What is Cannabis Seed Token (CANA) | What is CANA token
CANA TOKENS VISION
Our vision is to do something that has never been done before, by creating a cannabis seed token that is redeemable regardless of the tokens value equivalent in Fiat currency.
This will give the assurance to our token holders that if they ever become displeased or dissatisfied with the value of the Cannabis seed token it will be redeemable for a seed that is held in our seed vaults.
This will prevent the CANA token being devalued to the point where it is worthless this will give protection to our token holders.
- Redeemable Tokens
- Seed Storage Vaults
- Tracking from Seed To Sale
- Cannabis Testing Solutions
- Cannabis Foundation
- Decentralised Growers Network
WHAT DOES CANA TOKEN DO?
Cana Tokens are redeemable tokens that are directly backed ONE to ONE to a cannabis seed using public polls to decide on the seeds we grow for redemption each cycle .
What makes our token valuable is the opportunity for the community to choose more potent and more expensive seeds through the community polls that we will make redeemable after each grow cycle has finished
You can redeem for seeds or exchange on a decentralised Trading Platform. Cannabis Seed Token will grow, store, test and distribute seeds to all corners of the world,
Cannabis Seed Token will keep creating seeds and adding them to the seed vaults until 12 million seeds are in them ready for redemption
REDEMPTION AND VAULT
Our target is to have 12 million seeds in the seed vault for redemption.
The selected strains will be grown by our team of decentralised growers and quality assured by our in-house growing team. On completion, the seeds will be analysed for viability and placed into a humidity and temperature controlled fire proof vaults.
This seed vault is a cumulative seed vault, with the capacity to store up to 12 million seeds. These seed vaults will only be used for token redemption’s and no other purpose.
the seed repository will display the seed numbers for each strain on our website, information about our seed repositories including current temperature and humidity. This will be fully view-able by the public. When a redemption is made this information will be instantaneously adjusted on our website via API’S to reflect seed levels in the vault.
the online section of the vault will display past redemption’s and quantities redeemed but not display the individuals details.
TRACEABLE FROM SEED TO SALE
The ultimate goal of CANA tokens is to be the all-in-one Cannabis seed solution .
our aim is to create a place where professional growers can trade genetics and sell seeds into our vaults and company for sale.
We will create a real seed to sale project where you will know exactly what nutrients , growing mediums , watering amounts , light schedule, THC & CBD contents of the seeds , you will be able to fully track from germination to to packaging and tracking to your door,
At the start of our decentralised growers network we will be personally signing up growers to help us with our cultivation that we will employ directly to work for us. after a number of successful harvests we will offer commission for each seed produced .
What is Cannabis Seed Token?
Cannabis Seed Token:
CANA tokens will be redeemable tokens. These tokens will be redeemed at a ratio of 1:1 for a cannabis seed.
Cannabis seed tokens are launching their ICO from the United Kingdom with a plan to expand into Spain post ICO for production.
The company behind CANA seeds plan on launching into the global markets and are currently registering in the UK as a limited company (application currently pending),
selling their cannabis seeds as well as keeping a seed stockpile for token redemption.
They plan on having a stockpile of 12 million cannabis seeds. This is the total number of tokens they have minted. They expect this process of stock piling to take 5 years, thereby having the facility to redeem all tokens in circulation.
They plan on opening the redemption process after their first grow cycle. One grow cycle is approximately 3 to 6 months.
The seed selection process for the token redemption is primarily going to be through official opinion polls, targeting the crypto and cannabis community.
Once the token has been exchanged for a cannabis seed, that token will enter the company wallet.
The company may trade the CANA token back onto the market depending on the current seed vault reserves.
Cannabis Seed Token is a Erc20 token redeemable for cannabis seeds grown by decentralised growers with community polls deciding on strains to be grown with inhouse testing facility’s and inhouse growing facility’s. cannabis seed token is fully backed to a cannabis seed. our company cana token limited will be audited yearly to prove seed vault accumulation.
Token Specifications:
Symbol: CANA
Platform: ERC20
Total Token Supply: 12,000,000
ICO presale date: May 7th, 2020
Planned end date: October 01st 2020
Accepted Tokens: ETH, BTC, LTC, BCH, XRP, XLM and many others
Minimum token purchases: 40 CANA Token
Token Distribution:
76% Distributed to Community
10% Founders and Team
5% Marketing and Loyalty
5% Advisers
4% Foundation
More Information::
☞ Website
☞ Cana Token Store
☞ Cana Forum
☞ Whitepaper
☞ Twitter
☞ Telegram
☞ GitHub
☞ Facebook
☞ YouTube ☞ Discord
Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE
Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!
#blockchain #bitcoin #crypto #cannabis seed token
