VIRTUAL REHAB REVIEW

VIRTUAL REHAB REVIEW

  • Virtual Rehab’s evidence-based solution leverages the advancements in virtual reality, artificial intelligence, and blockchain technologies for pain management, prevention of substance use disorders, and rehabilitation of repeat offenders.

 

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IDEA:

  • In Virtual Rehab, innovative and powerful solution (supported by existing research*) is intended to rehabilitate rather than just punish.
  • Virtual Rehab’s services extend to hospitals, rehab centers, correctional officers, inmates, along with other verticals. Although the scope of our existing solution includes pain management, psychological, and correctional rehabilitation, the Virtual Rehab team reserves the right to explore new industries to further expand our global operations.

PROTOTYPE PRODUCT:

 

CONNECTIONS:

  • Virtual Rehab has successfully established seven different partnerships covering the Americas, APAC, MENA, and EU markets. Also, currently in negotiations to onboard additional partners

 

WHITEPAPER HIGHLIGHTS:

  • Virtual Rehab’s innovative and powerful solution (supported by existing research) is intended to psychologically rehabilitate those in most need for our service offering.
  • The disclosed technology includes services in a telemedicine context and can extend to individual users of the Virtual Rehab solution to serve the B2C market, in addition to hospitals, rehab centers, correctional facilities, correctional officers, inmates, etc. to serve the B2B market.
  • PROBLEM:
    • 39 deaths / 100k population due to addiction;
    • Up-to 90% Relapse; 116m adults with chronic pain;
    • 259m prescriptions for painkillers yet 100 everyday due to overdosage;
    • 66% of released offenders recidivize within 3 years and 77% within 5 years (US);
    • Lack of focus on mental health and psychological well-being.
  • ADVANTAGE
    • First Mover Advantage (Addiction & Corrections); Market Leader Status
    • Strong Brand Recognition; Unique Expert System (Identifies Areas of Risk, Makes Treatment Recommendations along with Medication, Predicts Future Behavior);
    • $VRH Token to Incentivize Patients to Seek Help & Counseling.

 

  • REWARDS & RECOGNITION:
    • Evidence-based solution with proven efficacy results approved by physicians, psychologists, and therapists
    • 87% of participating patients have shown an overall improvement across various metrics
    • Described by US Digital Government Head as a “capability that is very very promising for public services”
    • Only VR/AI company included in the US Department of Justice, Institute of Corrections Environmental Scan report
    • Partnership agreements in-place across the North America, Europe, Middle East and APAC regions
    • Only company to represent Canada as part of the Canadian Delegation to Arab Health
    • Selected as one of Canada’s most promising high-growth life sciences companies
    • Featured by Microsoft’s leadership team at the Microsoft Inspire Innovation Session
    • Nominated by The Wall Street Journal for the WSJ D. LIVE Startup Showcase
    • Ranked by Spanish media as the first option for training correctional officers and rehabilitation of offenders using virtual reality
    • Featured by the media across 28 countries.

 

  • The VRH Token is a utility token and is core to Virtual Rehab’s end-to-end operations.

 

HYPE:

  • 19K+ telegram users, 1.9k followers on Facebook and 1.3K+ Twitter followers.
  • Virtual Rehab has been featured by over 28 countries around the world.
  • 7 ratings on ICO bench.

 

LONG TERM:

  • They are currently focusing on their B2B business but in next phase they are planning to enter into the B2C business, which entails further development of the blockchain component of their business:
  • Few other goals are as follow:
  • Roll-out of their Virtual Rehab Online Portal
  • Opening of the Virtual Rehab Therapy Center
  • Expansion of their programs offering
  • Operationalization of the $VRH utility
  • Roll-out of their own wallet
  • Establishing new global partnerships (institutional as well as research-focused)

 

Experts Review:

  • This is not a bad project, and to a large extent, should be rooted for for. The idea of incentivisation makes sense, and the use of high tech instruments including blockchain may give this project a lead in this industry. Revised rating after looking into the team backgrounds. – Jeremy Khoo (Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore)
  • Team: Team size is very less and none of the advisors has ICO experience, moreover, I do not see anyone with blockchain experience. Vision: Vision is not very clear, why does this company require Blockchain to build the product. Product: Cause of the product is very good, however, there is no information about MVP and how does this product quantify the success is also not known. Disclaimer: This is an independent review on the ICO, and does not lead to investment advice. ICOs are risky, kindly do your own research before investment. – Naviin Kapoor (Founder – The Times of Crypto | ICO Advisor | Investor Relationship | Blockchain Expert)

 

TOKEN METRICS:

Token VRH
Pre-Sale 1 VRH = 0.1 USD
Price in ICO 1 VRH = 0.1 USD
Country Canada
Platform Ethereum
Website https://www.virtualrehab.co/
Whitelist/KYC KYC & Whitelist
Restricted Areas USA, New Zealand, China, Korea
Pre-Sale 1st Nov,2018 – 14th Nov,2018
Public- Sale 15th Nov,2018 – 14th Dec,2018
Tokens for Sale: 240,000,000
Soft Cap 5,000,000 USD
Hard Cap 20,000,000 USD
Total Token Supply 400mln
Token Supply Breakdown Token Sale – 60%
Founders & Advisors – 15%
Future Development Fund – 10%
Partnerships – 10%
Marketing – 5%
Bonus Pre-Sale:
First 24 Hours = 30%
2nd Nov- 8th Nov =20%
8th Nov – 14th Nov = 15%
Public Sale:
First 24 Hours = 10%
15th Nov- 1st Dec = 5%

 

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