Neopharm (NPH) Tokenomics and Ecosystem

Neopharm.io
3 min readMar 19, 2022

--

Neopharm Tokenomics

Neopharm.io It’s a mobile application, converting picture of a medicine into simple infographics, covering most essential and critical information, and expanded to extra features

Introduction

With the help of technology, we want to make medicine more accessible and understandable for every person.

Our digital solution — mobile application will help to minimize the misuse of medicines and increase public health literacy. ​Neopharm token (NPH) will make the process of collecting data for our mobile application faster and more efficient.

Neopharm will build a web 3.0 platform where users will be able to collect, upload and structure information about medicines from the medication instructions all over the world. Uploaded medication instructions and structured dataset will be used in our mobile app. Users will be rewarded with tokens for their contribution.

In-house database aggregation mechanisms, involving multiple sources and drug registration bodies, targeted to create unique structured dataset.

We will employ unified ISO Identification of Medicinal Products (IDMP) standards for aggregated and comprehensive medicines dataset.

Neopharm Token Use Cases.

On our Neopharm web 3.0 platform users will be able to upload, fill in and structure information about medicines.

1.Tokens will be awarded if the user just finds and uploads medication instructions to the system for each medication from the list.

2. Tokens will be awarded if the user manually structures an information from the medication instructions into several main categories:

3. Staking. We will create a pool for anyone who wants to lock a portion of NPH tokens in return for staking rewards. When users unstake their tokens, they receive their initial staked amount plus a portion of the extra tokens added by the team as a reward.

4. Purchase of our NFT collection characters, which will provide additional benefits and opportunities. With this NFT character, the user will be able to process more med instructions at a time and get more tokens.

Mobile app interface.

Token (NPH) Release Schedule/Vesting

Seed

1 month lock up, then linear vesting every month over 15 months

Private

1 month lock up, then linear vesting every month over 10 months

Public

30% TGE, then 30% after 30 days and 40% after 60 days

Team

12 month lockup, then linear vesting every month over 24 month

Advisors

12 month lockup, then linear vesting every month over 24 month

Staking

1 month lock up, then release on demand

Liquidity

100% unlocked at TGE

Ecosystem

1 month lock up, then linear vesting every month over 48 months

Marketing and Partnership

1% TGE, 99% linear vesting every month over 20 months.

Make sure to follow our social media for the latest updates.

Website | Twitter | Telegram | Discord | Instagram

--

--

Neopharm.io
Neopharm.io

Written by Neopharm.io

Help us make society more health literate and get rewarded for it ⚕️❤️ Block-chain based medicine platform.