The CanCoin project Reviews

#TheCanCoin #cryptocurrency #blockchain #decentralization #DeFi #Cannabis.

ABOUT THE CANCOIN

The CanCoin is a legal cannabis token designed to address friction and monetization within the growing legal European cannabis market. Supported by the investment and management teams of Technicorum Holdings and the founders of Enexis AB, as well as Daniel Daboczy, The CanCoin solves key market challenges using blockchain, along with NFT and DeFi elements. The CanCoin streamlines payments and processing, inventory management, patient monitoring, medical cannabis cards, and tracking from seed to shelf. For more information, please visit: https://www.thecancoin.com/.

The CanCoin project has confirmed the successful minting of its token on 22nd August 2021. This marks the start of the 100-days fair launch project roadmap with a whitelist and reverse auction style token exchange model. This will be in conjunction with token farming pools, where users can stake their tokens to get more rewards. The CanCoin token ticker, CANNA is now open to the public. The CanCoin has issued a total token supply of 420,000,000,000 with 210,000,000 tokens in circulation. CANNA token runs natively on the Binance Smart Chain with BEP-20 and BEP-1155 token standards listed on KingSwap and PancakeSwap DEX.

The CanCoin project team has implemented a reverse auction program and farming pools to promote overall project development, sustainability and to achieve our milestones. Presale token holders can now put an option to sell CANNA Tokens at any price.

The CanCoin project promotes financing for numerous initiatives within the legal global cannabis supply chain. This includes CANNA as industry token, financial seed-to-shelf tracking technologies, DNA software storage and tracking technologies, the development of a monitoring app for medical cannabis patients and secured medical ID cards for cannabis patients, financing of new payment gateway solutions for cannabis products as well as the establishment of the cannabis industry standard and currency for global payments and processing.

While the rapid development in the cannabis industry coincided with a wide range of legislative reforms at the local level, there is a lack of harmonized legislation at the national level. The CanCoin project takes the notion that combined historic negative stigma associated with cannabis has resulted in limited coverage from multi-national service providers, such as financial institutions, software providers, monitoring systems, and more.

The CanCoin project was designed for the multibillion-dollar legal cannabis market encompassing sectors such as healthcare, pharmaceuticals, FMCG, and industrials. The legislation of legal cannabis is currently spreading at 3x the rate of North America. Over 375 million Europeans have access to medical cannabis and are expected to exponentially grow over the next five years with a projected increase in legal cannabis sales from $30 billion in 2020 to $95 billion by 2025.

Token Address: 0xcBed7180e61f82Aa9bBC1f59aFAA7D57faB588Ac

Symbol: CANNA

Decimals: 18

For more information, please visit www.thecancoin.com.

Why The CanCoin?

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.

Conclusion

CanCoin utilizes blockchain to streamline payments and processing, management of inventory and medical cannabis cards, patient monitoring, and tracking from seed to shelf as well as introducing NFTs and DeFi into the ecosystem. TheCanCoin is not only a chance to catch up but truly maximize the opportunity in Europe while ensuring a secure and serious approach to this fast-growing industry and expected wave of legalization

Read More Here

Website: https://thecancoin.com/

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