Reefer Token Economics

Introduction

Reefer Token is a new cryptocurrency token, which will be used to pay and get paid for goods and services of the world’s first global cannabis community, the U.S. based cannabis social network called Reefer. Reefer Token holders will be able to use their tokens for the following:

Pay for goods and services within the Reefer community.
Obtain discounts and special offers from the partners of the Reefer community.
Receive discounts from the community itself.
Benefit from the internal voting mechanism which will allow token holders to vote for new cannabis strains, cannabis products and cannabis accessories to be added to the community.
Benefit from the network effect of the community and the platform itself.
The Reefer Token is the cryptocurrency of the Reefer platform. While the blockchain provides the immutable and secure ledger for transactions, the Reefer Token is the cryptocurrency that provides the mechanism for transactions and forms the basis for platform governance. The Reefer Token is a utility token that can be used to settle payments on our platform. It is a payment system designed to help cannabis businesses reduce the cost of doing business by cutting out the middlemen. Our software will be the backbone of the industry, managing the back office for retailers and growers. The token will be used to access the platform, for licensing, for expansion packs, for marketing and much more.

Features Reefer Token

The Reefer token is a protocol token that is used as a currency on the Reefer platform. Reefer tokens can be used to pay for Reefer platform services like advertising, listings, and subscriptions. Our goal is to create a truly decentralized community, where peer to peer transactions can happen without any governmental restrictions. We want to create a platform where people and businesses can come together to buy, sell and exchange goods, products and services related to the cannabis industry. Reefer Token will have many different purposes, as it will be used as a payment method inside the platform to pay for goods, services and other products.

Reefer token is a decentralized cryptocurrency that is designed to be used specifically with the cannabis industry. It is a cryptocurrency that wants to make buying and selling cannabis more secure and private. The reefer token is based on the blockchain, which means it works on the same technology as other popular cryptocurrencies. The company itself needs to be successful, so it has to offer a product which is really useful. This is why The Reefer team is constantly working on improving their services. The Reefer token is a unique opportunity to support a forward-looking industry.

Conclusion

The Reefer token is a utility token that will serve several purposes in the network. The token will be used to incentivize miners and hosts to participate in the network and provide their services to the network. Additionally, the tokens will be used to give small rewards to developers who help the network. Finally, it is the only way to pay for bandwidth in the network. The Reefer Token team members are working hard to create a diverse, dynamic and stable platform that will be able to stand the test of time. We assure you that we will continue to work just as hard to ensure that the value of your tokens will grow as our platform does.

USEFUL LINKS

Website: https://reefertoken.io/
Whitepaper: https://reefertoken.io/white-paper1/
Telegram: http://t.me/ReeferToken
Twitter: https://twitter.com/@reefrToken
Instagram: http://instagram.com/reefertoken

AUTHORS DETAILS

Bitcointalk Username: austin 123
Telegram : https://t.me/bitcontol
Btt link : https://bitcointalk.org/index.php?action=profile;u=2837898;sa=summary