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Budbo – BUBO ICO Supply Chain Cannabis Blockchain Utility Token?

For a while now, the global economic market has had to accept ‘Blockchain technology,’ and ICOs as an all-new disruption in the way startups, industries, and government investments are founded. Of course, the main feature of this idea is because benefits are almost ‘instantaneous.’ Moreover, blockchain services are streamlined, cost-effective and devoid of any fraud.

But while there has been ICOs about virtually every idea, none seemingly matches what has been established to support the already-exploding cannabis industry in the US. An industry whose projected value is $50 and with a potential for more growth, buoyed by the recent legalization in certain parts definitely looks promising to invest in.

The US cannabis industry is caught in the middle of inconsistent regulations and non-standardized trade rules across the states, a factor that forces it to continue operating in the shadows. It is almost entirely shunned by the country’s mega economic system, despite the legalization. And that’s why regardless of the boom, many marijuana users still prefer to get theirs through the black markets where their favorite strains are sold cheaply.

The Solution – Budbo

Barely a year since its inception, then as a “tinder-like” mobile app for marijuana fanatics to get their favorite strains easily, Budbo has about 100,000 users and 2,000 dispensaries. Launched in 2016, this platform right now cloud-based backend business intelligence center that offers delivery tracking services for professional visibility and compliance. Thanks to this tremendous growth, it is now a respected name in the cannabis ecosystem, even right now looking to advance its offering by incorporating the blockchain technology.

Budbo is an open, transparent and publicly verifiable platform designed to guarantee its users access to marijuana dispensaries, couriers interact and valuable strains. The app leverages blockchain networks and thus comes with nearly endless possibilities, both regarding growth and social outreach. Basically, the app is made to ease product matching, organic advertising, allow instant payments and efficient product supply and other inventory management tasks.

Budbo Token Sale

Budbo aims to use this crowd-sale to release a services platform that is transparent and secure, but still helps redefine the ways cannabis industry works. By utilizing the blockchain technology, it will quickly deliver customers with a “working modular code as well as a sandbox ecosystem” that cuts excessive costs and uses a secure infrastructure system.

The budbo token is founded on top of Ethereum-based blockchain technology and guarantees stakeholders a direct entry into its digital ledger system because it works as an API. It is analytics-based, and dispensaries place orders with their nearby manufacturers of marijuana. In turn, the manufacturer assesses the information about strain purities using the tokens.

Incredibly, the application can be used in a “hybrid environment” or via the cloud. The whole batch of participating dispensaries will use the platform with ease, while spending little too. Those targeted by Budbo include marijuana growers, dispensaries, lab testers, manufacturers and those responsible for logistics.

The platform is set in such a way that unaccounted pilferage of stock and chances of replacing high-quality strains with those of poor quality doesn’t exist. Growers access this information using Budbo Tokens too, and this helps them deliver top-quality strains.

Budbo Token Details

Token crowdsale is set to start in January 15th, through February 15th 2018, though pre-sale token sale is well underway. Budbo tokens will be native to the app and serve as digital assets that power the whole system. Appreciated BUBO, they will be Ethereum ERC20 compliant, and for anyone to purchase them, he/she will first have to email the company’s representatives. The company will offer further information regarding the pricing, the minimum amount to be purchased, etc.

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