Tuesday, April 20, 2021 6:07:39 PM
Sure, DNAX isn't a NYSE blue chip either, not by a looooong shot.. but they do have an idea, and (reportedly...) 100,000 lines of code, a working system, IP.. something to sell to a company which can put the tags on products you'll buy someday.
DNA Tags are potentially at the intersection of "anticounterfeiting" (a line stretching back from the ubiquitous credit card holograms, all the way back to wax sealed envelopes..), "machine recognition" (barcodes, QR codes..), "serialization", and blockchain (decentralized, unhackable, accessible from anywhere.. the foundation of "NFT"s, which are all about uniqueness and unfalsifiability.)
The Tags are being presented as "labeling for authentic legal weed", but their uses are SO much bigger. If every Cartier watch or Gucci bag had one, the black market for counterfeits would erode. (not disappear.. there'd still be folks who WANT a bag marked "GUCCI" for $20 (their friends won't examine the Tag..), but they'll get it for $20 instead of $200 or more.. THESE Tags could become the way any manufacturer signals that their product has authentic, premium value.. and our shares could be part of establishing that value. These Tags could be placed onto printed cash, as part of the transition to official digital money.
DNA Tags could be ABSOLUTELY MASSIVE!
This is my opinion. There are many others like it, but this
one is mine!
Seems simple, right?
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