AMA RECAP : CRYPTOSTALKERS x DIGIPHARM
💻DATE : 26th December, 2022
🕒 TIME : 4:00 PM UTC
🏠 VENUE : @thecryptostalkers
🔒 : Guest
👀 : Ahmed Abdulla
🏅 : CEO
Q1: Please introduce yourself and give an insight about what is Digipharm?
My name is Ahmed, Im the CEO of Digipharm, My background is as a health economist helping health organisations decide what high cost treatments they can afford to provide patients and citizens they are responsible for. In recent years we saw a big appetite from health organisations to become more sustainable financially while still providing good quality healthcare. This new payment model in healthcare is called value-based healthcare, where payments are based on how well the treatments work for patients but there werent any dedicated systems to implement this.
At Digipharm we realised blockchain and smart contracts is a perfect way to automate the processing and management of these agreements and built the first dedicated system to do this
One key aspect is the patient feedback that lets us know how well treatments are working for them, this has led to the birth of the DIGIHEALTH ecosystem which will also be a one stop health ecosystem powered by our token DGH. Here you can not just share feedback but actually recieve health services via the Digihealth ecosystem\
Q2. Can you let us know How Digipharm works? Also what’s the competitive advantages does Digipharm have over other projects?
So, Digipharm is our company name but recently we rebranded our tokens to Digihealth in anticipation of the Digihealth ecosystem launch. We were formerly on Terra but now moved to BSC. What makes us unique i think is the fact that by managing and working on these new payment models with reputable health organisations and companies, we are able to deploy our patient ecosystem from a position of credibility. We know our ecosystem is on its way to being adopted by large healthcare companies which is very exciting. We are also the only company that combines our enterprise activities with a patient/public ecosystem that everyone can benefit from, whether they know about crypto or not
We will be the first crypto project to literally give you global health coverage, screening services and the ability to shape how healthcare will work in the future
one interesting thing right now in this environment, is that healthcare doesnt typically experience a bear market like other industries, this means our growth is not hindered like other industries such as defi
Q3: To build more trust can you enlist your partners/advisors?
We are an approved supplier on the uk governments digital marketplace
We work with the NHS in the UK and top 10 pharma companies across 2 continents at the moment, soon to be 3 if things go as planned
we have projects in the pipeline with 4 governmental institutions, and obviously these projects require the ultimate rigour and governance which we have been successful in managing
In terms of our team we have a great combined experience in the health industry and personally i am on the advanced tech advisory board at the UN Centre for trade facilitation and E business
Q4.Can you please tell us about team ?
Our team has a combined experience of more then 140 years in the pharma and health industry. We have a strong network in the health and pharma industry that enables us to reach decision makers and get our platforms into some of the biggest health organisations globally. Our team is available to see on Linkedin
our CTO Mike was responsible for developing some of the most important features for the IT systems at the National Health Service (NHS) in the UK
Q5: What is planned for 2023? Can you drop roadmap of Digipharm?
We will be launching the Digihealth ecosystem in Q1, this will have services available for uses such as the health coverage, screening and epigenetic profiling which gives you health and diet advice based on how your genetics are changing over time.
We have some partnerships to announce with healthcare providers in the coming months.
We will also begin to build out the DGH ecosystem, to make sure that the DGH token is a key cog in the Digihealth wheel. This includes user rewards, token buy backs and burns. We have taken some inspiration from being on Terra and hope to make Digihealth as exciting as Luna once was!
Our B2B activities will also continue to scale up, we are working on growing our sales and commercialisation teams.
I also anticipate the listing of DGH on further exchanges, we are currently only on MEXC
Ibrar Rasheed, [12/26/2022 8:33 AM]
1-How will DIGIPHARM change the way that healthcare is provided around the world to be more patient-centered and economical?What is value-based pricing, exactly, and how does it apply to the global healthcare sector?
value based pricing is all about making healthcare work for the patient. Health organisations are starting to prioritise what they give to patients based on how well it works for patients, This means that there is now a massive incentive for manufacturers of drugs and devices to identify good performing patients (they can do this via special screening and testing). This is the biggest catalyst for personalised care in recent times.
Any reputable health organisation is moving to this model, this is why it is so important that patients are part of it from now, to help shape it and be included financially — this is where Digipharm can help
one more point, we also help providers give the most innovative and expensive therapies because when they use our system, when the patient does not respond well to the treatment, there is nothing to pay!
We are no longer at the stage of educating hospitals about value based healthcare, it is happening, whether anyone likes it or not! and we are here to capitalise on this transformation
2-There is something interesting in your project is, we can earn ! How we can earn by Digipharm?
What’s the process?
yes there are several ways
1 is the pledge program, similar to staking, where as a member you can pledge your tokens to the ecosystem and recieve rewards based on completing specific tasks, such as providing an overview of your current health state/’quality of life’ every month. These are valuable data points that make the data we collect valuable.
Users can hold their medical data on our ecosystem and share it anonymously to our community data set which we will monetise on behalf of the community. The community will have a 50% profit share with out company. This will have a shared ownership between contributors. I think people will be really suprised how much value these datasets can bring
You can also earn by completing health surveys from companies that are making new treatments/devices. You would recieve DGH directly as a reward
We will also have an exercise to earn feature where performing specific healthy activities will give you a financial reward
the exciting thing about this is that in addition to earning and keeping you all engaged, we have a really cool burn program that will be built into most features. Users can choose to burn their earnings!
For all services sold on our health marketplace such as the health covEr, screening, consultations etc, 50% OF PROFITS ARE REDIRECTED TO THE COMMUNITY.
This is via a token buyback
and then users can vote if these tokens are burnt orr sent to a community/marketing pool
So we have earning and burning, but also a market buyback mechanism
I think we have taken the best of different ecosystems and put it in one place
3-I was reading that $DGH Digipharm has racked a lot of awards since 2018? Also working on healthcare program which are attracting audience also what are the other ultimate goals of Digipharm ??
We Want our system to be the largest healthcare contracting platforms for performance based purchasing in healthcare. We als want the most engaged user group with the hottest data set that big organisations want a taste of. The way we will do this is by bringing you guys with us on this journey
Our B2B ambitions are lofty, but it also goes for our token too. We are in early discussion with organisations that have massive health savings accounts with huge financial value, we see a future here for DGH also
I think a decentralised health coverage pool is also not out of the question. but right now we need to focus on the core activities, and being successful with that will make a massive impact on crypto.
We want to be the household name in healthcare crypto. Noone has taken that spot yet!
4-What is your main strategy for ensuring the long-term success of your project in a volatile market? Which core value do you believe you can persuade us (as investors) to invest in your project?
We need to keep pushing with our projects with well known organisations. As i mentioned we dont see any slow down in healthcare activities, in fact we see a bigger need than ever before. once deployed our systems are infrastructural and will be there for a long time.
In terms of the investment side, The growth of DGH is a direct function of the value of healthcare in peoples lives. By providing a ecosystem where users will purchase and engage in healthcare activities then the token will also grow in value
I dont know of many other opportunities to help shape healthcare from the user side, with the addition of financial incentives, the ability to grow together should excite investors
5-As Digipharm is health care related project, how we can manage our Digihealth?
You will access health specialists around the world in seconds and few clicks/taps on your phone.
You will have a portal to keep all your health data including integration with wearables/trackers.
You will be able to buy global health cover at less than half the retail price with no out of pocket costs.
You will be able to buy partner health services cheaper than RRP whilst also contributing to a token buy back.
It is a win win for all. You as a patient, you as an investor, Digipharm as a company, and the health systems as whole by forcing continuous improvement
LIVE AMA QUESTIONS:
Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
Yes, Digihealth will eventually become a DAO. We have started to move in this direction with regards to sharing profits with the community (indirectly via token buy back)
they will be able to vote on things like features, reward strategies, burn strategy
How can we trust your project and we believe you are not a scam project? Are there so many rage-pulling and exit scams happening these days?Thank,s
We are a public team and registered company. all of our activities are public and we have been vetted by many of the organisations we work with. We understand community concerns around scammers, we suffer from the same issues ourselves when contacted by maliciious individuals.
When will your tokens be listed on exchanges and which exchanges do you plan to list on in the future?
Ahmed Digipharm|CEO, [12/26/2022 9:19 AM]
We are currently on MEXC, we are considering additional exchanges all the time but only where it makes sense and they can add a lot of users. It is very likely that we will be on pancake swap soon also
Staking, NFT is the hottest, do you think you implement NFT technology in your products in the near future?
Ahmed Digipharm|CEO, [12/26/2022 9:20 AM]
Yes, we will have a staking like program called the pledge program, where users can be ambassadors or advocates and have rewards associated with this. We will have NFT health data sets to enable shared ownership and profit sharing
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
Ahmed Digipharm|CEO, [12/26/2022 9:21 AM]
i would encourage you all to check out www.digipharm.io/dgh-token for all token related metrics