Potcoin explodes in the Colorado market!
Potcoin explodes in the Colorado market!
Did you hear the big news?
Joel Yaffe, creator of “PotCoin,” a new crypto-currency that launched January 21 by “PotCoin Systems” a Montreal based software and web development firm. Today the entrepreneur is announcing that he’s launched the world’s first two PotCoin ATMs, appropriately so in Denver, Colorado, one of two US states that have legalized the recreational use of cannabis.
PotCoin’s big news came to fruition from the help of River Rock Wellness, which has actively contributed to the development of Colorado’s medical marijuana regulatory framework. The company holds a seat on the Colorado Department of Revenue’s Medical Marijuana Advisory Committee.
“The newly legalized Marijuana industry is calling out for its own distinct crypto-currency, so PotCoin was designed to empower, secure and facilitate the Cannabis community; medicinal and recreational alike,” reads the site. “At every level of the Cannabis industry users can trust PotCoin to lend credibility and stability thanks to the power of very large numbers.”
There are 420,000,000 coins available for mining with 40-second block targets, resulting in 420 coins per block.
Launched on a late January day at precisely 4:20 PM, PotCoin’s goal is to “gather all the people in the world who want to legalize Marijuana and launch an industry specific crypto currency to help secure and facilitate transactions for our community.”
Now its rolled out its own PotCoin-dispensing machines.
“The goal of the ATM installations is consumer awareness of PotCoin, ultimately driving merchant adoption,” said Yaffe. “Merchants really appreciate the simplicity, security and the fee-less environment that we have complied for them and their clients. PotCoin is now implementing merchant services to coincide with the ATMs, resulting in a jump in consumer demand of PotCoin in the Colorado, the largest U.S. market for legalized & recreational marijuana sales.”
I think the inventor Yaffe is really onto something big with this cryptocurrency. He will not only generate more of the adoption process with these new Potcoin ATM's from already existing dispensaries. He will also generate more profit for the cannabis industry as a whole. He will be creating a new and safer payment method for users. If you are hesitating about dumping some money into this coin I wouldn't hesitate. I could see this crypto going up to double digits to triple digits within 4-5 years.
this is actually incredible news, no part of me is shocked and i think MORE places should be doing things like this, very very cool
Thanks! I completely agree!