KushCoin is a multinational project seeking to implement blockchain innovation in the nascent and highly inefficient market of vertically integrated medical marijuana supply chains. The marijuana industry is at the mercy of disparities between local and federal jurisdictions, further compounded by strife in an uncommitted administration - and that's Canada, the situation is even worse in America and Europe!
KushCoin is the brainchild of a team of North American and European entrepreneurs heavily invested in the emerging marijuana market. This includes dispensaries along the North American west coast, leased farmland in Alberta and Manitoba, as well as publicly traded securities such as Canopy Growth Corp (TSX:CGC). We believe, as many of you do, in the potential of both the marijuana industry and the cryptocurrency revolution.
Industry outsiders underestimate the logistical difficulties faced by large vertically integrated companies such as CGC; from leasing farmland, hedging crop yields, transportation logistics, storage, delivery, and patient registration - all this before it even reaches a dispensary for the distribution phase! These intermediary steps involve dozens if not hundreds of third-party contractors, cross accounting and payment risk.
These operations can be completely consolidated and streamlined with KushCoin implementation.
KushCoin does not come with a premine or ICO. We are completely self-funded and believe that disrupting the marijuana space with blockchain technology will add value to the community as a whole, thus supporting our broad investments in the industry.
Why KushCoin?
Our cryptocurrency technology empowers both consumers and producers in the medical marijuana industry with an independent, decentralized banking solution.
Consumer Advantages:•
Anonymous Payments: With KushCoin, you don't have to provide your personal information or credit card info. This secures your privacy rights against the legal whims of future administrations and makes identity theft virtually impossible.
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Total Security and Control: KushCoins are protected by next generation cryptography - beyond current military standards. This ensures that no-one, including state actors, can unilaterally transfer your funds.
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Zero Transaction Fees: Decentralized blockchain technology makes zero cost transactions possible, with an option for including a "mining fee" to complete your transaction at a prioritized speed.
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Mobile Payments: Pay with the comfort and convenience of a dedicated mobile wallet (coming soon).
Producer Advantages:•
Borderless Payments: KushCoin uses decentralized technology, meaning that there is no difference in fees or limits. Whether you're supplying to the distributor next door or on another continent, your transactions cannot be censored and will complete near instantaneously.
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No Compliance Required: Receiving credit card payments online, especially in evolving legal environment like the marijuana industry, can be a an unsurmountable hurdle for small local businesses. With KushCoin, there are no PCI standard or any other compliance requirements.
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Zero Transaction Fees: Decentralized blockchain technology makes zero cost transactions possible, with an option for including a "mining fee" to complete your transaction at a prioritized speed.
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Protection Against Fraud and Chargebacks: Unlike Paypal or other popular methods of online payment, KushCoin is immutable by design and transactions are final and irreversible. By eliminating the business cost of chargeback fraud, your lean operation can focus on being more competitive.
GitHub:https://i.imgur.com/uAr3Pq3.pngCoin Specifications:•
Algorithm: X11
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PoW + PoS: Start End PoW 1 1,200 420
1,201 2,400 400
2,401 3,600 380
3,601 4,800 360
4,801 6,000 340
6,001 7,200 320
7,201 8,400 300
8,401 9,600 280
9,601 10,800 260
10,801 12,000 240
12,001 13,200 220
13,201 14,400 200
14,401 15,600 180
15,601 16,800 160
Total POW.......................................................... 4,872,000 Start End PoS 16,801 18,499 124*CA/365
18,500 19,000 124
19,001 21,000 20
21,001
Perpetuity 2
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POW Block Time: 72 seconds
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POS Block Time: 260 seconds
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Minimum Stake: 10 hours
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Maximum Stake: 30 hours
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Maturity: 150 blocks
https://i.imgur.com/tyktLM5.jpgDesktop Wallet:https://i.imgur.com/AmmzVcR.pngAndroid/iOS Wallet:Coming soon!
Block Explorer:https://chainz.cryptoid.info/kush/Social Media:https://i.imgur.com/mUfiu0p.pngUnofficial Telegram Group (Not affiliated with Kushcoin team!)https://i.imgur.com/HNwo0wu.pngOfficial Website:http://kushcoin.co/Website under construction
Exchanges:https://i.imgur.com/0PnpBFk.jpghttps://i.imgur.com/WcnPX8J.pnghttps://i.imgur.com/CMwmFYH.pngDonations:We're self-funding for now!
