bean (XCC) is an ethereum based digital token and one bean or 1 XCC represents 1 gramme of cocoa.
Cocoa is one of the world's oldest currencies and bean (XCC) is bringing back cocoa as a medium of exchange, store of value and unit of account to cocoa farmers who lack financial inclusion; physical cocoa buyers who lose money due to cross currency transaction costs/dealing with middle men; and everyday people that want to speculate on cocoa prices but can't afford the minimum trade on cocoa exchanges (~US$20,000).
www.bean.digitalbean(XCC) pre-sale is now live and our cocoa prices are discounted for the presale. Please note bean (XCC) is devised for smaller players and maximum purchase is under 10 tonnes. If you wish to buy more than 10 tonnes of cocoa, please visit a commodity exchange.
Prices on 14 June 2018
1 ETH = 297,325XCC = US$522.70
1 XCC = US$0.00175800891 g of cocoa = US$0.00234090 (using ICCO daily price from 1 tonne of cocoa expressed in grammes)
25% discount on cocoa prices via bean (XCC) on 14 June 2018