ICO FAQs - Questions to ask before investing in Medipedia ICO

Medipedia ICO (pre-sale) is scheduled to start in August 2018. Before you start investing or even consider to invest in the Medipedia ICO, here are a few things you should know about the Medipedia platform, project, token and the ICO. This blog also tries to provide answers to the common and frequently asked questions about the Medipedia ICO.

Medipedia ICO FAQs

Q. What kind of problems does Medipedia project fix?

A. The project will provide a solution to the transparency and incorrect/incomplete information problem that exist in the current medical tourism service market. It aims to replace the current institution-oriented medical sector with a consumer-oriented system where the benefit of the medical consumer will be the preference.

Q. How is the ICO funding utilized?

A. Most of the funds received from the Medipedia ICO will be used for the development of the platform and partnership. A part of the funds will be invested in research and business development.

Q. Is the Medipedia token safe?

A. The Medipedia token (MEP) is created on the Ethereum standard (ERC20) and is as secure as Bitcoin and Ether. More security features like 2FA will be added once the platform is launched.

Q. Where do I find information about Medipedia team and background?

A. You can find details about the Medipedia team and their professional backgrounds in the project whitepaper. For now, there are total 20 members, with experiences ranging in medical, technology, blockchain, startup and marketing industries, working on the project.

Q. What is the speciality of Medipedia?

A. Medipedia is a truly transparent and decentralized platform, built using the blockchain technology, for efficient medical service and information. The new ecosystem is created to fill the information gap between the medical institutions and patients.

Q. Can I transfer MEP tokens to my Ethereum wallet?

A. Yes, you can transfer the Medipedia tokens to your ETH wallet or any other wallet that conforms to the ERC20 standard.

Q. Can I use the MEP tokens for payments of your service (on Medipedia platform)?

A. Yes, you can start using the tokens soon after the ICO ends.

Q. Where can I check the progress of Medipedia’s ICO?

A. The ICO progress and updates will be regularly shared on the social media pages (Facebook/Twitter) of Medipedia.

Q. What if Medipedia ICO gets more funds than needed?

A. There will be no such problem as the ICO is under Hard cap. It will be stopped once the hard cap (target crowdsale funding) limit is reached.

Q. What kind of value can I expect by buying the token?

A. The MEP token will be the sole mode of payment for services/fee within the Medipedia platform. In addition, it could be transferred to other users and used outside the platform as well.

Q. Tell me about the Escrow

A. The profits made by selling of tokens will be treated as the regular profit, which will be used on the expansion of the platform and the business. The expiration applies to the tokens which are paid to the employees as well, and they will be paid by the account of the company, according to a specific plan.

Q. Can I buy a large number of tokens (more than the allowed limit) during the ICO?

A. If you are interested in buying tokens worth more than 25,000USD during the Pre-sale or 250,000USD during the regular sale, kindly contact us at [email protected], and we will be glad to assist you.

Q. How do I identify the official accounts (or filter out the fake accounts) of Medipedia?

A. We recommend you to only follow the official Facebook, Twitter and other accounts of Medipedia, as given on the company website. Kindly report the fake accounts immediately by sending us an email.

Q. What is the minimum funding amount (soft cap) for Medipedia ICO?

A. The soft cap of Medipedia ICO (and pre-sale) is 1,000,000USD.

Q. What is the maximum funding amount (hard cap)?

A. The hard cap of Medipedia is 1,000,0000USD.