Topic: [ANN] Cannabis Seed Token - Cana Token - Redeemable Token ☮ - page 3. (Read 535 times)
Looks Good , I will be certainly following this project , good luck .
What is Cannabis Seed Token?
Cannabis Seed Token:
CANA tokens will be redeemable tokens. These tokens will be redeemed at a ratio of 1:1 for a cannabis seed.
Cannabis seed tokens are launching their ICO from the United Kingdom with a plan to expand into Spain post ICO for production.
The company behind CANA seeds plan on launching into the global markets and are currently registering in the UK as a limited company (application currently pending),
selling their cannabis seeds as well as keeping a seed stockpile for token redemption.
They plan on having a stockpile of 12 million cannabis seeds. This is the total number of tokens they have minted. They expect this process of stock piling to take 5 years, thereby having the facility to redeem all tokens in circulation.
They plan on opening the redemption process after their first grow cycle. One grow cycle is approximately 3 to 6 months.
The seed selection process for the token redemption is primarily going to be through official opinion polls, targeting the crypto and cannabis community.
Once the token has been exchanged for a cannabis seed, that token will enter the company wallet.
The company may trade the CANA token back onto the market depending on the current seed vault reserves.
Cannabis Seed Token is a Erc20 token redeemable for cannabis seeds grown by decentralised growers with community polls deciding on strains to be grown with inhouse testing facility's and inhouse growing facility's. cannabis seed token is fully backed to a cannabis seed. our company cana token limited will be audited yearly to prove seed vault accumulation.
Team:
Ben Squires – co-founder and Creator
David Brown – co-founder and IT management
Miguel Santafé Díaz – business manager and economics advisor
Token Specifications:
Symbol: CANA
Platform: ERC20
Total Token Supply: 12,000,000
ICO presale date: May 7th, 2020
Planned end date: October 01st 2020
Accepted Tokens: ETH, BTC, LTC, BCH, XRP, XLM and many others
Minimum token purchases: 40 CANA Token
Token Distribution:
76% Distributed to Community
10% Founders and Team
5% Marketing and Loyalty
5% Advisers
4% Foundation
More Information::
Website
Cana Token Store
Cana Forum
Whitepaper
Telegram
GitHub
YouTube
Discord
The team will be available to answer any questions you may have,
please don’t hesitate to contact us.
Thank you
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