Today we will be discussing Medicohealth – an ICO that looks like it’s under an attack meant to damage its image. The project gained 32K fake followers in 24 hours. Medicohealth knew the issue and was happy to report that someone from the community might be buying fake followers on them to damage their social media image.
Also, we see that other ICOs like Kepler Technologies, Artis, and Datablockchain experienced a spike in their follower numbers.
Let’s take a look at Medicohealth
Medicohealth claims to be a blockchain project which will solve a problem of a fragmented healthcare system. The data about patients is stored anonymously and only physicians can access it for a limited amount of time. Payments are tokenized.
There’s some information that is not yet available to the public but looks like they are working on it.
- Medicohealth should start their Presale on June 1st, right now they have a “Private Presale”.
- People who are interested in the private sale can get all necessary information directly from Medicohealth.
- Medicohealth has a prototype and the MVP is in development thanks to an angel investment. The prototype can be found here:
- Medicohealth hasn’t released their whitepaper yet. Right now they have a lightpaper and a one-pager to explain what they are trying to achieve. The whitepaper should come out right before the presale.
They have received an angel investment, but it’s not public. They have stated that such information will be available in the whitepaper. - We found 2 Advisors who are Experts on ICO Bench (Ivo Grlica, Simon Cocking).
This is where things get interesting.
Medicohealth always had our attention – massive spikes and drops on their twitter account weren’t of a natural occurrence, in fact, the last one got us diving deeper into the search for what causes it.
On May 20th they had 29,965 followers on Twitter, on May 21st that number reached an all-time high of 62,890, this comes to a total amount of 32,925 new followers in 24 hours on Twitter.
What about Telegram?
Nothing much can be said, they have only gained 5 followers in 24 hours.
Let’s dive deeper into their Twitter account, shall we?
It didn’t take us a long time to spot that something wasn’t right with Medicohealth Twitter. First of all, that huge spike in followers ONLY on one channel, and their followers… They don’t have any tweets, profile pictures, descriptions, and they have a really similar amount of followers.
Take a look:
Medicohealth says that someone might be trying to make them look bad before the presale. Sadly, there’s no additional information or claims to this issues. We just know that someone might be buying followers for Medicohealth Twitter account to damage their image.
It appears so that the fake followers are coming from cheap follower sellers, like http://buycheapfollowerslikes.org/ And they are really cheap. The prices are not that one couldn’t afford to infest their Twitter account with fake followers.
They have a Bounty campaign but it’s not shared much. Could this be someone from the bounty campaign? Probably, but we can’t make any claims about it without being 100% sure.
Now, let’s take a look at their traffic:
The last snapshot was taken on April 1st with 2,247,882 followers per month. If we tried to count a 1% conversion rate to followers (pretty much a rule of thumb) it would still not match the number of followers they have now.
Also, they have started their website in March (we assume), and they have already managed to get 2 million visitors to their website. The major traffic generator for them is ICO Bench.
Most of their traffic comes from listing platforms, word-of-mouth on social media and organic search.
All in all, the massive spike in followers isn’t supported by an Airdrop or a Bounty campaign. We were told that Medicohealth knew the issue of fake followers, but since they are relatively young and don’t have much media attention, they thought that it shouldn’t be a huge problem. Apparently, some people are trying to bring Medicohealth down by filling its Twitter account with insane amounts of fake followers.
The Verdict:
Medicohealth is an ambitious project that is trying to tackle the problem of fragmented health care. Looks like they are suffering from an outside attack and someone is trying to depict a bad image of them by bombarding their Twitter channel with fake followers.
Medicohealth team was helpful and happy to respond to any questions or claims by providing further evidence and information.
We have to wait for their whitepaper for a more thorough review. Right now we can only wait and expect that fake followers won’t influence the course of their project in a bad way.
If you are an investor looking for a healthcare blockchain system, take a look at Medicohealth.
Medicohealt Project Page: http://tokenlion.net/icos/info/217/medicohealth
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