Details Overview

Total token supply: 500 million
Hard cap (including pre-sale stage): $34,500,000
Soft cap: $4,100,000
Initial price: 1 MedAI Token = $0.10
Type: ERC-20
Currencies accepted: USD, SGD, ETH, BTC
Minimum ETH purchase: None
Minimum wire purchase: $1000 USD
Pre-sale dates: May 1-31
Pre-sale Tokens: 50M Tokens
Pre-sale discount: 20%
Whitelist: yes, start date TBA
KYC: basic
** To be whitelisted for the Token PreSale please email us at whitelist@medai.network with your requested investment amount **
TOKEN DISTRIBUTION

Lock-up Period

Partners and Advisors - 10% of tokens will have a 1 year vesting and 3 months cliff
Team and Founders - 3 years vesting with 6 months cliff

Tiers


MedAI Tokens
USD Price
Total Tier 1 (June 1-30)
80,000,000
0.10
8,000,000

Tier 2 (July 1-30)
60,000,000
0.15
9,000,000

Tier 3 (Aug 1-30)
30,000,000
0.20
6,000,000

Tier 4 (Sep 1-30)
30,000,000
0.25
7,500,000

Total
200,000,000

30,500,000

Unsold Tokens

75% locked for 1 year
25% locked for 2 years



Funds Raised
The intent of MedAI is to raise the minimum needed funds to launch the network and platform (5.6M or soft cap). We are committed to being impeccable stewards of capital raised and to ensure that the funds are used optimally and efficiently with no waste. Each dollar raised has been earmarked for a particular need. This fundraise provides the absolute minimum required to get to our 1 year milestones and continue to develop out the platform. The remainder of the funds between the soft cap and the hard cap allows the company to scale larger faster as well as more efficiently. It allows us to deploy and develop more AI algorithms at a faster pace and provide them out to the network. It provides a longer runway and ability to fund the company over time without needing to distract the core team from more fundraising in the current pipeline and roadmap. We have outlined a detailed use of funds below.

USE OF FUNDS
Initial Total Budget: $4.1MM


Development (Platform development and deployment)
25.0%
Operations (QA/QI)
7.5%
Infrastructure (Cloud services, ISO certification, infrastructure and equipment)
5.0%
Marketing & sales (Marketing, Advertising and Promotion)
10.0%
Artificial Intelligence (Algorithm Development)
22.5%
Partner integrations (Platform deployment and app sales)
10%
Legal (Compliance and Regulation)
5%
Human resources (Growth of Machine Learning teams)
15.0%