Cannabis crypto-currency?steemCreated with Sketch.

in marijuana •  8 years ago 

So it seems like Tokes is the crypto for cannabis. The team has been developing this currency on the WAVES blockchain and the goal is to be the currency of choice for personal and business transactions for cannabis. It could be anything from buying at dispensaries to making larges purchases by businesses.

Their recent announcement talks about a partnership with a company that provides tours for people to different cannabis dispensaries. These agencies will then give 20$ worth of Tokes to the individuals which they can use towards purchases.

The question is: Why create a specific currency for this? Why not take payment of other currencies that are out there and well established today?

saasdasddddddddddddddddddddd.jpg

Please share your thoughts/comments, and thanks for checking out my post!

Be sure to follow @whatstrending for the latest trending topics.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

There's been loads of these and they're each as pointless as the last as none of them offer a single incentive over Bitcoin or indeed fiat money to anyone.
Dopecoin, Cannabiscoin, MaryJcoin, Weedcoin just to name a few. Every year in mid April they rise in price because idiots buy them thinking that bigger idiots will buy them on 4/20 because obviously that's what stoners do on 4/20, they spend their money on cryprocurrencies named after cannabis...

In my opinion this specific currency is created in order to develop the idea of disseminating the cannabis to all people that need it. As you know in the most countries the cannabis is considered illegal, so that is the way the things should happen. Using payments through other crypto currencies can be too risky anyway, though it is not that impossible...

Hola @whatstrending, upv0t3
Este es un servicio gratuito para nuevos usuarios de steemit, para apoyarlos y motivarlos a seguir generando contenido de valor para la comunidad.
<3 Este es un corazón, o un helado, tu eliges .

: )


N0. R4ND0M:
7664 3127 5935 1790
4501 9972 3232 8244
5352 8086 1507 7815
5362 1934 7495 9656

Congratulations @whatstrending! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!