WHAT THE CANCOIN IS ALL ABOUT

Jillian Wyatt ‘_MIG’
4 min readOct 10, 2021

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In the developing legal European cannabis sector, the CanCoin cryptocurrency is a legal cannabis token that is intended to reduce friction and increase revenue opportunities. It is backed by the investment and management groups of Technicorum Holdings and also the founders of Enexis AB and Daniel Daboczy. The CanCoin is a blockchain-based project that incorporates NFT and DeFi features to address significant market concerns. The CanCoin automates payment and processing, inventory management, health monitoring, medical cannabis cards, and monitoring from seed to shelf by utilizing blockchain technology. For additional details, please see: https://www.thecancoin.com/ (Canadian cryptocurrency).

The CanCoin project has certified that its coin will be successfully minted on August 22, 2021, as previously announced. This marks the beginning of the 100-day fair launch project roadmap, which will use a whitelist and inverse auction style token exchange approach to conduct the fair launch itself. In combination with token farm pools, where players can stake their tokens in order to receive additional benefits, this will be implemented. The CanCoin token ticker, abbreviated as CANNA, is now available to the general public. The CanCoin has a total token supply of 420,000,000,000, with 210,000,000 tokens now in circulation, according to the token supply chart. In addition to being listed on the Binance Smart Chain, the CANNA token is also listed on the KingSwap and PancakeSwap DEXs, and runs on the BEP-20 and BEP-1155 token standards.

Our project team has created a reverse auction program and farming pools in order to enhance overall project development, sustainability, and the achievement of our targets as quickly as possible. Holders of presale tokens can now place an option of selling CANNA Tokens at any price they like.

It is the goal of the CanCoin project to raise funds for a variety of activities that are part of the legal worldwide cannabis supply chain. There are several components to this, including the use of CANNA as an industry token, economic seed-to-shelf similar technologies, DNA software storage and similar technologies, the advancement of a monitoring platform for medical cannabis patients and secure medical ID cards for cannabis patients, the funding of new payment gateway remedies for cannabis products, and the institution of the cannabis industry norm and currency for payment systems and processing..

When it comes to cannabis regulation, while the rapid development of the sector has corresponded with a diverse variety of legislative revisions at the municipal level, there is a dearth of coordinated legislation at the national scale. This project is based on the premise that historically negative stigma connected with cannabis has led to a lack of cover from multi-national providers, such as banking institutions, software suppliers, monitoring systems, and other similar organizations.

The CanCoin project was created to serve the multibillion-dollar legalized marijuana market, which includes sectors like healthcare, pharmaceuticals, fast-moving consumer goods, and industrials, among others. The legalization of cannabis is now spreading at a rate three times faster than in North America. It is estimated that over 375 million Europeans currently have access to medical cannabis, and that number is likely to grow rapidly over the next five years, with legal cannabis sales forecast to increase from $30 billion in 2020 to $95 billion by 2025.

The aim of CanCoin The mission of CanCoin is to remove friction points that really are currently hurting participants in the cannabis sector. Other cannabis-related tokens will be differentiated by the fact that it will offer a complete blockchain-powered cannabis solution that incorporates five primary technologies: blockchain; artificial intelligence; smart databases; automated incentive tokens; and a smartphone application.

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.

Contact With Us:

Website: https://thecancoin.com/

Twitter: https://twitter.com/thecancoin

Facebook: https://www.facebook.com/thecancoin

Telegram: https://t.me/joinchat/HJKFSURmgGQzMTM1

Author :

Forum Username: @jillianwyattw01

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2280625

Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5359271.msg58145697#msg58145697

BEP-20 Wallet Address: 0xDFAF9F31486691Dcd3ED4bfB033A4954666f553B

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