AMA RECAP : CRYPTO CHALLENGERS x ASCLEPIUSX

Venue : @CryptoChallengersD

Date : 19th JUNE 2021

Time : 4 PM UTC

Guest : BARON

SEGMENT 1 : INTRODUCTION SEGMENT

Just Do It | CRYPTO CHALLENGERS

1. What is Asclepius?

Baron | ASCLEPIUS

Asclepius is a medical intelligent public chain. In the future, it is based on the parallel chain on the Polkadot relay chain and can be a public chain with multiple chains. Polkadot provides a broader vision and solution to solve the problems of scalability, speed and cost, allowing the existence of more personalized blockchain, interoperability and upgrading between chains, and self-governance of chains. Asclepius aims to be the most outstanding graphene parallel chain in Polkadot eco-medical sector.Asclepius chose to enter the Polkadot ecosystem for layout, which is essentially a consensus recognition of the architectural superiority and scalability of Poca.Bitcoin currently has a TPS of around 7, while Ethereum has a TPS of around 15, resulting in a very poor trading experience, slow speeds, and high fees, especially during the previous peak of mining. To this end, Ethereum is gradually moving towards Layer 2 exploration, particularly with the Rollup series of practices, and Ethereum sharding is also on its way, although it will take a long time. Obviously, in terms of layout, Asclepius chose Polkadot, which is expected to be more expandable and efficient, and developed and built on Substrate to achieve the best adaptation of Polkadot.”Imagine a scenario, A natural person A will be encounter various difficulties in life, of which human diseases is difficult to cross as, universal disease category can be solved within the existing medical system normally, but in fact, most people will be more intractable disease trapped, if the existing medical system under the monopoly to provide comprehensive and reasonable solution, A may pay the price of dying away.””Under the universal values, human beings will value their life and health more than all the assets and property they own.”Due to the disadvantages of the existing centralization medical system, it will inevitably result in monopoly, national patent restrictions and conflicting interests among groups, which make it impossible to solve a large number of diseases with high difficulty in treatment by using innovative drugs or the best medical services in the most efficient way. Asclepius came up with a completely new solution to this thorny problem.In the future, during the process of Polkadot’s DeFi ecological construction, more high net worth links into Polkadot when doing parallel chains. Asclepius will expand the DAO with vision and consensus, give full play to the functions of governance, organized by the most professional scientists and medical scientists in the world, various medical patents and innovative drugs will be combined with NFT (non-homogenized tokens) under the medical ecology of Asclepius, Using the liquidity mining consensus to produce specific medical NFT with high net worth, and carry out point-to-pool stable coin /NFT exchange within the professionally suitable DEX, and carry out mapping exchange between NFT and professional medical services/innovative drugs with the support of DAO organization.Then the scenario will become that when A needs specific medical services or is optimistic about investing in the world’s best on-chain medical service system, Asclepius’ main network currency will be indispensable as necessary pledge for liquid mining to produce NFT. Asclepius will use the power of the DAO and the Keeper of the Nobel Prize winner, the world’s top professional medical institutions to achieve chain cooperation, the high value of service NFT, breaking the regional medical patent monopoly, all medical services will be comprehensive, but in boca ecological layout, It will effectively open up the direct payment system that carries the highest net value blockchain in the crypto world, such as bitcoins, Ethereum, Polkadot. Achieving in the landing application and value interaction comprehensivly.

Just Do It | CRYPTO CHALLENGERS

2.Does the name Asclepius have any other meaning?

Baron | ASCLEPIUS

In the face of many disadvantages in the medical industry, the Asclepius project created by a number of universities and Nobel laureates arises at the historic moment. Asclepius is a parallel medical intelligence common chain project deployed on the Polkadot relay chain, and its team members include AndreGeim, the father of graphene 2010 prize winner in physics, and George Fitzgerald Smoot, the initiator of cosmic embryo theory, as well as several Nobel laureates and academicians from various countries.Asclepius establishes a perfect medical ecological circulation system by combining medical treatment with block chain technology. Help the upstream and downstream of the medical industry to establish an one-stop intelligent contract platform for the complete ecology of Turing on the chain, including Token issuance, DAPP development and NFT asset issuance.Asclepius logo’s design is also unique. The snake-coiled scepter is a symbol of medicine and the medical community, and the WHO emblem is the scepter that surrounds the snake.There are also signs of snakes in many medical institutions. In European architecture, the serpentine goblet often appears on the goblet, which is the symbol of the drugstore.Asclepius has always been regarded as the god of healing and built a temple for him in Epdorus. In order to treat patients, people must first ensure their cleanliness through fasting, abstinence and abstinence. In his temple, the patient lay on the clearing like a non-venomous snake.Asclepius will appear in their dreams, heal them, and prescribe a cure.In Greek mythology, he is depicted as a middle-aged man with a beard and crutches wrapped around a sacred snake. They travel together and bring people health. Since then, the magic snake stick has gradually become a symbol and symbol for doctors to save lives and heal the wounded.

Just Do It | CRYPTO CHALLENGERS

3.Specific introduction of Asclepius

Baron | ASCLEPIUS

In the face of many disadvantages in the medical industry, the Asclepius project created by a number of universities and Nobel laureates arises at the historic moment. Asclepius is a parallel medical intelligence common chain project deployed on the Polkadot relay chain, and its team members include AndreGeim, the father of graphene 2010 prize winner in physics, and George Fitzgerald Smoot, the initiator of cosmic embryo theory, as well as several Nobel laureates and academicians from various countries.Asclepius establishes a perfect medical ecological circulation system by combining medical treatment with block chain technology.
Help the upstream and downstream of the medical industry to establish an one-stop intelligent contract platform for the complete ecology of Turing on the chain, including Token issuance, DAPP development and NFT asset issuance.Since the rise of the concept of Internet healthcare in 2015, globally connected healthcare companies have burned trillions of dollars in venture capital.
But at present, even the leading “Ping an good Doctor” in China, which has listed Hong Kong stocks, has not been able to make a profit.
To investigate the reason, a very important reason is that the current Internet medical care is only a simple transplantation of traditional medical care online, does not effectively solve many problems in the field of traditional medical care, there is not a clear business model.In Asclepius ecology, patients, doctors, insurance institutions and researchers all participate in ecological construction in their own way.
Asclepius revolves around Boca ecology, breaks down the barriers between medical data, and opens the bridge between Asclepius intelligent medical platform and medical institutions.Provide chain services for patients, doctors, hospitals, technical service providers, insurance companies, genetic companies, health management institutions and other data demanders in the medical ecosystem.In the traditional medical industry, patients only pay money to get corresponding treatment when they seek medical advice, but the medical data originally belonging to the patients themselves do not belong to the patients themselves, and there are even cases in which the information is sold for the benefit of others.In the Asclepius ecology, the ownership of all medical data will be attributed to the patients themselves by confirming the rights on the chain. any medical or research institution that wants to obtain patient data needs to publish the corresponding tasks in the Asclepius to clarify the purpose of the data and the compensation for providing the data.Patients who meet the appropriate conditions will receive the corresponding token reward provided by the task publisher when they are authorized on the chain.Doctors and researchers who are in the backbone of the medical industry can also establish their own communities in Asclepius, use their expertise to popularize basic science, and give lectures to attract patients’ attention and get tokens from patients.
While patients are concerned, they can choose to authorize their own medical information to researchers so as to obtain the exclusive NFT products issued by researchers. Patients can consult and communicate with experts and scholars in related fields by virtue of the relevant NFT products.NFT can also be used to improve the defects of medical insurance. The traditional insurance content is so rigid that patients can only choose the health insurance products that have been launched by health insurance companies and can not meet the needs of personalized customization according to their own conditions.Asclepius refines and dismantles the specific insurance measures in the traditional insurance policy, and each specific insurance content is issued on the chain in the form of NFT.Patients can choose to buy insurance services that better meet their needs according to their own conditions.In the reimbursement stage, the traditional paper or electronic reimbursement vouchers will also be replaced by NFT. Users only need to authorize the insurance institution to show the medical certificate and their NFT insurance policy on the chain, and the insurance institution will automatically execute the smart contract written in advance and return the corresponding reimbursement expenses to the address of the patient.Asclepius DAO creates its own NFT — DEX (innovative drug patents + non-homogeneous token exchange protocol for specific medical services).Researchers create NFT products corresponding to their own new drug research institutes in Asclepius DAO. Patients in the Asclepius ecology and other researchers can obtain the corresponding NFT by completing the corresponding tasks published by the researchers, such as contributing their own medical data, providing research equipment, helping to collate and analyze data, and so on.NFT can trade with stable coins in the NFT-DEX platform at any time, while protecting medical patents, let the market determine the value of medical patents, so that the creators of medical patents can clearly see the market reaction, at the same time, promote the upgrading of their own research and development capabilities, so as to promote the progress of medical level.At present, Asclepius’s limited medical ecological public chain test network based on Substrate framework has been tested and running in May.Other aspects of the Asclepius development line are also gradually advancing. From this we can see that the professional team composed of a number of Nobel Prize scholars and academicians of the multinational Academy of Sciences not only has a very deep level of attainments in the field of traditional medicine, but also the technical level of blockchain should not be underestimated.Of course, as a highly professional field, it is difficult to say how successful Asclepius will be. However, compared with other medical block chain projects, there is reason to believe that Asclepius will become a benchmark project in this professional field with its own strong strength and innovative ideas.

Just Do It | CRYPTO CHALLENGERS

4.Can Asclepius’s innovative drugs + NFT create a new business model?

Baron | ASCLEPIUS

Tim Berners Lee, the father of the Internet, once said that the core point at the beginning of the development of the World wide Web is open source, which is the cornerstone of technological progress. After the Internet bubble in 2001, the major Internet manufacturers monopolized the entire Internet. The emergence of blockchain once again makes technology open source.The ideal logic of modern medical research is that the government receives taxes from the public to support medical research, and medical scientists publish their findings in a timely manner for the benefit of society.
However, due to the huge professional pressure and multi-interest entanglement, the system of scientific research and academic exchange has deep disadvantages and hinders the academic exchange.As a profession, papers and patent workers are becoming more and more professional. The purpose of publishing papers is not only to explore themselves, but also to make important achievements recognized by peers. In the process of patent research and development, it is difficult for medical workers to have sources of income and influence other than government subsidies.At the same time, the papers of medical workers are also very difficult to run directly commercially in the society.This is the situation of the medical profession in recent years: medical researchers are the promoters of civilization progress and the source of knowledge and innovation, on the other hand, they are the weak in scientific research and publishing and intellectual property system.As a result, open source medicine is on the rise.
Open data, revenue sharing, NFT tokens and other ways are becoming more and more popular.Asclepius is a non-homogeneous token exchange agreement for innovative drug patents and specific medical services. The NFT application of Asclepius has the characteristics of indivisibility, irreplaceability, uniqueness and so on.Because of the uniqueness of NFT, it can be used as proof of identity verification, including identity qualifications, medical patents and other digital creators can also turn the product into NFT for copyright registration to avoid embezzlement and forgery.Shyam Nagarajan, managing partner of IBM Blockchain Services, says that each patent can be licensed or transferred in its own way, which is well suited to NFT and is actually an extension of the smart contract boom and contract terms, license terms and revenue streams.“NFT makes it possible to obtain liquidity for assets that are usually stored on company shelves or on balance sheets.”In addition, NFT can also include property registration, land rights and mineral rights. NFT can represent the birth certificate of assets, “Kelley finally added,” whether the assets held by a company are long-term physical assets or what they exchange in the transactioN.In a similar situation, you are going to assign a value and then want to exchange that asset later.The emergence of NFT has greatly increased the trading space of patented products, Asclepius project is to seize the subdivision of patent + NFT, innovative drugs + specific medical services will bring new vitality to Asclepius.Asclepius is an open source NFT project on Boca DEFI. Asclepius tries to do a scientific practice of NFT+ Healthcare, trying to link innovative drug patents using NFT technology, so that medical technical workers have new income channels and social influence.In the traditional world, we rely on the commercialization of medical patents and major breakthroughs in medical patents to subsidize medical workers, but in many cases, the popularity of forward-looking and commercialization of medical papers is not high. A large number of medical research results are abandoned in the medical archives, no one cares.On the other hand, the medical patents with major breakthroughs will be abused by many small pharmaceutical workshops, resulting in the loss of profits of pharmaceutical companies.In order to solve the problem of data embezzlement, the Asclepius team invited Nobel Prize winners.Asclepius will issue 1000 NFT Library tokens in its first issue, which will be auctioned using Ascle. The first successful bidder will receive video blessings from two Nobel laureates and a visit to the Nobel Lab.By owning NFT library tokens, medical researchers can also contribute their own content to the literature library at the same time, and realize value transactions through the contributed content, so that users can more participate in the literature library to provide value for the development of innovative drugs.Compared with the current common pure capital projects such as loans and derivatives in the circle, Asclepius appears to be more approachable. On the surface, it is model innovation, but the core is enabling research mechanism innovation, and the starting point is closely related to the life of social health care. While reducing medical burden and promoting medical efficiency, it also creates more convenience for users on the basis of protecting users’ privacy.The medical application of NTF has been put on the agenda.Commercialization of NFT is not expected to be commercialized until the fourth quarter of 2021 according to IBM, but currently, blood donors have encouraged the use of NFT for blood donation.The blood donor is marked with a specific token and can then be tracked through the system. The donor can then be tracked as he is transported to the hospital, to the blood bank and to the final recipient. Blood can be used to register its NFT into a digital “blood bank”, where the needs of specific blood types can be tracked through the blockchain system and transferred to where they are most needed.On the other hand, the use case for manufacturing drugs using NFT can mark specific batches of drugs, making it easier to track and mark them as authentic.Any problem in the process can be identified by the trackers in the system, so that the problem can be solved more quickly. Asclepius specially invited Nobel Prize scholars to solve the patent problem of innovative drugs. George Fitzgerald Smoot and Andre Geim joined hands with Asclepius to launch the Ascle document library and will issue limited edition NFT document library tokens.George Fitzgerald Smoot is the “Father of Cosmic Embryology”, the winner of the Nobel Prize in Physics in 2006 and the winner of the Einstein Prize in Physics, an outstanding inventor in the world.Andre Geim is the 2010 Nobel laureate in physics “the father of graphene”, academician of the American Academy of Sciences and the Royal Society of the United Kingdom. they will contribute to Ascle NFT literature, cognition, papers and scientific research. After discussing with the two scientists, the Asclepius team concluded that academic papers could also try to cast NFT like works of art. Authorized by the author, medical papers and patents can generate new value, and medical patents can be bought and sold freely, and have been highly approved by two Nobel laureates.

SEGMENT 2 : LIVE Q & A

Q1) FROM @killer_been11

Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?

Baron | ASCLEPIUS

Of course, for the project side, in the process of project operation, there will be a lot of rewards to market volunteers, after the volunteers cash, the official will recycle, in order to show a better price.
The project ecology also needs enough tokens, and the tokens in circulation in the market need to be recycled regularly.

Q2) FROM @Guanggong75

What are your marketing strategies and how will you have a global expansion and adoption for your project where English is not spoken?What are your next upcoming priorities? What is in your roadmap ?

Baron | ASCLEPIUS

We have a global marketing strategy and our node incentive program is already under way.
Officials will also offer more incentive programs to give volunteers around the world the rewards they deserve.
The node reward plan will be announced on Twitter in the near future.

Q3) FROM @linglui444

Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about??

Baron | ASCLEPIUS

We have many Nobel laureates to provide us with professional scientific research papers, but also many laboratories in colleges and universities to cooperate with us.
At present, none of the related projects is better than our endorsement.
And we have a lot of patented drugs.

Q4) FROM @Muhammed786c

Market volatility is a very serious problem. Now, can you give a brief explanation of the limitations this causes? What methods would you employ to reduce this to a minimum?

Baron | ASCLEPIUS

Market volatility is also a very important reason for most investors to enter this sector.
A large part of the reason for the bad price is the greed of the project itself.
Our project has a great ecology and good planning, can well distribute tokens, so that everyone will not trade at the same time, which will make the price stable.

Q5) FROM @boss999901

Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relationships?

Baron | ASCLEPIUS

Our partners are all from the world’s outstanding scientists, Nobel laureates, Einstein Prize winners, as well as the world’s top 20 medical companies, as well as university laboratories.
In terms of project operation, there are also experienced operators from all over the world, which is very helpful for us to run the project well.
At the same time, we work together with a lot of community resources.

— AMA CONCLUDED —

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