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Friday, November 12th marks the official launch of the Greenheart CBD mobile app, initially available on Google Play, with the App Store to follow shortly.
Using the Greenheart CBD mobile app, individuals looking to purchase Greenheart CBD products will be able to avail of a 40% discount when they use $CBD tokens. Retailers will have the ability to purchase Greenheart CBD products in bulk.
Utilizing a live global map, Greenheart partner farmers can set up their shops in their respective areas and populate them with the Greenheart products they grow and produce. As we continue to expand, customers will have the option to support their local farmers and economy.
Welcoming new Greenheart partners is easier than ever with the mobile app farmer portal. Farmers can submit an application for verification to receive everything they need to switch to CBD farming. This includes seeds, drones, modular extraction units, and packaging as well as ongoing training and expertise.
Staking pools with significant APY will enable the community to fund potential partner farms. The Greenheart family can simultaneously invest in and support farmers around the world with just a few clicks.
For example, if 1,000 customers purchased a product valued at 50 USD with $CBD tokens valued at .03 USD — which would be 1.5 million tokens — 150,000 tokens would return to the reward pool, thereby increasing the potential APY and benefitting all parties, from hemp farmer to investor.
The CBD industry is one of the fastest growing retail segments globally. Forbes estimates the global market for CBD will reach $20 billion by 2024, a huge increase on sales of approximately $500 million in 2018.
Despite the rapid growth of the CBD industry, mainstream banks have failed to provide adequate financing to farmers. Farmers in countless countries exist on a subsistence basis with meager incomes, with little chance of improving their families’ living conditions.
The Greenheart $CBD token is a novel solution from a company that is committed to providing accessible and smart technology answers. As a sustainable DeFi cryptocurrency, farmers who were denied access to traditional funding have a second chance at breaking from the poverty trap — empowered by the community.
With the Greenheart $CBD token, farmers around the world can utilize project and community led loans to switch to CBD cultivation and production. This enables technology to be provided to borrowers, in any country worldwide that wishes to cultivate CBD, within the current and future parameters of the law.
Running on the Binance Smart Chain, $CBD will be the central currency of the Greenheart CBD mobile app, utilizing BNB as gas. To maintain the ecosystem, 10% of all $CBD spent in the mobile app will return back to the ecosystem in the form of staking pools.
About Greenheart CBD
Greenheart CBD Ltd, an Irish company started by two childhood friends, Mark Canavan and Paul Walsh, is innovating to improve the entire CBD production process. Creating their own ecosystem using DeFi blockchain and artificial intelligence, they are working towards full traceability and transparency for their products.
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