The global market for CBD continues to explode. As regulations regarding the product shift towards improved development and access, people are turning to CBD to manage their health conditions naturally. CBD currently holds a 40% market share in North America, with Europe not much further behind at 31%. But even as market shares increase, some groups are left out. The world’s first CBD charity crypto, $CBD Coin, is changing that.
The first of its kind $CBD Coin harnesses the power of cryptocurrency, helping the less fortunate gain access to CBD products promoting wellness in communities that need it most. The company currently has 1000+ holders. “CBD is revolutionary, but it still isn’t mainstream,” state the founders. “Unfortunately, that prevents people on government assistance from getting the products they need to maintain their health.”
With only 2 billion coins in circulation and a lock on the liquidity of 95%, $CBD Coin donates 3% of every trade towards its mission of donating CBD products. An automatic fee of 9% applies to every transaction. As per the official website, the company will allocate 3% for the charity fund, 3% for marketing, and 3% will be sent to the liquidity pool. As per an insider close to the development, the company will not be increasing the proceeds to 5% for the charity fund.
“We truly believe in holistic health, which is why we developed this coin,” say the founders. “It’s important to recognize that if crypto has the power to challenge the status quo, it can also increase our quality of life by being a powerful change agent for health.” The company will be liaising with CBDOil.com to allow crypto transactions using $CBD Coin.
To protect the long-term nature of the project, $CBD Coin has put anti-dump rules in place, ensuring that they will be able to see their commitment through. To the creators, it’s about shaping the face of an industry, and they want investors who believe in doing the same. “We can accomplish so much with crypto,” explain the founders. “It’s about promoting a system that is in it for the long haul.”
Natural medicine can be costly for disenfranchised communities and what $CBD Coin aims to do is alleviate that burden through targeted financial assistance. In addition, the use of CBD products is only projected to increase, and $CBD Coin is ensuring that we all can experience the benefits of these revolutionary products.
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