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3 Creation of Tokens

3.1 Tokens will be created before the start of the Crowdfunding or during Crowdfunding and provided to Participants in an acceptable time after reaching the hard cap.

3.2 There will be 1,000,000,000 (1 Billion) Tokens generated in order to support the Crowdfunding, motivate founders and key employees, and grow the Company into the future. This is the maximum limit of supply of MEDCASH (“Maximum Token Supply). The Company reserves the right to decrease the MEDCASH supply at any time.

3.2.1 Hard Cap – $24 Million USD (maximum).

3.2.2 Soft Cap – $2 Million USD.

3.2.3          The maximum number of tokens to be sold in the Crowdfunding (“Crowdfunding Tokens”) will be 200 million Tokens.

3.3 Medxchange Limited is owned by two corporate entities: Kwivik Medical Group Limited and Verne Investments Limited Liability Limited Partnership. These entities will retain 20% each of the Maximum Token Supply. The remainder of the Maximum Token Supply are to be allocated as follows:

3.3.1 – 20% of the Maximum Token Supply, equating to 200 Million Crowdfunding Tokens (assuming the Hard Cap is reached), will be provided to Participants as a confirmation of funds transfer which may include a bonuses based on early sign-ups.

3.3.2 – 15% of the Maximum Token Supply, equating to 150 Million Tokens will be provided to management, employees and team members generally on vesting schedules (the “Insider Tokens”).

3.3.3 – Up to 3% of the Maximum Token Supply, equating to up to 30 Million Tokens is reserved for and provided to Consultants generally on vesting schedules, in the Company’s sole and absolute discretion (and this could be over 5 or more years);

3.3.4 – Up to 4% of the Maximum Token Supply, equating to up to 40 Million Tokens is reserved for and provided as technical tokens for stabilization and partnerships, generally on vesting schedules, in the Company’s sole and absolute discretion (and this could be over 5 or more years);

3.3.5 – Up to 3% of the Maximum Token Supply, equating to up to 30 Million Tokens is reserved for and provided as bounties to supporters of Medxchange for actions other than funds transfer in accordance with any applicable bounty program(s), generally on vesting schedules, in the Company’s sole and absolute discretion (and this could be over 5 or more years);

3.3.6 – The remaining 15% of the Maximum Token Supply, equating to up to 150 Million Tokens – after the Crowdfunding Tokens, the Insider Tokens and the reserves (for Consultants, Marketing, Technical, and Bounty) – is held for Acquisitions and further development in the future and as a liquidity reserve.

In addition, the number of Insider Tokens will remain unchanged regardless of how many Tokens are burned.

3.4 The funds which are raised from the Crowdfunding will be applied towards the marketing and development of the Medxchange system, to build the Company’s operations as more fully described in the Whitepaper, and any activities related to, tangential to or supportive of these goals.

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