the computing power of the chian. Therefore, any time something changes, everyone sees it and can verify that the change is suspicious or not thereby making the chain a more secure data storage system (if data is stored in a single location, then it is much easier to make changes without anyone noticing).
The key features obtained are:
Once data is stored in the database, it can never be modified or deleted. Every record on a blockchain is permanent.
No single individual or organization maintains the database; any conceivable number of individuals and/or machines do, and every participant maintains an exact copy of the database.
Blockchain is such an impactful technology because of its capacities for the establishment of truth and verification of data such as Zero Knowledge Proofs. .
Zero Knowledge Proofs are certifications provided to support claims that do not reveal any additional information beyond the validity of a claim.
An example of a Zero-Knowledge Proof could entail the following:
An individual submits a birth-certificate for review by a third-party.
The third-party confirms the submitted document as being valid.
The same individual is asked to prove that they are above the age of 21.
Rather than the individual using their birth certificate as supporting proof for the claim of being over 21, the previously referenced third-party can attest with a mere ‘yes’ that the individual is indeed over the age of 21.
The significance of a third-party certification is that it does not provide any additional information (birth date, birth location, etc.) beyond the truth of the claim of being over 21. This example also exhibits the concept of a ‘once-and-done’ certifications. Instead of having to prove a claim each time a request for such a proof is made, a proof can be confirmed once by a trusted third party such that the validity of a claim can be attested for through reference to a single validity evaluation. This process possesses significant potential for reducing the redundancy of digital proofs and has yet to be widely adopted within digital identity frameworks.
WHEN WILL THE PLATFORM BE READY FOR USE?
Blue Cloud will begin using the EXO token in Q2 2018
WHOS USES EXOCHAIN?
EXOCHAIN is an established network of 1.3M EXO-owning healthcare industry insider stakeholders whose passion and employment is predicated upon successful research outcomes in the medical field.
HOW DO I UPLOAD MY MEDICAL DOCUMENTS?
A reasonable period of time before their visit, the patient is sent a notification, which
explains that they can save time if they establish their Odentity with EXOCHAIN before
arriving at the doctor's office.
Patient walks into doctors office
If patient has not already done so, they will be required to establish an Odentity with
Patient examines Medical Record Release Form (MRRF) provided by EXOCHAIN and uses
EXOCHAIN-provided identity establishment credentials [Odentity] to digitally ‘sign’ the MRRF
An attestation of the context (entities involved and the corresponding Odentities at that
time slice) and signature of the MRRF is recorded by EXOCHAIN
The records under the purview of this doctor’s office are digitally uploaded to EXOCHAIN’s
These uploaded records are then instantiated with ‘default’ access permissions (as specified
in the Medical Record Release Form)
The patient is notified, and presented with the opportunity of customizing the access
specifications corresponding to their medical data.
The patient can now seamlessly release these records to other healthcare organisations.
WILL OTHER HEALTH CARE FACILITIES BE ABLE TO VIEW MY HEALTH RECORDS IMMEDIATELY?
Upon verification of one’s identity, a user can define the parameters which designate who may interact with their medical records and the extent to which they may do so. By enabling the programmatic release of records to qualified parties, EXOCHAIN dramatically increases the speed at which records may be transferred and clinical trial candidates can be found. Put simply, EXOCHAIN allows you to clearly outline who may interact with your medical records. The rules you define are added to the blockchain to ensure they cannot be changed by anyone else, but yourself.
HOW DO I KNOW THAT MY RECORDS ARE SAFE?
Any personally identifiable information about a user is encrypted with AES 256 encryption and rotated granular keys instead of a single key for all data. Additionally, data at rest is stored with an additional layer of encryption.
HOW ARE MY RECORDS STORED?
Medical documents are stored in our partner repositories. Rather than storing the medical records, EXOCHAIN will store and maintain ‘pointers’ (think html address for a content on a specific web page) to records. To access these pointers, we certify the identity establishment of users and reference user-defined parameter designations to control information access, but users do not upload their records directly to EXOCHAIN.
CAN MY RECORDS GET HACKED?
There is no absolutely secure system. However, we employ
defense-in-depth security practices and data encryption to
reduce this risk and also to make the data useless even if
the data files happen to be stolen.
DO I NEED EXO TOKENS TO USE THE PLATFORM?
Yes. Medical researchers must remit EXO tokens to BlueCloud, in order to access search results.
DOES EXOCHAIN HAVE ANY PARTNERSHIPS?
Yes, in fact, our partnerships are just as exciting as our technology. The EXOCHAIN™ LYNK protocol is the exclusive global standard for login adjudication for over 1.3 million healthcare providers currently enrolled in the BlueCloud® network.
The EXOCHAIN BlueCloud.net is comprised of more than 50,000 industry stakeholder organizations representing doctors offices, hospitals, pharmaceutical drug discovery companies, and universities, all of which must verify and secure the identity of both patients and the credentialed medical professionals participating in FDA-regulated clinical trials.
The EXOCHAIN LYNK protocol is the exclusive standard adopted and governed by the 501(c)3 non-profit Alliance for Clinical Research Excellence and Safety (ACRES) ACRESGlobal.net.
WHAT IS BLUECLOUD?
HealthCarePoint’s BlueCloud® is a universal networking technology that enables industry stakeholders to innovate and create new and efficient business models that improve patient care, by implementing standards and eliminating waste, fraud and abuse. Its’ network reaches more than 162 countries and is used by over 1,300,000 healthcare professionals, 67 Sponsors, 14 CROs, 8 IRBs, universities, thousands of healthcare and clinical research stakeholders and site organizations. BlueCloud® applications work together as one, empowering all industry stakeholders to organize, centralize, connect, share and deliver information required for business and compliance by using a common, secure and private verifiable on demand system, saving the industry time, money and ultimately saving lives.
WHERE IS EXOCHAIN LOCATED?
5 Bragdon Lane, Suite 4, Kennebunk, ME 04043
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