Offering Summary

Maximum 535,000* shares of common stock & SAFT ($1,070,000) *Maximum subject to adjustment for bonus shares. See 10% Bonus below Minimum 5,000 shares of common stock & SAFT ($10,000)

Company

MedChain, Inc.





Corporate Address

1175 Castle Pointe Drive

Castle Rock, Colorado 80104





Description of Business

Blockchain technology for Electronic Health Records





Type of Security Offered

Common Stock

&

Simple Agreement for Future Tokens (SAFT)



Purchase Price of Security Offered

$2.00





Minimum Investment Amount (per investor)

$500.00























Future Utility Tokens In connection with the purchase of the shares, Purchasers shall receive from the Company, if and when the Company has a future token generation event: Investors will receive a number of tokens equal to twice the value of the investment amount. For example, an investment of $500 will entitle the investor to $1000 worth of tokens in accordance with the terms of the future token generation event. The tokens will vest and be delivered approximately 120 days after the official launch of the token generation event. The Company does have a distributed ledger based business model but not yet a blockchain based utility token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items. There is no guarantee that successful development will ever occur. The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF. Description of Future Utility Tokens. The Company is including as part of this Offering the right to receive future utility tokens when and if the Company creates a network based upon blockchain and distributed ledger technology. The utility tokens may be used within the network to purchase entry credits facilitating Electronic Medical Record storage and access control. The tokens may also be exchangeable upon cryptocurrency exchanges. The Company has immediate plans to create a distributed ledger technology offering. Therefore, the rights offered and issued in connection with this offering are contingent upon the development of such technology. Investors in this offering should not plan on receiving such tokens and should not include any such future utility tokens as part of their investment decision. Any future utility token shall only have a use within a developed ecosystem and shall not be considered debt or equity in the Company. The 10% Bonus for StartEngine Shareholders (This bonus period is concluded as of 3:00PM PT on December 30, 2017) MedChain, Inc. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live. StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date. This means you will receive a bonus for any shares you purchase. For example, if you buy 50 shares of Common Stock at $2.00 / share, you will receive 5 Common Stock bonus shares, meaning you'll own 55 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share. This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement. Multiple Closings. If we reach the target offering amount prior to the offering deadline, we may conduct the first of multiple closings of the offering early, if we provide notice about the new offering deadline at least five business days prior (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment).

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense that is for the purposes of inter-company debt, back payments, or reimbursements.

Most recent fiscal year-end: Prior fiscal year-end: Total Assets $0.00 USD $0.00 USD Cash And Cash Equivalents $0.00 USD $0.00 USD Accounts Receivable $0.00 USD $0.00 USD Short Term Debt $0.00 USD $0.00 USD Long Term Debt $0.00 USD $0.00 USD Revenues And Sales $0.00 USD $0.00 USD Costs Of Goods Sold $0.00 USD $0.00 USD Taxes Paid $0.00 USD $0.00 USD Net Income $0.00 USD $0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.