We have a premium partner at launch, and already since the private sale, all tokens are fully backed by 55% CBD Full Spectrum extract in a warehouse.
And we already started our customer strategy to get users on Board, that it will be used and redeemed by ordinary consumers.
We expect that around 50% of our token buyers will be consumers.

We want to establish a community defined pricing. That includes it needs to run on an exchange where it can be freely traded, and we also can see the changes. And currently, this is effectively only possible on crypto exchanges.
And to be able to do that, we need to activate the market. And the easiest to do this is to reduce the price to the lowest possible.
We will make money yes, but after the ICO, when we refill the burned (redeemed) coins every month on the exchange. Because we will refill it at the exchange price, and not at the ico price.

We believe this makes a fair pricing possible. And helps in improving transparency and quality on the CBD market.

If we really would like to enrich ourselves, then we would put the price to 50€, and not 16. that would still be 50% less.
And we would not run an ICO, we would just put it on Amazon as a shop.

And in my opinion, a Scam would be if customers do not get the value for their money. We have all the CBD certified by our partner and you can request your CBD anytime.
So its more save than any of this virtual coins that never had any real value behind.

As we have an ERC20 token, it can be used on any exchange that whats to list our token. There is no need for an own platform for that. One of the sweetness of it :-)

We want to enable a community defined pricing. meaning that when the coin hits the exchanges, new CBD is issued only to the price on the exchanges.
That is basically like if you as an end consumer could buy your products directly from the stock exchange.
For Example, Bananas cost in Europe in the supermarket about 1.20€ per kilo, on the exchange they cost like 20 cents...
So why not buy it directly from the exchange, and then get it shipped in a week?
That is what we want to enable.
Let the consumers directly participate in the exchange prices.

For this, we start with our first product, CBDF, that we distribute during the ICO for 16.20 per Token. For one Token you can redeem 1000mg of CBD Full Spectrum Extract.
And currently, this is valued at around 80-90€ per 1000mg. So we think its a fantastic price for the product... -80% below market value is not expansive at all.
And after it hit the exchange you can freely trade the tokens with other users without ever the need to redeem it.

Our first CBD Product is a Full Spectrum Extract with 55% or more CBD. Including the Full Spectrum we achieve more than 70%.
The Token for it will be called CBDF, and we issue it with 80% below the current market price to activate the market. And is available in private sale now.
Our Production partner for it is PharmaHemp, that is one of the top 8 producers worldwide.