Tag: Passive
Cardano IDO LaunchPad “Coollaunch” Records Buzzing Progress as it Sells Out Over 11% Of $COOL Tokens Within Days
Ukraine Demonstrates How Bitcoin Can Transform Developing Countries
Top Reasons Why Traders are Investing In Near Protocol ( NEAR)
The post Top Reasons Why Traders are Investing In Near Protocol ( NEAR) appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
The crypto market today is stuck in a sideways trade today. BTC is set to hit support at $42K, ETH hovers around $3.3K. In tandem with the market most altcoins trade in losses. However, defying the trend are alts, as they print significant gains. NEAR Price Action Since December 18, NEAR has been rising inside …
Heavyweight Bout of Crypto Exchanges: FTX vs Binance
Crypto Exchanges have come a long way since 2009. The market has seen the rise and fall of the fair share of crypto exchanges over the years. This evolution of the exchanges has led to the birth of some of the most technologically advanced exchanges that operate 24X7 across the year whilst handling billions worth […]
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Major City Investing One-Percent of Its Treasury in Crypto, Mulling Possible Bitcoin Tax Discount
Another major metropolis is jumping headfirst into the world of crypto by investing in the digital space and proposing discounts for citizens paying taxes in Bitcoin (BTC). Rio de Janeiro, the South American city of almost 7 million people, now plans to invest 1% of its treasury funds into crypto. According to Brazilian newspaper O […]
The post Major City Investing One-Percent of Its Treasury in Crypto, Mulling Possible Bitcoin Tax Discount appeared first on The Daily Hodl.
Panaswap Protocol Transforms The Automated Market Maker Space
TOKE.N Launches an Ecosystem with NFT, Marketplace and Metaverse
Over the course of the past decade, the world has seen a dramatic shift on several fronts, changes that affect millions of people on a daily basis. One of these has been the decreased stigma around marijuana, and the subsequent decriminalization and legalization afterwards. The other is the advent of cryptocurrency. Now, a project emerges that seamlessly links the two, dipping its toes into two burgeoning markets to create a remarkable product. That project is TOKE.N.
Created by the same team as the PICNIC Launchpad, Cheems Inu, MicroMachines / Warbots, and Metavault, Toke.n is the next step in a broad range of projects that will be tied together in a grand plan revealed later in this article. The primary developer, Scotian OG, has years of experience in the real world marijuana industry, and in the past year has built up experience delivering innovative contracts and projects on the blockchain.
This co-developer and partner, Inked Up, has serious experience delivering coordinated marketing, community organization, and overall project management, and the two have worked together for a long time.
TOKE.N offers multiple services and uses, but its core purpose is to offer a degree of transparency to customers that the new big-cannabis dispensaries and corporations cannot. Additionally (and equally important), it adds value for the cannabis farmers, processors, and retailers. TOKE.N seeks to return the personal nature of black-market cannabis transactions to the consumer, providing traceability, information, and a better overall experience throughout the process. Regardless of whether or not you are a casual consumer or medical patient, TOKE.N aims to restore some of the magic to the cannabis experience.
How will TOKE.N deliver these claims?
First, by using TOKE.N, the consumer will have access to information regarding where the product was farmed, the conditions it grew in, how it was processed, its genetic history, and much more. For a product as comprehensive of an experience as marijuana, people want more than an eye-catching strain name and THC/CBD percentages.
Companies that integrate with TOKE.N will have the ability to issue an NFT (Non-Fungible Token) included with the purchase of their product. This provides the company with an opportunity to directly market their brand, and adds value to the product by pairing it with a unique token that will have utility on the blockchain.
The NFTs
The NFTs available from cannabis packaging will be collectible, tradeable, and sellable. The first generation will consist of cannabis seeds that evolve into fully mature plants. Other collections will feature cannabis culture themed art and music.
For users outside Canada, NFTs can be purchased on our Marketplace or minted from our website. Users can collect sets of all strains from a grower, breeder, or region.
The Marketplace
The TOKE.N site will have both an NFT marketplace as well as a traditional online store.
The online store will provide a wide range of cannabis related paraphernalia and home growing supplies. It will be available internationally and accept TOKE.N and other crypto currencies as payment along with standard fiats.
In Canada there will be a federally licensed online medical cannabis dispensary where consumers with the proper medical documents can legally purchase cannabis and cannabis products from our partners. It is our goal to eventually accept crypto currencies for payment on this site as well.
In the past year, Scotian OG has obtained seven cannabis licenses from Health Canada for third party growers, and we have full confidence in obtaining the proper licensing for the TOKE.N project.
The Metaverse
TOKE.N will be integrated as the primary currency in a VR game called New Block City.
Players will be able to stake their TOKE.Ns and their collected or purchased NFTs on their own virtual farms in a borough of NBC called Agrestic.
The top 50 TOKE.N holders will receive free OG farms when the gaming platform launches.
NFTs will start as seeds and mature over time after the user plants (stakes) them. Seeds have genetic attributes and terpene profiles which affect their growth, yield, and value.
Users can “breed” two NFT seeds into one hybrid plant that will have genetic components of each seed. These hybrids can be more or less valuable then their parents on the marketplace. Each user creation will be unique and provide for varied gameplay over time.
New Block City Integration
NBC is an upcoming play to earn gaming experience. It will take place in a virtual open world city. Players will compete against each other for money, property, power and fame among five unique city boroughs. Successful players will master the New Block City economy and earn real wealth.
The Founders:
Agrestic — TOKE.N
Gotham — Cheems
Hawkins — MMAC
Springfield — MiniKishu
Charming — Picnic / MetaVault
Agrestic (TOKE.N) — Agriculture — The super-crop, hemp, is grown in abundance here. Hemp is used throughout the city for fuel, food, building supplies and medicine. Agrestic residents receive passive income from all legal city activity and TOKE.N is accepted city wide as currency for any transaction.
TOKE.N is not only its own powerful and innovative concept, but it is another step in the rollout of the New Block City metaverse, a crucial component in a cohesive plan. Wait and see what else is coming.
TOKE.Nomics
INITIAL SUPPLY 1,000,000,000,000
Presale: 20%
Liquidity: 60%
Burn: 20%
10% tax on all transactions
4% Liquidity Pool
3% Cannabis Start-Up Fund
2% Marketing and Development Fund
1% Burn
Public Presale: Monday, January 10 @ 21:00 UTC
PR Contact:
TOKE.N
https://thetokenproject.org/
The Sandbox Review: Have we missed the Boat?!
The Sandbox, a rising star in the metaverse ecosystem, positions itself as a play-to-earn virtual world where players can own, build and monetize virtual assets and gaming experiences. The project has partnered with many influencers, brands, and artists, the likes of which include Snoop Dogg, Atari, and Deadmau5. The Sandbox recently launched their alpha season […]
The post The Sandbox Review: Have we missed the Boat?! appeared first on Coin Bureau.
TradeSanta Review: Merry Trading or Mischievous Bots
Passive income is a dream that many people chase, and it is easy to understand why. We spend so much of our lives trading the hours that make up our lives for money, leaving many people looking for a way out, searching for the “holy grail,” of passive income schemes that will allow us to […]
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Top 9 Projects In The Solana Ecosystem: Huge Potential!
The performance of Solana in 2021 has been astonishing. Unless you’ve been living under a rock there’s no way that Solana’s rapid growth has gone unnoticed to you. Not only has the price of Solana risen, the whole ecosystem has seen massive developments. I have to say looking into it has been a thrill and […]
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FTX US Review: Crypto Trading for US Investors
Crypto exchange regulation has been frustratingly complex for crypto traders in recent years, being about as difficult to understand and navigate through as trying to play pin the tail on donkey while blindfolded and submerged in chocolate pudding. FTX have finally overcome what has felt like a bad dating show about who is dating who, […]
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