ICO Journey: NanoHealth, from idea to execution
By: Ishan Garg
Tags: Blockchain, Stories, ICO, Healthcare, Cryptocurrency

These days with so many new Tokens and Coins in the market it seldom that you find projects which use the full potential of Blockchain and Tokenization. This is ICO raising journey, of one such unique project, NanoHealth, which aims to democratise global health and wellness.

To show how much effort goes into raising a proper ICO, and setting a benchmark of data points for ICO investors, I will be documenting the entire journey of raising an ICO. At same time I will also be telling you on how NanoHealth which is an established business, is restructuring itself to make full use of the Blockchain technology. For all the ICO enthusiasts , this series will be covering how projects are formed, how an ICO is publicized, what it takes to have successful pre-sale and finally how the crowd sale happens. So without much ado, let us start the journey.

My first interaction with NanoHealth happened when I met Siddu at a cryptocurrency meetup, where he was presenting NanoHealth to a few potential investors. Siddu looks after product at NanoHealth and also a core member of the ICO team. A few things from his presentation caught my eye -

NanoHealth was an established company which had touched the lives of 70,000 users. NanoHealth was Improving life of patients suffering from chronic Non communicable diseases through a combination of human touch points and technology. They had proven objective success in improvement in Diabetes, Cholesterol, Obesity, Hypertension and Thyroid.

Curious to learn more about the project, I had a chat with Siddu after his presentation to learn more about NanoHealth. I learnt that NanoHealth was the winner of 2014 HULT prize (the first Indian team to win the HULT Prize) and was awarded $1 Million grant by Mr. Bill Clinton himself.

I also learnt as to what NanoHealth is trying to achieve. Using the data points collected by their network of Health Coaches, NanoHealth has started building AI based recommendation to better take care of the patients. They have already made algorithms for Diabetes, Hypertension and cholesterol. But what really caught my attention was NanoHealth’s innovative way of using the Blockchain technology to their advantage.

NanoHealth is using Blockchain to store data, ensure data integrity and keeping the data private, so that the data is owned by the users. NanoHealth is using Blockchain to create a mechanism for easy data sharing which allows like insurance companies get data easily and process claims faster As a user goes to different healthcare providers in his/her lifetime, all the data is easily stored and shareable without any friction NanoHealth is using Blockchain to create a data exchange of health data where private research institutes & Universities can buy anonymous data from users to further better their research. And lastly, using Tokenization and gamification NanoHealth is gamifying the tough task of making lifestyle changes & driving the users to follow a schedule. For eg: A user is given some reward if they are in a better shape than they were before.

As a PR guy I am constantly looking for good projects that deserve visibility. The future vision of NanoHealth combined with their existing achievements did excite me to take this project and work with their stellar team. Once in a while a project comes out with a big vision, stellar team and an outstanding past record.

Here’s a sneak preview as to what all will come:

NanoHealth at Global Philanthropy Forum — NanoHealth has been invited as a speaker at the prestigious Global Philanthropy Forum, In which we will cover as to how the event went and the impact NanoHealth at the Forum. NanoHealth at Consensus — NanoHealth will also be present at Consesnus, the biggest Blockchain event. Pre-Sale of NanoHealth — In this section, I will be covering how to raise a successful Pre-sale and what NanoHealth did to have a successful Pre-Sale. Crowd-Sale of NanoHealth — Here I cover how the Crowd sale went, what all challenges we faced and how to avoid them, and how you can raise a successful crowd sale. Future — What’s the future like for ICO? How’s NanoHealth doing?

Manish Ranjan, CEO of NanoHealth

As mentioned before, I will be reporting the entire journey of this ICO and it’s CEO Mr Manish Ranjan. Manish has been invited as a speaker on the Global Philanthropy Forum, a conference of world leaders where they discuss on how to make the world a better place. So stay tuned for more updates and I will see you in the next part of the series, “NanoHealth at the Global Philanthropy Forum”. For all those who are interested in NanoHealth and would like to know more about the project, please join the official NanoHealth’s OfficialTelegram Group.