-
NFL and Crypto’s Growing Entanglement - 7th December 2021
-
Gambling with NFTs and Crypto - 17th June 2021
-
What Exactly is Bitcoin Mining? - 26th April 2021
-
Cryptocurrencies Over The Past Three Years - 12th March 2021
-
Online Crypto Gambling in Canada - 3rd March 2021
-
Some Tips on Crypto - 2nd March 2021
-
Where Does Ripple Fit Into The History of Money? - 2nd March 2021
-
Bitcoin Trading Tips - 4th February 2021
-
The Top Trends In The Fintech Sector In 2021 - 29th December 2020
-
What You Need To Know When Trading Stablecoins - 19th December 2020
First Bitcoin Capital Corp invests $1m in PERKSCOIN
In a deal representative of a growing trend within the ICO space, First Bitcoin Capital is using $1 million of its WEED inventory to acquire tokens in the PERKSCOIN ICO. The deal will also give the PerksCoin Token Transaction Platform (PTP) membership of the CannaBloq Consortium.
Addressing Fraud Issues in Cannabis Industry
The PerksCoin Token Transaction Platform is being developed by CannaSOS, a Canadian based social network for the Cannabis industry. The platform seeks to provide solutions to several global problems in the Cannabis industry. CannaSOS hopes the platform will protect buyers from unverified sellers and minimise fraud in the cannabis industry.
First Bitcoin Capital (FBC) is developing the CannaBloq Consortium as a related grouping of Cannabis companies, with seven initial members. CannaBloq requires member companies to own $WEED before joining. First Bitcoin Capital have set up a similar consortium in the petroleum industry.
FBC is a publicly traded company entirely focussed on Blockchain technologies. The company’s projects include crypto currency ATMs, an exchange, a travel payments project and news site. They hope the deal with PerksCoin will strengthen the value offered by CannaBloq.
The deal has been transacted at a WEED coin value of $1.80, and a PERKSCOIN value of $0.48 – a 40% discount to the minimum ICO price.