Post
Topic
Board Announcements (Altcoins)
Re: [ANN]🔥[ICO] BitCanna [Cannabis Blockchain Powered by the Industry] bitcanna.io
by
mshiwank
on 13/09/2018, 12:44:46 UTC
What are you going to do with funds worth $3,000,000?
  • 40% of the collected funds will be reserved for product development
  • 30% of the collected funds will be reserved for communication and marketing
  • 20% of the collected funds will be reserved for unexpected operational costs
  • 5% of the collected funds will be reserved for legal costs
  • 5% of the collected funds will be reserved for unexpected costs


Product Development? Bitcanna is a mediator b/w the cannabis sellers and consumers? What product hen??

I just read the Whitepaper on their website, I believe if you do too, you'll find that Bitcanna is trying to integrate the local retailers on to form a Supply Chain of it exclusive products.
I have one question, you mentioned on your website - "In Phase 3 a trust and reputation layer will be integrated into the blockchain and a variety of applications will be developed on top of this layer." What exactly are the apps you are talking about here ?

to satisfy its users, a product will be created to facilitate various types of transactions. I think Bitcanna like that, will integrate retailers with Supply chain with exclusive products.

But many same projects seem to fail in their attempt to truly gain adopted by users, why would Bitcanna be different ?
The BitCanna Alliance: big partnerships; The current partners already have a total of more than 10 million unique visitors per month. These partners accept BitCanna, and actively encourage their community to use BitCanna, because this benefits both the partner and the customer.
In addition, BitCanna is supported by well-known international media partners, mainly Cannabis, so we have a seamless connection with the target group.

But this project is bounded to is nation only and then what makes  you think it is wise to invest in BITCANNA. Though the project is doing good, but for how long??
The answer to this is already given by the team in earlier comments. BitCanna has a community that consists largely of cannabis enthusiasts, this benefits the Governance & voting because it allows for decisions that benefit cannabis-related payments.