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Paragon Review

2

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Very good

Revainrating 4 out of 5  
Rating 
4.0
Crypto Projects, ERC20

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Description of Paragon

Paragon seeks to pull the cannabis community from marginalized to mainstream by building blockchain into every step of the cannabis industry and by working toward full legalization

Reviews

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Type of review

In support of the Paragon project, the view is expressed that successful technical implementation can have positive consequences for the entire agricultural industry. The emphasis is placed on the possibility of transferring the activities of manufacturers and suppliers to blockchain and smart contracts.

Pros
  • (+)- the preservation of the full information on marijuana and its use of medical standards, prescribed by doctors, verification of customers and suppliers; (+)- fixation in the Paragon system of the complete production procedure – from the quality of seeds and soil to the production of ready-to-use product; (+)- support for cryptocurrency, which will become an official means of payment for settlements.
Cons
  • (-)- the lack of a specific action plan to achieve a rather complex goal – the withdrawal of the drug from the shadow industry in the legal sale worldwide; (-)- there is no legal strategy – the project is expected to create a platform for joint action, it seems that the project will continue to move only on the enthusiasm of users, not developers; (-)- the source code of the Paragon blockchain is not publicly available; (-)- The Whitepaper contains merely General plans without a detailed description of mechanisms for their implementation; active development is carried out to support the cryptocurrency Paragon, but its real value has not yet been disclosed due to the lack of functionality; (-)- there is no transparency in the ICO – the ability to identify the exact amount received by developers from investments is absent; also there is no accountability for the expenditures.

i really hope that this will happen soon, nowadays ico projects dont ride on their roadmap schedule anymore and ppl losse interest in the project pretty fast due to trust loosing and everyone dumps and then i start to cry. I've just read the medical marihuna post regarding Peru. Good news for people who can be helped with this as a medication. I hope Paragon uses Peru as another one of their bases. I do expect them to start somewhere in the US and perhaps the Netherlands and grow from these…

Pros
  • When you buy from PARAGON you know what you buy, the moment the seed was planted, what nutrients, all the information about the soil, ...When you buy you know you dont buy crappy. Only high quality from PARAGON.
Cons
  • i think everyone who invested into paragon have lost their money - so many red flags in the very beginning, but so many people too stubborn to see, because its cannabis! If they will be as good in their actual business as they are in their marketing I'm not worried about a successful future of Paragon. I would Buy them while they are cheap! Its unpredictable when it will moon, good be well before the bitcoin HF