Many people believe this 420 BTC is too much to raise but here are my thoughts on this issue:



The amount required for this idea is actually relatively small. I don't think this idea is very large. It's 1 small store.

In 2014, over $500,000,000 USD was invested into crypto/blockchain technology. In January 2015, $100,000,000 USD was invested into crypto/blockchain tech.

This idea is trying to raise $95,000 USD. I've learnt a few tricks/trade secrets on how to run a successful ICO and believe this money can be raised.




One thing that would help out a lot is if more people are interested in being public with @Joint Force and running the 2nd, 3rd, etc shops. If this idea works, it should be possible to run a 2nd and 3rd ICO so that new shops can be opened in other cities.




If this idea takes off, the support for the marijuana coins would become second only to bitcoin.

The BTC to marijuana crypto should interest lots of investors. Any investor without marijuana crypto will be able to get some using this ICO.

This idea if good and simple but there is one problem that I am running into when trying to do anything with other stores and crypto...

I think the biggest thing holding stores back is that they don't understand how to receive/keep/send/trade cryptocoins. I have been trying to get stores into accepting marijuana crypto for the past year without any success.



If a store is created, it could be used as a training platform not only for new users but for shop cashiers/managers. There could be some sort of free training program every month. 1 night a week for 4 weeks. Then repeat the next month. Crypto is extremely difficult to use and will require people becoming familiar with it over a month or longer.

cointelegraph is considered news?

1 CANN = 1 gram of CANNdy (Cannabis)

http://canndy.org/

At the moment, I just don't see a vending machine doing anything other than possibly creating a "pump n dump" and for sure losing all of the ICO money. No one knows how to use the marijuana cryptocoins so who would buy anything from it? The main point of the store is to train new users. Selling stuff is being used as a way for people to get their money back + extra.

After a year of training people, then a vending machine would make sense. Enough people would know how to use it and they could impress their friends by buying things from it in front of them.

Jyri, come back. I miss you.

The good thing about OC is that it's POS. Once the coins are purchased they are gone off the market. The coin doesn't really drop in value every day from new POW coins.

I'm still interested in a farmer selling oranges for OC.

The big flaw with this coin was that the website was too expensive.

Much like how devs work for free to develop coins and software, I think the owner of the e-commerce site should have worked for free.

Would running each wallet/miner in a different virtual machine with virtualbox prevent the effects of this kind of malware?

bitcoin boom = altcoin boom

This is the beginning of something huge. Investors are begging to invest/hire anyone that can program p2p blockchain technology.


Many devs like supporting coins with 0% premine and remaining anonymous. Other devs like to be public and run ICOs. Others support both. Buy up as many coins as possible! Don't let Venture Capitalists get all the coins.

 

#money is soon going to be cut out.

WAKE UP stop runnin down #money!


https://www.youtube.com/watch?v=M-0T5o46GBQ


Is that guy a genius?

This is my favorite wallet as of right now as well.

I might be wrong but I believe they are using the greenaddress.it open source code. The greenaddress code uses an electrum server. An electrum server that can handle a certain number of users would be the minimum requirement.

I'm not sure how much a vending machine costs. I haven't looked at that. Then you have to rent space. Then you have to modify it to work with other cryptocoins. It sounds extremely difficult and expensive. It seems more difficult and expensive than setting up a store.


Vending machines/e-commerce stores are the #2 step. Automated things that use cryptocoins can be build out once this proposed store has trained 10,000 users and had those users infect others on how to use it.

The #1 point of this store is training people on using crypto. Gaining millions of users.







I have tons of ideas and need more apprentices to do them. Anyone can steal these idea:

The idea I like more than a vending machine at this point is a community exchange place. I set up a store that is kind of like those "cube stores". But in this store anyone can pay to rent an empty cube/slot. Then anyone can pay to open the cube/slot and take the item. Over time the price of the item decreases and becomes free after 60 days. Of course the store can be also used to train users on crypto.


Another idea I like is a new style arcade/internet cafe. If someone has enough connections, they should be able to run a model where users pay to play -> money then goes to game developers -> money goes to site manager.



This ICO type model could be really powerful in spreading crypto throughout the world. If this all works then this "ICO -> real life application" could take off huge. It almost seems like a way of buying into a franchise from day 1, plus you are spreading crypto.

Yes, I believe @Joint Force is going to be public with his name/resume. I was hoping the store could open on 420. It's possible it might but maybe it's a bit rushed.

I agree. The post is too much to read and understand.

@Joint Force, you should make a video once you have figured out how this will all work.

We have no interested in having this as a "new coin". We can not figure out any other way for this to work without a new coin though. We will keep thinking about this issue. We want 100% transparency and a coin can do that for us. If a new coin is created, it will NOT be accepted for payment at the store. Ethereum looks like a good way for this store to operate without creating a new coin.

I'm starting to like the idea of this diagram below. Basically you give BTC and you will get back marijuana cryptocoins back at the end of a certain time frame.

This is a hard coin to get. Not many coins for sale.

One of the good things is the cryptocoins is that they can live forever if the code is solid. As long as there is to big serious flaw with the code, hempcoin should be able to live on forever.

I think Jyri Hovila attempted a crazy 256 hour coding binge that sent him to the hospital. lol jk

I don't know where Jyri is but there is no way he has quit on all this stuff.