Cannabis Currency Review: HempCoin (3/5)
Hempcoin (THC)
Taking a different tact from other cannabis-themed coins, HempCoin is a digital asset designed to facilitate transactions between farmers, distributors, and dispensaries across the globe. Created in 2014 on Bitcoin’s source code, this coin is a 0% premined, proof-of-stake cryptocurrency that has been backed by shares of the publicly-traded Rocky Mountain Ayre, Inc. (RMTN).
HempCoin has their own wallet for windows and is available on Bittrex. The fact that they received backing from a publicly-traded company may be impressive but the lack of a roadmap or any evidence of use in actual dispensaries doesn’t inspire a lot of hope for the coin’s long-term prospects. Last year the company launched a marketplace but it doesn’t seem to be available on the website anymore.
If you have any experience with HempCoin or information to share please comment below, thanks for reading!
This is the third in a five part series on cannabis-themed cryptocurrencies. Stay tuned tomorrow when we’ll be talking about CannaCoin!
========================================
😃Thanks For Reading Perpetual Growth Crypto!
Please Follow and Upvote if you enjoyed this article. Sharing information is how we build value together and I’m extremely grateful to be a part of the crypto community.
New to crypto? Here are some useful links!
Buying crypto?
Use Coinbase to buy and sell BTC, ETH, and LTC using my referral link and we both get $10 when you buy your first $100 in coin!
Coinbase alternative
Try Changely
Wallet
https://www.exodus.io/
Price Information
https://coinmarketcap.com/
http://www.coincap.io/
========================================
😃 Your donations are greatly appreciated! Most donations go to promotion and site maintenance for www.perpetualgrowthcrypto.com to help spread useful information about cryptocurrency.
Bitcoin: 17KjLN1SLrWVHcuz1sih6hU2nLTECJvwpT
Ether: 0x16360998526cead5cb6804ff4fc4798593f4a98d
Litecoin: LdTP9gzG9SmnyHo9GPzhZ4dG6jfqjKSk3D
Dash: XnEe4Jx8xAXBm76fuKBXKxUsMLavPzBkNm
Golem: 0x16360998526cead5cb6804ff4fc4798593f4a98d
This article is not intended for and should not be construed as financial advice. Do your own research before investing and never risk more than you can lose!
