Medicalchain Archives - 2100NEWS

Luka GlogoskiMarch 7, 2018

5min576

A large number of high profile, oversubscribed and sold-out-in-minutes ICOs have listed on exchanges recently, so we took a look at how they are performing so far.


 

Price performance so far has been in line with the current market sentiment, i.e. poor. Even though InsurePal sold out in just 2 minutes, as did Medicalchain and CargoX, with GAS prices that went through the roof just to get your transaction through, the tokens have mostly disappointed once they entered the open markets.

A few of them offered very short time periods were moderate profits could have been taken, but now most of them are under their initial listing price. Let’s have a closer look.

Medicalchain price chart
Medicalchain price chart (Courtesy of CoinMarketCap.com)
Bee Token Price Chart
Bee Token Price Chart (Courtesy of CoinMarketCap.com)
Cargo X Price Chart
Cargo X Price Chart (Courtesy of CoinMarketCap.com)
InsurePal Price Chart
InsurePal Price Chart (Courtesy of CoinMarketCap.com)
Origin Trail Price Chart
OriginTrail Price Chart (Courtesy of CoinMarketCap.com)
SportyCo Price Chart
SportyCo Price Chart (Courtesy of CoinMarketCap.com)
carVertical Price Chart
carVertical Price Chart (Courtesy of CoinMarketCap.com)

Price analysis

A quick look over the charts pretty much says everything you need to know, but let’s have a closer look at the numbers, to get a better idea of how these ICOs have performed so far.

ICO Price Performance Analysis

2100NEWS Recent ICO Price Analysis Graph (Price Multipliers Relative to Initial Listing Price)
2100NEWS Recent ICO Price Analysis Graph (Price Multipliers Relative to Initial Listing Price)
2100NEWS Recent ICO Price Analysis Graph (Price Multipliers Relative to ICO Price)
2100NEWS Recent ICO Price Analysis Graph (Price Multipliers Relative to ICO Price)

Conclusion

While all ICOs listed on exchanges above their ICO price, the window for profit taking was short in most cases or the multiples achieved have been disappointing so far. OriginTrail and SportyCo have performed the best out of the group, but only OriginTrail is currently still above its exchange listing price.

To be fair not all tokens have been on the market the same amount of time or have been listed on major exchanges (just look at some of the very low 24-hour volumes), however it still paints a fairly worrying picture for any future ICO investors.

The days of 10x, 100x and even 1000x profits look like a distant memory at the moment. It’s probably safe to say that the ICO space is entering a more mature phase, where market players are no longer FOMO-ing in. The crazy, manic, wild west token price action days, at least for now, appear to be over.


Anej KorsicFebruary 1, 2018

4min411

Medicalchain ICO Whitelist was full in 2 minutes

  • Today, 2.1.2018,  at 10:00 UTC time, MedicalChain lanched their ICO.
  • In the first two minutes,  they received 45,000 KYC registrations
  • Only around 2000 approved KYC registrations are going to be accepted 
  • They are processing around 250 KYC registrations per hour
  • 5 hours into KYC process and about half way there
  • Total KYC registrations: 135,000

 


Stay tuned: Interview with Medicalchain CEO and Co-founder Dr. Abdullah Albeyatti coming soon


 

One of the most highly anticipated ICOs for February has concluded.  Medicalchain closed KYC registrations for ICO just before 13h UTC, after it started at 10:00 UTC. In that time they gathered a total of 135,000 KYC registrations, 45,000 of which just in the first 2 minutes. At this time it is unknown how many will be accepted, but Dr. Abdullah Albeyatti told us via Skype interview just a few minutes ago, that they expect to only need around 2000 applicants to complete the ICO.

ICO process

To join the whitelist for ICO users had to first complete a registration form on their Token sale portal. Format was FCFS KYC – Whitelist – FCFS ICO.

FCFS stands for First Come First See. Therefore the fastest users who completed Know Your Customer form (hint: use autocomplete) were able to enter the ICO process first. Because of the limited registration, there was also an upper limit on the investment of 4,6685 ETH.

 


About Medicalchain

Medicalchain provides its patients full access and control over their data, they will have the capability to provide differing levels of access to various users, by assigning a set of access permissions and designating who can query and write data to their blockchain. The patient, being the owner of their own medical records, will be able to fully control who accesses their data and which information they access. The patient would have the ability to grant access to their EHR to other users and revoke access by setting up a time-limited gateway, thereby improving data security.

Medicalchain provides solutions to today’s health record problems. The platform is built to securely store and share electronic health records. By digitizing health records and empowering users they can leverage countless industry synergies.

 


Social Media
Telegram: https://t.me/medicalchain
Twitter: https://twitter.com/medical_chain

 

References
(1) Medicalchain Website, Medicalchain, (2017)
https://medicalchain.com/en/

(2) Medicalchain Whitepaper, Medicalchain, (2017)
https://medicalchain.com/en/whitepaper/


 



About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


CONTACT US

CALL US ANYTIME



Latest posts



Newsletter


  • ethereumEthereum (ETH) $ 391.79 6.37%
  • rippleXRP (XRP) $ 0.250868 3.04%
  • litecoinLitecoin (LTC) $ 53.13 13.29%