DNAtix - Genetics Blockchained

in #ico6 years ago

Healthcare has grown by leaps and bounds in the past few centuries. We have progressed for treating all diseases by just letting out bad blood to personalised and preventive healthcare that involves a lot of antibiotics, vaccines and antiviruses that were unheard of during those days.

The mortality rate and the general lifespan and expectancy of a average person's life has increased by leaps and bounds. You were thought to be old and long lived if you'd lived till the age of 60 or so. But now it has gone over the age of 100.

In the olden days, when there were no scientific medicines available, all the disease were thought of to be demonic infestations and was tried curing by perform ritualistic acts to appease gods and so on so forth. The doctors were usually holy, religious people who used to chant and pray for the healing, not performing any healing in actual.

Then came about the inventions of Pasteurization, antibiotics, vaccines and synthetic medicines that provided cure for various disease and problems that were thought to be demons or just plain bad luck before this.

This advancement brought about new changes such as bringing immunisation for diseases that were thought to be incurable before. Cold became just another mild irritation and tiredness rather than being a life threatening disease. Epidemics could be prevented, lots of lives saved and it all seemed futuristic and borderline magical.

But even these advances seem puny in the face of new advances that we could achieve in processing and understanding our DNA. It could allow for preventive medication, truly personalised medicines, prevention of future disease, getting rid of bad traits and so on. The list is endless. Imagine you are a programmer and you got access to the most powerful coding platform on the most powerful supercomputer. It is the same here, where you get access to the code that makes you "You". Imagine being able to change the coding to promote traits and behaviours that you wanted and vice-versa. But there are inherent flaws present such as you don't want this immensely sensitive data to fall in wrong hands or be misused or to be able to process them for less rates. This is not possible currently.

DNAtix Platform

They plan on solving the above mentioned issues by creating a platform based on the Blockchain that allows for its users to be able to store, retrieve, share and process on your DNA data with permitted people.

This being powered by the Blockchain means that it is decentralised, with the power of say lying in the hands of the users and not in the hands of few companies or corporates. It also means that it much more secure, transparent, flexible and scalable. This means that you can safely share it with your doctor so that they can provide the proper medication for you.

ICO & Team

They plan on powering their platform by creating the DNAtix (DNATIX) Token which is based on Ethereum's ERC-20 Token standard. Their Pre-Sale is currently in progress and it ends on 14 November and they plan on holding their Main-Sale on 15 November. They are offering decremental periodic bonuses during the Pre-Sale. It requires for you to be Registered, Whitelisted and KYC Verified in order to be able to participate in the ICO.

The Founders and rest of the team has adequate experience in VR, Cybersecurity, Operations, Software Development, Blockchain, HR, Community Management and Design respectively. The advisory board consists of renowned and experienced Advisors, Analysts, Investors, Entrepreneurs who also bring along their expertise in fields of DNA, Banking, Biotechnology, Medical Industry, Business Development, Blockchain, Investments and Finance.

Conclusion

They seem to have a really useful use of the Blockchain in allowing for more advances to be made in the DNA splicing and medicine based on it. This would allow for it become mainstream.

They have good token economics in place and seem to have thought through most of it. Their team is diverse with a expertise in various fields and so is their well experienced advisory board. They seem have the expertise to be able to bring their ideas to life. It remains to be seen if they can deliver on their promises in the coming days.

Website - http://www.dnatix.com/

Whitepaper - https://www.dnatix.com/download/White_Paper.pdf

ANN - https://bitcointalk.org/index.php?topic=4900060.0

Telegram - https://t.me/dnatix_tokensale

Published by- prince0200

Profile - https://bitcointalk.org/index.php?action=profile;u=1807689

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