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Waiting for more information.

I think that it is a very wonderful project.
I want to know details as soon as possible.

will this be a ico? or are you starting this coin without collecting money?

hope you stay active now and  succesful start this project ;)
good luck!

We promised alot of people affiliated with us already that they'll be able to buy more than the amount we're donating to them at the launch. We're giving each dispensary 50k, and some are bigger than others and want to have a bigger share.

hm, i heard somewhere about cannabiscoin and etc. Why do you think that this sphere need blockchain technology? Or you just wannamake your own token?

I think it is a very innovative project!
I look forward to your future success

Marijuana is now legal recreationally in Los Angeles, but it's Federally illegal, so Banks don't work with dispensaries. So, they need crypto currency to help with payrolls. There is gonna be such a deep market, and so much liquidity, that they're gonna be able to use it for payroll for employees a little down the line. Also, I happen to have SEVERAL connections in the LA Dispensary industry. There's alot I'm planning on doing with this, I'm excited for what's to come.

is this currency aimed to distribute weed? hasnt there been at least 5 of them last year

More detailed info is appriciated

Might look interesting but once all info are out, decision will easy on investment.

Dispensaries are already using The Hemp Coin (THC), Dope Coin (DOPE), Cannabis Coin (CANN) and other small weedcoins as a currency. First mover advantage has been claimed by these coins.

What problems will your coin solve that is not already solved by the incumbent coins above?

What is your unique selling preposition?

How will you differentiate yourself from other weedcoins?

IMO this niche is already well served by existing coins and it will be really interesting to see what additional value your coin will add.

My niche is this, all these other weed coins are based out of all the crazy places where they have no access to weed. I LIVE in LA . I have friends here in LA. I've never seen any of those coins being used ever at any dispensary. my coins launch is gonna have over ten dispensaries on board. That's gonna be ground breaking. Marijuana is legal now. It's the next huge industry, and Bitcoin is also the next huge industry. So we're getting real world use out of coin, and it's on the ground in the actual industry itself. It's gonna do very well.

Token for weed... This probably one of the most stupid projects I've seen last time.
Even your project is based on the 1 person only. Are you really going to make everything alone? And again, I can't understand the idea of project. What is it for? Token to buy weed or what?

So don't take part in it. And I have other people working with me. The coin is basically just to get all of LA's dispensaries using crypto. The marijuana industry is mainly made up of younger people in their 20's and 30's and  every single person i've spoken to has been extremely interested in the project. The coin will eventually be pegged to a gram, but in the meantime it's being launched because I have an  amazing opportunity i've been afforded  :D

If you read my interview with cointelegraph, which is linked above, you'll understand why I think crypto & marijuana are a match made in heaven.

There isn't any crypto in dispensaries over here in Los Angeles, so i'm changing that.

Have any specific dispensaries agreed to use your coin? Can you post a list of any that have?

There will be a list posted closer to the launch date, we're still in talks with lots of possible connections. But it's already looking VERY VERY VERY good!! This project is already seeing ALOT of success!

Also, as I updated the original post above, we're looking for one more dev to help out with a few things. Specifially looking for someone with experience regarding wallet design/compilation, and mobile app experience. DM me if interested.

Woh.. awesome one. Then I think I should give it a try.
Thanks for info.

I don't personally smoke myself but I know many who do and I also live near LA.

If you end up having a more solid list of dispensaries come closer to launch I might be interested as well.

So is this a PoW/PoS coin?

Is new licensed product in LA ,,,I am Waiting for more info

Yes PoW/PoS

Oh new cannabis based project. Waiting for more information about this project. But I guess this project will be more applicable in the side of North America where in the cannabis is already legalized. I will bookmark this platform.

Yeah, LA is definitely my focus right now. After we get rooted in LA, other cities and states will follow suite.

This project looks promising! I've known Jahvinci for years and I can tell you that he is the real deal! This project is going to happen!  ;D Very excited about April!

Thank you FireRabbit, been a pleasure working with you over the years!

Is there any official  pool for mining  this coin?

There may very well be an official one, let me get back to you on this shortly.

i see alot of hard work and intellect put into this project but it still is missing many aspects and even a soft launch would help it out! the cannabis industry is still growing and with some good PR im sure you could make a few tight bonds and possibly get this project up and off the ground and push it to a new level!
but honestly time is never a good friend of smaller projects and it seems always to suppress them and punish them , and that is unfortunate...
so in the last words..... unfortunately bigger is better in size wise of a project  giving it a better chance of survival...
over the last 9 years this has been proven time and time again...
this is just a word for thought and my perspective based on times passed and present!
any idea when you will be letting go of the source? and what advancements will be on the table in the near future?

hopefully this one makes it. 8)

Source code is available online: Github.com/Jahvinci/MotaCoin

It's actually live right now, you can mine it. We initiated a test launch yesterday. I have the Mac and Windows wallet available for download on the Discord Channel.

Here's where the project is currently at:
-Windows Wallet (complete)
-Mac Wallet (complete)
-Linux Wallet (complete)
-Raspberry Pi Wallet (complete)
-Android Wallet (85% complete)

-Block Explorer (Need this- working on it)
-Exchange Listing (Need this)
-ICO Escrow (Need this - still shopping around, open to suggestions)

Once the android app is finished, I begin demonstrating the coin to local dispensaries. I already have contacted a few who are interested in seeing the coin demo'd.

*Edit: Also for Linux Users, I put in a few bash scripts to automate the dependencies and compiling. Also put in a script to automate the mining install + activation. These are in the scripts folder inside the MotaCoin repo.

Posted.

hello, my linux skills need upgrading, ... meanwhile, is there a Windows binary?

Yes...currently only available through the discord link

Actually I lied, the windows and mac wallets are both available on the OP, and...
                                                      (Checksum's included in the folder)

got it already, thanks, looking for a miner ...

hi dev, i checked out your linux scripts, nice idea.... but you are linking everything statically to what is on your computer and it is still missing of few details in them.
like i said it is a nice idea but those that try the scripts will find themselves a bit strangled trying to get them to work when on a different machine and with different dependancies already installed while trying to use only what you put in the scripts....
not every linux user is able to decipher what is missing and you should actually link this to a few distros ,as only a few will work with those scripts, based on debian  aimed at ubuntu i presume!
slackware fedora BSD ext are absolutely outside of those scripts so informing the users would simply be better

I'm aware of it's limitations, it's there for the people who installed a fresh copy of Ubuntu. If you're using a VPN or something, you're gonna have to modify the script a little. There's been a number of people who have used it and it helped them, its just there to help out people who are new to Ubuntu or Linux. To run the script as is, you need Ubuntu. If you have a modification you purpose I'm open updating the script.

Cool looking concept. I like the general marketing strategy but would be interested in some more details on how that will work. Were you personally just planning on going from dispensary to dispensary and more or less doing a sales pitch? A referral incentive program may be good to implement, let the customers / owners do some of the marketing for you and incentivize their doing so. Getting customers to use the coin will be another important part, so perhaps encouraging them to offer discounts for people who use the coin to get customers to use it would be good as well (and would help offset the charges people new to the crypto world would run into). We will have dispensaries opening in my state this fall, so maybe I could help spread the word in this area :)

Having run a business before, I know my big concern would be the unknown value of what I would be accepting. My sales in USD are generally going to have a known value that I can track in my P&L, but all my sales in crypto could range anywhere from nothing in the future to a whole lot more. Not sure if there is anything more that can be done about that besides the 12% POS system, other than getting more and more established with clients.

What are the plans for ease of use? What does someone using this coin to purchase at POS look like to you?

*edit - also was curious about the initial rewards slated for mining. Based off the math it looks like it would take about 33 days to get to the 100 block reward. What was the reasoning behind that?

I grew up in Los Angeles, so I have many friends out here connected in the marijuana industry. In some cases I will be meeting with dispensary owners who have mutual friends with me, in those cases I will be expected when I meet with them. In most cases I will be systematically visiting the dispensaries, equipped with brochure's that outline everything they need to know. The pitch is relatively simple. The main things i'll be pointing out are as follows:

• No investment necessary, we are donating the coins to you.
• There is a 12% interest rate that accumulates on the MotaCoins we donate, interest accrues in MotaCoin.
• Transition to accepting MotaCoin payments is very simple. In order to accept MotaCoin payments, you will not need a new Point of Sale system.You simply print out a QR code on a piece of paper to enable retail transactions.
• It's an easy way to get started in the crypto world. No hassle setting up accounts to buy bitcoin, we're giving it to you.
• This investment vehicle reaches into both the Marijuana Market & The Crypto Market. Two birds, one stone. Both industries are blowing up.
• This is the very beginning, so it's a great time to join. Comparable to Bitcoin back in 2009 when it was a penny each. MotaCoin will be about a penny each at launch.

I like your idea regarding the referral program. I'm going to incorporate that.

Getting customers to use the coin won't be too hard. Part of the terms of signing on, is that 5-10% of the coins we donate to them, gets donated to their patients.
This could easily be done through paper wallets. Print out a couple hundred paper wallets, and give them to customers patients that spend more than 40$.
There will also be promo's where dispensaries will offer 5-10% off if the patient pays in MotaCoin.
There will be an android mobile app that scan the paper wallets and thus be loaded up with coins. People will enjoy the simplicity, and also be excited to part of this new technology.

The ease of use is a big selling point for us. If a dispensary wants to accept MotaCoin as payment, all they need to do is create a MotaCoin wallet (on any OS/Platform), and then print out the QR code for the receive address. This piece of paper with a QR code gets taped near the Point of Sale terminal. When accepting payments, they just have the customer scan their address. So, it's as simple as printining out a piece of paper, and taping it. That's it.

By the time a dispensary will be accepting payments in MotaCoin, there will be exchanges that will offer liquidity. We will have an exchange listed immediately after the ICO. The ICO will price each coin at about $0.01 - $0.03 cents. That's going to provide a baseline value. The value of MotaCoin will dictate the exchange rate to be applied when sales are made. Dispensaries will not be on the hook to accept large payments in MotaCoin, I am specifically protecting them by capping the amount they are obligated to receive as payment. Currently capped depending on the terms of their signing up (Gold - 100$ cap, Silver 75$, Bronze 50$, Copper $25 cap).
Dispensaries have the option at the end of each day to convert their MotaCoin into Bitcoin, which then may be converted to Cash.
It's worth mentioning that especially in the beginning, there's not going to be many sales they will accepting in MotaCoin. As MotaCoin and crypto gains traction, then sales will increase. But by that time, MotaCoin will be worth much more than a cent each.

Since we're not officially launching until after the token sale, we can't allow anyone to ninja mine the coins. However, we will need have a functioning coin before the official launch, as I am going to be demonstrating the coin to dispensaries in the meantime. To address this, I set the POW rewards to something small enough so that people can't complain and say its unfair. In this case, I set the POW reward to 0.00420 MotaCoins per block. This POW reward will be in place until the day of the launch, at which point the reward will be increased to 100 MotaCoins per block. There will be a total of 487 Coins released in the 4 week period before the official coin launch. Given the price of each coin, no one will complain about $5.00 worth of coins being released to miners in the 4 weeks leading up to the release.

If you need me to clarify anything, let me know.

Thanks for taking the time to reply. I can tell this project has been well thought out. I'd love to help in any way possible, although I'm afraid I wouldn't have much in terms of useful skills to give. I'll keep brainstorming and let you know if I think of anything else.

Hey thanks for the PM. I might buy some.

where do you plan to listing of this coin on exchanges?
this angles based marijuana, I see some of countries is not allowed marijuana. how it works?

reserved for translation in HINDI (Indian)

After the token sale I'm gonna apply for all the major exchanges. Luckily, several high profile exchanges trade potcoin. That opens the door for a coin like MotaCoin. If that shady ass coin is getting traded, MotaCoin will definitely get listed due to the fact that we're 100% legit, legal and honest. We're doing this correctly, and honorably. We finally have marijuana legalized in the USA, and Bitcoins public perception is finally no longer that of a ponzi scheme.

I tried to launch a few years ago, but between the legal issue of marijuana being federally illegal and the public perception of bitcoin being a scam, sunk that ship after a good attempt.

But now, with bitcoins boom, financial market inclusion, and overall public understanding finally gaining traction, the world is finally ready to begin accepting crypto.

Wow. Someone decided to point almost 600MH at this coin. Hope they are aware that the rewards are small right now and that the initial coin offering is going to only be 2-4 cents per coin.

I know! We were up to 2.2 GH! Prelaunch too! 8)

The very best marijuana project so far.  This will be a project to invest and save 10btc or 100eth for.  With the right outlined article by the developers to make us understand the worth and purpose of the project I think with will be a future bargain..  Good work developers and best of luck..

interested in this coin. with marijuana being legal it is going to be huge. I see articles how it is becoming the "new wine". I also live in a legal jurisdiction and it is absolutely crazy to see all the different types of people who use the recreational marijuana shops. I wish you luck and am awaiting launch.

Thank you! Please drop by our official announcement thread and leave your comment where it'll be visible!

Official Announcement @ :  https://bitcointalk.org/index.php?topic=3150167.msg32560127#msg32560127

Thank you! Please drop by our official announcement thread and leave your comment where it'll be visible!

Official Announcement @ :  https://bitcointalk.org/index.php?topic=3150167.msg32560127#msg32560127

Official Announcement @ :  https://bitcointalk.org/index.php?topic=3150167.msg32560127#msg32560127              thanks sir to this,hope good things all about it,will see,will follow and ill stay tune to this project ;)