CannAvenue: Blockchain and AI for the Cannabis Industry
Welcome to the Аuture of the Cannabis Industry
Founder & CEO
Chief Technology Officer
Gaurav Areng Chakraverti
Chief Marketing Officer
Brand & Marketing Specialist
Legal Counsel & Patent Agent
COA, CA, Tax Advisor
- Crowdsale (75%)
- Team & Advisors (10%)
- Operations & Reserve (10%)
- Promotions (1.5%)
- Exchanges & Partnerships (2%)
- Charity (1.5%)
- IT (35%)
- Marketing (30%)
- Working Capital (20%)
- Legal & Security (8%)
- Post-ICO Immediate Expense (7%)
Cost of the token1 token for 0.00014 eth
Price without discounts
Discounts and BonusesPre-crowdsale
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Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
What’s stopping current and new players from adopting your pricing strategy?
Existing players have built their company around a paid pricing model. They will need to reduce their current revenue by 90% to compete. That’s extremely difficult to do and will take several months or years adapt. During that time, we’ll be capturing market share.
New players will have to play catch up. It’s important to note that there is a cost and risk associated to changing providers. It’s expected that this, as well as our incentive program and diverse portfolio of products, will control churn.
Can tell us what your technical advantage is?
Due to a patent pending, we can’t get too specific. What we can tell you is that our software will be cloud-based. It will be built on the blockchain to the highest security standard available. Our AI integration will maximize sales for businesses and improve cannabis accessibility for consumers.
What makes you think companies will want you use your platform?
All LP’s and retailers are required to use a seed-to-sale inventory management software to track the lifecycle of the products to ensure they don’t end up on the black market. That software costs roughly $5000-$10,000 upfront and about $50,000 per year. We’re offering that software completely free. This will attract companies to our software. The trading platform will be fully integrated and extremely easy to use. Not only will our clients be saving money to use our software, they’ll have a stage that enables them to sell their products efficiently as well.
How will you make money?
Business users of the e-commerce trading platform will have the option of a monthly subscription fee or a pay-per-use transaction fee to accommodate their sales activities.
We will also offer ad space on the platform for buyers and sellers to market their products
What sets you apart from your competitors?
Most of our competitors today haven’t built their inventory management systems on the blockchain. This greatly improves the sustainability for accurate information. The industry is still in its infancy as well as the regulations that are expected to guide it. As more governments continue to adopt cannabis for medical and recreational purposes, they’ll need solutions that provide this level of security, transparency, traceability, and control.
Most of our competitors don’t offer a cryptocurrency that can be realistically used in for everyday purchases. It’s our belief that the execution of targeted incentives will stimulate the use of our currency, achieve adoption for daily use of it and therefore create stickiness to our ecosystem.
What have you completed so far?
We’ve started developing the framework of the ecosystem.
What will you do to ensure sustainable success?
We feel that our ecosystem will address the needs of all stakeholders and therefore become a necessity for the industry. Our B2B trading platform will enable LP’s, distributors and retailers to increase revenue and create strategic alliances. Our mobile app will enable secure ease of access for medical and recreational consumers to the products they need.
Can you tell me about your team members?
Our team consists of marketing and ICO experts, software development experts, business/securities and patent legal experts, a taxation expert, cannabis industry consultants and a licensed producer of cannabis.