Join the Medcash ICO
We intend to trade Medcash, the ERC-20 token native to MedXchange, upon the completion of our ICO with a major exchange soon. The Medcash ICO will be a global first – join us in our journey to make regulated medical devices and supplies industry easier and more efficient for all its participants. It is a $340 Billion annual market, and growing rapidly. Medcash is the token that is native to Medxchange.io. Medxchange aims to streamline this marketplace, so that much needed medical devices and supplies can get to where they are needed faster and cheaper. This will improve outcomes and save lives. It is especially critical during “Black Swan” events, such as COVID19, Sars, Mers, Bird Flu, and so may others, past and future.
Medcash Token
Summary Terms
- Token Symbol: MEDCASH
- Token Type: ERC-20
- Hardcap: $24 million USD (Max)
- Softcap: $2 million USD
- Tokens offered: TBD
- Minimum exchange: $100 USD
Exchange Rate
- Week 1 of the Crowdfunding: 1 MEDCASH = $X USD, where X = price on Nomics or as set by consensus.
- Week 2 of the Crowdfunding: 1 MEDCASH = $X + 2.5% of X
- Week 3 of the Crowdfunding: 1 MEDCASH = $X + 5.0% of X
- Week 4 of the Crowdfunding: 1 MEDCASH = $X + 7.5% of X
- Week 5 of the Crowdfunding: 1 MEDCASH = $X + 10.0% of X
- Week 6 of the Crowdfunding: 1 MEDCASH = $X + 12.5%
- Week 7 of the Crowdfunding: 1 MEDCASH = $X + 15.0%
- Week 8 of the Crowdfunding: 1 MEDCASH = $X + 17.5%
- Week 9 of the Crowdfunding: 1 MEDCASH = $X + 20.0%
Other Terms
- The "go live" date will be announced on this page at least 7 calendar days prior to the start of Week 1 of the ICO.
- ICO Exchange Selection: To be advised
- The ICO will take place outside of the following countries (and is therefore not not available to Participants from these countries): USA, Canada, and China.
- For complete offer terms and conditions please see Terms/Conditions
- To be added to the list announcing the "go live" date please sign up here.
*Medcash is used as a “virtual commodity” to facilitate sales transactions of all global medical devices and supplies on the Medxchange system, and it is used to incentivize miners and data silos, and it is used to support all other related and supporting transactions, including exchange transactions with fiat currencies and other selected cryptocurrencies. Medcash does not convey any equity or ownership interests, or any shareholders’ rights (such as the right to receive dividends and the right to participate in the distribution of the MXL’s surplus assets upon a winding up, if any); as such Medcash is a digital token and is not and may not be regarded as an interest in a “collective investment scheme” (CIS), as defined by the Hong Kong Securities and Futures Commission (SFC). Please see T&Cs.
