BitCannaICO BitCanna is a decentralized Payment network, Supply chain and Trust network for the legal cannabis industry. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is BitCanna
The global cannabis industry has been inhibited by regulatory restrictions for most of recent history, but the legal market has emerged rapidly as more governments legalize medical and recreational use. In Europe, using/selling small amounts of cannabis is not legal but tolerated in Spain, The Netherlands, and Switzerland.
Due to the ‘shady’ image of the business, most banks, credit card companies, and payment providers won’t handle the money generated by the cannabis industry, even in places where it is completely legal. This leads to inefficient solutions such as cash transactions, which only add to the shady image of the industry.
To address this problem, BitCanna will provide a decentralized payment network for the legal cannabis industry, by means of the BitCanna Coin (BCNA). Customers can use the BCNA to make purchases in both online and brick & mortar dispensaries, solving the current payment problems for the industry.
There are already some cannabis-focused coins available on the global marketplace. BitCanna however, is unique in their strategy to get the cannabis industry out of the shade:
DetailsPre-sales: Oct 31, 2018 - Nov 14, 2018Public sales: Nov 15, 2018 - Jun 30, 2019 Token supply: 252,000,000 BCNA Soft cap: 3,000,000 USD Hard cap: 20,000,000 USD Raised: 16,000,000 USD LegalBlockchain Platform: OwnCountry limitations: Canada, DPRK, Ethiopia, Iran, Iraq, Serbia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, United States of America, Vanuatu, Yemen Office address: 75 Abate Rigord Street Quantum House Level G (office 1/1129) Ta’ Xbiex XBX1120, Malta | Token infoTicker: BCNAType: Utility-token Token price in USD: 1 BCNA = 0.12 USD Accepted currencies: BTC, ETH, LTC, BCH, DASH, Fiat Token distribution: 60% - allocated to the ICO 15% - locked for the team, founders, and advisor 15% - reserved for future business development & market expansion 10% - reserved for the marketing campaign Funds allocation: 40% - product development 30% - communication and marketing 20% - unexpected operational costs 5% - legal costs 5% - unexpected costs |
BitCanna Roadmap
Update BitCanna Mobile with additional functionalities:
Update BitCanna Mobile with additional functionalities: