Disclaimer : Please note that we are not associated with the ICO nor are paid for preparing this review. This is our personal opinion and contributors are advised to do their due diligence before contributing to the ICO.

HI:Health is global medical ecosystem based on artificial language for complex personalized diagnostics of the human organism in real time. It presents a personal ecosystem for diagnosing a human body in real time and identifying the cause of disease. And most importantly, it is a global ecosystem analyst based on artificial intelligence.

We have analyzed the ICO based on the below parameters:

1.Necessity or problem statement (12%)

2.White paper (9%)

3.Product Status (10%)

4.Team (10%)

5.ICO Pricing (7%)

6.Business Model/Revenue Source (15%)

7.Token Value Increment Options (15%)

8.Social Media Presence/Hype (10%)

9.Competitors (12%)

Below is the score we have given for each parameter and overall rating of the ICO.

Please continue reading for detailed analysis. 

1. Necessity or Problem Statement (12%)

The following are the problems with the existing system. 

• The doctors are specialized in certain organs or organism’s system and often can’t see the overall picture
• Lack of experience and doctors’ problems in knowledge often lead to situation, when rare diseases can be not identified
• Lack of time that a doctor has for analysing medical history, the reason for which is doctor’s high workload and also because of documentation, which takes significant amount of time
• The complexity in the definition of the disease according to X-ray, CT, MRI studies, histological examination during nonstandard kind of disease, and also high dependence on subjective experience by an expert.

HI:Health as a platform solves all the above problems regarding personal data in medicine by using Artificial Intelligence on the blockchain, including but not limited to diagnosis of human body for diseases - by acquiring, compiling and processing of personal medical data. The platform also uses smart contracts to automates the work and remove the costs for the ecosystem functioning.

This platform gets a 9 on 10 in terms of their choice of the problem statement and their novel attempt to use block chain to address the aforesaid challenges.

2. White paper (9%)

You can go through their whitepaper in the ‘Details’ tab.

The whitepaper is fairly exhaustive with detailed information about the project. The content of the whitepaper is designed as a series of powerpoint slides, which we feel was not adding to the aesthetics of the whitepaper’s overall outlook. There is a detailed information provided in the whitepaper about the Practical Implementation, which we liked. Otherwise, there is no detailing of the technical architecture that is available in the whitepaper. The website also lacked language consistency in few places. There are a few Russian words in the website (English website) – For e.g., in the token sale bar; the collected funds and hard cap are both in Russian.

We give them 7 out of 10 on this aspect.

3. Product Status (10%)

Based on their roadmap, HI:Health has planned to release their v1.0 of app by August 2018, which we would see how it will be in time. Basis the information given in their website and the whitepaper, they are having a gadget designed for wrist and also a mobile app, connected via the internet and blockchain. However, given the available information, we are not able to understand whether the device and the app are already ready. We are not sure if there is an MVP yet.

Also the absence of GitHub repository for such a project is a let-down. We give them 7 out of 10 here.

4. Team (10%)

We could see a few familiar faces in the form of Konstantine P, Eugene Koval, Michael Zhalevish, Pavel Yeschenko and Vladislav Vasilchyk – all of whom have worked in VinChain ICO project. This means 5 among the 12 team members of HI:Health are members of a previous successful ICO, which we interpret that the team has worked together and has delivered in the past. The LinkedIn profiles of the CEO, the CFO and the CTO are compelling as well. Moreover the team has a combination of doctors, AI experts and blockchain experts, which we feel is quite relevant to the ICO and is much needed. 

Overall, we give 8.5 on 10 for bringing on board relevant people with strong understanding of the challenges.

5. ICO Pricing (7%)

Their soft cap is at 5400 ETH and hard cap at 14000 ETH. HI:Health intends to issue 1,000,000,000 HIH tokens and the the team is selling 60% of their token in ICO and 10% of token in Pre-ICO. Assuming they reach their hard cap of 14000 ETH, they are at a valuation of $11.67 Million. We feel that for a project of such scale, the valuation is very very attractive. We have seen similar project raising much more unwanted money as compared to HiHealth.

Considering this and the pricing, we give them 9 out of 10 in this aspect.

6. Business Model/Revenue Source (15%)

All users who are already in HI:Health ecosystem undertake to take HIH token during the payment for any of the health services rendered by physicians, during purchasing medical equipment (gadgets), when a patient resources. Apart from offering health monitoring tools, HI:Health provides medical professionals a chance to get research data as well as proactive diagnostic data that would help in the accurate treatment of patients. Also, the research community would get access to health data from users. The insurance company would be able to design profitable plans as many disease patterns are detected and prevented. Therefore there are several benefits for the health industry from this platform. 

We give them 8 out of 10 for this aspect.

7. Token Value Increment Options (15%)

HIH token is a Ethereum-token, which can be accepted as a means of payment during paying for medical services, medical equipment (gadgets) that is connected to the HI:Health ecosystem. Users can make money on their personal health. This model, therefore, we feel would be a profitable one for the investors and so the value of the token is bound to increase. 

The growth of the HIH token is dependent on the supply of the tokens as well, as no tokens beyond 1,000,000,000 HIH tokens shall be further created in the future. As the utility of the token increases, the demand is expected to grow with it. Based on the law of demand and supply, the value of the token is expected to rise with the increase in demand.

One concern pertaining to the token value increment is that the early investors, who would had bought their tokens at half the price of ICO, might pose a risk of the tokens being sold as soon as it gets listed. 

We give them a rating of 8 out of 10 in this aspect.

8. Social Media Presence/Hype (10%)

HI:Health has developed a visually pleasing website with all the required information available as well. Among the social media platforms, they seem to have focused their marketing evangelizing efforts majorly in like Telegram and Twitter, where they are gathering the intended mind-share among ICO enthusiasts. Especially in Telegram they have very dense population and the traction has been too good. We feel they could possibly have paid the same level of attention in the other prominent social media handles like Facebook as well. HI:Health’s existing social media footfall is as below.

• Facebook – 1300+ followers
• Instagram – 2100+ followers
• Twitter – 4000 followers
• Telegram – 30000+ followers

We are quite impressed with the way they have been managing their Telegram group with all the hype they offer and we give them 8 out of 10 in this aspect. 

9. Competitors (12%)

Currently, the possible competition for HI:Health could come from the likes of AtlantICO, MedChain, NWP solution among others, but none of them involve the combination of blockchain and AI as HI:Health does. Moreover, all of them are expensive in terms of their offering, as against low cost and low risk attached to HI:Health. We give them 8 out of 10 in this aspect.

Based on our analysis, we give an overall score of 78.8 out of 100 to HI:Health, which is Excellent.

To sum it up, HI:Health ecosystem provides a next generation of unlocking the potential in health data. Deploying blockchain in the healthcare sector could possibly offer a plethora of benefits to the industry. However, a significant challenge comes in the fact that healthcare data remains a controversial oriented matter and much of it works under governments. Despite this, HI:Health comes with a great concept and we can safely conclude this is one of the ICOs to watch out for. 

We give it “Excellent” rating and a medium to long term investment option.