SKYCHAIN ICO

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SKYCHAIN

SKYCHAIN is a decentralized blockchain based infrastructure that intends to use artificial intelligence to provide health care related services.

Details

ICO Name SKYCHAIN
Description SKYCHAIN is a decentralized blockchain based infrastructure that intends to use artificial intelligence to provide health care related services.
Website URL https://skychain.global/
White Paper URL https://skychain.global/wp-content/uploads/2018/03/wp-en-new.pdf
ICO Launch 2018/02/26 20:10
ICO Closing 2018/04/08 05:00
Token Platform ETH (ERC20)
Coin Price $1.25
Funding Target 12,000,000 SKCH tokens
Funding Cap 14,400,000 SKCH
Coins Offered 80% of the total token supply

What Is SKYCHAIN?

SKYCHAIN is a decentralized blockchain based infrastructure that intends to use artificial intelligence to provide health care related services. As per a general estimation, artificial intelligence has already propagated excessively in the healthcare industry, however, the platform plans to hold 70% or more of the said market. The platform intends to develop a system to reduce unwanted medical errors and bring the count of annual premature death to a minimal level. Using blockchain technology, details of patients are not only recorded securely but can be crossed check multiple times over a matter of few clicks.

Concept

SKYCHAIN is a blockchain based decentralized healthcare platform that uses artificial intelligence in healthcare procedures. The platform intends to reduce common medical errors and enhance the efficiency of the medical procedures with the help of blockchain technology, thereby increasing the reliability and trust of people intact. The platform brings key data providers, independent artificial intelligence developers, crypto miners and consumers in contact with each other via smart contracts. It aims to become the next market leader to offer AI assisted techniques in the healthcare industry.

How Does SKYCHAIN Work?

As mentioned earlier, the platform aims to bring revolution in the healthcare industry by employing the concept of smart contracts and blockchain technology for related medical procedures. Let’s take the current scenario of the neural medical networks to understand it better. At present, doctors find it difficult to access the details and developments of various neural network creators as well as laboratories because of the absence of any unified infrastructure. SKYCHAIN brings the solution by acting as an App Store analogue. This enables doctors to access and use their desired network in no time.  The platform also facilitates developers to access medical data of neural networks for training purposes. Using distributed resources of computing, the platform offers convenient tools for the development of neural networks.

Earn SKYCHAIN Tokens

People can earn SKYCHAIN tokens by contributing to the crowd sale of the ICO until April 8th, 2018. The ICO also offered a bonus of up to 50% during its pre-sale, those who wanted to earn SKYCHAIN tokens would already have enjoyed additional SKYCHAIN tokens by participating in the pre-sale of the ICO.

Buy SKYCHAIN Tokens With E-Wallets

The platform supports ethereum as its base currency and is based on ERC20 tokens. People who wish to buy SKYCHAIN tokens need to use their e-wallets for the said purposes. Investors need to send ethereum to buy SKYCHAIN tokens from the platform. However, investors can also buy SKYCHAIN tokens from supported exchanges all across the world in exchange for other cryptos.

The ICO Distribution

The ICO token sale is currently in progress. It started off on February 26th, 2018. It is expected to last for about five weeks. The expected end date of the ICO is scheduled for April 8th, 2018. There will be a total token supply of 12,000,000 SKCH. The ICO plans to raise a minimum of 12,000,000 SKCH tokens. The minimum capping of the ICO is set as 400 000 SKCH whereas the hard capping of the ICO is defined as 14,400,000 SKCH. The starting price of the ICO is expected to be $1.25.

Token Distribution

The ICO plans to distribute its tokens under the following proportion;

  • 80% tokens are planned to be distributed to the public during pre-sale and crowd sale of the ICO
  • 10% tokens are planned to be distributed to the team members of the ICO
  • 5% tokens are planned to be distributed as Bunty and Referral programs offer rewards
  • 5% tokens are planned to be distributed to the Advisory team of the ICO

Funds Allocation

The ICO plans to allocate its funds accumulated following the ICO as mentioned below;

  • 25% funds are planned to be allocated for the development of the technology
  • 15% funds are planned to be allocated for the Regulatory and Legal Requirements
  • 15% funds are planned to be allocated for the development of the business
  • 25% funds are planned to be allocated for the development of the ecosystem
  • 20% funds are planned to be allocated for marketing purpose by the ICO

Bonus Offers

The ICO offered a bonus of up to 30% to early contributors of its pre-sale phase. However, we couldn’t find this opportunity for the contributors of its main sale. The ICO may announce some bonus offers for its main crowd sale contributors in few days.

Team Members

The ICO has following team Members

  1. Gennady Popov is the Founder and CEO of the Company
  2. Ivan Svistunov is the Head technology officer at SKYCHAIN
  3. Egor Chertov is the Community Manager at SKYCHAIN
  4. Dmitry Musinov is the Full-stack Developer at SKYCHAIN
  5. Alexey Vushkovis also another Full-stack Developer
  6. Sergey Shumskiy is the advisor to the Company
  7. Andrey Reznik is also another advisor to the Company
  8. Vladimir Nikitin is yet another advisor to the Company
  9. Mofassair Hossain is also a part of the team serving as advisors to the Company
  10. Douglas Lyons also serves as an advisor to the Company
  11. Elena Kondrakhina advisor and blockchain expert at SKYCHAIN
  12. Anton Klechenov is also another advisor to the Company
  13. Konstantin Sablin is yet another advisor to the Company

Invest In SKYCHAIN

After a careful review of the ICO, we hereby conclude that SKYCHAIN is going to be the market leader in the healthcare industry. The platform introduces the concept of blockchain based artificial intelligence for medical procedures. The objective of the ICO is unique and holds solid grounds to be concluded as practical. The ICO has devised a well-planned strategy to raise funds and is working its way well to become a successful venture. Everything has been presented by the ICO quite transparently. We, therefore, express our extreme confidence in the ICO and suggest people should try it for once and invest in SKYCHAIN open heartedly.

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