Recap AMA Vic Rewards x Vietnam Coin Market Community

15 min readNov 13, 2020

Hubert: Hello everyone,

Only 15 minutes left and the AMA event of VIC REWARDS will be started

The representative for Vietnam Coin Market (VCM) is Admin Owner @taitan296 who will run AMA and VIC REWARDS project’s representative is @RichardSatur.

Translator: @nguyetvcm

Vietnam Coin Market Group (VCM) will be locked to make the event convenient.

After Segment 2 of the Vietnam Coin Market group will be opened a chat so that the community can ask the project.

How’s everything going?

Again, it’s been my greatest pleasure to announce today’s special AMA session

“VIC REWARDS”

Today’s AMA session is composed of 5 parts:

1 — Say hello, introduce the project

2 — AMA moderator asks the project 5 questions that will be selected first.

3 — Twitter: Pick the 5 best questions in this tweet: LINK (https://twitter.com/chocoin_VN/status/1324969557459562497?s=20)

4 — Ask the community (unmute the channel and let the community ask questions freely on telegram. Then the guests will choose about 10 good questions to answer).

5 — Quiz — Give 5 quizzes to the community to answer.

Craving for the question rain ahead after I unmute the group.

Anyway, let’s get the curtain roll-up and welcome @RichardSatur.

Mr Richard: https://t.me/chocoin_VN/1347395

Xin chào tất cả mọi người.

Sorry if my Vietnamese is not good 😊

Hubert: I think you speak Vietnamese very well.

Mr Richard: Hello Vietnam. Your healthcare is valuable. Your healthcare is an asset.

Hello, my name is Dr Richard Satur and we have been building healthcare solutions for over 20+ years.

Invest now in the World’s first dedicated Healthcare Blockchain company that has launched its VIC Rewards for all consumers.

VIC Rewards will be the default HEALTHCARE BITCOIN

Due to the overall success of dClinic, the world’s first Private Healthcare Blockchain Company, the recent Biotech contracts won by dClinic and the partnership announcements with XCELTRIP and Panxora, we are excited to announce the first IEO round private sale release of our VIC Rewards Tokens (VIC — Vitality Coin).

Don’t miss your opportunity to be one of the early investors in the world’s first Dedicated Healthcare Blockchain Company offering the only Blockchain and Sustainability solution for healthcare globally.

Hubert: It’s a pleasure to all of you who participated in the AMA today.

Hubert: Could you briefly introduce about yourselves as well as your project?

Mr Richard: VIC Rewards is a true Utility Token that leverages the Ethereum Network to rewards all of you. VIC will be the default Healthcare Bitcoin.

My name is Dr Richard Satur and I am the CEO.

All of you have healthcare for your entire lives and you should view your healthcare like you view your bank account. It is valuable. VIC Rewards was created to bring value to you for your healthcare.

We also provide a decentralised marketplace called VIC Marketplace where you can spend your VIC.

We will also allow you to use your VIC is other marketplaces too. Eventually you can use VIC for healthcare loans, insurances and medical device leases. VIC is truly valuable.

• VIC rewards (https://VICrewards.io) and the parent company dClinic is made up of over 90 experts in healthcare, blockchain and loyalty programs.

• We have staff and offices located in Singapore, Indonesia, Australia, EU, India and the US. We are coming soon to Vietnam and Korea.

• Dr Richard Satur is the CEO and has been building healthcare solutions for the healthcare industry for over 20+ years. I also have a PhD in AI (Big Data Mining).

• VIC Rewards is launching its first IEO on LATOKEN (ASEAN) and ChainX (Korea) on 10th November 2020.

• Governments will go bankrupt if they keep funding healthcare at current rates. IT IS NOT SUSTAINABLE and we all, as tac payers and consumers of healthcare, ultimately pay for it. If you want to solve the problems in healthcare then you need to approach it in two parallel paths, namely, TECHNOLOGY and SUSTAINABILITY.

• Technology is solved using Blockchain as the interoperability solution, breaking down the siloed healthcare information globally. Why are you having to always re-enter your information every time you see a doctor or health specialist? This is not right and is counterproductive. Blockchain can act as the glue to bring disparate systems together.

• To solve the Sustainability problem, we need consumer (YOU) adoption. We do this through loyalty and rewards. When you are rewarded, your healthcare data becomes valuable, and you are more likely to follow your healthcare and wellness plans designed by your care team members.

• So, Healthcare Solution = TECHNOLOGY + SUSTAINABILITY = BLOCKCHAIN + ADOPTION = HEALTHCARE BLOCKCHAIN + VIC REWARDS (VIC).

• So, VIC Rewards has been created to promote VIC for consumers where;

o VIC will create participation and compliance between consumers and their health care providers.

o VIC will create value for your healthcare data which you presently DO NOT earn from.

o VIC will drive healthcare savings.

o VIC and PHB are connected through the Smart Contract, bridging the gap between secure and private healthcare data and a public loyalty/rewards program.

o VIC is your asset which can and should be used for DeFi — Decentralised Finance activities, such as insurance, medical rentals and loans.

o VIC will empower and reward you.

o VIC is available and usable outside of the PHB because it operates on the public Ethereum network.

o VIC Marketplace and XcelTrip will allow you to spend your VIC, therefore creating true utility value. More marketplace will be added soon.

Our goal is for VIC to become “the” default healthcare utility token. VIC = HEALTHCARE BITCOIN.

Welcome to the healthcare revolution that is VIC. Welcome to your valuable healthcare. Be rewarded. Earn through your own healthcare.

Hubert: How wonderful, sir. The VCM audience is also eager to study the Vic Rewards project.

Mr Richard: https://t.me/chocoin_VN/1347433

Hubert: Welcome!

Looking forward to have our audiences to know more about the project and the views.

Let’s get to the first question we’d like to know from you.

What makes the VIC REWARDS project stand out more than the projects in the same direction at the moment?

Mr Richard: • Healthcare is the perfect Use-Case for Blockchain and in particular, Blockchain enabled Loyalty programs. Especially in these times of COVID, we all need to take our healthcare seriously.

• Most Tokens are not valuable outside Crypto exchanges. VIC Rewards is changing this. We want all VIC Rewards consumers to have 4 rights, namely;

o The ability to use their VIC to buy products and services in any number of global marketplaces. VIC = HEALTHCARE BITCOIN.

o We want VIC holders to be able to trade their VIC with other healthcare utility tokens. This can be done through Uniswap, XcelTrip and other markets will be open to all VIC holders.

o We will offer the option of buy-back every year which VIC holders can take up if they wish so they have the confidence of knowing that VIC has True Utility Value.

o Consumers can EARN VIC through programs we will initiate globally. Your healthcare is valuable, and you should view your healthcare like you would your own bank account.

• VIC Rewards has over 200k followers across all our channels and so it is clear we have a valuable product and business. Importantly, VIC Rewards has a real business model and revenue model through its VIC Marketplace. So many other tokens DO NOT have a real business or revenue model.

• VIC Rewards has raised over $3m USD to date and has a big investor base who continue to believe in our business.

https://t.me/chocoin_VN/1347437

Hubert: Thanks for this impressive information. We will go over the next question.

Who are some business partner/clients for VIC REWARDS?

Mr Richard: • We have recently signed a partnership with XcelTrip (https://XcelTrip.com) where we will now allow VIC holders to buy products and services that include;

o 2.4M Hotels

o 500k Global Flights

o 200,000 Products

This means, between VIC Rewards community and XcelTrip Users, we have almost 1 Million users and community.

• We have a major partner and investor in Panxora (https://Panxora.io) who are a global leading hedge fund which a huge network of investors. This gives VIC Rewards stability from an investment perspective.

• Deloitte South East Asia is formally engaged with dClinic (the Parent company) for the short, mid, and long term in order to help dClinic realise its vision.

• VIC Marketplace already has over 30 Merchant partners providing Wellness, Well-Being, Anti-ageing and Vitality products and services. VIC Marketplace is projected to have over 500 by the end of 2021. The partners are listed on the homepage on the VIC Rewards website and we have a trending video on YouTube — https://youtu.be/q0jwyTtPLGA.

• We have partnered with LATOKEN (ASEAN) and ChainX (Korea) exchanges where consumers can buy VIC. We have many other exchanges including Tier 1 chasing us. We will lust with them in 2021.

• We have excellent Marketing Partners including VCM (Vietnam) and ICO Pantera (Korea).

• We are approached by quality global partners almost daily.

https://t.me/chocoin_VN/1347450

Hubert: @RichardSatur Ready to come to the next question?

Mr Richard: Yes

Hubert: We will come to the next question:

What are the memorable milestones of VIC REWARDS in the research and development process?

Mr Richard: • MILESTONE 1: Healthcare data MUST be secure. It MUST be private. It MUST legally obey the sovereignty laws of the local healthcare owner. So how do we create a loyalty program like VIC Rewards that allows value for the consumer but also meets the strict legal, regulatory and consent requirements for each geography? We use Smart Contracts and AI to bridge the gap between the Private Healthcare Blockchain and the Public Ethereum Network. VIC Rewards Smart Contracts are truly Smart and allows Consumers to earn and buy VIC associated to their own healthcare.

• MILESTONE 2: How do we allow consumers to spend their VIC and create True Utility Value? We have created the VIC Marketplace and partners like XcelTrip to allow consumers to spend their valuable VIC. We are also working with XcelTrip to build a “VISA-type” card where VIC holders can now use their VIC like they would use their normal bank accounts and credit cards, and why not!

• MILESTONE 3: VIC Rewards is creating an API so DeFi enabled dApps can leverage VIC to allow further value for VIC holders in the DeFi space. Why can’t you use your VIC for loans, insurance and medical rental services? You should. Your healthcare is valuable.

• MILESTONE 4: VIC fully integrates into dClinic’s PHB (Private Healthcare Blockchain) and therefore all dClinic clients can leverage VIC to reward consumers on the PHB. For example, this is going to be the case for Biotechs leveraging our PHB, where patients can earn through their clinical trials. This is particularly important during times of COVID where the efficacy of clinical trials is very important, especially knowing clinical trial patients are following proper processes and consent.

https://t.me/chocoin_VN/1347464

Hubert: Feeling quite excited about this project, sir. I think everyone will love it and support it as well.

Hubert: Thank you. What does VIC REWARDS plan to do to attract more users in the upcoming time?

Mr Richard: • VIC Rewards has over 200k followers across all our channels and so it is clear we have a valuable product and business.

• We have recently signed a partnership with XcelTrip (https://XcelTrip.com) where we will now allow VIC holders to buy products and services that include;

o 2.4M Hotels

o 500k Global Flights

o 200,000 Products

This means, between VIC Rewards community and XcelTrip Users, we have almost 1 Million users and community

• We are building communities in Vietnam, Korea and soon in Turkey. We have a huge following in India, Indonesia and Singapore.

• We are running huge PR campaigns worldwide. In particular we are in negotiations with big partners in the EU and US.

• The more people we get the message to that their healthcare is valuable and they should be treating their healthcare as a valuable asset, the more our community will grow.

• So, join us saying, I WANT, I OWN, I USE MY VIC!

https://t.me/chocoin_VN/1347474

Hubert: How wonderful, sir. VCM will make a small contribution to the project support. Nice to do this. 😊

The last question is already done. Thank you @RichardSatur for bringing the above useful information.

We will move to segment 3. Questions on twitter:

ANSWER: We have a VIC (Vitality) Coin that is truly usable in our VIC Marketplace, XcelTrip and more marketplace partners will come. We have a true revenue model and business plan. You can spend your VIC on 2.4m Hotels, 500k global flights and over 200,000 products. We will have around 500 merchants by 2021. The parent company, dClinic, also continues to win major global healthcare blockchain projects creating even more stability and revenue. Our goal is to make VIC the default Healthcare Bitcoin and gow its value through its usability.

ANSWER: Our blockchain is already successful globally and we have many clients and projects. We also have big, strong, global partners. The key to adoption, and therefore to the sustainability of healthcare, is to make the consumer’s healthcare data valuable. This is what VIC Rewards is doing. In addition, you should be able to use your healthcare as a DeFi enabled asset for lower insurances, loans and medical device leases.

ANSWER: Governments will go bankrupt if they keep spending money on healthcare at current and projected rates. We are the taxpayers that pay for this healthcare spend. Through consumer adoption, using VIC, consumers will want to be and stay healthy so they can buy and earn VIC to spend. Their health is valuable. Governments, partners and healthcare companies will welcome this initiative and they already do. We are winning contracts and partnerships globally and so more and more companies and governments are coming over to our way of thinking. Why not, they save money.

ANSWER: VIC will be the default Healthcare Bitcoin, that is our plan and goal. It is valuable. You are right, we are winning many projects and making many partner announcements. Here are two important recent milestones.

· Panxora leads $1.5m USD medical blockchain token fundraising. With $10m worth of contracts in place and $10m in negotiations, it will launch VIC Rewards to augment their core business by promoting positive lifestyles and self-care, globally — https://www.fintechf.com/01-news/panxora-leads-1-5m-usd-medical-blockchain-token-fundraising/

· Dr. Richard Satur, CEO of VIC Rewards, and Gyanendra Khadka, CEO of XcelTrip, are partnering to raise stakes initially from ASEAN, Indian and Korean Wellness and Vitality digital space; before they take on the global Medical-Tourism marketplace — https://www.yahoo.com/news/vic-rewards-xceltrip-set-redefine-095953987.html

ANSWER: VIC Rewards already has 30 merchants and is planning to have 500 merchants by end 2021. We are tackling the wellness, well-being, anti-ageing and Vitality marketspace. The ASEAN population understands wellness, better than most. We will leverage the ASEAN wellness space to build the VIC Marketplace and gain additional marketplace partners like XcelTrip. Here are some amazing statistics… Vietnam’s Ministry of Health says that medical tourism brings in foreign currency earnings of US$2 billion. In 2018, 300,000 foreign patients visited hospitals in the country for medical checks and treatment, with 57,000 inpatients. It is unclear if the 57,000 is within the 300,000 count. Imagine using VIC for these products and services. VIC will be the default Healthcare Bitcoin.

Next, the Vietnam Coin Market team (VCM) will open a chat for the community to ask questions to the project. We will have 3 min to ask. The VIC REWARDS project will then choose 5 questions to answer.

Let’go!

Now!

Let’s give some mins for @RichardSatur to choose 10 questions to answer.

@RichardSatur, you may proceed now.

Question 1. Please share us what do you think about the real philosophy behind DeFi?Where Do You See This Revolution After 5 years?

DeFi is revolutionary and your healthcare is valuable and you should also be able to use your healthcare as an asset for DeFi insurance, loans and medical equipment leases. DeFi will be everywhere in 5 years.

Question 2. Why VIC Need blockchain technology?

VIC is your rewards and the only way to reward people for doing the right thing is if we know their whole history — holistic medicine. Blockchain can give you this.

Question 3. Your project looks good but it confuses me that there are so many other good Blockchain project. Why should I pay attention in Your project to give it the importance it deserves? What are your planning to achieve with your project?

Look at our successes, partners and milestones. We are being noticed globally and everyone is writing about us. We are for the community and we want all people to value their healthcare.

Question 4. Q.Tell me a little better about how I can do business with you?

Buy VIC. Earn VIC. Use VIC, Want VIC 😊

Question 5. Why VICRewards chose use a Private Blockchain Instead of a public one? This is not a limitation to your future Expansion?

VIC operates on a Public Blockchain but healthcare is governed by regulations and so it must be Private Blockchain enabled. the bridge is the Smart Contract.

Question 6. What can we expect to see from this project in the short-term (at some point in 2020) and 2021 and beyond (long-term goals)?

We have over 200k followers. With the XCELTRIP partnership we now have nearly 1million users across VIC Rewards and XCELTRIP. Short term is to build our marketplace to make it valuable for all of you. Long term is to build more DeFi services for your VIC.

Question 7. The Tokenomics says that every year its Offered to the holders the BuyBack option, but how many years do you have plans to keep this? Also you will create a Burn system?

Every year and yes we will have a RECYCLE system so consumers can always buy and earn VIC.

Question 8. Although ETH 2.0 is delayed to next year, but it will solve all exist problem of ETH and become the best choise for dApps in future, so do you think this is a threat for your project and how could you overcome this barrier?

We are leveraging Ethereum Network because we want DeFi and oracle integration capabilities, so we will co-exist with ETH. We don’t see this as a threat, we see this as an advantage.

Question 9. What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?

We have fantastic partners and we also leverage dClinic’s PHB Eco-Systems. We also have a lot of PR about us and we have a huge following. The best way to grow our community is through our marketplace and partner marketplaces.

Question 10. Many Project talks only about their Strenghts, Can You talk about the weak point that You project is Currently Dealing With?

It is not a weakness but a challenge. Most consumers are not aware their healthcare is valuable and so we need to constantly provide education to incentivise adoption. Adoption creates sustainability.

Hubert: Thank you @RichardSatur for replying to the community.

We will go to Segment 5, the Vic Rewards project will ask the question. The person with the fastest correct answer will win.

Each person can only answer 1 time / 1 question

Please @RichardSatur to ask Quiz questions.

Quiz 1. Where is VIC Rewards located?

Answer 1: Singapore, Indonesia, India, US, EU and coming soon to Vietnam.

Quiz 2. Where can you buy VIC?

Answer 2: LATOKEN, ChainX, Uniswap, Panxora and directly with VIC Rewards.

Quiz 3. How would you like to buy VIC in Vietnam?

Answer 3: Bvnex Exchange

Quiz 4. Why is VIC valuable?

Answer 4: You can spend and trade VIC in VIC Marketplace, XcelTrip and other partner marketplaces.