Why A Decentralized Cannabis Network You May Ask?
It all started a few years ago. . . I guess more than just a few. The year was 2013 and cannabis was still very much taboo online.
Close friends of mine used VPN’s just to discuss the latest strain or way to increase yield. Paranoia was real. SWIM was still a thing.
IC Mag was the place to be back then.
Hidden behind usernames and our monitors, cannabis users were able to discuss cannabis. Relatively free from any prying eyes or law enforcement.
We were also able to gather and join forces on various projects that focused on spreading the legalization movement.
One of these projects was a Facebook network of pages that would ultimately become just a few major cannabis media players.
As time went by, these pages grew and grew, but at the same time Facebook would ban the pages with no reason, stating these pages were ‘promoting unacceptable drug use.’ . . It was clear early on that Facebook was under political pressure from states that wanted to keep voters from voting pro cannabis.
Even as early as 2012 Facebook had a strict stance on advertising E -cigarettes, papers, cigarettes, hookahs… Or any other type of device that may be used for vaporizing or smoking any herb or plant.
Fast forward to today.
The cannabis industry has changed dramatically. The projected annual growth rate of the industry is estimated at a whopping 29% annual compounding! The Arcview medical research suggests $21.8 billion in total annual sales by 2020. (By comparison, at that point, the legal marijuana market could be bigger than the National Football League, which saw roughly $12 billion of revenue last year but is aiming to reach $25 billion by 2027.)
But still Facebook bans any cannabis related ad, no matter how targeted it is to your demographic or legal state. And as such these large Facebook pages are the only ones with a decent amount of influence on the platform.
We own some of these pages and are connected to some of the other fastest growing pages, but how long until Facebook removes bans them again.
This is only one of the reasons we began work on a decentralized solution.
We are holding our ICO, starting with a per-distribution phase to gauge interest, and allow early believers in our project access to an exciting opportunity to contribute to the next generation of cannabis companies built on the blockchain.
Next Steps.
The Smoke.Network contribution period will take place on 15 August 2017 at 13:00 UCT.
Learn more by going to our website or taking a look at our Bitcointalk announcement thread.
Join our Community.
Reach out directly by entering our Discord channel.
Nice info
This post received a 2.2% upvote from @randowhale thanks to @maxsteem! For more information, click here!
This post received a 3.1% upvote from @randowhale thanks to @worstdevever! For more information, click here!
Congratulations @smokenetwork! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPI'm confused as to the usefullness of this, isn't dopecoin suppose to be for this purpose or did I miss something?
I'm no pot head, but I feel he continuous look down on marijuana is wrong. I have seen the life saving effects of this "herb" and its wonderful.
Hey destiny.
'isn't dopecoin suppose to be for this purpose or did I miss something?'
In the same way that Steem is not the same as Bitcoin, SMOKE is not the same as Potcoin.
As far as we are aware Potcoin is trying to be the coin for dispensaries to use to sell cannabis with. They are also moving into the advertising arena.
SMOKE is the token of the SMOKE.NETWORK is more closely resembles STEEM then Potcoin. Check out our website for more info on what we are building and how SMOKE plays a role in that.
Good luck from a pot smoker
Thank you so much for the support!
Definitely need to open a dispensary. People still judge people who smoke cannabis legally
True, though we have come along way from being really stigmatized, in a lot of areas the world is still mostly anti cannabis.
Excited about this. Looks amazing.
Thanks for joining us!
Looks very interesting. I'll definitely look into this more.
Thank you!
if only ireland could follow this trend.
great info man . peace
Great job! We need to push for legalization of helpful medicines like weed and psychedelics. Especially since there are so many benefits from marijuana besides using it on ourselves. It's a shame that this plant has been demonized and made illegal for this long.
Hopefully with more people like you and spreading real information about things like marijuana we can end up helping people,environment and certain industries.