3 investment options to focus on health

It is no secret that cryptocurrencies have created a boom in the financial market in recent years. There are many success stories of people who have invested in these virtual currencies and even live off of them. However, the specific topic of this article is ICOs, and we will soon see what they are and what their relationship is with health.

What are ICOs? Investment focused on health

Well, you already know that it has to do with cryptocurrencies, those virtual currencies that have monetary value and are encrypted in a blockchain system. But what is an ICO? What role does it play in this whole system? Investment focused on health

You can imagine that creating all this software, maintaining it, advertising it, designing websites and social media is a huge job, and it requires both well-trained people and materials and tools (paid advertising, web domain, among others). How to obtain all this?

To avoid falling into the clutches of banks, speculative investors, or mortgaging your house, ICOs were created. It is an idea borrowed from IPOs, which is when a new store or company of any kind goes public for interested parties to invest money in it by buying shares.

In ICOs, it is a bit different. The product or service has not yet been launched, and instead of shares that commit part of the company, what you receive in exchange for your investment are tokens. You can exchange these for other tokens, cryptocurrencies, fiat money, or use them within the ICO ecosystem, depending on their nature.

What do ICOs have to do with health?

Blockchain systems must seek solutions to existing problems. Many blockchain developers have realized this and intend to contribute their grain of sand to this world.

What health ICOs exist?

The truth is that there are quite a few, because, apparently, ICOs and the whole blockchain world are in vogue. However, I collected the ICOs that have the best ratings on icobench.com.

1. BEAT Investment focused on health

Every living creature on Earth has an average of one billion heartbeats in its lifetime. Humans have nearly doubled this with nutritional and medical advances. And sports. Beat by beat. What if the ‘burdens’ of sports with each heartbeat could be turned into rewards?

Billions in sponsorship money are waiting to be spent on the goal. Apps, smartwatches, records, digital ecosystems, fitness studies, and trainers to measure and verify sports activity are already here.

Imagine a platform where sponsors can reward you with goods, services, or even money based on agreed contractual goals, at your fingertips. Sponsors, in return, benefit from verified and immutable health and activity data. Shared and controlled solely by you. Impossible?

They are developing the missing link: BEAT – where blockchain meets sports.

2. Lympo Investment focused on health

With the help of blockchain technology, Lympo aims to effectively monetize the vital data collected through the ledger system. We take a step further by allowing relevant parties, such as health insurance companies, fitness apps, entrepreneurs, and gyms, to access the information and customize products for users.

3. TrustedHealth Investment focused on health

TrustedHealth is a patient-led cooperative guided by doctors focused on life-threatening diseases. Its goal is to obtain the best methodologies to provide better health outcomes for patients and ensure they are accessible to patients worldwide.

4. CareX Investment focused on health

CareX is a blockchain platform on Ethereum that links security and transparency with healthcare. A symbolic currency (CARE) can be used on the CareX platform for the purchase and sale of healthcare services. Substantial benefits for patients, providers, and suppliers.

Keep in mind that ICOs are considered a high-risk investment, so do all the research and consult a relevant professional before deciding on one.