Cbdoken ICO and Token Sale Review
CBDoken is a decentralized, blockchain based platform which is based around the industry of CBD products and specifically their supply and tokenization of these products. They aim to provide a token which is completely backed by CBD products whilst also removing a huge percentage of the unnecessary costs associated with the products by facilitating a more transparent and direct supply chain.
Project Outline and Objectives
CBD products are among the most popular in the world and have been shown to possess a number of positive health effects. Many are now used in the medical and fitness industries to great effect including hemp oils and others. This has been coupled with a liberalizing global view on the usage of such products. CBDoken aims to tokenize the industry in a secure and transparent manner using blockchain technology to the ultimate benefit of the end user.
The platform will engage is a “proof of burn” strategy and develop and infrastructure which removes up to 80% of the costs associated with CBD supply. This is mainly through the removal of third party agents. Each token will be fully backed by CBD products, and with the company introducing a widely transparent network of supplies and locations of such, the platform is sure to be widely used and trusted throughout the community.
- Start Date2018-09-01
- End Date2018-10-31
- Payment MethodBTCETH
- Total Supply750000