Just wanted to jump in with a quick daily update on the project. We've had some great internal discussions on direction of the project as well as some early development on the mobile application.
Mobile PlatformThe mobile platform is designed to serve as both a portable tokes wallet, as well as a database with various cannabis related nuggets of information. One of the big challenges we face, in cryptocurrency as a whole, but also within our project, will the the onramps/offramps between fiat currency and the digital currency. One advantage we see to building on top of the Waves Platform is the potential for fiat gateways to increase accessibility into digital assets. However, pending a delay on those gateways, I've already opened a discussion on how we can incorporate a direct bank-to-tokes transaction. We feel it will be incredibly important for the standard cannabis enthusiast to utilize the currency, without the need to go through the sometimes difficult road of acquiring btc, transferring to an exchange, and converting to tokes, just to be able to spend it at dispensaries. We are working through the technical components of getting cash to btc, but we feel we can easily facilitate the transfer to tokes using a partner app like shapeshift. Finally, we have some early development work on UX/UI being completed, and we're hopeful to release some mockups for this content in the next week.
Merchant AdoptionWe've initiated conversations with all of the dispensaries local to us in Las Vegas to discuss the platform and early acceptance of tokes as a form of payment. We're seeing some mutual value due to the promotional benefits they could receive by signing on to the project, so we're optimistic on getting some agreements on early adoption. Part of this initiative is going to be assisting the dispensaries with accepting tokes, through both educational efforts as well as technological assistance. Our solution to the technology problem is a subsidy provided to those dispensaries that sign on to the project via a hardware package. With much broader adoption of tablet tech for POS systems, we plan on procuring a large supply of devices with the Tokes Platform app preloaded, which we can provide to the dispensaries free of charge. To this end, if you are a dispensary that would be interested in taking advantage of this offer, please reach out to me at
[email protected]MarketingWe're working on getting some additional press releases out, as well as cross promotion with Incent and Waves. We also just inked a deal with the folks at
BraveNewCoin to enhance our exposure through their media outlets. Keep an eye out for some promotional materials to come from them. We still need to enhance our presence in both the crypto-space as well as exposure to cannabis enthusiasts. We're looking for some additional adoption on the social media campaigns as well. If you think you can help out in these areas, please reach out to TokesPlatform here on BCT with info.
We'll be providing project updates here as items develop. Thanks for all the support!
And finally, approximately 4 hours remaining on the 24 hour bonus period. Some great benefits to getting in at this stage.