CanCoin - Finance for the Monitoring of Medical Cannabis
#TheCanCoin #cryptocurrency #blockchain #decentralization #DeFi #Cannabis.
What is the Cancoin?
The legal cannabis industry is a multibillion-dollar market encompassing sectors such as healthcare, pharmaceuticals, FMCG, and industrials. The Euromonitor has projected an increase in legal cannabis sales from $30 billion in 2020 to $95 billion by 2025.
A Large Frontier Market
The legal cannabis industry is a multibillion-dollar market encompassing sectors such as healthcare, pharmaceuticals, FMCG, and industrials. The Euromonitor has projected an increase in legal cannabis sales from $30 billion in 2020 to $95 billion by 2025.
Track & Trace
To finance seed-to-shelf tracking technologies (from genetics to finished products).
DNA Storage
To finance DNA software storage and tracking technologies that allow for the customisation of plant-based medicine based on each individual’s DNA.
Medical Use
To finance the development of a monitoring app for medical cannabis patients, as well as the development of secure medical ID cards for cannabis patients.
Payment
To finance new payment gateway solutions for cannabis products (TheCanCoin wallet).
New Standard
Establish a new industry standard currency for global payments and processing
Tokenized Crowdfunding
Application of "TheCanCoin" to crowdfund emerging private cannabis businesses.
Mission of CanCoin
CanCoin mission is to resolve friction points that are currently affecting the cannabis industry participants. It will distinguish itself from other cannabis-related tokens through its comprehensive blockchain-powered cannabis solution incorporative five main technologies, Blockchain, Artificial Intelligence, Smart Databases, Automated Incentive Tokens, Smartphone Application.
Features of CanCoin
CanCoin aims to penetrate the market by offering tools and a quality user experience to companies across the cannabis value chain
Track and Trace Solutions to increase transparency – CanCoin integrates seed-to-shelf technologies, mimicking a verticle integrated network. This helps track the journey of the flower from genetics to the finished product retail through cultivation, processing, extraction, and transformation. It will also track the product’s shelf life. With this, companies can monitor their supply chain and inventory management closely, ensuring timely distribution of products and minimizing stock surplus.
Payment Solution – Featuring the CanCoin wallet, CanCoin offers financial payment gateway solutions. With the availability of cryptocurrencies and high-risk payment portal platforms such as Cloudpay technologies, cannabis-related financial trades are becoming easier. With CanCoin, businesses are able to transact without limitations as they are not subjected to any bank imposed limits thanks to immutable and open ledger-based blockchain technology.
DNA Storage & Data – CanCoin features technology to store and track DNA. The collected data along with CanCoin’s machine learning and AI capabilities can allow businesses to improve and customize their offering further allowing for better matches to customer requirements. Customers can also benefit from the hyper customized experience of plant-based medicine which is specially tailored to each individual’s DNA and history of buying behavior.
Digital Medical Identity & Patient Data – CanCoin platform features an encrypted digital medical ID card to identify legitimate medical cannabis patients. To further improve patient data outcomes, CanCoin will allow patients to integrate their DNA profiles into the encrypted platform. Research suggests a person’s DNA profile plays an important role in how medical cannabis interacts with the person’s endocannabinoid system.
Augmented Reality NFT – One of the key differentiators would be its Augmented reality NFT. This exciting feature allows the user to plant and grow their virtual cannabis plants and grow their virtual cannabis plant anywhere via their mobile. Adding to this, NFT’s can be used to redeem in-store discounts on cannabis or its derivatives.
NFT Game – Users will have access to a virtual farm where they can have multiple Cannabis NFT growing. In the virtual environment, they can grow their plants by way of using their water/fertilizers NFT to make their plat grow. This not only allows users to unlock store discounts by growing their plants to the maximum level but also have fun while doing so and to win prizes from the project.
Ecosystem of CanCoin
Decentralized oracle service – CanCoin utilizes Chainlink’s Decentralized Oracle Service (DOS) to extract information from the real world into the blockchain. CanCoin revolutionizes the Cannabis Supply Chain industry by leveraging on DOS, enabling its innovative solutions such as dynamic NFT’s and distributed ledger technology to track products.
Dynamic NFTs – Dynamic NFTs are non-fungible tokens that trigger a series of actions, often through the use of an oracle: for example, whenever a user with CanCoin NFT makes a purchase in-store, Chainlink oracle’s retrieves the transaction records and automatically upgrades the NFT, allowing this user to earn discounts on future purchases.
Distributed Ledger Technolgy – Use of DLT to track products from seed to shelf. Key internal stakeholders will be able to monitor and view details of the product movement, ensuring operational security and continued business operations. The public on the other hand will be able to see if the delivery was successful.
CanCoin Wallet – CanCoin will have a mobile wallet. That will be simpler to use and offer a safe place to store your CanCoin tokens. This will make sending and receiving CanCoin tokens quick and easy. CanCoin wallet will be available for free to download on Windows, Linux, and OSX. CanCoin can be bought directly to your wallet bypassing any need for CEX or DEX. Users can make their purchases through CacCoin tokens using scanning QR Codes. NFT staker and unlock will be directly available on the wallet.
What is CanCoin ( CANNA) Token?
CANNA is the backbone of the CanCoin ecosystem. Being a native currency of the platform it has various use cases. Shops and pharmacies can provide additional deals in order to encourage CanCoins token payment in order to achieve fast mass adoption.
Token Utility
Price Discounts – Discounted deals in CanCoin Stores.
Prime Goods – Purchase NFT and unlock higher tired discounts.
Extra Goods – Buy one get one free of charge from CanCoin type of deals.
Free Samples- CanCoin buys and gets free samples of the items.
Tokonomics
Token adress: 0xcBed7180e61f82Aa9bBC1f59aFAA7D57faB588Ac
Symbol: CANNA
Decimal: 18
Max supply: 420.000.000
Circulating supply:210.000.000
Consensus model:Proof of Reputation (PoR)
Platform:Binance Smart Chain (BSC)
Utility:Decentralised Oracle Services (DOS),
Dynamic Non-Fungible Tokens (NFTs),
Distributed LedgerTechnology (DLT)
Token Distribution
40%For the token generation event
15%Is held i reserve serves as liquidity pool to manage token volatility
5%For Pre and post token bounty
15%For immediate team with vesting (20% of this for advisors before, during and after ICO)
25%For contributors and reward parties that contribute assets, IP or services in the ecosystem
Our team is compounded of veterans within funding, finance, DeFi, crypto, cannabis and marketing
Daniel Daboczy, CEO / Stockholm / Singapore
Daniel is a veteran within FinTech and equity crowdfunding (founder of FundedByMe) and has helped with the successful funding of more than 650 companies. He also has a great eye for marketing and knows what is needed to reach the next level. Before Daniel got into FinTech, he was an art curator of very successful exhibitions in Sweden, and he uses this knowledge to innovate creative NFT collaborations with new and experienced artists within music, art and digital works.
David Bonnier & Amaury de Poret
David Bonnier and Amaury de Poret are the co-founders and investment managers of Enexis AB, one of the first cannabis investment companies in Europe. Being investment professionals with more than 40 years of combined experience in the financial industry and alternative assets speak for itself.
Advisors
Malcolm Tan
Singapore
Crypto expert and crypto advisor. Author, speaker and ICO/IDO advisor
Scott de Mercado
London
Founder of Audiotube and co-founder of Cannabis Delivery Sciences. A business developer and entrepreneur with a massive network
Jonas Saeed
Los Angeles
Cannabis industry expert North Americas, serial entrepreneur
Cryptologicals:
Singapore
Marketing and content specialists. Crypto and Financial Literacy strategists
Massfluencer:
Singapore/Stockholm
World’s most advanced data-driven influencer marketing company with access to 100M influencers in 213 markets
Transform Group:
New York
The #1 Blockchain Communications Company in the World
Read More Here
Website: https://thecancoin.com/
Read WP: https://docsend.com/view/wx627h53f5xeczdw.
Sosial
Facebook: https://www.facebook.com/thecancoin
Instagram: https://www.instagram.com/thecancoin/
LinkedIn: https://www.linkedin.com/company/the-cancoin/
Telegram: https://t.me/thecancoinofficial
Twitter: https://twitter.com/thecancoin
Telegram https://t.me/BountySofico
Telegram https://t.me/sofico_ann
Author
Bitcointalk Username: David Lopez
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2853232
Wallet Address: 0x9c74d42ac4760b03ab04807a8b762fb239da783c
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