Medping’s First Distribution Phase Completed; IEO to hold on Latoken
Published
6 months agoon
MedPing has completed it’s IDO and is expected to hold it’s IEO on the Latoken cryptocurrency exchange.
Medping is the first-ever decentralized healthcare ecosystem leveraging blockchain technology to solve real-life problems facing the healthcare systems in developing countries and the world at large.
MedPing’s mission is to build a solid foundation to connect the entire global health sector, ensuring that the disconnect between healthcare providers and healthcare seekers are eradicated.
MedPing will ensure standard healthcare delivery to patients, foster the emergence of cost-effective, patient-centered, and accessible care plans, create cost-effective medical practice by allowing peer-to-peer transactions, and empower care recipients regarding cost control.
Read also:
Medping, the African Startup revitalizing the global healthcare system through blockchain technology.
Medping has been designed to lay the foundation of a self-modifying decentralized healthcare system.
As part of medping innovation to build a decentralized community, it is important that it also holds the native token $MPG .
This token will empower the ecosystem by enabling transactions, powering health data, storage, and health care value exchange.
This innovation is also being used for governance, enabling holders of $MPG to initiate and vote for proposals on the medping ecosystem.
The distribution of $MPG tokens to the community is in phases so as to reward early supporters and followers of this project and also ensure it has a healthy long-term plan for medping.
The MedPing first phase of distribution has been completed through Initial Dex Offering (IDO) . It’s soft and hard cap was crushed in less than 4hours of its launch and over $380,000 was raised in just 1hour.
Medping offered 13.75% (27.5M) of its total supply for sale at $0.025 per Token via its decentralized application (dApp) dapp.medping.io.
As the IDO ended in a very short time, different concerns and questions about when the second phase of the distribution will happen began to rise from the community, especially from those who missed the IDO.
The IEO is scheduled to hold on Latoken at the price of $0.075 per MPG token. A total of 13.8 million tokens will offered for sale.
What do you think of this article? Share your comments below.
You may like
Latest Episode on Inside Blockchain
Crypto News Update
Crypto Street
Trending
Crypto Bootcamp Community Celebrates Bitcoin Pizza Day Across Africa
The advent of Bitcoin has paved the way for seamless cross-border payments. The demand for third-party intervention in financial transactions...
Explore, Build Assets, Fight and Earn in the Supernova Space
A new economy was opened in 2017 when blockchain was integrated into gaming to produce the first Web3 game: CryptoKitties....
Owl.Games: The Rise of Crypto Games in the Casino Industry
Crypto gaming used to be new a few years ago but it’s going mainstream now. However, there are some sectors...
BCAT Africa: Reducing Unemployment in Africa
One of the greatest lines spoken in the Spiderverse is “with great power comes great responsibility”, although it can be...
Gamified NFT Platform Trove Announces Launch Partners SideQuest
Trove has announced its new Launch Partnership with SideQuest, a gamified risk-to-earn NFT collection. It was announced on Twitter today. ...
[…] post Medping’s First Distribution Phase Completed; IEO to hold on Latoken appeared first on CryptoTvplus: DeFi, NFT, Bitcoin, Ethereum Altcoin, Cryptocurrency & […]
[…] Medping’s First Distribution Phase Completed; IEO to hold on Latoken […]