Blockchain Startup to Solve Cannabis Market Problems 

From this article you will learn how blockchain startup can solve the main cannabis market problems 
08 February 2018   274

Marijuana’s status as a Schedule 1 drug means state marijuana operations are federally regulated as illegal enterprises. Despite the obstacles, legal marijuana has managed to go mainstream on a state-by-state basis, transforming the way Americans view and use cannabis.

The main problem with the marijuana industry boils down to a states' rights issue. While numerous states have legalized marijuana, either for medical or recreational use, the drug remains illegal at the federal level, leaving many companies vulnerable to investigations.

Federal regulation on the legality of transport, sale, and distribution of cannabis creates major obstacles for companies to establish, manage and grow their business. The lack of a fast, reliable and readily available payment method contributes to the multitude of issues businesses face, making it difficult to attract and retain customers.

Blockchain is the solution

The adoption of blockchain technology is the soundest solution to solving the fragmentation of the cannabis market and the marginalization of businesses and consumers. By integrating smart contracts and blockchain into its working model, Budbo targets the very basis of every digital transaction, exchange of value, goods, and services, and private data. A host of economic, legal, regulatory, and technological hurdles must be scaled before we see widespread adoption of blockchain technology in the cannabis market - but first movers are making incredible strides. The Budbo blockchain gives government agencies the solution for economic, legal, regulatory, and technological hurdles they have long faced. 

About Budbo

Budbo was founded in November of 2016 to provide the highest quality medicine to cannabis patients by chasing the technological horizon. Every decision we’ve made has been guided by this ethos; from launching a consumer-facing mobile application to providing logistics and tracking to growers, and now the industry-wide blockchain solution. We are grateful to be able to continue to chase the technological horizon on behalf of the cannabis community.

BudboBudbo

Why Budbo?

Budbo will be the first-of-its-kind, fully integrated blockchain-based solution for standardized and regulated interaction between cannabis users, dispensaries, and couriers. Government regulators will have a transparent view of transactions and product integrity, potentially speeding up national legalization of cannabis. GPS technology will track all cannabis movements from seed-to-sale. The Budbo Tokens (BUBO tokens) will grant third parties complete access via API to Budbo’s immutable ledger on the blockchain - allowing for a single point, data-driven cannabis environment to quickly flourish.

Why Budbo?Why Budbo? 

Budbo token

The Budbo Tokens (BUBO tokens) will grant third parties complete access via API to Budbo’s immutable ledger on the blockchain - allowing for a single point, data-driven cannabis environment to quickly flourish. Budbo Token transactions will be instant, and average transaction confirmation time will be within minutes. All transactions will be secured with the state-of-the-art cryptography, and blockchain integrity will be protected by CPU efficient ASIC resistant proof of work. This unique model allows to fill in many gaps for cannabis businesses within the entire global cannabis market.

Budbo Crowdsale & TokenBudbo Crowdsale & Token

Budbo has already sold out its 20 million tokens during pre-sale 10 days before its scheduled end date. The company has also finished its Tier 1 token sale with 15 million tokens were sold and Tier 2 of the token crowd sale is now underway. 

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Top Upcoming ICO 25th February - 3rd March

Most interesting upcoming ICOs: Havven, AdBlurb, Grain, UltraYOLO, True Game, BioCrypt, Tradershub, RewardMob, InDeep and PakcioChain
23 February 2018   210

The year 2018 started not so great for the crypto community. The overall marketcap fell from $800B to $395B; Bitcoin fall from $20k to $7. But the market seems to be getting alive again! And the ICO market looks healthy. Over $2b was raised in the first few months of 2018. So may it is time to look to this market closely?From the ICO list below, you can check our ICO reviews. Stay tuned to the Hype Codes to get the latest ICO news. 

Upcoming ICO

Today we have prepared for you the very best and the most interesting ICO, that will start offer coins on the next week.

Don’t forget to read to the bottom and take part in our poll about upcoming ICOs.

1. Havven

Hype.Codes rate 94

Havven is a decentralised payment network designed to enable everyday cryptocurrency purchases. The network utilises a dual token system to reduce price volatility. The fees from transactions within the system are used to collateralise the network. The collateral is secured by the blockchain enabling the creation of a new asset-backed stablecoin, nomin tokens. Each transaction will generate fees that are paid to havven token holders. As transaction volume grows, the value of the platform increases and active participants are rewarded with increased transaction fees. This permissionless, low-fee, and stable payment network will enable anyone anywhere to transact with anyone else.

Vote for this ICO

Sale dates: February 28, 2018 - March 7, 2018
Accepted currencies: ETH, BTC
Soft cap $2M
Hard cap $30M
Website and whitepaper 

2. AdBlurb

Hype.Codes rate 90

Adblurb is the long waited solution for the advertising industry. Adblurb will change the advertising method you know today ! Not just publisher but viewer will get so many advantages. Token holders will have tons of good news in near future.

Vote for this ICO

Sales dates: March 1 - 31
Accepted currencies: ETH
Soft cap $2.2M
Hard cap $10M
Website and Whitepaper 

3. Grain

Hype.Codes rate 92

Grain processes work agreements on the blockchain and has an instant payment mechanism. It helps companies save billions of euros/dollars annually in middleman services and payment processing costs. Grain is a backend solution that allows labor management systems and freelancer platforms to integrate smart contract and financial transactions on the blockchain.

Vote for this ICO

Sales dates: March 1 - 28
Accepted currencies: ETH
Soft cap 4k ETH
Hard cap 40k ETH
Website and Whitepaper 

4. UltraYOLO

Hype.Codes rate 90

UltraYOLO project is a decentralized lottery protocol built with blockchain technology. The primary mission of this project is to create a platform to manage and run the world’s largest international lottery. Our project introduces Proof-of-Randomness (PoR), which solves the issue of random number generation and miner attacks that plague existing lottery and gaming applications. Our protocol will involve a masternode network to ensure Proof-of-Randomness and to manage the health of the network as a DAO.

Vote for this ICO

Sales dates: March 1 
Accepted currencies: ETH, BTC, LTC, XLM
Goal: 10k ETH
Website and Whitepaper 

5. True Game

Hype.Codes rate 84

The first ICO with a fully working iGaming project that received extremely positive feedback from the community. Truegame is a truly unique iGaming product: users are already playing more than a dozen different games (scratch cards, prize draws, lotteries, giftboxes, etc.). We closed a private round of funding within 24 hours and even refused additional capital. We launched our product together with a team of specialists from the gambling industry, and now that we're proven, we are ready for scale-out and market expansion.

Vote for this ICO

Sales dates: February 26 - March 18
Accepting currencies: ETH, BTC, LTC
Soft cap 2M USDT
Hard cap 9M USDT
Website and Whitepaper 

6. BioCrypt

Hype.Codes rate 85

BioCrypt will allow users to literally keep their assets on hand at all times! PGP encryption combined with biometric authentication via physical presence within the body or fingerprint scan provides superior security to any other asset storage system available. Authenticated BioCrypt chips will grant access to unique wallets facilitating transfer of BioCrypt tokens as well as multiple crypto and fiat currencies. BioCrypt transactions will be processed on our recently developed decentralized blockchain; BioChain.

Vote for this ICO

Sales dates: March 1 
Accepted currencies: BTCETH, LTC
For sale: 97,5M BIO
Website and Whitepaper

7. Tradershub

Hype.Codes rate 84

We are creating a platform that will provide a powerful single point of interaction with the cryptocurrency markets. By blending sophisticated engineering with an elegant user experience and crowdsourced intelligence, we empower traders with everything they need to trade effectively within a trustworthy and safe trading environment. The platform will allow us to aggregate people and trading services together in dynamic ways in order to deliver a next-generation trading platform that will hopefully become the go-to solution for diversified portfolio management and all trading-related activities.

Vote for this ICO

Sales dates: Mar 5 - 26
Accepting currencies: ETH
Hard cap: 12k ETH
Website and Whitepaper 

8. RewardMob

Hype.Codes rate: 88

RewardMob is a tournament based eSport and loyalty program for mobile game developers. We have a fully integrated wallet built on the Waves Blockchain that allows users to earn and win RMOB Cryptocurrency tokens. We can easily turn any mobile game into a free casual eSport. Rewards are earned when users plays games that are integrated with the RewardMob software. Once a user has earned one or more rewards they need to open them to reveal what they have earned. Rewards range from gift cards, our RMOB cryptocurrency tokens or tournament points that help them move up the leaderboard. At the end of the tournament the winners are paid in RMOB tokens, cash or prizes from our sponsors.

Vote for this ICO

Sales dates: February 27 - March 14
Accepting Currencies: BTC, ETH, Waves, Fiat 
Website and Whitepaper 

9. InDeep

Hype.Codes rate 90

We have been exploring gaming environment for years and now the time has come to make our breakthrough point. Signifcant number of platforms has been offering access to games after making a payment in FIAT. It means that this system provides the entertainment only if the user previously collected appropriate quantity of funds. In our opinion, in XXI century the entertainment should be widely available with simultaneous possibility to raise funds for next games. In every day playing we do not use the full potential offered by hardware of our computers.

Vote for this ICO

Sales dates: February 25 - March 25
Accepted currencies: ETH
Hard cap: 1k ETH
Website and Whitepaper

10. PakcioChain

Hype.Codes rate 83

PikcioChain is a fully distributed information superhighway that brings individuals and organisations together to buy, sell and exchange data with confidence. Pikcio ​has ​been ​designed ​to ​store, ​secure, ​verify ​and ​certify ​data ​while ​ensuring ​the ​data source ​retains ​full ​control ​of ​their ​information ​at ​all ​times. ​Pikcio ​lets ​the ​user ​choose ​how ​to share ​their ​data, ​who ​to ​share ​it ​with, ​while ​also ​providing ​them ​with ​the ​opportunity ​to ​be paid ​for ​its ​use.

Vote for this ICO

Sales dates: February 28 - Mar 31
Accepted currencies: ETH, BTC
Soft cap. 7.5M EUR
Hard cap: 25M EUR
Website and Whitepaper

What is Hype.Codes Rate?

Hype.codes team works everyday to bring you the best reader’s experience. We are trying to add some new cool features every day. Hype.Codes Rate is average, abstract ranking of ICO, that we give to every upcoming ICO. It depends on such criteria:

  • Landing webpage design
  • Completeness of information provided on the landing webpage
  • Convenience of information search on the landing webpage
  • The concept itself
  • Whitepaper
  • Reputation and accessibility of information about the project team, their experience
  • Project activity on social networks
  • And many other

We hope that you like the idea of Hype.Codes ICO ranking and maybe it will help to navigate thru the stormy sea of blockchain-based start-ups. 

Learn about the best ICOs of recent weeks in this articles:

Which ICO is the most interesting for you?

Please, share your thoughts on which tokensale of upcoming this week (25.02 - 3.03) is the most interesting for you. In which will you invest your funds in order to receive the largest income? Or maybe you had already invested in one or few crowdsale campaigns, that are represented below?