The following is a sponsored write-up for the AENCO project.
Medical innovation and progress in health technology relies heavily on a dependable pairing between solid scientific research and steady funding. It is the funding side of the equation that is all too often left wanting. Consistency and quantity of funding streams, particularly for emerging health technology companies are lacking. Similarly, the ecosystem of researchers and thought leaders in the medical research field could be drastically improved to allow for clear, concise communication and the free-flowing interchange of data. These are problems that need addressing, and problems that have real-world implications for everyday folk. The better quality medical research being funded and made available translates into better quality healthcare options.
AENCO is an upcoming ICO that promises to be "the world’s first Blockchain based healthcare, technology and financial solutions platform." It seeks to "catalyse healthcare technologies with institutional financing, prime brokerage, and smart capital solutions under one umbrella." It aims to do this via three distinct sectors of what it calls its 'AENCO Ecosystem'.
The three sectors are:
- 'AENCO Smartcap solutions' — which will serve as a digital banking/financing solution for medical researchers.
- 'AENCO Prime Solutions' — which will serve as a decentralised prime brokerage and lending platform.
- 'AENCO IB Solutions' — which will serve as the ICO and token gateway, facilitator of trade, vetting standards for stakeholders and ongoing research and data analytics.
AENCO believes that once it has established the AENCO Ecosystem, it will be able to attract key stakeholders such as independent researchers and medical funding bodies to their "one-stop shop" for all their finding and collaborative needs. All of which will be facilitated by their own crypto token.
AENCO's token ticker is AEN and represents an ERC223 token. At CRYPTO 101, we believe that the way blockchain projects describe their own blockchain assets are incredibly important, so here is the way AENCO describes the AEN token:
"The premise of the digital token AEN is to be the “exclusive membership” and utility-based token designed to fuel the activities of the Aenco ecosystem, applications, and its HealthTech network. It will be the currency in which community participants use to carry out ongoing transactions taking place on the platform and on new projects which are promoted and listed there."
At the ICO sale, 1 AEN token has been priced in at 10c US. 600, 000, 000 tokens will be up for sale during the ICO which is only 15% of a total max supply of 400, 000, 000, 000 tokens. 50% of all tokens are being reserved for mining rewards, 21% are being retained by the team and 14% are being kept for various bonuses and incentive programs.
AENCO's ICO sale is layered over various stages. With a soft cap of $15 000 000 USD and a target of $60, 000, 000 The private sale is currently live but with a minimum spend of $20 000 USD, I would be surprised if readers of this blog were now suddenly interested in jumping in. However, their PRE-ICO sale is starting shortly, with various bonuses depending on initial spend. Then the official ICO sale will be announced in Q3 of this year and include percentage rewards depending on how early investors jump in. AENCO are accepting both ETH and BTC as purchasing platforms for every stage of the sale.
You can learn more about AENCO here.