BlockchainHealthcareICO

MintHealth Launching Tokenized Equity Offering, Appoints New CTO

MintHealth Logo (PRNewsfoto/MintHealth)

Global decentralized health platform, MintHealth™ has announced the launch of its tokenized equity offering. The company intends to raise up to $24 million pursuant to Regulation D of the U.S. Securities Act of 1933. The decentralized health platform-as-a-service aligns health plans, provider groups, and wellness brands around patient engagement, improved clinical outcomes, and lower healthcare costs. The platform will enable the patient to manage their own self-sovereign health identity and record, secured via blockchain, and engages the ecosystem to drive healthy patient behaviour through the Vidamint™ token.

The Company’s Regulation D, Rule 506(c) offering is open to accredited domestic and international (under Regulation S) investors. MintHealth recently announced it will release both a security and utility token (see 3/15 MintHealth Updates Toward Security Token Structure release). MintHealth will offer investors a security token (MHST) in this Regulation D offering under the United States Securities Act of 1933. Vidamints™ (VIDA) are loyalty/utility rewards that are sold at a fixed price directly by MintHealth. Operating as the rewards and incentive system on the MintHealth platform, VIDA will be used to engage patients with daily, highly personalized activities that improve health and lower insurance costs. The MHST token is expected to entitle holders to a 10% royalty percentage of revenues generated through the sale of Vidamints by MintHealth, subject to certain adjustments and offsets, and also to equity ownership in MintHealth.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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