dHealth will make its debut through an IDO on the OccamRazer launchpad. An IDO (Initial DEX Offering) is a decentralized mechanism to bring liquidity to a token. dHealth Foundation believes in the interest of a decentralized community and has chosen Occam.Fi to facilitate the IDO.
Elliot Hill, Head of Communications at Occam.fi, says: “The sophistication of dHealth’s supernode network technology and the calibre of their partners speaks for itself. We are immensely proud to bring dHealth to the Cardano ecosystem through their IDO on OccamRazer — yet another existing project with a strong team and vision joins the Occam.fi family. We look forward to working with the dHealth team.”
DHP (Digital Health Points) is the native token of the dHealth Network and cross-chain compatible in order to power the global dHealth ecosystem. The existing native DHP is unaffected and users can continue to stake. The IDO will use ERC20 DHP. The cross-chain transfer of native DHP to ERC20 DHP is facilitated by the Occam bridge.
dHealth Network continues to use the Symbol protocol for its L1 infrastructure. Symbol is well suited for transactional use cases, high throughput, and plug & play capabilities for asset management. The smart contract capabilities of Cardano will be implemented.
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