Conventment is an IoT-based security and logistics platform built for the legal cannabis industry. Built with scalability and productibity in mind, Conventment aims to create a connected platform for the future of the cannabis industry and potential hurdles. Conventment utilizes technologies such as Python, Ethereum DLT, low-cost sensors (RFID/NFC) & customized IoT middleware (currently based on Zerynth) in order to achieve an error-free way of record-keeping and give businesses a streamlined platform to conduct their operations with zero downtime.
With the international market for legal cannabisrapidly expanding, businesses and organizationsare continuously workingto keep up with consumer demand. Growth in the legal cannabismarket isn't expected to slow down anytime soon and it'simportant to focuson how distributorscan improve their speed to market rather than simply growing more cannabis. From growth to final sale and everythingin between, businesseswill require a platform that'sable to streamline a large number of time-consumingprocessesin order to meet the needsof consumersquickly.
Conventment isbeingbuilt with scalability and productivity in mind. Utilizing advanced technologiessuch asEthereum, Python, and IoT middleware, Conventment aimsto become the 'Internet of CannabisLogistics' by connecting businessesin the legal cannabisindustry. Businessesusing Conventment become a member of the Conventment Distributed Ledger Alliance (DLA) Center which enablesinventory detailsand live B2Bcommunications. Businessesand organization can connect with one another, request products, form contracts, share ideas, discussservicesand more. With productsbeingconnected to low-cost RFID or NFCtags, inventory can be continuously updated in real-time. Aside from general inventory, shipmentsare also tracked in the DLACenter which can be used to resolve supply and lossprevention issues.
CNVT Token Generation Event (TGE)
During Q3 2018, we will be holding our TGE where Investors can obtain CNVT tokens before they hit the market.
From August 30th to September 6th, we'll be holding a private sale of TGE tokens for a flate rate of 0.001 ETH each.
From September 30th to October 6th, we'll hold our public sale at a starting rate of 0.0023 ETH per token.
- Soft Cap: 9200 ETH
- Hard Cap: 47000 ETH
- Total Supply: 100,000,000
CNVT Token Details
The CNVT token is a decentralized ERC20 token based on the Ethereum network. CNVT tokens will be utilized in the DLA Center's upcoming B2B Bidding function for grow centers and manufacturers. Aside from being used as funding through the TGE, CNVT tokens also have the potential be a viable form of payment in dispensaries.
TGE Details
In August, Conventment will launch a private sale through the TGE which will last 1 week. Unsold tokens from the private sale will be transferred to the public sale which takes place in September. 75% of the total CNVT supply will be available during the public sale.
The TGE will end immediately once 45% of the Hard Cap is obtained.
CNVT Token Distribution
- 75,000,000 available for the public sale (75%)
- 5,000,000 available for the private sale (5%)
- 5,000,000 for Development & Outreach Expenses (5%)
- 7,000,000 for the Conventment Reserve (Locked for 24 months) (7%)
- 5,000,000 for Bounties (5%)
- 3,000,000 for Team & Advisors (3%)
Conventment DLA Structur
eIn order to have access to the DLA Center, a business or organization must display their inventory after connecting to one of the 3 Conventment Distributed Wireless Statistic Networks (CDWSN) and agreeing to the DLA Terms of Service. With different sensor networks to connected to the DLA Center, product manufacturers, dispensaries, shops and grow centers can all communicate and cooperate with one another in real-time. When an item or product is tagged with an RFID or NFC sensor, it immediately registers with the appropriate CDWSN. Statistics for tagged items can be viewed in the DLA Center which include vital information such as temperature, humidity, contamination testing, THC/CBD content, shipping details, payment details and other important vitals. In shops, the DL
A Center is also used for payments and billing which will allow for a range of payment options such as physical currency, digital currency, debit cards, credit cards and more.
Easily accessible from most devices
After becoming part of the DLA, he DLA Center can be easily accessed from most devices with an Internet connection. This includes most laptops and tablets.Smartphone connectivity is possible but not recommended with the Alpha version of the DLA Center.Each batch and product connected to the sensor in a the organization can be seen by clicking the mouse or touching the screen.
To grow Central employees, temperature and humidity of all batches currently can be seen and analyzed. For producers and growing centers, the DLA Center can be used to see available opportunities. B2B communication services between employees and other businesses will eliminate the need for e-mails that waste track time or the needs of various applications in different services. Everything an employee in the legal marijuana industry needs is available at DLA Convention Center.
For more complete information, please join the following community link:
https://bitcointalk.org/index.php?topic=4800594.0 https://conventment.com/ https://dlacenter.com/conventment/conventment_whitepaper.pdf https://t.me/conventment https://www.reddit.com/user/Conventment https://facebook.com/conventment https://twitter.com/conventment https://dlacenter.com/
- Author: buanakata
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