Snark Health

Snark Health Community Coin is intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by Snark Health. The belief that patients should not go bankrupt or die prematurely because of lack of access to affordable care. The Snark Health Community Coin is not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.
Patients are going broke and dying prematurely due to lack of access to affordable healthcare. Doctors are quitting medicine or committing suicide at alarming rates. We are on a mission to improve access and lower costs for patients, while also protecting the sanctity of the doctor-patient relationship. We are re-inventing how patients pay for healthcare. Patients can access a doctor at a cost of $0. Our revolutionary checking account uses data to pay for care today, while our novel health savings vehicle Hippocratic Coin® funds care in the future. Our stablecoin Hippocratic Coin® USD will streamline payments across borders.

Join Snark Health Community on Twitter: https://x.com/i/communities/1890088845422596360

Snark Health Community Coin Tokenomics
10% of the total supply has been distributed to the Snark Health Treasury for patients and doctors. Another 10% of the total supply has been distributed to the Community Fund. The remaining 80% of the total supply is available to the public. There are 1 billion coins total. This was a fair launch and no investors are involved.
Distribution of Snark Health Treasury (10%)
• Patients 2%
• Doctors 2%
• Employees & partners 2%
• Founders 3%
• Advisors 1%
The Snark Health Treasury will distribute the Snark Health Community Coin to the Funds:
Patient Fund
• 5,000,000 SNARK distributed per year for the first four years
Doctor Fund
• 5,000,000 SNARK distributed per year for the first four years
Employees & Partners Fund
• 5,000,000 SNARK distributed per year for the first four years
Advisors Fund
• 2,500,000 SNARK distributed per year for the first four years
Founder Fund
• 7,500,000 SNARK distributed per year for the first four years
Community Fund
• 10,000,000 SNARK distributed per year for the first ten years
Cliff and Vesting:
• Patients and Doctors: no cliff, no vesting
• Employees, Partners, Advisors: 6 month cliff, monthly vesting, duration varies
• Founders: 6 month cliff, monthly vesting, 48 month duration
Snark Health Community Fund (10%)
10% of the supply is allocated to the Community Fund to support the ecosystem.
Snark Health Donor Fund:
The goal is to acquire an additional 10% of the total supply for individual support.
Snark Health Research Fund:
The goal is to acquire an additional 10% of the total supply for supporting research.
Governance and Transparency:
Details of decentralized governance model details will be shared soon. The wallet addresses of all the Funds will be published.