Review on HempCoin by Toprak Dere
About HempCoin
HempCoin is a cryptocurrency developed specifically to provide liquidity to the agriculture and farming industry. It acts as a platform for global transactions between farmers and distributors worldwide. The main purpose of this decentralized payment platform is to support the trillion dollar agricultural industry worldwide.
HempCoin works on masternodes. With their funds, users can enjoy additional security, privacy, and transactional options through masternodes. The users' fund will act as collateral for masternode holders and ensure that no compromises are made in the process.
The platform uses the Proof of Stake (PoS) mechanism to distribute the rewards among its users. You can deposit your THC coins through online wallets.
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Pros
- HempPay partners with online gateways and popular e-commerce destinations to promote itself as a payment option.
- The project uses ambassadors from around the world to host local meetups and promote HempCoin both online and offline.
- While focusing on exploring the use of HempCoin for indoor agriculture, it is also expanding the use of cryptocurrencies in the agricultural industry.
Cons
- only listed in three exchanges
