Frequently Asked Questions

1. What is Synthium health?

Synthium is an intelligent, blockchain enabled healthcare technology platform that addresses supply chain participants in Health Industry by seamlessly linking Manufacturers, GPOs, Distributors and Providers. Synthium saves healthcare providers time, money and effort to procure products at best active price and just-in-time delivery while keeping track of transactions and charge-backs. For Manufacturers, GPOs and Distributors, Synthium provides a transparent platform to maintain, update and track all transactions from RFQs, sourcing to settlement and enables on-demand reporting.

2. What is the name of the token?

Synthium Health’s token, SHP will be created as an ERC20 token on the Ethereum blockchain and will be integrated into Synthium platform. It is fundamentally a protocol token that will not only provide access to Synthium Health platform to get membership with but also act as a secondary means of currency for trading on the platform.

3. Is there a maximum amount for the crowdfund?

Synthium Token crowdsale ends after receiving $100M or at the end of the sale period, whichever occurs first.

4. How long does the Synthium token sale last?

The initial CrowdSale/presale ended on February 28th, 2018. However, we are about launch private sale, please stay tuned. We plan to launch few token sales as we accomplish certain milestones/goals.

5. Are there any discounts for early investing in Synthium Tokens?

Yes. Please contact us via our website on the home page and we can tailor a deal based on your requirements.

6. How is the token price decided?

Based on our market research the initial token price is set at $0.65/SHP.

7. How do I participate?

Please contact us by emailing us at (tgeconnect [at] SynthiumHealth [dot] com) with your interest to participate. Please include your details such as name, address, and the amount.

8. How can I access my tokens?

Tokens will be issued on the Ethereum platform. You can access your account by logging into your wallet if the tokens are created on our wallet. Otherwise, you can log into your wallet to access.

9. What exchanges will you be traded on?

Currently it would be traded on LocalBitcoinCash.org and more will be announced in due course.

10. What currencies will be accepted?

BTC, ETH, LTC, USD. The currency (or coin) that is used to purchase the SHP will be converted to a USD equivalent at the time we receive it. This standardizes all payment methods and locks in current market valuations.

11. Will you accept direct Fiat payments?

Yes.

12. As a multi-currency token sale, will it be pegged to a single currency or kept in multi-currency. If pegged, how is the conversion price calculated for unpegged currencies?

The Tokens will be allocated according to the market value of the buyers’ USD amount (or equivalent amount in another currency or token received), calculated at the time their amount was received by Synthium Health. For amounts received in the form of Fiat currency will be converted to USD as on https://www.xe.com as of the date the received by Synthium Health.

14. Does Synthium comment on the SHP token market?

No. We do not comment on pricing, volatility, or the direction the market is heading.

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