MADRID, SPAIN – October 27, 2017 – Coming out of stealth mode, Hearthy Co. (“Hearthy”) recently announced the launch of a new decentralized, open and sustainable ecosystem to improve health care access to everyone. This system will be accessible regardless of income, therefore making health care efficient and user-centered agnostic to jurisdiction.
Envisioned and built by bright minds of some of the most prestigious European Universities (with backgrounds from King’s College, Stanford, Paris Descartes, and Madrid Complutense University) Hearthy is one of the most promising blockchain startup on the tech sphere.
“We are creating a decentralized ecosystem. By doing so, medical professionals, patients and developers can find a common ground that will allow them to improve healthcare access where it is most needed” commented Javier B. Thomas, founder and chief executive officer of Hearhy.
Hearthy Co is in advanced talks with some of the top insurance, medical and pharmaceutical companies worldwide, in order to launch pilots during 2018. Working in the ecosystem but with the security of the decentralization, Hearthy can understand the incentives of the different stakeholders in order to produce a sustainable product but without compromising the mission of bringing high quality care all over the world.
The Hearthy ecosystem consists of a protocol that supports a blockchain-based HRP (Health Records Platform), a value-sharing digital currency, and a suite of open-source applications that facilitate adoption and increase network effects.
Details about Hearthy platform:
1. Working with medical companies, Hearthy’s technology is designed to use a decentralized, edge-learning network to develop apps and dapps.
2. Hearthy is an open source Project, open to any organization, developer or patient in the world.
3. Hearthy is developing a series of demo apps to show the potential of the ecosystem. The first two apps are a chatbot to create medical appointments, and the doctor-patient communication app to let patients chat with a healthcare provider.
4. Hearthy is devoted to have impact where it is needed the most, that is why the first pilots will be done on Mexico and Philippines. Their focus is on the newly industrialized countries, where healthcare costs are raising fast.
5. The economy the Project aims to generate is an outcome-oriented one, where organizations with better health outcomes will have better economical results.
Hearthy Digital Token Sale Details
To power its platform and incentivize the community, Hearthy will be creating digital tokens, named HERs (“HER”), based on the ERC-20 standard.
Hearthy will sell and issue Simple Agreements for Future Tokens (“SAFTs”), which will convert into HERs upon the launch of the platform. SAFTs will initially be available through a pre-sale process that is expected to start on October 15, 2017. The crowdsale process is expected to start on December 2017.
The total number of HER to be created will be 109.923.077 HER. Approximately 8% of the total number of HERs is expected to be sold in the Pre-sale offering. Hearthy plans to use the funds raised from the sale of Pre-sale to further develop its platform and technology.
Forward Looking Statements
Certain information set forth in this press release contains “forward-looking information” under applicable securities laws. Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, (i) the projected performance of HearthyCo; (ii) the completion of, and the use of proceeds from, the sale on the Presale; (iii) the expected development of Hearthy’s business, projects, and joint ventures; (iv) the execution of the Company’s vision and growth strategy, including with respect to future global growth; (v) the sources and availability of third- party financing for Hearthy’s projects; (vi) the completion of Hearthy’s projects that are currently underway, in development or otherwise under consideration; (vii) Hearthy’s ability to launch a functional platform, which includes the related creation and issuance of HERs; (viii) renewal of the Company’s current customer, supplier, and other material agreements; and (ix) the future liquidity, working capital, and capital requirements.
Forward-looking statements are provided to allow potential purchasers of SAFTs the opportunity to understand management’s beliefs and opinions in respect of the future. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Hearthy’s undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
This press release is for informational purposes only and does not constitute an offer or solicitation to sell securities. Accordingly this press release does not constitute investment advice or counsel or solicitation for investment in any security. This press release does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. Hearthy expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this press release, (ii) any error, omission or inaccuracy in any such information, and (iii) any action resulting therefrom.
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