TheCanCoin Finished
TheCanCoin’s is a revolutionary supply chain disruptive innovation that increases the efficiency and transparency of Seed to Shelf tracking of the cannabis products and its derivatives.
Staking Token
N/A
Farming Period
N/A
Remaining Days
Finished
Total CCOIN Pool Rewards
N/A
Total Staked
N/A
Daily CCOIN Pool Rewards
N/A
CCOIN
Locked
Please login to buy CCOIN tokens.
TheCanCoin
>
TheCanCoin’s is a revolutionary supply chain disruptive innovation that increases the efficiency and transparency of Seed to Shelf tracking of the cannabis products and its derivatives.
Key Metrics
  • Ticker:
    TheCanCoin
  • Blockchain Network:
    Binance Smart Chain
  • Token Supply:
    420000000
  • Project Valuation:
    N/A
  • Initial Token Circulation:
    210000000
  • Valuation for Public Round:
    N/A
  • Total Raise (All Rounds):
    N/A
  • Platform Raise:
    N/A
  • Personal Allocation:
    N/A
1. PROJECT OVERVIEW: WHAT IS TheCanCoin?

TheCanCoin’s is a revolutionary supply chain disruptive innovation that increases the efficiency and transparency of Seed to Shelf tracking of the cannabis products and its derivatives.

We have dynamic NFTs, which unlock in store discounts for users, as well as bespoke promotions.


TheCanCoin represents a digital asset that supports users of medical and recreational cannabis, advocating a more aware general community to the many benefits of Cannabis.


2. A. GO-TO-MARKET STRATEGY

TheCanCoin team will be reaching out to Cannabis dispensaries across the world in different jurisdictions.
As such, we will specifically target geographical locations where cryptocurrencies and blockchain technology are not shunned, but embraced as a stepping stone to the future.

Cannabis Dispensaries will offered full or partial staking nodes in the network, increasing their capital and providing payment gateways for in store crypto transactions



2. B. PRODUCT VIABILITY

The Seed round has been completed with a majority of investors that are not crypto-savvy, who are willing to enter the world of crypto and legal cannabis. There are two main verticals with gaps that have substantial needs for the bridging TheCanCoin offers to both the industry and the end users, which triggers entry and mass adoption.


Other cannabis tokens on the market focuses on the “smoker” aspect of the cannabis vertical and does not aim to solve friction and issues within the legal and medical market. This strengthens TheCanCoin’s market position as it is a solution solely for the legal industry.


The fact that TheCanCoin is running on BSC (Binance Smart Chain) using DOS (Decentralized Oracle Services - Chainlink network) and Dynamic NFTs enables tracking and monitoring of the manufacturing and distribution process as well as quality assurance as it is uploaded to the chain. Real world events are retrieved by the DOS and stored on the chain - this gives full transparency and a viable go-to-market use case.


The purchase and processing process is also simplified through TheCanCoin’s solution and eradicates the need for complicated payment solutions and interference from financial institutions. In store purchases using TheCanCoin wallet will also trigger the users’ Dynamic NFTs and grant discounts and other benefits for end users. The BSC ensures low gas fees and fast and secure transactions.


The community built around TheCanCoin is backed up by strong influencer communities that are keen and eager to participate in bounty campaigns and to be a part of TheCanCoin community. Our mass media partners are ready to share our solution and make it widely available when we issue our tokens in August 2021.


3. PRODUCT ROADMAP



4. REVENUE STREAMS

Increased stakers in our POR (Proof of reputation) network by partnered Cannabis stores

Income from purchase of NFTs

Sale of NFTs and resale royalties

Token value appreciation

Fees from Fiat-crypto conversion in wallet

Marketing collaborations


5. PRODUCT DIVE / USE CASES

Augmented reality upgradable cannabis plants

NFT marketplace


Dynamic NFTs have uses cases in:

In-store discounts

Tailored promotions

Growing your cannabis plant like a pet


DOS has uses cases in:

Seed to shelf tracking

Transaction monitoring


Wallet Integration has uses cases in:

Fiat to DPT (TheCanCoin) convenient conversion

Payment with TheCanCoin in stores


6. TECHNOLOGIES USED AND CREATED BY THE PROJECT

TheCanCoin is developed atop Binance Smart Chain (BSC) which supports the BEP-1155 token standard.

Utilization of both Fungible and Non-Fungible Tokens (NFTs).

BSC is an EVM-compatible blockchain, allowing usage of smart contracts

Use of Chainlink’s Decentralized oracle services to “link” smart contracts to real-world events, payments and data. By being blockchain agnostic, Chainlink is able to connect different public and private blockchains in a singular framework, thus increasing interoperability among various other blockchains.

By integrating these systems, we unlock massive utility for users of our native digital asset - TheCanCoin. These include low transaction fees, fast transaction speeds, and access to a growing ecosystem of millions of users across countless Binance DEXs.


Decentralized finance opens up the concept of Distributed Ledger Technology (DLT), which can be applied to a number of industries such as Supply Chain and traditional finance. For TheCancoin, the use of DLT enables dispensaries to monitor operational transaction flow. This allows for a higher degree of transparency, which raises the level of legitimacy of the cannabis industry. DOS is used to track cannabis from a seed to the point of sale in the dispensary. Information on the manufacturing and logistical processes can be found on our blockchain, which can be segmented to prevent confidential information outflow to the global community. The use of a hybrid blockchain only reveals relevant information to the public.


TheCanCoin uses a Proof of Reputation (“POR”) consensus model. Authorized and verified users can stake their tokens in the network, thus generating more capital over time. However, this model is dependent on participants to keep the network secure, as only authorized nodes can sign blocks, and all blocks are verified. This is true by checking if the signer is on the authorized list. 


7. TEAM


   TECHNICORUM (SINGAPORE)    DANIEL DABOCZY (SWEDEN/SINGAPORE)          DAVID BONNIER &

                                                                                                                                AMAURY DE PORET (SWEDEN)



8. INVESTORS

The Investors of TheCanCoin are mostly people outside of the crypto world who believe in the greater good of a global standardized solution for the legal cannabis industry. David Bonnier and Amaury De Poret (the co-founders of Enexis AB, an investment company with more than 40 years of experience with plant based industry and legal cannabis investment) are founding partners and investors in TheCanCoin.


9. TOKEN ECONOMY

Only holders of TheCanCoin or customers of partnered dispensaries will be able to purchase TheCanCoin cannabis NFTs on our marketplace.


A staking system will be launched, which allows approved TheCanCoin holders to stake their tokens for attractive APY rates. APY can be increased by users staking their NFTs in the ecosystem.

By having a POR consensus model, only KYC-ed individuals can be approved to stake on our nodes. Allocation of staking nodes will be 40% TheCancoin team and 60% external stakers


A manual burn can be initiated as needed at the discretion of the founding team as required, and a portion of TheCanCoin allocated to the founding team for marketing or business development purposes.


10. DETAILED TOKEN METRICS
Ticker: TheCanCoin
Blockchain Network: Binance Smart Chain
Token Supply: 420000000
Project Valuation: N/A
Initial Token Circulation: 210000000
Valuation for Public Round: N/A
Total Raise (All Rounds): N/A
Platform Raise: N/A
Personal Allocation: N/A

11. TOKEN DISTRIBUTION



12. TOKEN RELEASE SCHEDULE

The token is scheduled to be released on the 22nd of August with four pre-sale periods prior to release date. Period 1 grants 100% extra coins, period 2 grants 75%, period 3 grants 50% and period 4 grants 30%. There will be a 6 month lockup period on the coins and ways to farm and earn liquidity for community members and contributors.


Seed sales: March - June 2021

Presales: July - August 2021

Private sales: July 2021------

Community sales: July 2021-------

Public sale: August 22nd 2021--------

Contributors: April 2021--------