TXTM owns PHYTOcoin. Why would they buy their own coin?
Phyto coins are sold to outside investors to use the newly created blockchain platform services. TXTM and growprocess can issue none, or as many coins as they can back with CBD they can produce.
It's all about the community and how fast phyto coins catch on in the marketplace.
Took Tether a few years to get it's first 100 Million in assets. In the past year alone that fiat backed coin has increases in size to now over 1.6 BILLION under management. The Gold backed ICO has 300Mplus and has no real need aside from a store of value on the blockchain.
A CBD ICO though? Where marijuana regulations call for it. Where CBD is LEGEL in most jurisdictions...
It's crazy the potential here for TXTM and the growprocess team.
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