Cryptos for cannabis is a great idea, but nobody has been able to get traction with dispensaries yet. Does your platform allow tracking of resources, to help with legal compliance, or is it pure currency, and how do you plan to get dispensaries onboard?
Hi DroidR17A,
PerksCoin won't be only for the cannabis industry. It will be used in any industry we can stuff it into to. In regards to traction, we are currently partnered with 2 POS companies which have a total network of around 1900 dispensaries in NA. We will implement PTP into their POS system and very soon you will be able to see dispensaries use PerksCoin for transaction and loyalty purposes. Also, keep in mind that many credit card payment solutions charge businesses around 6-10% in transaction fees off of the customer's purchase, whereas PTP will take less than 1%. So that's a bargain right there.
We also are partnered with 2 companies which provide POS solutions to other industries and retail chains like gas stations, restaurants, cafes, convenience stores and more. By 2020, one of our partners will have around 200,000 locations using their POS, and that's around 100 million possible PerksCoin users.
Financial institutions are also our main target, with our BD team already negotiating with 3 FI's.
PerksCoin will essentially be Bitcoin without the serious volatility, with it having an escrow service, with transaction fees taking less than a minute, and with you having the ability to recover your wallet in case you lose all passwords to it. It will also have a universal wallet. It really is a revolution. The cannabis industry will be the playground for us to perfect the development of PTP.
For more information, please read our whitepaper which can be found here:
www.cannasos.com/crowdsale-ico