We're realistically looking at $50,000 minimum to fund effort on the platform, which we essentially raised on day one of the ICO. However, our operation and application are scalable to the amount of funds we raise, so our production is only limited to capital. As an example, we can begin work on the mobile app on the technology side, and ingredient preparation for the CBD product we alluded to in the whitepaper at $50K. If we raise or exceed $5MM, we'll be able to look at full functioning grow operation through license or business acquisition. However, each 'tier' of capital we meet gives us higher potential in both facets of our project. I'll look into putting together an infographic on this subject, as it's come up a few times.

Stickers coming to a storefront near you...  as we're working on some partnerships with Las Vegas dispensaries.

This is our take on the "Bitcoin Accepted Here" logo... Thoughts?

Hi soloasi - just sent you a response.



Thanks c1oud. We're aware of this issue, and it's something Peter is working on resolving. All transactions on the blockchain are secure and will be properly accounted for. You'll receive credit based on the time you invested, so you won't be missing out on any bonuses or early round investment rewards. This appears to be an issue with the Waves API at the moment, but Peter believes this will largely be resolved by implementing the full node. We're keeping people posted on this in our slack channel. Feel free to stop by if you have further questions.

Added exposure through icocountdown.com - more to come.

Just wanted to jump in with a quick daily update on the project. We've had some great internal discussions on direction of the project as well as some early development on the mobile application.


Mobile Platform

The mobile platform is designed to serve as both a portable tokes wallet, as well as a database with various cannabis related nuggets of information. One of the big challenges we face, in cryptocurrency as a whole, but also within our project, will the the onramps/offramps between fiat currency and the digital currency. One advantage we see to building on top of the Waves Platform is the potential for fiat gateways to increase accessibility into digital assets. However, pending a delay on those gateways, I've already opened a discussion on how we can incorporate a direct bank-to-tokes transaction. We feel it will be incredibly important for the standard cannabis enthusiast to utilize the currency, without the need to go through the sometimes difficult road of acquiring btc, transferring to an exchange, and converting to tokes, just to be able to spend it at dispensaries. We are working through the technical components of getting cash to btc, but we feel we can easily facilitate the transfer to tokes using a partner app like shapeshift. Finally, we have some early development work on UX/UI being completed, and we're hopeful to release some mockups for this content in the next week.



Merchant Adoption

We've initiated conversations with all of the dispensaries local to us in Las Vegas to discuss the platform and early acceptance of tokes as a form of payment. We're seeing some mutual value due to the promotional benefits they could receive by signing on to the project, so we're optimistic on getting some agreements on early adoption. Part of this initiative is going to be assisting the dispensaries with accepting tokes, through both educational efforts as well as technological assistance. Our solution to the technology problem is a subsidy provided to those dispensaries that sign on to the project via a hardware package. With much broader adoption of tablet tech for POS systems, we plan on procuring a large supply of devices with the Tokes Platform app preloaded, which we can provide to the dispensaries free of charge. To this end, if you are a dispensary that would be interested in taking advantage of this offer, please reach out to me at michael@tokesplatform.org



Marketing

We're working on getting some additional press releases out, as well as cross promotion with Incent and Waves. We also just inked a deal with the folks at BraveNewCoin to enhance our exposure through their media outlets. Keep an eye out for some promotional materials to come from them. We still need to enhance our presence in both the crypto-space as well as exposure to cannabis enthusiasts. We're looking for some additional adoption on the social media campaigns as well. If you think you can help out in these areas, please reach out to TokesPlatform here on BCT with info.

We'll be providing project updates here as items develop. Thanks for all the support!

And finally, approximately 4 hours remaining on the 24 hour bonus period. Some great benefits to getting in at this stage.

Hi frostynug! Crowdsale is now LIVE. The project has some substantial differences to other cannabis-based coins. First and foremost, we're not simply targeting a digital currency. We're building an entire platform and application that will provide value for both businesses and customers in the industry. Secondly, we're undertaking a tangible terrestrial enterprise that will generate revenue and support the efforts of the platform and technology. More details available in the whitepaper Here



Also, 16 hours remaining in the bonus round.

A note for anyone making an investment with Waves - the API right now is being pulled from a lite node and can be a bit flaky, so your transaction might not show up immediately in the ICO portal, but you can be assured that all transactions on the blockchain will be accounted for at close. We're in the process of transitioning over to a full node soon, and expect a more responsive interface at that time.

To all the TOKES supporters:

We're very excited to announce that we've opened live access to the investment portal, with 30 minutes early access for anyone following this thread. You can now register your account by following the links in our opening post, or here: Tokes Investment Portal

Also, a couple of additional bonus items for investors:

• Investment with Waves receives a 5% bonus in TOKES at distribution
• The Tokes Referral Program: accessible through the ICO portal, every friend you refer that invests recieves a 2.5% bonus on their purchase, and you receive 2.5% of their purchase as a reward for referring them

Really looking forward to kicking off the crowdfund. As always, reach out with any questions!

Hey guys. We've released all of the escrow details a few posts back, but also have all of the specifics in our FAQ back on page 1 (post #3). All of our team details can be located at http://cannabisrevolution.us/#team

Looking forward to seeing you at launch today!

Hey all,

We've simplified and automated the process to sign up for the slack channel. You can now register at the following: Slack Registration

Hope to see you there.

The decision to pursue cannabis cultivation is both opportunistic as well as a work of passion. As a newly formed yet rapidly growing industry, we feel that there is tremendous opportunity to create products and services that fulfill various needs and create value, doing so as first movers. Coupling this industry with the cutting edge technology of blockchain and digital assets offers various competitive advantages over current operations in the field. We do additionally have deep enthusiasm for cultivation and the rewarding nature that growing anything from seed to harvest can produce. We have some experience in the area, but more importantly, we have a robust network of entrepreneurs already operating in the field. We'll release more information on this as we become comfortable announcing those partnerships.

It's important to remember that we're undertaking a huge initiative here. Our objective is to create a tangible cannabis enterprise that supports the tokes platform and tokes digital currency. That's more than most cryptocurrency projects can claim. We need to be strategic in our utilization of human resources. Having a botanist on the team at this stage is not realistic. After funding and procurement of licenses and facilities we'll undertake team building. That would include bringing on any specialists necessary to facilitate the growth of our operation.

I can appreciate your concerns, but hope you can understand the complexity and potential of the mission at hand. This is a significant opportunity for anyone involved in the ICO.

Looks good tosha566 - we'll put you down for the signature campaign



Once we're listed on an exchange, you'll be able to transfer your initial tokes via the Waves wallet.




PSA: we've updated the first page with escrow details in an early version of our FAQ. Take a look at post #3 for more info.

We are launching one of the first assets on the WAVES blockchain, the TOKES platform...

Announcement thread is here.

... and more information, ICO funding timeline and whitepaper are available at http://tokesplatform.org

Coming to a dispensary near you...

Great looking site! We appreciate the addition to the page. If you're interested in any additional information, please don't hesitate to reach out.

Exactly right gbdesai. We're going to be working closely with the Waves Platform and development team to implement the peg, but it will most likely be a secondary unit. The burden will be on us to communicate that mechanism with our retail partners, but we intend to undertake extensive community education efforts to assist with adoption.

Giovanni, we're in the final stages of completing our escrow agreement now. We'll be utilizing a 3-key multi-sig wallet, with two external third party signatories. As soon as we open our ICO investment management portal you'll be able to read the entire document.

Thanks Giovanni. It's been added and documented for the bounty.

Happy to help! We appreciate the questions pugilist555.