CanCoin: Token, Tokenomics, and Team

Marlon Kamdyn
4 min readOct 10, 2021

--

What is the CanCoin (CANNA) Token and how does it work?

CANNA is a cryptocurrency that serves as the foundation of the CanCoin ecosystem. Because it is the platform’s own currency, it can be used in a variety of ways. Shops and pharmacies can offer additional incentives to encourage CanCoins token payments, which will help the cryptocurrency reach widespread adoption more quickly.

Utilities for Tokens

Price reductions — CanCoin Stores are offering price reductions.

Prime Goods — By purchasing NFT, you will be able to take advantage of larger tired discounts.

Extra Goods — Buy one get one free bargains of the CanCoin variety are available.

Free Samples- CanCoin purchases the things and receives free samples of them in return.

Tokonomics

This is the address of the token: 0xcBed7180e61f82Aa9bBC1f59aFAA7D57faB588Ac

CANNA is represented by the symbol CANNA.

Decimal number: 18

420.000.000 units are available at a time.

circulating supply: 210.000.000 circulating supply

Model of Consensus: Demonstration of Reputation (PoR)

Platform:Binance Smart Chain (also known as BSC) (BSC)

Oracle Decentralized Services is a utility that provides decentralized Oracle services (DOS),

Tokens that are not fungible in a dynamic environment (NFTs),

Technology based on the Distributed Ledger (DLT)

What exactly is DOS?

It promotes itself as a decentralized oracle system that supports several heterogeneous blockchains, according to its website. Network asserts that it will deliver real-world data, events, and processing power to smart contracts in a safe and reliable manner that is efficient and scalable. about Network

Productivity agents can upload the production operation to the blockchain through a secure connection.

What are Dynamic Nonlinear Finite-Temperature Transistors?

In the context of blockchain technology, dynamic NFTs are non-fungible tokens that can be used to trigger a series of actions, often with the help of an oracle: for instance, they can stimulate actual events in off-chain systems, be prompted by real-world events, or communicate with other on-chain components, such as smart contracts and other NFTs

Token Distribution

Again, for token generation event, the percentage is 40%.

15 percent of the population

Is held in reserve and serves as a liquidity pool to regulate the volatility of cryptocurrency tokens.

Pre- and post-token bounty amounts to 5% of the total.

15 percent is reserved for the immediate team with vesting rights (20 percent of this for advisors before, during and after ICO)

Contributors and incentive parties who give assets, intellectual property, or services to the ecosystem will receive a 25 percent discount.

Team

Their team is comprised of industry experienced from the fields of fundraising, banking, DeFi, cryptocurrency, cannabis, and marketing.

Daniel Daboczy, Chief Executive Officer / Stockholm / Singapore

Daniel is a seasoned professional in the fields of FinTech and equity crowdfunding (he is the founder of Funded By Me), and he has assisted in the successful fundraising of more than 650 businesses. He also has a keen eye for marketing and understands what it takes to take a company to the next level. Daniel previously worked as an art curator in Sweden, where he organized several highly successful shows. He currently uses this experience to invent fresh NFT partnerships with new and seasoned artists working in the fields of music, art, and digital works.

David Bonnier and Amaury de Poret are a couple from France.

In 2005, David Bonnier and Amaury de Poret co-founded Enexis AB, which was one of the earliest cannabis investment companies in the region. They are also the company’s investment managers.

Their collective experience in the financial business and alternative assets totals more than 40 years, and their track record speaks for itself in this regard.

Hashtags: #TheCanCoin #cryptocurrency #blockchain #decentralization #DeFi #Cannabis

Learn more about the project:

Website: https://thecancoin.com
Twitter: https://twitter.com/thecancoin
Facebook: https://www.facebook.com/thecancoin
Telegram: https://t.me/thecancoinofficial
LinkedIn: https://www.linkedin.com/company/the-cancoin
Instagram: https://www.instagram.com/thecancoin

Authorship:

Proof of authentication : https://bitcointalk.org/index.php?topic=5359271.msg58149771#msg58149771
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1965346
BSC Wallet Address: 0x80225865f3A9B4244b46f151d0e0A0932B405139
Forum Username: morendx_77

--

--