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Author Topic: [ANN][TKS]TOKES Platform | Empowering the Cannabis Industry  (Read 85780 times)
Cryptonite310
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February 08, 2018, 06:26:51 PM
 #1161

Tokes was recently featured on Invest In Blockchain as one of their top picks for coins sub 25 million marketcap.

Direct quote:

"Many investors are looking into making big returns on their initial investment. The coins currently ranked in the top 20 may not get you the 10x return you’re hoping to see.

Fortunately, there are many smaller projects with small market caps that still have a lot of room for growth and ultimately a higher market capitalization.  Seeing cryptocurrencies such as Litecoin grow a tremendous 8000% in 2017 alone makes you ask what the next booming cryptocurrency is. 

This article discusses 5 cryptocurrencies that are currently below the $25 million market capitalization mark which have the potential to grow and sustain a larger market capitalization in the cryptocurrency market.

Tokes Market capitalization: $7.4 million

Tokes is cryptocurrency project that I believe could have a big ROI (return on investment) in the future. Keep in mind that this token likely won’t see a 10-20x return within a month or two, but as a long-term hold, Tokes has a lot of potential to take off. 

To give a brief background on this token,Tokes is a Waves-based asset (it trades on the Waves decentralized exchange platform) that focuses on the booming marijuana industry. Tokes currently see a majority of its trading volume on Bittrex and the remainder on the Waves Decentralized Exchange. Tokes has secured big partnerships within the marijuana industry and looks to solve real world problems with the use of their token.

One of the features that makes Tokes interesting is that it aims to create a fiat gateway. Many marijuana dispensaries currently operate as cash-only businesses because of the non-acceptance of banks and the issues associated with working within the traditional financial system. Tokes looks to peg the USD to their TKS token on a 1:1 basis, meaning that US$1,000 worth of Tokes can be withdrawn as $1,000 in USD. This mean there is no risk of volatility. 

By operating in Las Vegas, Tokes chose a very good location to work on their project. The marijuana laws and regulations in Las Vegas are quite lenient compared to other locations in America. 

They commenced their pilot program better known as Herbology Tours with a partnership with Pisos, a marijuana dispensary operating in Las Vegas. The partnership provides an e-payment solution for the dispensary by using the TKS tokens. This is just the first step towards mainstream adoption as the team looks to expand to work as a point-of-sale system (a fiat gateway) in various other dispensaries.

The market capitalization of Tokes is roughly $7.4 million with a small circulating supply of roughly 1.5 million tokens in the market. As the marijuana industry continues to grow and see further acceptance, the Tokes project envisions providing a real-world use case to allow seamless, efficient and non-volatile electronic payments through the use of their tokens.

Where to Buy TKS
TKS is available on the following exchanges: Bittrex and Waves DEX.

Pros:

Provides a real world use case in a growing industry that has a lot of potential.
Secured partnerships with big players in the marijuana industry.

Cons:

Is only listed on Bittrex and the Waves DEX (volume is lacking).
Ambitious project that has a long way to go before receiving mainstream recognition."
I get that they wanted to peg tokes to the usd, but if they do something like a 1-1 ratio, and they sell if for about $3 (at the time of this post) than wouldn't you lose money if they peg it to $1?
Forgive me, I don't totally get this pegging thing with the usd.
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February 15, 2018, 06:10:24 PM
 #1162

Tokes Platform takes security very seriously. Please ensure any communication is from an official Tokes Platform channel and never give out your personal information or seed to anyone!

Twitter: www.twitter.com/TokesPlatform
Facebook: www.facebook.com/TokesPlatform
Slack: https://tokesplatform.slack.com
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February 15, 2018, 08:16:01 PM
 #1163

TheraCann International announces patent license agreement covering cannabis tracking and traceability.

https://www.newswire.ca/news-releases/theracann-international-announces-patent-license-agreement-covering-cannabis-tracking-and-traceability-674155703.html
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February 22, 2018, 07:00:20 AM
 #1164

Hello, everyone. Please tell me this coin is not going to be removed from bitrix. If not I have something I must buy.

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February 22, 2018, 09:27:30 AM
 #1165

TheRev: Tokes Platform Newsletter, February 2018

The team has been firing on all cylinders since the new year to make some big things happen in 2018.  This month’s newsletter will focus on our upcoming software releases along with ongoing business and partnership developments!  Without further ado, let’s begin the discussion of what’s been happening in the last month.
https://tokesplatform.org/therev-tokes-platform-newsletter-february-2018/

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February 23, 2018, 12:08:42 AM
 #1166

hello!
Does this coin have telegram, slack or discord?
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March 02, 2018, 10:16:33 PM
 #1167

Hello, everyone. Please tell me this coin is not going to be removed from bitrix. If not I have something I must buy.

Tokes is not getting removed from Bittrex. We have a great relationship with the exchange and have multiple clear use-cases for the token.
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March 02, 2018, 10:30:44 PM
 #1168

hello!
Does this coin have telegram, slack or discord?

Sure does, all three actually!

https://discord.gg/qcYW7sm
https://t.me/tokesplatform
Slack - https://tokesplatform.org/slack/#target=

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March 06, 2018, 02:15:52 AM
 #1169

Why TOKES Platform needs its "Blockchain"? Couldn't you create a platform where you could allow payments with anonymous coins such as Monero for a fee?

Just want to understand the project better. Thanks.
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March 06, 2018, 10:33:42 AM
 #1170

Tokes Platform was originally launched on the Waves blockchain following an ICO, following the same model as several other Waves based projects that started up at that time, such as Incent Loyalty, MobileGo and ZrCoin.
All Tokens are created in a single event shortly after ICO concluded.  So a part of the answer would be, that is what the project was built upon initially.  There are some technical advantages to being a Waves token, including very fast transaction time and very low transaction fees.   Plus the Waves  is always working hard on developing futher innovation.   That is something that will certainly benefit Tokes in the future.  Eventually, Tokes will be opening up the functionality of being able to use other cryptocurrencies in their payment systems.  So those bases will also be covered in due time.
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March 13, 2018, 08:29:20 PM
 #1171

When I was checking the charts, my eye fell on Tokes with more then +19%. Round 15:30 the price was even $3,8.
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March 13, 2018, 10:00:56 PM
 #1172

Tokes on Channel 13 in Vegas - Nov 2017

https://www.ktnv.com/news/tech-company-looks-to-make-marijuana-dispensaries-safer
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March 14, 2018, 01:08:23 AM
 #1173

This token is not listed in another exchange, is there any plan from the team to do that?
Price is still good despite the market dump but never seen this gathered big volume like some of the coins that pump.

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March 15, 2018, 12:50:06 AM
 #1174

The official announcement regarding Tokes and CHEX is out - https://finance.yahoo.com/news/tokes-platform-cannabis-hemp-exchange-110000101.html
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March 15, 2018, 01:00:51 AM
 #1175

This token is not listed in another exchange, is there any plan from the team to do that?
Price is still good despite the market dump but never seen this gathered big volume like some of the coins that pump.

There was an application sent to Binance and we're continuously looking to create liquidity opportunities for Tokes. If you have any suggestions please let us know.
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March 15, 2018, 01:32:46 AM
 #1176

One thing that is a consideration is whether or not a particular potential Exchange already lists any WAVES assets or not.   For example, we might consider Cryptopia, however they delisted all of the WAVES assets a while back because they were not willing to work with the WAVES team on keeping up with wallet updates.  So that one would be out.  Looking at where WAVES is currently listed can give you an idea who might be able to quickly integrate Tokes.


https://coinmarketcap.com/currencies/WAVES/#markets


 BITTREX was a good place to start because they haves WAVES and a few different WAVES tokens trading on their exchange.  
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March 19, 2018, 09:22:47 AM
 #1177

One thing that is a consideration is whether or not a particular potential Exchange already lists any WAVES assets or not.   For example, we might consider Cryptopia, however they delisted all of the WAVES assets a while back because they were not willing to work with the WAVES team on keeping up with wallet updates.  So that one would be out.  Looking at where WAVES is currently listed can give you an idea who might be able to quickly integrate Tokes.


https://coinmarketcap.com/currencies/WAVES/#markets


 BITTREX was a good place to start because they haves WAVES and a few different WAVES tokens trading on their exchange.  

Means Tokes will rely on a single market that is bittrex.
If bittrex removes this Tokes exchange it is very dangerous for the community.
Must be addressed this problem immediately.



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March 19, 2018, 06:29:44 PM
 #1178

There's other exchanges TKS will be in time. Liquidity is on our radar Smiley
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March 20, 2018, 07:36:48 AM
 #1179

One thing that is a consideration is whether or not a particular potential Exchange already lists any WAVES assets or not.   For example, we might consider Cryptopia, however they delisted all of the WAVES assets a while back because they were not willing to work with the WAVES team on keeping up with wallet updates.  So that one would be out.  Looking at where WAVES is currently listed can give you an idea who might be able to quickly integrate Tokes.


https://coinmarketcap.com/currencies/WAVES/#markets


 BITTREX was a good place to start because they haves WAVES and a few different WAVES tokens trading on their exchange.  

Means Tokes will rely on a single market that is bittrex.
If bittrex removes this Tokes exchange it is very dangerous for the community.
Must be addressed this problem immediately.
It's just that Tokes is very low in volume, it was a problem a long time ago and needs to be address but looking at the performance of this token
I have a feeling that it's one of the candidates for delisting.

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March 21, 2018, 01:58:25 PM
 #1180

TheREV March Newsletter is out!

Get updated on the Enterprise Resource Planning (ERP) software, get a glimpse at the upcoming mobile wallet and learn about the newest partnership that will see tokes and other cryptos available at a hardware kiosk:

https://tokesplatform.org/therev-tokes-platform-newsletter-march-2018/
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