Using blockchain technology, distributed and subscribed massage chairs are connected to decentralized network hubs that build health data platform, providing useful health information to patients, medical institutions, and research facilities. ​
Goals of SRCOIN Project and Initial Coin Offering (ICO):
Acquire and “distribute” massage chairs through a subscription business model
Connect the distributed massage chairs to a central network via BlockChain technology and construct a health monitoring platform
Through this platform, personal health information will be accumulated in a time series format on a database, and the information can be used by the customers or shared to personal doctors, local drugstores, and research facilities as a preventative and diagnostic measure for the customers involved as well as for future development in healthcare analytics and machine learning technology
Value Proposition of SRCOIN Project and ICO:
First, we are targeting the US $2.2 billion Singapore and Malaysian market for massage chairs with a subscription business model, which will act as a foundation to generating stable and long-term cash flow and increasing intrinsic value of SRCOINs.
Over next 6 years, the expected return on SRCOIN project is ~800%
SRCOIN's buyback and burn policy will be carried out via smart contracts using BlockChain technology, and over next 6 years, the amount of SRCOINs in circulation will decrease by ~81%. After 6 years, only ~19% of SRCOINs will be left in the market
Therefore, increased profitability of our subscription business combined with decreased number of SRCOINs in circulation is expected to enhance SRCOINs intrinsic value by 147 times more than its original value
SRCOIN project will utilize and benefit from extensive subscription network established by K Rental, allowing ICO contributors to immediately find real value in SRCOINs and see a robust path to profitability
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