ICO | Cannacor |
---|---|
![]() |
Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank. |
Start | December 16, 2019 |
End | March 19, 2020 |
Rating | 2.8 |
Status | |
KYC | Yes |
Founded | |
Categories | Healthcare |
Whitepaper | No |
Discussion |
ICO description, Technical Details and Documents
Cannacor is a project from Lesotho that tries to aid the industry of medical cannabis by fusing it with blockchain. The company has all the necessary licenses and permits from the corresponding authorities. They are now having a presale of utility tokens CANO, which will fuel the entire ecosystem.
The Cannacor blockchain project operates under the auspices of CannaCor Pty Ltd, a fully licensed operator of banned drug substances. The company is registered in an exotic jurisdiction of the Kingdom of Lesotho. The registration and TIN numbers are duly provided on the website so that anyone could perform a cross-check.
It is evident that Cannacor will be engaged in the cultivation, processing, production, and sale of medical cannabis and its byproducts. The cultivation is going to take place at Cannacor’s own facilities, which include more than 30,000 m2 of land in Berea, Lesotho. The project also introduces a proprietary cultivation system called Aquaponics, which uses fish waste to produce a natural fertilizer for plants.
Cannacor will use blockchain to conduct an impeccable supply chain management, reduce the cost of production, and improve product traceability. The ERC-20 compliant CANO token will be used as a payment and tracing solution for cannabis products as well as a means for getting access to premium services.
At the moment, Cannacor is carrying the presale of CANO tokens, which began on September 11 and is scheduled to last until December 15. The project allocated 468 million tokens out of the total supply for the preliminary sale. The pre-ICO price of one CANO is $0,06. The token sale also features a bounty campaign, within the framework of which the participants will get a chance to receive a total of 40 million CANO for promoting the project via social media outlets like Facebook, Twitter, and Telegram. The campaign is due to last until the ICO runs its course or until the last CANO token is sold to early investors.
Cannacor has set itself an optimal financial target for the presale, which amounts to $28 million. The softcap is now set at $1,5 million (should the project fail to reach that goal, all funds will be returned to the investors, as per official whitepaper), while the hardcap of $112,3 million appears to be unrealistic.
The actual crowd sale is due to begin on December 16 and end on March 31, 2020. The ICO price of 1 CANO is $0,12. There are no mentions of token discounts in the whitepaper. The fundraising goal for the ICO is $82,3 million, which also seems to be too steep. Ethereum, Bitcoin, and Ripple are the only accepted cryptocurrencies. All early investors are obliged to pass the KYC procedure. The list of restricted areas is relatively short and includes only Singapore, Lesotho, and the United States.
Author: Alex Paulson for Crypto-Rating.com
* Crypto Rating accepts no liability for any errors in the Cannacor ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
# | ICO | Founded | Rate | Status | KYC | Category | Start | End | ||
1 | ![]() |
CNX Network | 2022 | 4.943 | Active | IoT | July 1, 2022 | December 31, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Wrapped Minima | 2018 | 4.941 | Active | Blockchain Infrastructure | February 14, 2023 | February 28, 2023 | ||
3 | ![]() |
EMCODEX | 2021 | 4.94 | Pre-sale | Commodities, Synthetic Assets | May 18, 2021 | September 30, 2021 | ||
4 | ![]() |
LetStudy | 2020 | 4.935 | Upcoming | Education | August 1, 2021 | August 1, 2022 | ||
5 | ![]() |
FUNA | 2022 | 4.931 | Active | AI | June 15, 2022 | August 31, 2022 | ||
6 | ![]() |
My Lotto Coin | 2020 | 4.93 | Pre-sale | Gaming, Lottery | April 1, 2021 | June 30, 2021 | ||
7 | ![]() |
Blockster (BXR) | 2021 | 4.93 | Upcoming | Media | May 31, 2021 | October 12, 2021 | ||
8 | ![]() |
BattleKnight | 2021 | 4.927 | Active | Game, NFT | February 5, 2022 | November 30, 2022 | ||
9 | ![]() |
Fanadise | 2021 | 4.92 | Pre-sale | NFT, marketing, staking, BSC | May 12, 2021 | June 30, 2021 | ||
10 | ![]() |
Recast1 Token | 2021 | 4.91 | Active | Trade, Stable Coin, Proof of Transfer and Stake | June 15, 2021 | December 5, 2021 | ||
11 | ![]() |
Pawtocol | 2019 | 4.9 | Pre-sale | Big Data | December 27, 2019 | May 17, 2021 | ||
12 | ![]() |
Curate | 2019 | 4.9 | Pre-sale | Advertising | August 9, 2019 | May 30, 2021 | ||
13 | ![]() |
Tycoon | 2019 | 4.9 | Active | Investment | December 7, 2019 | June 28, 2021 | ||
14 | ![]() |
SerenitySource | 2019 | 4.9 | Active | Energy | July 13, 2019 | July 28, 2021 | ||
15 | ![]() |
MetaHash | 2018 | 4.9 | Active | Finance | April 8, 2020 | September 30, 2021 |
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 83.2% | 32 | $43 820.10 | 1.39% | 13.14% | $857 334 806 631 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Ethereum predictions | 77.2% | 36 | $2 361.38 | 0.41% | 12.42% | $283 880 573 853 | ||
3 | ![]() |
Tether predictions | 96% | 1 | $1.000299 | 0.02% | -0.02% | $90 362 643 646 | ||
4 | ![]() |
XRP predictions | 81.6% | 28 | $0.681118 | 5.93% | 10.95% | $36 751 390 365 | ||
5 | ![]() |
Binance Coin predictions | 85.2% | 18 | $240.90 | 3.09% | 5.40% | $36 543 180 385 | ||
6 | ![]() |
Solana predictions | 80.8% | 38 | $75.73 | 6.81% | 22.25% | $32 258 285 071 | ||
7 | ![]() |
USD Coin predictions | 90.8% | 1 | $1.000125 | 0% | 0.01% | $24 502 884 471 | ||
8 | ![]() |
Cardano predictions | 81.2% | 37 | $0.617471 | 27.74% | 59.37% | $21 808 674 474 | ||
9 | ![]() |
Dogecoin predictions | 74.4% | 53 | $0.101944 | 5.02% | 21.08% | $14 492 322 552 | ||
10 | ![]() |
Avalanche predictions | 75.6% | 50 | $32.71 | 20.35% | 48.38% | $11 963 701 556 | ||
11 | ![]() |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
12 | ![]() |
TRON predictions | 94% | 7 | $0.107625 | 1.58% | 4.25% | $9 521 831 874 | ||
13 | ![]() |
Wrapped TRON predictions | 90.4% | 7 | $0.107531 | 1.92% | 4.08% | $9 513 557 659 | ||
14 | ![]() |
Chainlink predictions | 77.6% | 38 | $16.84 | 5.42% | 6.77% | $9 377 894 789 | ||
15 | ![]() |
Polkadot predictions | 78% | 38 | $7.44 | 19.08% | 34.95% | $9 335 385 230 |
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2023 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.