[ANN] Cannacoin (CCN) | PoW->PoSV | No premine | No IPO - page 66.

tokyopotato

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Quote from: bitcoinwonders010 on September 15, 2014, 11:21:28 AM

Quote from: tokyopotato on September 15, 2014, 10:27:56 AM

Quote from: mxhwr on September 15, 2014, 07:43:01 AM

a question about price pegging would that mean you are gonna keep a price of 20-50cents per coin

Yes, we will redeem 1 CCN for 10,000 satoshis on the Cannacoin store: http://cannacoin.cc/store/

https://twitter.com/CCNProject/status/511535666564726784

i see you mentioned earlier this will increase slowly is that true 50 cents per coin or maybe 1 dollar

Yes, we will gradually raise the redemption value of Cannacoin on http://cannacoin.cc/store/

This is only the beginning. We have many projects planned for the future that we cannot discuss at this moment for many reasons. We are way ahead of the game.

Cheers,
Patrick

tokyopotato

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Jameson, tokyopotato, and Subcreative AKA James, Patrick, Josh

jw_industry

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nice coin!! Cool

tokyopotato

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Quote from: bitcoinwonders010 on September 15, 2014, 12:06:52 PM

should sell some cannabis on the store

Given the current legal regulations around crypto and Cannabis, it's important that we follow all of the laws.

We are actively engaged with many potential investors interested in turning CannaPay into a legally licensed crypto <---> fiat exchange.

Regulations are changing rapidly in both Cannabis and cryptocurrency, for better and for worse, so we must remain pragmatic and ensure the network is secure and our platforms are secure as well.

That being said, I will say that we do have plenty of people that are interested in exchanging their products for CCN.

Cannacoin

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RIP Phil 2015

Quote from: 8-bit on September 15, 2014, 12:19:34 PM

the limited supply of cannacoin is spot on! its nice to have a single coin hold some value

This supply and distribution was an important decision when creating Cannacoin. A lot of alternative coins and specifically other joining the Cannabis space in our opinion have too high of supply and too many daily new coins generated which will quickly devalue an investment or holdings(high inflation). We realize that BTC is aimed at being the new global currency and that CCN is targeted to a specific industry, with this in mind we we strategized a protocol that would allow for enough total supply (about ~1/2 BTC) while still providing enough daily reward to sustain the miners and a 10x faster network.

If the reward is not scarce the value is much harder to obtain, there are plenty of examples of this scattered all over the exchanges. These are not difficult concepts to conclude however, it appears that many coins did not think about this or used the large supplies as marketing gimmicks... once you see that, it becomes clear that the Cannacoin team has put a lot of effort and thought into this protocol and its future.

8-bit

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the limited supply of cannacoin is spot on! its nice to have a single coin hold some value

bitcoinwonders010

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should sell some cannabis on the store

bitcoinwonders010

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Quote from: tokyopotato on September 15, 2014, 10:27:56 AM

Quote from: mxhwr on September 15, 2014, 07:43:01 AM

a question about price pegging would that mean you are gonna keep a price of 20-50cents per coin

Yes, we will redeem 1 CCN for 10,000 satoshis on the Cannacoin store: http://cannacoin.cc/store/

https://twitter.com/CCNProject/status/511535666564726784

i see you mentioned earlier this will increase slowly is that true 50 cents per coin or maybe 1 dollar

tokyopotato

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Activity: 812

Merit: 1000

Quote from: mxhwr on September 15, 2014, 07:43:01 AM

a question about price pegging would that mean you are gonna keep a price of 20-50cents per coin

Yes, we will redeem 1 CCN for 10,000 satoshis on the Cannacoin store: http://cannacoin.cc/store/

https://twitter.com/CCNProject/status/511535666564726784

mxhwr

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a question about price pegging would that mean you are gonna keep a price of 20-50cents per coin

mxhwr

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Quote from: Cannacoin on September 15, 2014, 12:16:33 AM

What an amazing weekend in Seattle with the CCN Team! We have lots to share! Expect major news & announcements coming soon!

loving your work, great videos

mxhwr

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with only 3.5million in circulation we could be looking at nice gains here.

Cannacoin

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RIP Phil 2015

What an amazing weekend in Seattle with the CCN Team! We have lots to share! Expect major news & announcements coming soon!

tokyopotato

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Quote from: hybridsole on September 14, 2014, 01:37:48 PM

Amazing work from the dev team on all the great development...Cannacart, CannaDrive, switching to PoS. I am excited about where this coin is going.

It is a medical device for Cannabis patients to utilize high quality extracts of specific strains of Cannabis to treat different diseases and disorders.

http://iconosquare.com/thehotbox

hybridsole

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In Memory of Zepher

Amazing work from the dev team on all the great development...Cannacart, CannaDrive, switching to PoS. I am excited about where this coin is going.

tokyopotato

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Quote from: Normandoyle on September 14, 2014, 08:26:23 AM

Quote from: tokyopotato on September 14, 2014, 12:47:34 AM

CannaPay closed beta begins tomorrow. Open beta soon.

http://slides.com/joshdellay/cannapay#/

Please add CannabisCoin and PotCoin to Cannapay.

CCN will hopefully have a future, but CANN is unmatched.

https://twitter.com/CCNProject/status/511171509432225792

tokyopotato

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Have you ever wondered where the Cannacoin logo came from?

http://www.youtube.com/user/NWGreenThumb

tokyopotato

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Quote from: Normandoyle on September 14, 2014, 08:26:23 AM

Quote from: tokyopotato on September 14, 2014, 12:47:34 AM

CannaPay closed beta begins tomorrow. Open beta soon.

http://slides.com/joshdellay/cannapay#/

Please add CannabisCoin and PotCoin to Cannapay.

CCN will hopefully have a future, but CANN is unmatched.

Brother. Cannacoin has a future because we are our own developers. We do not hire coders to write for us. We do it ourselves. Notice the Cannacoin logo in the top right of this video that was produced 3 years ago:

We are growers:

http://www.youtube.com/watch?v=ztcvBJieKdM
http://www.youtube.com/watch?v=YHi_AsK4eYg

We produce and sell these dab stations:
http://www.dabstation.bigcartel.com/
http://cannacoin.cc/store/

tokyopotato

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Quote from: ?? on ??

Quote from: tokyopotato on September 14, 2014, 08:23:40 AM

Today we will be announcing our switch to Proof-of-stake officially along with the parameters and an ETA for this transition.

In addition, we will be announcing price pegging on our Cannacoin store and how much CCN will be worth on the http://cannacoin.cc/store/

This will be the first phase of price pegging for Cannacoin.

https://nwgt.org/showthread.php?21339-Cannacoin-Convention-9-13-9-14-Seattle-WA&p=301847&viewfull=1#post301847

1ccn: 1$ is maybe to much but with cannapay it can work, but 1ccn:20-50ct$ is at the Moment more realistic...

We will take a very realistic approach to price pegging. We will start low and work our way up.

Normandoyle

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meow

Quote from: tokyopotato on September 14, 2014, 12:47:34 AM

CannaPay closed beta begins tomorrow. Open beta soon.

http://slides.com/joshdellay/cannapay#/

Please add CannabisCoin and PotCoin to Cannapay.

CCN will hopefully have a future, but CANN is unmatched.

Topic: [ANN] Cannacoin (CCN) | PoW->PoSV | No premine | No IPO - page 66. (Read 188730 times)