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Topic: Is there a place for a cannabis-related altcoin? - page 2. (Read 379 times)

newbie
Activity: 238
Merit: 0
Recently we have seen some countries and some states in the United States of America legalizing cannabis. More of such development is what cannabis-related altcoins needs to strive in this gigantic crypto industry of mine.
newbie
Activity: 112
Merit: 0
maybe not cause it's mainly depends on the law and law is different on ever country. the good news is we have more opportunities and times probably things will start changing very soon but I don't want to give any fake hope so let the time gives the answer.
newbie
Activity: 238
Merit: 0
I think before investing we should do more analysis in this projecct. You will not incur loss if the laws of your country allows this project to carry on. Let's see what happens!
full member
Activity: 494
Merit: 120
In BTC we trust!
I think it using blockchain is cannabis industry will help to make it more transparent so cannabis coins must have future. Not all of them) But of course it is needed in a few more countries with legalize. I hope the time will change and this number will grow. For example Canada legalized MJ couple of weeks ago. So it is possible for some other countries to join this politics. I think it is good for all people when government understand that if they can't overcome it, they need to lead it! This statement relates not only to weed, but to the hole crypto industry.
sr. member
Activity: 536
Merit: 251
I'm investing in a few cannabis coins. It has already turned out very well to make money on them. There is a future for them or not, but in the investment portfolio of coins of this direction you need to have.
full member
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
Oh, I never thought that there are alts related to cannabis. I got a little intrigued so I did a really fast search of cannabis in the forum and I found a few alts though I'm not sure if some were implemented or just an idea. Anyhow, I'm not sure about the future of these types of coin/token since lots of countries out there haven't legalized the use of it even for medical purposes. This is still a trivial matter especially if you are in a country where the government strongly oppose the use of this kind of drug. But then again, they cannot do anything as weeds are rampant in any part of the world no matter how tough the laws against it.
newbie
Activity: 10
Merit: 0
This is actually a great idea. I actually don't see much of a point behind the idea of a cannabis related coin at the moment considering that it's still illegal in most countries but just the idea of it being a cannabis related coin would attract a bunch of stoners worldwide
member
Activity: 448
Merit: 15
I've heard at least two ICOs related to cannabis: Nuvus and Jibbit. I hope these ICOs do not make people think that through the cryptocurrencies you can only buy forbidden things like drugs or weapons.
newbie
Activity: 7
Merit: 0
Hi everyone, i'm somewhat new here so please bear with me Grin
First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement,  and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

I don't understand the advantages of specific coins for cannabis only. I think there should be one general currency being used and blockchain would be applied to cannabis platforms, that would make more sense to me.

But the same could be said about real currencies, yet we have hundreds of them. Plus, I don't think having different cryptos would be much of an issue, since there will most likely be some system to instantly convert every payment
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
Hi everyone, i'm somewhat new here so please bear with me Grin
First off, i'm not a crypto expert by any means, just a casual fan.
I've been interested in cannabis, as a hobby and a business, for a while but unfortunately the laws of my country (italy) don't allow much.
Recently a local company/start-up (Nativa) has partnered with an alt-coin (WIID) and that sparked my interest in that combination, which I had initially written off, and found other cryptos targeting marijuana (like PotCoin, Tokes and others).
I have invested in a really small amount on WIID because of initial excitement,  and now i'm wondering wheter or not this particular market has any merit to exist or not before I go any further, regardless of which crypto establishes itself.
What do you guys think?

I don't understand the advantages of specific coins for cannabis only. I think there should be one general currency being used and blockchain would be applied to cannabis platforms, that would make more sense to me.
newbie
Activity: 105
Merit: 0
It seems to me that such altcoins only complicate life for the crypto currency, as public services react negatively to this and begin to negatively treat the entire crypto currency.
hero member
Activity: 2996
Merit: 609
I don't think there will be any coin related to cannabis or kind of that is worth to invest.
cause there were too much shit coins related to them in the past. and they are no different from other altcoins,, I can' found any reason to invest in them instead of buying bitcoin or eth,
Would definitely say the same thing too which i dont even see a single coin that would be related to cannabis would really be worth of the investment and just same as you said they are no different into other altcoins in the market. They do represent something but doesnt really have any actual innovation that it would gives specially when it do uses up erc20 platform which is common.
Anything can be placed on any category you would choose up since creating a token for a particular niche wont really be hard for those who do know.
member
Activity: 322
Merit: 20
There is a space for everything in crypto, but I have some limits as to the investments I make and I tend not to go into any controversial coins since there are many.
newbie
Activity: 48
Merit: 0
I think there already was coin. Ganja or something like that. Maybe in future someone will create the better one.
sr. member
Activity: 1274
Merit: 252
I chose to avoid the name of a crime, but I never knew there was altcoin associated with cannabis, pornography and such, but because I prefer to avoid it so I do not know too much, but if there is any altcoin which related they will not publish it that they are linked to it, because it includes crime.
full member
Activity: 966
Merit: 102
I don't think there will be any coin related to cannabis or kind of that is worth to invest.
cause there were too much shit coins related to them in the past. and they are no different from other altcoins,, I can' found any reason to invest in them instead of buying bitcoin or eth,
full member
Activity: 462
Merit: 104
BUBO (another cannabis-related altcoin) was all introductory hype and eventually lowered it's value to i think 0.003? and at the least favorable spot of the coinmarketcap rating. But some says you just gotta hold and eventually (hopefully when the project is all set) it'll have a comeback.


BUBO is now worth $ 0.02, and it actually fell in price after IСO. But I believe that all projects working with cannabis, in any case will be on top. Cannabis is gaining popularity as a medicine, but as a drug it has been popular for a long time.
member
Activity: 350
Merit: 47
BUBO (another cannabis-related altcoin) was all introductory hype and eventually lowered it's value to i think 0.003? and at the least favorable spot of the coinmarketcap rating. But some says you just gotta hold and eventually (hopefully when the project is all set) it'll have a comeback.
newbie
Activity: 266
Merit: 0
Well, I don’t know there is something like that exist or not. But I think maybe it has no existence in the cryptocurrency market. I hope that maybe in the future will we able to see some altcoins like that.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Maybe. I have THC and Dopecoin, but its like their all time low right now. But still, i have hope for this coin, I hop devs  will not abandon this project. Cannabis related coin has future in my opinion.
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