BitCanna

BitCanna

A look into our

Vision

Have a look at what the future of cannabis payments is going to be.
BitCanna will be used for every cannabis payment, whether it be online or in physical stores. Our CEO Jan Scheele will show you how it works.

BitCanna

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The BitCanna token sale will be executed in three consecutive rounds: 1st a business-to-business sale, 2nd a private sale, and 3rd a public sale.
To be eligible to join the private sale, one must register for the whitelist. Whitelisting is now live!

Whitelist

Maximum Sign-Ups: 15.000
Start Whitelisting: 01-07-2018
Runtime: Until October 31st, 2018 or 15.000 Sign-Ups

Private sale

Minimum Amount: USD 500
Maximum Amount: USD 50.000
Start Private Sale: October 31st, 2018
Runtime: 14 days

Public sale

Minimum Amount: USD 25
Maximum Amount: none
Start Public Sale: November 15th, 2018
Runtime: 7,5 months

The Future of

Cannabis

Payments

The global cannabis industry has been inhibited by regulatory restrictions for most of recent history, but the legal market has emerged rapidly as more governments legalize medical and recreational use. Due to the ‘shady’ image of the business, most banks, credit card companies, and payment providers won’t handle the money generated by the cannabis industry, even in places where it is completely legal. This leads to inefficient and costly solutions such as high bank fees and cash transactions, which only add to the shady image of the industry.

To address this problem, BitCanna will provide a decentralized payment network for the legal cannabis industry, by means of the BitCanna Coin (BCNA). BitCanna has already set up agreements with major companies in the European cannabis market, forming the BitCanna Alliance. The BitCanna Alliance works with legislators to solve the current paradox in the market. By implementing supply chain management and a trust & reputation layer, BitCanna aides legislators in creating a healthy and transparent cannabis market.

Partners of the

BitCanna

Alliance

Royal Queen Seeds
Amsterdam Genetics
Alchimia
Zamnesia
Kannabia
Cibdol
Philosopher Seeds
Frnch Touch Seeds
House of smart
Boere Jongens Amsterdam
Grow caps
Zambeza Seeds
Nirvana
Mister weeds
Ministry of Cannabis

10

Reasons

why

1

Booming business

The global cannabis market is expanding at an extremely fast pace.

2

Powered by the industry

BitCanna has already established partnerships with the top brands in the industry.

3

World-famous brands

The BitCanna Alliance is active in over 27 countries and globally connected within the industry.

4

Millions of visitors

The partners have over 10 million unique visitors per month.

5

15 Years of experience

Team with over 15 years of experience in the cannabis industry.

6

Custom blockchain Live at launch

The BitCanna main net will be fully live as a payment network with wallet 1.0 at launch.

7

Proof-of-Stake

A Proof-of-Stake blockchain will be used to process all BitCanna transactions.

8

Online integration

Direct integration with the biggest online shops at the launch of the project.

9

Physical stores across europe

Integrated with physical stores in Barcelona, Amsterdam, Eindhoven, and many more to come.

10

International media partners

Supported by well-known international media partners.

Phase 1.

Payment

network

3D-PaymentNetwork

The first phase of the project is to create a decentralized payment network to solely serve the cannabis industry. The main goal is to provide an alternative payment solution for unbanked businesses that is more cost-efficient than the current payment options. This payment system will be built around the BitCanna token (BCNA) which is a digital currency that acts as a means of exchange and the unit of account on the BitCanna blockchain. The main net will go live directly after the ICO’s time limit is reached, July 1st 2019.

In practice, BitCanna envisions a decentralized payment network in which payments will run directly from the customer to merchants — no middleman. The BCNA token will be a decentralized digital currency that is secure, fast, easy to use and in compliance with local regulations. Since blockchain ledger records are immutable and transparent, this will be perfect for financial institutions looking to audit cannabis companies, as well as government institutions looking to properly tax marijuana businesses and regulate the industry.

Phase 2.

Supply Chain

3D-SupplyChain-v2

In the second phase of development the mainnet will be integrated with the supply chain layer. The BitCanna blockchain will be expanded with track and trace monitoring functionalities, allowing traceability of the entire supply chain of cannabis, and cannabis-related products. The main goal of phase two will be to create a more efficient supply chain network for businesses and simultaneously build more trust, as well as a new level of transparency within the cannabis industry.

While the market is closely monitored with growing interest by government regulators. BitCanna will contribute to the creation of a trustworthy market, for which transparency is of the utmost importance. By phase 2, the distributed ledger will provide all users a clear insight into the production, transportation and financial flow of the market. This technology for many working in the industry include producers, distributors, shippers, government agencies, and consumers.

Phase 3.

Trust and

Reputation

3D-TrustReputation-v2

In Phase 3 a trust and reputation layer will be integrated into the blockchain and a variety of applications will be developed on top of this layer. These applications will further incentivize the network, improve business efficiency and transparency, and better the customer experience.

Some practical examples of the applications are business analytical tools, inventory management and loyalty programs. Furthermore, a secure identity platform complementing a review and rating system will be developed for all partakers in the BitCanna network. BitCanna will provide a platform for all links in the supply chain, from farmer to end-consumer, to build the trustworthy reputation they deserve.

BitCanna

Mobile

BitCanna Platform

Find the best BitCanna offers by online and offline shops.

Shop & product reviews

Review shops and products and find trusted reviews by other consumers.

Supply chain transparency

Find out about the origin and quality of products.

BitCanna Mobile

Payment wallet

Easy to use wallet for near instant payments.

BitCanna offers near you

Find the best offers by physical stores near you.

ID management

Upload your ID securely on the blockchain for easy verification at shops or cannabis clubs and to build a trustworthy reputation.

420.000.000 coins

Distribution

cannabis industry

1

60% of the total BCNA supply

will be allocated to the ICO

2

15% of the total BCNA supply

will be locked for the team, founders, and advisors.

3

10% of the total BCNA supply

will be reserved for the marketing campaign.

4

15% of the total BCNA supply

will be reserved for future business development & market expansion.

Use of funds

Cannabis Payment Network

1

40% of the collected funds

will be reserved for product development.

2

30% of the collected funds

will be reserved for communication and marketing.

3

20% of the collected funds

will be reserved for unexpected operational costs.

4

5% of the collected funds

will be reserved for legal costs.

5

5% of the collected funds

will be reserved for unexpected costs.

Roadmap

Phase 1: Global payment solution

Q1

2017

  • Research market & opportunities.
Q2

2017

  • Business case studies and solution brainstorming.
Q3

2017

  • First meetup with the founder, core team, and development team.
  • BitCanna project launch.
  • Advisory board formed.
Q4

2017

  • Outline the BitCanna concept.
Q1

2018

  • Whitepaper 1.0 & Website build.

  • Start development of the BCNA blockchain.

Q2

2018

  • Start development hardware payment solution.

  • Whitepaper & website release.

Q3

2018

  • Start B2B pre-sale.
  • Whitelist registration period.
Q4

2018

  • Start private sale.
  • Start public sale.
  • A pre-marketing campaign, approaching 10.000.000+ monthly visitors from partners.
Q1

2019

  • Continuous; expanding the BitCanna Alliance.
  • Testnet live- Alpha version
  • BitCanna presents itself at multiple major conferences
Q2

2019

  • Testnet launch – public Beta version
  • Launch world-wide marketing campaign.
  • End of the public sale
Q3

2019

  • Launch mainnet BitCanna v1.0.

  • Coin distribution.

  • Launch Lite Wallet, Node Wallet.

  • Launch BitCanna Business v1.0 (basic version containing online payment plugins).

  • Exchange listing.
Q4

2019

  • Launch BitCanna Mobile v1.0 (basic version containing the Mobile Wallet).
  • All webshops within the BitCanna Alliance will start accepting BCNA coins immediately after ICO.

  • Update BitCanna Business v1.0 .

  • Integration of hardware point-of-sale payment solution.

Phase 2: Supply chain

Q1

2020

Update BitCanna Mobile with additional functionalities:

  • BitCanna Maps.
  • Database of cannabis dispensaries and strains.
Q2

2020

Update BitCanna Mobile with additional functionalities:

  • Integration of the advertisement platform. Allows for direct advertising to customers based on geolocation.
Q3

2020

  • BitCanna v2.0 goes live. Integration with supply chain layer.
  • Launch of BitCanna Business v2.0.
  • Integration of supply chain monitoring which allows businesses to manage and audit their inventories.
Q4

2020

  • Launch BitCanna Mobile v2.0.
  • Integrate supply chain monitoring which allows customers to scan products, and find information like origin and quality of their desired products.

Phase 3: Trust and reputation

Q1

2021

  • BitCanna v3.0 goes live. Trust & reputation layer integrated with mainnet.
Q2

2021

  • Launch BitCanna Mobile v3.0.
  • Integration of customer reviews with blockchain-based integrity.
  • Integration of encrypted identity.

BitCanna

Media

Partners

BCNA

Blockchain

soon

Cannabis Blockchain

Available

Q3

2019

decentralized payment network

Available

Q3

2019

Supply Chain

Available

Q3

2019

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