I think it would be a good idea to look in to a few marijuana coins. Some of them have actual ties to the industry so I believe they'll flourish as more states and countries legalize it. Check out a comparison I did: https://bitcointalk.org/index.php?topic=2658296.0

Now's the perfect time to get in to some marijuana-related coins, what with California's legalization about to kick in and Canada and Mexico to follow suit. Check out my thread to compare the different available coins: https://bitcointalk.org/index.php?topic=2658296.0

With marijuana popping up in the news so often and California's recent legalization, there have been a few big spikes in almost every coin with a weed-related theme. The problem is that not all of these coins actually have ties to the marijuana industry and are just trying to capitalize on the name. I put together this list to help everyone see the difference between each coin. My goal is to help investors make informed decisions backed by facts and real world relationships. For this list I will only be covering coins listed on CoinMarketCap. I'm also not counting "we want to be the top crypto for cannabis" as a tie to the industry, since almost every single coin says that. If I missed something let me know!

Please note that at this point I have had no direct contact with any of the developers regarding the status of their project(s). All of the information in this post is based off of what I could find on their websites and social media accounts. Percentage changes shown below are calculated weekly and are not meant to be viewed as completely up-to-date numbers; they're included to give a quick idea of recent performance.


Active Development = Technological updates or business-related advancements have been made by the development team within the past 3 months
Potentially Active Development = No updates or advancements have been made in the past 3 months but there is reason to believe an update may be coming
No Active Development = No updates or advancements have been made in the past 3 months

(Listed in order of release date, oldest -> newest)

Potcoin (POT)

• Active Development
• Announced: January 21, 2014
• Last update: February 8, 2018
• Ties to marijuana industry: Partnered with WeedMD, a Canadian medical marijuana producer. Sent NBA star Dennis Rodman on a promotional "humanitarian mission" to Guam, Japan, and China. Accepted as payment by Grizzly Seed Bank.

DopeCoin (DOPE)

• Active Development
• Announced: February 15, 2014
• Last update: February 11, 2018
• Ties to marijuana industry: Developing Smoke Exchange, an advertising platform for marijuana-related businesses, and Crypto Billings, a payment gateway to allow websites to accept crypto. Also working on being accepted by dispensaries.

HempCoin (THC)

• Active Development
• Announced: March 7, 2014
• Last update: January 26, 2018
• Ties to marijuana industry: Member of the Hemp Industries Association. Developing HempPAY, which appears to be a system for dispensaries to accept THC in-store judging by the graphics they've released.

Cannacoin (CCN)

• No Active Development
• Announced: March 28, 2014
• Last update: January 14, 2017
• Ties to marijuana industry: None. At one point it appeared they were setting up various web-based uses for their coin, including a smoke shop and a video chatting service. However most of the links found in their ANN thread appear to be dead.

Bongger (BGR)

• Potentially Active Development (see here)
• Announced: June 1, 2014
• Last update: Nothing since release
• Ties to marijuana industry: None. The dev stated that this coin was started to learn more about crypto, the marijuana theme was simply added for taste.

Sativacoin (STV)

• Active Development
• Announced: September 21, 2014 (takeover occurred on November 26, 2014, then a new thread was launched on September 24, 2016)
• Last update: December 26, 2017
• Ties to marijuana industry: Accepted as a payment method on the dev's marijuana-themed clothing site, topshelftoker.com

CannabisCoin (CANN)

• Potentially Active Development (tweeted on Christmas Eve that updates would be coming soon)
• Announced: October 19, 2014
• Last update: June 13, 2017
• Ties to marijuana industry: None. Intended to be used at dispensaries where 1 CANN = 1 gram of "Canndy," their own strain of medical marijuana.

HempCoin (HMP)

• No Active Development
• Announced: June 24, 2015
• Last update: January 7, 2016
• Ties to marijuana industry: Appears to be owned by a company that engages in medical marijuana business, Rocky Mountain Ayre Inc. Their idea was that 10 HempCoins = 1 share in their company.

Tokes (TKS - WAVES token)

• Active Development
• Announced: November 22, 2016
• Last update: February 15, 2018
• Ties to marijuana industry: Enables marijuana businesses to accept cryptocurrency and transfer money via the Waves blockchain. Also provides supply chain management in conjunction with TheraCann. Partnered with The Cannabis Hemp Exchange, Weyland Tech Inc, and Herbology Tours.

KushCoin (KUSH)

• No Active Development
• Announced: January 25, 2017
• Last update: March 4, 2017
• Ties to marijuana industry: None. The roadmap in their ANN states that they intend to partner with seed producers and dispensaries.

BlazerCoin (BLAZR)

• No Active Development
• Announced: April 4, 2017
• Last update: April 20, 2017
• Ties to marijuana industry: None. Was accepted in a seed sale that was met with mixed experiences.

Cannation (CNNC)

• No Active Development
• Announced: April 12, 2017
• Last update: May 12, 2017
• Ties to marijuana industry: None.

Growers International (GRWI)

• Active Development
• Announced: April 21, 2017
• Last update: January 16, 2018
• Ties to marijuana industry: Sells growing-related items through their website. Intends to offer numerous blockchain tools for legal growers, including seed-to-sale tracking and strain depository. Accepted on Austrian-based head shop Donau Life.

Marijuanacoin (MAR)

• Not Active Development (might be taken over by community)
• Announced: May 22, 2017
• Last update: June 26, 2017
• Ties to marijuana industry: None. The roadmap in their ANN thread says that in Q4 2017 they were going to start a crowdfunding campaign to fund their own grow facility and come out with merchant tools for dispensaries, but neither one of these updates appear to be in progress.

Paragon (PRG - ETH token)

• Active Development WARNING: ICO Class Action Lawsuit
• Announced: August 15, 2017
• Last update: December 5, 2017
• Ties to marijuana industry: Claims they will be opening an office building in Los Angeles, California that will rent space to legal cannabis businesses. Rent will only be payable with PRG.

GanjaCoin (MRJA)

• Active Development
• Announced: September 2, 2017
• Last update: February 7, 2018
• Ties to marijuana industry: Being developed by warehouse growers that say they plan to open their own dispensary (update: they say they will be applying for a license to open a legal marijuana shop in Massachusetts, USA). Also, after paying a $50 fee to become a "VIP," their website states you can exchange 1 GanjaCoin for 1 seed.

On the Radar (Active coins/tokens that have not yet been listed on CoinMarketCap)
GreenMed (GRMD), Perkscoin (PCT), Budbo (BUBO), Agro Tech Farm (ATF), MotaCoin (MOTA)

reserved

Could be the "officiaI" account where the L is actually an uppercase i. But even the real account is just a cash grabbing pumper that should be shunned along with Palm Beach.

Lol come on dude, even if the bounty hadn't been suspended weeks ago the main post still says it would have ended on the 19th. Hope you don't expect to get paid for any of this, cause they still haven't followed through on their promise to pay for week 2.

Every time Bitcoin goes down at all = BITCOIN IS DEAD

Every time Bitcoin starts going up again = ALTCOINS ARE DEAD

Maybe we could find a happy medium? I mean, Bitcoin obviously isn't going anywhere. The general public is still just starting to find out what "cryptocurrency" is, and most people aren't ready to look further than Bitcoin. The still relatively small group of enthusiasts will continue to go on about network fees and TPS and Bitcoin may not grow like it did over the past couple months, but it is absolutely not going away or being replaced. Yet.

No, no one has been paid.

Do bounty campaigns that pay in BTC/ETH ever work the way they're supposed to?

In the time I've been a member I've attempted to participate in 3 bounties that all claimed they'd pay out in BTC and/or ETH. The first one (FUNDCRU) was supposed to last 4-6 weeks with weekly BTC payments. I received payment for the first week, but then when it came time to be paid for the second week the devs announced that they were suspending the bounty campaign indefinitely. No payment was ever received for week 2, and they never locked the thread so some poor fools kept reporting their work all the way through week 6. The second one (Private City) claimed they'd be paying out in ETH. The campaign manager pretty quickly closed the thread after citing problems with the project dev and no payment was ever received. Now I'm on my third one, the infamous "C." In case you don't know what happened: the original bounty thread claimed that they would be paying out 15 BTC (or ETH if you so chose) over two campaigns. The first payout was supposed to happen on December 16th, but the dev asked for 72 hours to calculate all the payments which made the new deadline December 20th. As of now, no one has received any payment. They keep claiming they're going to post a BTC and an ETH address so people can check the payout transactions, but so far all they've done is add a little line or two to the post every day to maintain the illusion of updates.

I'm beginning to think that any campaign that isn't going to pay you with their own token is just looking to get free work out of people by promising something they never intend to deliver.

Lots of very impatient people who seem to think the lack of instant payment = scam... Just a few things that make me believe we'll be paid:

- Ehrhc is still posting and providing updates rather than disappearing like most scammers would
- I've received multiple PMs regarding my participation in the PR campaign (as recently as yesterday)
- The second bounty thread. Why would someone bother setting up a bounty that's supposed to run until Dec 31st if they're going to scam people out of a payment on Dec 19th?
- The nature of the ANN and bounty threads. If you check the donation addresses they clearly didn't get as much as most scam coins/tokens do. If they wanted more money, all they'd have to do is set up a cookie-cutter ICO where most of the tokens get dumped. Instead they chose a style that was clearly off-putting to a lot of people, but very intriguing to many more.

Not to mention the large number of users that took part in multiple campaigns each... So I'm choosing to wait patiently for now, though I'll be happy to take up a pitchfork and torch if nothing happens over the next couple days

"One click" miners are never better than ccminer. Often times they exist only to grab an extra fee from people who are too lazy to set up ccminer themselves.

Quoting this for the people above me who clearly didn't read the updated main post 

I think it's highly unrealistic to expect the death of net neutrality to foster the growth of smaller ISPs. As it stands, many ISPs already have "monopolies" since so few of them actually choose to compete with each other. There are plenty of areas around where I live where your only choice is either AT&T *or* Charter, not both. These bigger companies often own various construction rights and things to prevent competitors from digging/building the required infrastructure to provide comparable service. Heck, Comcast and Verizon are even fighting legal battles all the time to stop cities from setting up their own municipal broadband. So now they can charge customers even more to fuel their legal/permit battles and make sure no real threats ever rise.
That's completely irrelevant now. No matter what speed you're paying for it will be legal for them to throttle you unless you give them what they want. If they decide they don't like what you're doing, they could even block you completely. That's why I'm a little worried about mining; I know it doesn't use much bandwidth, but our ability to connect to pools and submit shares now depends on the whim of a few huge companies.

Link to my previous bounty campaign post: https://bitcointalk.org/index.php?topic=2494912.msg25557851#msg25557851

Join Form:

[Signature campaign]
Bitcointalk username: t3hpwnographer
Account URL: https://bitcointalk.org/index.php?action=profile;u=1221097
Rank: Member
Starting post Count: 149 (includes this post)
Date of Join:  December 15th, 2017 (joined first bounty December 1st, 2017)
Bitcoin address: 1KnN9eSFPRfXs515JhCqWGM19prjLx4M3q

[PR campaign]
Confirmed via PM: Yes, on December 6th, 2017
Number of emails sent during previous campaign: 20

Week 1 Edit:

[Signature campaign]
Post Count: 165

A lot of good points so far; it's easy to lose perspective when you are immersing yourself in something like crypto mining. It will be interesting to see if any ASIC miners in America report anything though, especially if they get their internet through smaller ISPs that have the time to pay close attention. I understand that it doesn't use a lot of bandwidth but let's be honest this whole ordeal isn't even remotely about anything other than milking every possible cent out of consumers. As soon as they get a whiff of any significant crypto mining profits I will not be surprised to see them go after it.

The FCC voted today to kill net neutrality which will now allow ISPs to throttle/block any traffic they see fit. I've seen a lot of people speculating that they're doing this to try to quash the rise of cryptocurrencies which they view as a threat to USD. Do you think it's likely that we'll see American-based mining pools and possibly even exchanges throttled? And if so, would that hurt or help mining for Bitcoin and other popular altcoins (ie would the decrease in total miners make the value go down since other miners now receive more, or would the drop in network hash rate result in more difficult mining and thus higher valued coins)?

I keep seeing huge amounts of BTC in the bids, makes it a pretty easy call when I'm trying to decide whether to buy more dope

I wish they would've locked the thread like they said they were going to... it's just getting sad to see all these oblivious people keep posting updates for a bounty campaign that no longer exists.

I've been getting payouts just fine every 2 hours for a couple days now. Are you using the correct wallet for the currency you want to mine?

Bitcoin is the general populace's introduction to crypto, then when they delve slightly beneath the surface they discover Litecoin and Ethereum. I think there's a good chance they follow in BTC's footsteps somewhat, though probably to a lesser degree.