What is CBDoken?
CBD has been observed to deliver health benefits and is widely used in lifestyle and medicine. With the purchase, sale and ossession of CBD products legal in most countries, CBDoken finally solves the problem of:
- a non-transparent global pricing of CBD;
- massive fluctuations in terms of quality;
- and a zero established financial market for CBD products.
With cryptocurrencies being extremely volatile with virtually no price stability and the existence of too many poorly conceived tokens with no actual product, CBDoken leverages the power of blockchain: CBDoken are CBD products tokenized.
Developed for the sale of real physical product from a real, physical company, CBDoken leverages distributed ledger technology to bring transparent, user-generated pricing on the Blockchain, such that one CBDoken corresponds to One Gram Equivalent of CBD. CBDoken are 100% asset backed.
All physical assets are stored in dedicated vaults at our manufacture, storage and distribution partner. They are audited for uantity, quality and the highest laboratory grade standards.
Developed for implementation via Blockchain, CBDokens form a contract between our CBD manufacturer and token holders. This contract is redeemable and transferable on all relevant Cryptocurrency exchanges.
To ensure that every consumer get the benefits of CBDokens user-generated pricing all products will be offered by CBDoken on a fiat-based webshop for purchase via Euro. The supply for the webshop is restocked from orders purchased via the same transparent blockchain.