Blockchain technology is a fast-growing industry that has come a long ways in recent years, including resource interventions in the research and development of decentralized frameworks. The emergence of DeFi has opened up many opportunities, bringing technologies to those who do not have access to traditional finance which is a great step forward for the global economy.
Lately the CBD industry has become an advantage for the market as it has the flexibility to distribute itself in various products, which has allowed it to grow rapidly globally. GreenHeart CBD in recent years has been leveraging advanced AI drone technology and crypto with the goal of officially launching its $CBD token as a BEP-20 token.
Greenheart CBD is an Irish-owned company that was formed by Paul Walsh and Mark Canavan. The company helps farmers to produce the best organic hemp crops and process their yield through cold-press extraction machinery, in the most natural way possible. CBD is one of the more than 60 cannabinoids that can be extracted from hemp. CBD oil can be obtained in various forms, liquid, cream, and even as a chewable.
GreenHeart CBD has an exceptional track record and quite an impressive team who have had great success in previous facets. A completely public team with real identities and real resumes to back it up, making it more secure for crypto projects. Now they have gathered all that talent and experience to make use of deep technologies such as Artificial Intelligence and Blockchain for a successful implementation in new and expanding products, bringing agriculture into the 21st century.
The reason they launched the $CBD token is to expand globally to the most emerging markets. It is about helping millions of underserved people around the world. According to the team, the aim of the project is to provide financing to farmers around the world to grow CBD, substantially increasing their income and improving the quality of life in a decentralized way.
Many of the farmers do not have money to switch to the CBD, the banks do not lend money to the farmers, also for reasons of legalization in some regions. Therefore, the team is looking for a way to raise money to build a DeFi platform to make loans directly to farmers in poor countries and growing CBD / hemp. Farmers will use the funds they raised to grow CBD using their technology, which includes drones equipped with artificial intelligence software to remotely track plant health, production houses, support and on-site training.
In terms of benefits for token holders, there is a staking pool of 10% tokens – 15 million. At the end of this year, the plan is to offer the opportunity to bet your tokens and win tokens with the funds that were implemented. Also later this year the community will be able to fund their specific CBD cultivation projects, so they can vote and participate and stake their tokens on their new favorite CBD cultivation farm or cooperative.
The token’s utilities include staking, where a portion of the total $CBD tokens is reserved for wagering incentives. Governance, where the holders of the $CBD token will be able to propose and vote on the rules that govern the platform. Users will be able to obtain discounts on loan interest rates by using the token. And finally, GreenHeart will also launch the first dApps marketplace for CBD products. This marketplace can be used to purchase GreenHeart products with the $CBD token.
The release date is May 6. With a Public Sale Token Price: $0.10 BUSD.
- Allocation Size: $500,000
- Tokens to be Mined: 6,666,666.6667 $CBD across 3 $LPOOL staking pools (50/250/Unlimited)
- Vesting: 25% per month after a 1-month cliff
- Launchpool Private Sale Pricing: $.075 per $CBD
- Mining Rewards Start Time: April 20, 2021 1pm UTC approx.
- Mining Rewards End Time: May 3, 2021 9am UTC approx.
- Other Pricing Tiers: $.10 PUBLIC (no seed round)
The token will be released on PancakeSwap, and according to the team they are having a discussion about possible releases on CEX.
Undoubtedly, being the first company to introduce a CBD DeFi token, this will provide it with the financial power to rapidly expand and become a global market leader for CBD consumer products, while increasing the community of token holders.
More information can be found on their website at https://www.greenheartcbd.io/, and the medium post detailing their launch at https://launchpool.medium.com/on-4-20-get-punted-with-greenhearts-cbd-token-d7fb73b08050. Their token can be purchased by clicking here; https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x0e2b41ea957624a314108cc4e33703e9d78f4b3c.