CAN Early Adopter Sale

CAN is the native token of Solve.Care platform

BUY TOKENS Whitepaper

Sale ends in:
Days
Hours
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Price of 100K CAN tokens: $20,000

Early Adopter Sale will close on Nov 30, 2017

Early Adopter sale

$0.20

BUY CAN NOW

Open sale

$0.25 or higher

COMING SOON

CAN token offering schedule

Early adopter
phase
$0.200
Open sale phase
  • Day 1-6
    $0.250
  • Day 6-10
    $0.255
  • Day 11-15
    $0.260
  • Day 16-20
    $0.265
  • Day 21-25
    $0.271
  • Day 26-30
    $0.276
  • Day 31-35
    $0.284
  • Day 36-40
    $0.293
  • Day 41-45
    $0.302
  • Day 46-50
    $0.311
CAN is the native token of Solve.Care platform
CAN is needed for access to the following platform capabilities:
Solve.Care platform licenses
Services from Solve.Care Foundation
Pay for processing nodes and transactions
Subscriptions for Care.Wallet and Care.Cards
Pay for platform extension such as pairs and endpoints
Pay for all marketplace offerings
Clients using the Solve.Care platform to create care administration networks need CAN tokens to pay for platform fees, subscription fees and transaction fees and more.

Can token distribution

CAN tokens are limited in supply. Solve.Care Foundation has issued a total of 1290 Million CAN tokens.
No more CAN tokens will be issued.
CAN Token Distribution Million Percentage
Total CAN tokens issued 1290 100%
Offered for sale via Token sale 1000 77.52%
Reserved for solve.care team 152 11.78%
Care.community bounties 100 7.75%
Long term foundation budget 38 2.95%
Reserved token vesting
  • Reserved tokens
  • Vesting schedule
  • Community Bounties

290 millions tokens are reserved for team, foundation and community

  • Reserved tokens can be sold in the open market only after completion of Early Adopter and Open sale
  • Reserved tokens are subject to a vesting schedule
  • Reserved tokens will be allocated at the discretion of the Solve.Care governance council
  • Reserved tokens can not be sold at a discount to issuance price

Reserved token vesting schedule

Advisory Board Members 50% at 12 months and 100% at 24 months
Consultants and Partners 50% at 6 months and 100% at 12 months
Early supporters 100% at successful completion of tokensale
Executives and Team 20% every 6 months, 100% vesting at 30 months

How vesting works

Vesting schedules are typically used to focus and reward the executives and team for growing the company and platform. Vesting schedules are a fair and transparent method to reward the team incrementally, instead of all upfront or all at the end. E.g. a team member who has been granted 1000 CAN tokens with a vesting schedule of 20% every 6 months, will receive 200 tokens at each of the 5 vesting events, over a period of 30 months

Community bounties will be granted using CAN tokens reserved for this purpose. Bounties will be granted at the discretion of the management to foster growth of the Care.Community and Solve.Care platform

Approved purposes of community bounties

  • Development of purpose built cards for eligibility, enrollment, encounter and payments for public programs
  • Chronic disease care cards by specialists for diabetes, heart disease, hypertension, depression etc.
  • Endpoints for enterprise systems such as EMR, EHR, payroll, enrollment, adjudication, pharmacy etc.
  • Consumer Care.Cards such as pharmacy discounts, price comparison, doctor ratings etc.
  • Rewards for evangelists, ambassadors, organizers and coaches of Care.Community

Use of proceeds

Planned use of proceeds has been reviewed and approved by the Solve.Care Governance council as follows

Allocation Percentage
Development 31%
Subscribers and acquisitions 25%
Community and partner ecosystem 16%
Sales and marketing 12%
General and administrative 9%
Legal and compliance 3%
Infrastructure and project management 2%
Token sale expenses 2%

Product roadmap and Governance

Product roadmaps are easy to publish and very hard to implement. Managing a platform requires active product management function with appropriate participation of senior executives. Solve.Care team has adopted a mature governance model used by some of the most successful software companies in the world. We have adapted the governance model to our needs and focused on active management of the product roadmap and solution architecture by two respective councils with responsibility to enforce and authority to govern.

Release 1

(Q2 2018)

Individual, Eligibility and enrollment Launch of the platform, Care.Protocol, Protocol pairs, data model, security, and “Individual” entity with focus on eligibility and enrollment

Release 2

(Q4 2018)

Care.Coins, Community project framework Expansion of platform with support for additional smart contracts, contract library, protocol pairs, data model, security and endpoints, for care providers, government agencies and public programs. Launch of community project framework and support for Care.Cards

Release 3

(Q2 2019)

Additional care providers, Care.Coin, Community project framework Introduces Care.Coin including proof-of-service, review, reconcile, adjust and recovery of healthcare payments. Expansion of Care provider and government agencies entity pairs and endpoints. Launch of community project framework

Release 4

(Q4 2019)

Insurer and Employer Expansion of platform to include Insurer and employer entities, expansion of smart contract library, protocol pairs and endpoints. Support for additional public programs

Release 5

(Q2 2020)

Chronic disease management and complex case management, worldwide launch Expansion of platform to case manager and care manager entities. Support for behavior and utilization analytics, case and care management cards. Worldwide launch with support for multiple languages

Platform will generate revenue

Clients will configure Care Administration Networks that connect all the stakeholders including individuals and families, physicians, specialists, pharmacists, therapists, home care providers, hospitals, labs, pharmacies, case managers, benefit administrators. Essentially all stakeholders involved in care delivery, care coordination and benefit administration will be coordinated through Solve.Care platform.
Revenue sources for Solve.Care platform

Client revenue
Platform fees for license, subscriptions, transactions and processing
Services fees for configuration, extension and integration
Subscriber revenue
Subscription fees for wallet and cards directly paid by subscriber or sponsors
Transaction fees for payments and other fee based actions
Marketplace revenue
Revenue from community offerings on the marketplace is shared between publisher and Solve.Care Foundation
Community published pairs, end-points, cards and apps will generate recurring revenue
Partner revenue
Certain markets will require Solve.Care platform to be used inside an existing eco-system
Solve.Care will create custom configurations and revenue sharing models with applicable eco-system partners

Platform will generate demand for CAN tokens
There are thousands of healthcare companies and potentially millions of subscribers that can benefit from the capabilities of Solve.Care platform. They all need CAN tokens to access Solve.Care platform and participate in care administration networks. This will create a huge demand for CAN tokens worldwide
Scenario of an insurance company creating a care administration network
The scenario is of an insurance company with 5 million insured. The company wants to offer Care.Wallet to every subscriber and each wallet contains two Care.Cards. The insurance company will need the following supply of CAN tokens:
This table is for illustration and modeling purposes and does not represent an actual agreement with a client. No guarantees are implied or given. Prices are subject to change based and will be determined in the future at the sole discretion of Solve.Care foundation and will be impacted by a number of factors

Leadership team

Pradeep

Pradeep Goel

Chief executive officer

Pradeep has deep expertise in health and human services, finance and technology. He has been in the CEO, COO, CIO and CTO roles at various innovative technology companies, for more than 25 years.
Pradeep was deeply involved in designing and building solutions for several public programs such as Medicaid, Children health insurance, Medicare, SNAP, TANF, mental health and many others. He has worked for and with insurance companies, employer sponsored benefits and US government programs related to healthcare, benefits and financial administration

Vadym-Vorobiov-1

Vadym Vorobiov

Chief Technology Officer

Vadym’s entire career in software development has been related to product design, development and adoption. Vadim spent more than a decade in the Health and Human Services sector building and deploying enterprise systems for government and commercial organizations.
Since 2004, Vadym’s primary focus has been to deliver products and solutions which bring value to clients and citizens. Having been involved in several projects with potential for broad impact on large groups of populations, he has learned to combine technology, innovation and proven development methodologies with awareness of how technology can and should impact lives.

DRRANDALL

Dr. David Randall, Ph.D.

Senior Policy Advisor

Dr. Randall currently serves as Executive Director and is Resident Scholar with the American Research and Policy Institute (www.arapi.org) in Washington, DC. Dr. Randall has extensive experience as a former top insurance regulator, legislative staff member, health care lobbyist, consultant and executive with not only insurance companies, but also with several provider trade groups in Washington. He has testified before both U.S. House and Senate committees of Congress on a variety of health policy issues He also has over two dozen peer-reviewed and professional publications as well as book chapters on health information technology, health care entitlements and the policy process surrounding health care reform. He received his Ph.D. from Kent State University.

Karen_L_Bowling

Karen L. Bowling

Strategic Advisor

Karen Bowling is the Vice President of Care Delivery and Transformation for WVU Medicine. She served in a number of management capacities in both the hospital setting and higher education until 1990 when she began working in hospital administration. From 2013 until January of 2017, Karen was Cabinet Secretary of the West Virginia Department of Health and Human Resources (DHHR) under Governor Earl Ray Tomblin. Also, she was a board member of many not-for-profit organizations, which included the Raleigh County Community Action Association, YMCA of Beckley, and the Beckley Healthright Clinic.

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The Honorable James Moran

Strategic Advisor

James Moran served as the U.S Representative for the 8th congressional district of Virginia from 1991 to 2015. During his tenure in the U.S. Congress, Mr. Moran focused heavily on technology issues and was inducted into the American Electronics Hall of Fame. While in Congress, he was a senior member of the House Appropriations Committee, served as chairman and ranking member of the Subcommittee on the Interior and Environment, was a senior member on the Defense and Military Construction Subcommittees, and served as a member of the Steering and Policy Committee for the House Democratic Leadership. Congressman Moran’s service on the Solve.Care Strategic Advisory Board will enormously assist the company to meet the goals we have established for the platform.

brubeker

Paul Brubaker

Strategic Advisor

Mr. Brubaker served as the U.S Transportation Research and Innovative Technology Administrator (RITA) as an appointee of President George W. Bush and Acting Chief Information Officer for the U.S. Department of Defense. Mr. Brubaker has extensive experience as technology executive and currently serves as CEO at The Alliance for Transportation Innovation, Inc. Senior level public policy and private sector leadership with proven experience creating breakthrough innovations through the convergence of policy, practice, and technology

Jack

Jack Friou

Strategic Advisor

Mr. Friou has extensive experience as a life and health insurance executive. Over the last 44 years, he has had a wide variety of career experiences with Aflac, based in Columbus, Georgia. His most recent position, for the last 18 years, was Senior Vice President, Director of Government Relations. In June of 2017, Aflac announced his retirement to make way for the next generation, and for his pursuit of other endeavors including his role as an advisor to the Solve.Care Foundation

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Chris Petersen

Strategic Advisor

Mr. Petersen is a principal at Arbor Strategies, LLC. Arbor Strategies is a government relations and strategic consulting firm, specializing in health care and insurance regulatory consulting. The firm’s primary focus is representing clients before the National Association of Insurance Commissioners, state insurance departments, federal agencies and Congress. Prior to joining Arbor Strategies, Mr. Petersen was a partner in Morris, Manning & Martin’s Washington, DC office where he served as chair of the firm’s Insurance Regulatory Practice Group

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Donald Upson

Strategic Advisor

Mr. Upson served as the Cabinet Secretary of Technology Officer for the State of Virginia. Mr. Upson is President of Cybrforce, a MSSP and reseller of the world's most advanced endpoint antivirus protection: Cylance Protect. Serves as Partner of Upson Technology Group, a company he founded that built and manages two exclusive programs of the government tech sector: CES Government (CESG) and the Government Business Executive Forum (GBEF)

David_Drake_LDJ_Capital

David Drake

Advisor

David Drake is the Chairman of LDJ Capital, a family office based in NYC; Victoria Partners, LDJ Real Estate Group; Drake Hospitality Group; and, The Soho Loft Media Group. LDJ Capital's extended network of funds of funds and hedge funds manages 1.5 trillion USD in assets. David previously represented the US Commerce Department at the EU and he spoke at the UK Parliament. Mr. Drake’s access to 100,000 investors is maintained through his media holding investment The Soho Loft Media Group which has produced and sponsored over 1500+ global finance conferences since 2002. David Drake is actively involved in the crypto community as an advisor and speaker and has helped blockchain firms he advised raise $101M in funding through their ICO.

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Kostya Grygoryev

Advisor

Mr. Grygoryev is a founder and COO of Aidditive Solutions. Previously served as CEO of Ukrsoft and Miratech, Director of EngagePoint. He is a longtime investor in US healthcare technology firms (e.g. state and federal CMS solutions). Mr. Grygoryev has a M.Sc. in Computer Science and Applied Mathematics, more than 24 years in business of Software Engineering, IT management and technology industry leadership, and a strong track record in process, project and product management for software technology and solutions.

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Artem Afian

Advisor

Mr. Afian is an attorney and managing partner of Juscutum Attorney Association which is distinguished by innovative approach in legal practice. He advocates for legalization of Bitcoins in Ukraine and is constant participant of working and initiative groups on drafting bills, resources for liberalization in the economy and protection of investments in Ukraine. Member of the Expert Council under the Committee for Informatization and Information Technologies of the Verkhovna Rada of Ukraine.

The_Honorable_James_Moran

Andrey Zamovskiy

Advisor

Mr. Zamovskiy is the founder of Ambisafe. He has been involved in cryptocurrency development since early 2010, and has founded or took leading technical roles in multiple first of their kind projects, such as BitMerch (first bitcoin merchant service), HolyTransaction, Tether and several cryptocurrency exchanges, including orderbook.io

Ilia_Kenigshtein

Ilia Kenigshtein

Advisor

Co-founder and Chief Creative Officer of Creative Quarter project in Kyiv, one of the lobbyists of 3G and PayPal in Ukraine introduction, adviser to Lviv city mayor on innovation and investment issues, public figure and evangelist of innovations. Ilia is an experienced professional in management, marketing, sales, strategic planning, product development and business administration. He is one of the leaders in the Ukrainian IT and start-up industries, mentor in a number of venture funds and innovative companies, publicist and speaker.

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