More Info About ICO
|ICO Name||Cannabium (PreICO)|
|Start Date||November 16, 2018|
|End Date||October 01, 2019|
Introducing Cannabium, a crypto-token backed by cannabis. Cannabium is an evolution of the use of blockchain technologies, enabling trade in an emergent commodity. The correlated product is cannabidiol, or CBD, a non-psychoactive3 extract of the cannabis plant. CBD is widely used in medical marijuana formulations.
|Price||1 CNAB = 0.08 USD||Sale||16,250,000||Payment Mode||ETH|
|Soft Cap||3,000,000 USD||Hard Cap||48,000,000 USD|
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.