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Re: None

Monday, 01/22/2018 9:10:48 PM

Monday, January 22, 2018 9:10:48 PM

Post# of 96786
Under the terms of the ICO as I understand it they will be able to produce a supply of CBD tokens = to its production allocated to the coin. Now here is where the crypto space may profit our company to an extent i'm not sure the market is appreciating.

Lets say people enjoy the use cases of the token and adopt it in large numbers. If a surge of demand was to come from crypto traders the corresponding cash would be put in the ICO account and CBD would be produced. Likely as income to TXTM. I want you all you really think about the potential here.

The US dollar replacement has come a long way the past year, and if you look at the real need in the marijuana sector (and to boot CBD is compliant with all intrastate US law) you come up with a scenario in which the ICO they speak of could have far stretching implications to the industry.

The current market cap of TXTM is under 10 million. If the ICO is a success then by most crypto standards the ICO alone can produce results much larger than the total market cap as it stands.

Tether : 1.63B Market Cap - US Dollar Replacement
https://coinmarketcap.com/currencies/tether/

DigixDAO : 364M Market Cap - Gold Backed
https://coinmarketcap.com/currencies/digixdao/

The only real value tether has to the ecosystem is its a way for exchanges to make US dollar pairs without the compliance issue with US dollars. THATS IT!! Think about it. CBD is compliant and the need is even greater in the marijuana sector for a real replacement to cash.
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