[ANN][TKS]TOKES Platform | Empowering the Cannabis Industry

[wanggq8877]

The development of advanced hemp cultivation and various facilities is of great importance. Legalization of cannabis and its use in medicine are very good.

[Cryptonite310]

Don't have the Fear of Missing Out with this coin. It's still Very small with next to no implementation in the Cannabis industry. (And that's a good thing)

This coin is still very small. Development is good, and there are already dispensaries out there starting to use this blockchain for trading funds between merchants because it's easier to deal with than cash, and a lot safer.

But this coin is still so small and has a lot of room to grow. So no fear of missing out. $7 right now. Under $10 is a steal if your in it for the long term. Under $20 if your a stoner in Nevada or Oregon, because in a year or 2. Youll have enough smoke to last you a life time. haha.

Welcome to the group.

[dairi]

a very great project, and looking forward to this great project to evolve and much improve in the near future. wishing you this project a big success. goodluck dev/team

[ders_a]

why this coin is needed when some 10 coins for same purpose are around? cann, pot, hem etc etc etc Why this one will survive? where is any usability for masses etc?

[Cryptonite310]

why this coin is needed when some 10 coins for same purpose are around? cann, pot, hem etc etc etc Why this one will survive? where is any usability for masses etc?

This coin is building a platform in which they can trade currency from farmers to dispensaries, to customers. Other coins focus more on the farming aspect, and pot coin is just a pump and dump coin.
If I don't mistaken, they already have a few dispensaries using the platform in Nevada, and Oregon.

[ders_a]

why this coin is needed when some 10 coins for same purpose are around? cann, pot, hem etc etc etc Why this one will survive? where is any usability for masses etc?

This coin is building a platform in which they can trade currency from farmers to dispensaries, to customers. Other coins focus more on the farming aspect, and pot coin is just a pump and dump coin.
If I don't mistaken, they already have a few dispensaries using the platform in Nevada, and Oregon.

thanks. agree about pot ok, lets see

[Ginzink]

It seems that the project is going well, and it will soon be effective, and we should support such a good project.

Good to someone positive. The recent fall in price is because of the general marked, but i did not really see alot of progress or activity on the token (which also explains the mcap).
But good news, when i sell something it usually does very well right after

[Cryptonite310]

This coin's development is slow, but my belief that is because less than half their work is coding the token, the rest is making deals, and talking with farmers, dispensaries, and legal associates or something to get past all that. It'll take a while, and it won't hit us all at one time. I see a steady growing market cap on this one.

[realcoinking]

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."

[Cryptonite310]

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.

[realcoinking]

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

[realcoinking]

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

[tribanogrami]

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

[semsyor]

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/

[johnyyy]

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

[realcoinking]

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.

[realcoinking]

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=

[btcbuyer555]

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.

[snowcrawl]

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.

[Sophia Portera]

When I was checking the charts, my eye fell on Tokes with more then +19%. Round 15:30 the price was even $3,8.