1. Project Introduction
CannaChain is the world’s first blockchain engine for cannabis, intended to solve the industry’s problems of banking and payments, provenance and fundraising by using blockchain solutions. CannaChain aims to deliver secure payments, data on-chain, asset tokenization, and a complete, legal, and closed-loop cannabis ecosystem. CannaChain grants users the ability to benefit from value exchange, seamless transactions, and secure storage. CannaChain provides a decentralized and distributed peer-to-peer trust network, an efficient solution to the cash-payment problem, as well as an immutable, interactive, and traceable database network.
2. Token Info
- CNC Token has a total supply of 1.1 billion CNC, with 110 million CNC in circulation. Initial circulation will be 11 million CNC.
- 70% of CNC is used as incentives to reward community builders and CNCholders.
- 10% of CNC is allocated for the CannaChain founding team and for foundation operational purposes. These tokens will be locked for 24months.
- 10% of CNC is allocated for institutional investors for strategic investments. These tokens will be locked for 24 months.
3. Useful Links
- Official Website: https://cannachain.net
- English Litepaper: see attachment
- Smart Contract Address: 0xd47c54B18731Ef523498Ff44E5301041b231be7c
