Cannabis users looking for a dedicated online space won't find it on Facebook or Instagram. Both platforms remove content related to marijuana without warning, deleting posts and accounts. The impact
Cannabis users looking for a dedicated online space won't find it on Facebook or Instagram. Both platforms remove content related to marijuana without warning, deleting posts and accounts. The impact hits multiple groups. Individual users lose years of content they've built up. Businesses in the cannabis industry lose marketing investments tied to social media, watching their accounts vanish without recourse.
Smoke Network plans to fix this problem by building a decentralized platform on blockchain technology. Once data lives on a blockchain, no single entity can alter it or remove it. Smoke.io is the first application built on the Smoke Network platform. The app will let cannabis users post photos, articles, trip reports, and explore community discussions without worrying about sudden removal. The platform also pays users in cryptocurrency when other users upvote their posts. An integrated wallet lets users hold SMOKE tokens directly on the platform.
The Smoke Network team has a beta version running on the Steem blockchain right now. They're also building their own testnet and plan to launch the finished platform in the third quarter of 2018. The project has attracted coverage from outlets including The California Weed Blog, Future Block, NewsBTC, CryptoCoins News, and Ganjaprenueur.
People who sign up early will receive 4.20 SMOKE tokens for free once the platform goes live. This gives new users a starting balance so they can begin participating without investing their own money.
Smoke Network will hold its ICO from April 20 to May 25, 2018. The token sale includes a tiered bonus structure that decreases over time. The first week offers a 20% bonus to investors. The second week offers 15%, the third offers 10%, the fourth offers 5%, and the final week offers no bonus. The company is raising capital to finish building the platform and drive adoption within the cannabis community.
Smoke Network is running an airdrop program at the same time. Users can earn SMOKE tokens by completing social actions that promote the platform to the broader cannabis community. Those interested in participating should visit the Smoke Airdrop page. Check Smoke Network's website or their Telegram channel for more information.
