How To Prepare for the Health Nexus Token Sale

Are you ready to help us build a better healthcare data ecosystem and contribute to our token sale? Great! It couldn’t be simpler either, as there are only three things you need to do to contribute.

  1. Get some Ether
  2. Move your Ether to a token compatible wallet
  3. Register on our whitelist

Getting Some Ether

Ether is the cryptocurrency of the Ethereum blockchain and the primary currency used to participate in ERC20 token sales. If you don’t already have any ether, you will need to purchase it at an exchange. We have listed some exchanges that will take traditional forms of currency and exchange it for ether (for a fee).

Our favorite exchanges right now are:

  1. Coinbase
  2. Gemini
  3. Kraken
Note: It may take several weeks for you to create an account and link up your bank account. We recommend you get started as soon as possible to allow for the time it takes these exchanges to establish your account.

Coinbase is the most popular on this list because of how easy it is to use. To purchase ether on Coinbase you click the “Buy/Sell” link, select “Ethereum” from the list of cryptocurrencies to buy, and enter your form of payment and how much you want. Once you purchase ether it may take a few days to arrive. Once it arrives you will be able to see it by clicking on “Accounts” and finding your ETH Wallet.

Be sure to double check everything before clicking the buy button; the first time I tried to purchase ether through Coinbase I accidentally purchased Bitcoin instead (but at least it wasn’t Dogecoin).

One of our advisers, Margaux Avedisian, created this video to walk through getting set up on coinbase.

Move Your Ether To A Token-Compatible Wallet

Now that you have some ether, you will need to move it to a wallet that can receive and manage tokens.

Your eth wallet on Coinbase is not token compatible: do not attempt to send any ether to a token sale from Coinbase directly!

Here are the most popular token compatible wallets you can use:

All of these wallets work well, but it is worth mentioning that if you are using using Chrome or Firefox as your web browser, MetaMask makes creating a token compatible wallet and funding it with ether very easy.

If you decide to use a different wallet or exchange you will just need to send your purchased ether to your new wallet address. Each wallet has its own interface but they all make your wallet address prominent and easy to copy for use.

From Coinbase you can send ether to your wallet by clicking on the “send” button in your ETH Wallet (under Accounts). It may take some time before your wallet receives the ether (it has to be processed on the blockchain and confirmed) but once the ether arrives, you are almost ready to take part in our token sale!

One of our advisers, Margaux Avedisian, created this video to walk through getting a token-compatible wallet set up (myetherwallet).

Register on the Whitelist

There is one last step before you can trade your ether for health cash (HLTH), and that is to add you to our whitelist.

To get on our whitelist you need to register your token-compatible address with us. If you don’t register with us before the whitelist sale begins then you won’t be able to purchase our tokens (sorry!). To register, complete the form on our token sale site using the address of your token-compatible wallet for your Ethereum address. The whitelist ensures our token buyers are who they say they are, as we take security very seriously at SimplyVital.

That’s it. There really is only three steps to getting ready, but if you have questions about how to prepare for the token sale or our project find us on telegram, where I am happy to help answer your questions.

About SimplyVital Health:

SimplyVital Health is making decentralized technology accessible to the healthcare industry by creating Health Nexus, a healthcare-grade blockchain and paired data storage. Their principal application, ConnectingCare, augments existing hospital care systems to extract data and create care pathway flexibility, prospectively track financials, maintain immutable records, and accurately monitor analytics.

Website: https://tokensale.simplyvitalhealth.com/

News and Articles by us: https://medium.com/simplyvital