Post
Topic
Board Announcements (Altcoins)
Re: [ANN] California Coin | IPO | 1,400+ Replies| 3,800+ Votes on SwissCEX | AirDROP
by
JaxonBTC
on 25/05/2014, 23:54:18 UTC
Ok, I might need a little help or feedback from the California Coin community or the Dev on this one as it could potentially be a big deal for all of us:

I mentioned shortly after launch that I know some people that work at CA marijuana dispensaries here in Los Angeles.  I also know the owner of a marijuana  edible company that is currently trying to get product in new dispensaries.  What I'm trying to negotiate and it seems promising so far is to get them on board with California Coin in this way:  Certain of the edible products would be promotional loss leader products as in sold at a loss if the buyer uses California Coin's for the purchase.  I think this could be huge because it would give the coin real world value and raise awareness in that people that like edible would want to learn about California Coin to save on their purchases.  Also, something like this would almost definitely get California Coin some media attention which would only help our cause to become more mainstream. The dispensaries would accept and hold California Coin as an investment asset until they want to trade it for BTC then fiat. I think once a couple of dispensaries do it and it becomes a "thing" more dispensaries would start accepting it hopefully creating a domino effect.  Also California and marijuana share a long and well publicized relationship ie. Emerald Triangle, Humboldt, etc... so this could be an appropriate first step.

 I think I can make this work but am asking for feedback in regards to how many coins would be enough incentive for the involved parties to take the risk.  I've already voted as many times as possible to get us on an exchange and have sent .045 BTC to swisscex to help make this happen.  I am dedicated to this coin and making it a success in what ever way I can. 

PM me or reply in this thread

One merchant is all we need to create that domino affect man do what ever you can in your powers to make sure your buddies companies get on board with this coin. Just remind them about how high the gains were with BTC and anyone would get interested in holding onto a coin once it's so early the value only has one way to go and that's up.

The good news on this project of mine is that the vendor of the edibles is totally onboard but as it's a medicinal marijuana product it needs to be sold out of a dispensary.  So getting the actual merchant on board is the part I'm negotiating.  I feel like it's more than half way there.  I've suggested the vendor sell his product on consignment to minimize risk to the dispensary.  I'll keep you all updated.  It's in the works and brewing every day.  I'm on it. Wink