CHERY - CBD business in the Asian market pegged Token for CBD buisiness -Business overviewCannabis (hemp) contains more than 100 types of cannabinoids, of which the substance THC (tetrahydrocannabinol)
is extremely psychoactive and can cause confusion, hallucinations and auditory hallucinations.
It is an ingredient prohibited by the laws of various countries.
Like THC, CBD (Cannabidiol) is found in cannabis, but it is safe and is being studied for medical applications.
According to the medical and biological academic database "MEDLINE", more than 1000 studies have been conducted.
Of these, there are about 100 diseases that have been published in clinical trials in animals and humans.
The WHO (World Health Organization) also acknowledges that it has medical effectiveness and is legal in other
countries and regions including Japan.
The World Anti-Doping Agency (WADA) has removed CBD from the list of banned drugs since 2018.
The IOC (International Olympic Committee) has approved the use from the 2018 Pyeongchang Olympics.
At the Tokyo Olympics scheduled to be held in 2021, it is expected that the number of athletes using it will increase
further.
It is already very popular in the United States, and the CBD-related market is expected to expand explosively
in Japan as well.
https://www.grandviewresearch.com/industry-analysis/cannabidiol-cbd-marketWe plan to produce CBD from cannabis farms in Asia from 2021 and consistently produce and sell beauty and cosmetics.
| Year | Outline of the plan |
| 2021 | Farm development in Southeast Asia (announced after confirmation because it is currently under negotiation) 1600 ㎡ planned
And commercialization of pharmaceuticals, beauty and cosmetics in Japan |
| 2022 | Completed integrated production by extracting CBD from cannabis produced in Southeast Asia and commercializing it in Japan
The area of the farm will be 3200㎡
Double cropping started (1600㎡) |
| 2023 | The farm area will be 4800㎡. Double cropping (3200㎡)
Started operation of blockchain-based tracking system |
| 2024 | The farm area will be 6400㎡. Double cropping (4800㎡) |
| 2025 | The farm area is 8000㎡ Double cropping (6400㎡) |
Pupose of CHERY Token1. Tokens that can be exchanged for CBD 1g for the purpose of expanding the CBD market
That is, by spreading tokens widely before future CBD production
The purpose is to secure demand when it is commercialized.
So to speak, it will be used as a voucher for CBD that will be produced and sold in the future.
The replaceable CBD is the highest purity and high quality CBD at the moment.
2. The funds collected by CHERY Token will be used mainly for the following purposes.
2-1. Securing farms in Southeast Asia
Currently, a farm is being secured in Southeast Asia, and details are under negotiation,
so it cannot be disclosed at this time.We will report after confirming the farm.
2-2. CBD commercialization fund in Japan
We are planning and considering CBD products with Japanese manufacturers.
The products already on sale will be introduced separately.
2-3. Development of product tracking system using blockchain
We are planning to develop a tracking system using blockchain during 2021.
With this system, it is possible to confirm the route from the farm to the hands of consumers,
and aim to provide highly reliable products.
2-4. Promotion for business development in Asia
We are developing "Cherry Swap" as a promotion for business development in Asia
Distribute CHERY as a governance token as a dividend to liquidity providers.
Incentive of CHERY TokenYou can get the following benefits by having a CHERY Token
1. Replacement with the highest purity and high quality CBD
1 CHERY = 1 gram of the highest purity and high quality CBD can be exchanged, and the lowest price of 1 CHERY
is guaranteed at the price of 1 gram of CBD.
However, in the case of soaring CHERY, it is possible to exchange for a few grams of CBD.
2. Replacement with products containing CBD
It is possible to exchange CBD products (beauty, cosmetics, etc.) that will be developed in the future for 1 CHERY = 1
product (product developed by a partner company).
By paying the shipping fee for the product, you can directly obtain it as a CBD / CBD product and consume it
yourself or outsource the sale to a dedicated EC site.
After selling It is possible to obtain.
Product price- (manufacturing cost + sales commission)
3. Obtaining dividends by owning CBD
CHERY will be paid a dividend by holding CBD for one year (using Cryptoharbor's lockup & mining function).
In the lockup & mining scheduled from March 2021,by holding for one year
We plan to pay a dividend of 1CHERY⇒1.4CHERY (annual interest 40%). After that, the dividend will be decided based
on the annual profit.
4. Exchange for other currencies on the exchange
Since it is listed on the Cryptoharbor exchange and other exchanges, it can be exchanged for other currencies.
Issue of CHERY Token| Token Name | CryptoHarbor Exchange Token for CHERRY Swap
Abbreviation CHERY |
| Token Simbol | CHERY |
| Types of Token | ERC223 |
| Maximum Issuance | 10,000,000 |
| Backing Assets | Premium Grade CBD Isolation Extract |
| Exchange rate | 1 CHERY = CBD 1g (Premium Grade) |
| Pre-IEO token Issuance Limit | 100,000 |
| Issuance Limit For IEO | 300,000 |
Post-IEO token issuance will be based on future CBD business revenue.
Expenses are planned to be used as follows
| Cryptoharbor operating capital | 30% | Cryptoharbor operation / CHERRY Swap development /
operation (pool, etc.) |
| Promotion etc. | 10% | CHERRY Swap dominant tokens, etc. |
| System cost such as tracking system development | 20% | System development and operation costs |
| CBD product planning and development | 10% | CBD product planning and development in Japan |
| Securing farms in Southeast Asia | 30% | Securing farm land in Southeast Asia |
Road map of CHERY TokenCryptoHarbor ProjectCryptoHarbor ExchangeCryptoHarbor Exchange is a cryptocurrency trading platform built from CryptoHarbor Project(
https://bitcointalksearch.org/topic/annno-icocryptoharbor-project-che-token-tokenexchange-4218177) and operated in Republica Moldova.
The first and strongest community-driven exchange.
CryptoHarbor Exchange:
https://www.crypto-harbor.com/Bitcointalk:
https://bitcointalksearch.org/topic/cryptoharbor-exchange-the-first-and-strongest-community-driven-exchange-ann-5201402CryptoHarborExchange(CHE)Concept of CHE
CHE is a cryptocurrency that will be used as common currency of CryptoHarbor Ecosystem.
And based currency at CryptoHarbor Exchange.
https://www.crypto-harbor.com/Specification: ERC223
Total Supply: 35,000,000,000 CHE
Contract: 0x376435eEF01EB51730F2f4e8F9C425B6912fa575
Decimals: 8
Bitcointalk:
https://bitcointalksearch.org/topic/annno-icocryptoharbor-project-che-token-tokenexchange-4218177Cryptoharbor exchange token2(CHEX)Concept of CHEX:
- Depending on the amount of CHEX that you hold, you will receive X% of the total exchange’s daily revenue from DEX(2019 Q2-Q3) and FX trading (2019 Q2-Q4).
- CryptoHarbor Exchange doesn’t hold CHEX (It’s not gonna be premined, not gonna be used freely by the exchange).
- Total supply is 18 billion. Only minebale from CryptoHarbor Exchange(Max.9 billion), DEX (Max.4.5 billion) and FX trading(Max.4.5 billion).
- We will create CHEX/BTC and CHEX/CHE trading pair(coming at 2019 Q2)
*Max rate of dividend is 80% from DEX and 50% from FX trading
Specification: ERC223
Total Supply: 18,000,000,000 CHEX
Contract: 0x4b103831a1a086cd99e3f40e1afe33276eb54009
Decimals: 8
Bitcointalk:
https://bitcointalksearch.org/topic/annno-icochexcryptoharbor-exchange2tokenexchange-5231553Links and ContactCryptoHarbor Exchange:
https://www.crypto-harbor.com/Website:
http://crypto-harbor.info/Whitepaper(ja):
http://crypto-harbor.info/white_paper.pdfWhitepaper(en):
http://crypto-harbor.info/white_paper_en.pdfBitcointalk(CHE token):
https://bitcointalksearch.org/topic/annno-icocryptoharbor-project-che-token-tokenexchange-4218177Bitcointalk(Exchange):
https://bitcointalksearch.org/topic/cryptoharbor-exchange-the-first-and-strongest-community-driven-exchange-ann-5201402Twitter:
https://twitter.com/CryptoHarborPjTelegram(channel):
https://t.me/CHalertsTelegram(group):
https://t.me/cryptoharborpjTelegram(tipping bot):
https://t.me/NageCHEDiscord:
https://discord.gg/bMR3r6xMedium:
https://medium.com/cryptoharborGithub:
https://github.com/CryptoHarbor/CryptoHarborExchangeReddit:
https://www.reddit.com/user/CRYPTOHARBOREXCHANGEFacebook:
https://www.facebook.com/Cryptoharbor-Exchange-240485693311746/Instagram:
https://www.instagram.com/cryptoharborexchangeche/Contact:
[email protected]
