CanCoin is the new industry token for the cannabis industry
The legal cannabis industry is a multibillion dollar market that includes sectors such as healthcare, pharmaceuticals, FMCG and industry. Euromonitor has projected an increase in legal cannabis sales from $30 billion in 2020 to $95 billion by 2025.
Time to reach 375 million people
Europe, in particular, represents the next frontier. Current legal marijuana laws are spreading at 3x the rate of North America. As of today, more than 375 million Europeans have access to medical marijuana. This is expected to continue to increase over the next five years.
What is CanCoin?
CanCoin is a new industry token for the fast growing cannabis industry and a blockchain based solution for industrial solutions. This solves some of the friction problems as well as ensures that it drives a fast acceptance rate. The cannabis industry will benefit from a streamlining-focused currency as well as legalization agency acceptance if blockchain solutions are implemented, accepted and widely used.
Mission CanCoin Mission
CanCoin is to resolve the friction points currently affecting cannabis industry participants. It will differentiate itself from other cannabis related tokens through a comprehensive blockchain powered cannabis solution combining five key technologies, Blockchain, Artificial Intelligence, Smart Database, Automated Incentive Token, Smartphone Application.
Overcoming Friction Points
While rapid developments in the cannabis industry have coincided with numerous legislative reforms at the local level, there has been a lack of harmonized legislation at the national level. This combined with the historical negative stigma associated with marijuana has resulted in limited coverage of multi-national service providers, such as financial institutions, software providers, monitoring systems, and more. CanCoin aims to solve this problem.
Why TheCanCoin?
Track & Trace
To finance seed-to-shelf tracking technology (from genetics to finished product).
DNA Storage
To finance the storage of DNA software and tracking technology that allows the customization of plant-based drugs based on each individual's DNA.
Medical Use
To finance the development of monitoring applications for medical cannabis patients, as well as the development of secure medical ID cards for cannabis patients.
Payment
To finance a new payment gateway solution for cannabis products (TheCanCoin wallet).
New Standard
Sets a new industry standard currency for global payments and processing.
Crowdfunding Token app from "TheCanCoin" to crowdfund a growing private cannabis business.
Tokenomics
- Token address: 0xcBed7180e61f82Aa9bBC1f59aFAA7D57faB588Ac
- Symbol: CANNA
- Decimal: 18
- Maximum supply: 420.000.000
- Circulating supply: 210,000,000
- Consensus model: Proof of Reputation (PoR)
- Platform: Binance Smart Chain (BSC)
- Utilities: Decentralized Oracle Services (DOS),
- Dynamic Non-Fungible Token (NFT),
- Distributed Ledger Technology (DLT)
- I. Production agents can upload the creation process to the blockchain
- II. Production agents can upload the creation process to the blockchain
- 40% For token generation event
- 15% on hold my reserve serves as a liquidity pool to manage token volatility
- 5% For pre and post token rewards
- 15% For direct teams with vesting (20% this is for advisors before, during and after ICO)
- 25% For contributors and award parties who donate assets, IP or services in the ecosystem
- Our team is made up of veterans in funding, finance, DeFi, crypto, marijuana and marketing
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