Jibbit - blockchain for legal marijuana trade

Drugs are a great evil. Frankly, when I saw this project for the first time, I was even horrified - how is it that the moderators in Bitcointalk generally miss, because this is the cannabis trade? However, it turned out that the project is not just unique, but even, I would say, more useful than many others, conducting its ICO.

The fact is that cannabis can also bring benefits to human health - for example, it soothes hopelessly sick people. In many countries, unfortunately, the needs of such groups of people are not specifically addressed, the project is intended to solve legal issues through the introduction of blockchain technologies.

Problems :

- In most countries there are no legal opportunities to buy such medicine;
- fake recipe. Virtually any pharmacy has no technical ability to check the prescription, however, this problem is solved with the help of blockchain technologies;
- to track the processes of production and supply is virtually impossible. In order for such a product to remain legal, it must be grown under the careful supervision of certain structures.

The essence of the project
Jibbit is a project created specifically for the legal trafficking of cannabis. The three main components of the platform: Jibbit doc, Jibbit marketplace and Jibbit runner.

Let's look at them in more detail :

Jibbit doc . It is a blockchain system for direct interaction of doctors with patients who need medicine. All user actions are recorded in a smart contract. In addition to doctors and patients, Jibbit Doc will also be used by manufacturers.

Jibbit marketplace . The technology is an electronic store in which the patient can legally buy hemp, as well as sell. Yes, everyone can grow this light drug, however, for this you will have to go through a lot of checks and get special certificates. The developers have already presented a mobile service, with the help of which the patient can easily and conveniently choose a seller and order home delivery.

Runner Jibbit . System for courier delivery hemp. The patient, to become a user of this system, you must first obtain a plastic card from your doctor. The order will occur with its help, as well as the account of all actions of the user. Any transaction will be recorded in Blockchain, so it’s impossible to cheat the system.

Token

The name of the coin is jib. The minimum amount for investment is the equivalent of $ 100, you can only buy coins for etriums. The bottom bracket of charges is $ 1 million, the hardcap of the project is $ 18 million. The project has been registered in Germany and has so far been banned in the United States, Canada and China.

Pre-sale. The period began on July 1 and will last until the end of the month. 1 system token costs 0.0375 US dollars.

Ico . The period will start from August 1 and will last the entire month. The price of the main sales period is up to $ 0.05 per coin.

How will all tokens be distributed?

10% was sold on private sales;
10% presale;
10% pool of advisors and teams;
5% allocated for bounty and holding airdrop;
40% pool of main sales (divided into 4 phases, in each of them equal shares will be set);
20% pool of development, marketing and legal issues;
5% share of founders and reserve.

How will the collected funds be distributed?

35% marketing pool;
10% of the funds for the listing;
35% pool of funds for development;
6% other expenses;
10% development of the cannabis industry;
4% legal and bank charges.

Site and documentation

The project’s main webpage is presented in 3 languages: English, German and Spanish. Presented in English, Whitepaper is a voluminous (49 pages), well-developed document containing useful statistical information about the drug and all that cryptoinvestors need to know.

Command

The site lists 24 employees of the team, 10 advisers and 2 high-level lawyers.

Social networks
The project pays the most attention to its group in Telegrams - as of today (July 22), there are already 40,414 users here. 969 people read Twitter, Facebook - 699, youtube - 187, medium - 11. A smart contract and everything you need is already posted on the github profile of the project. Also, the project is active in Reddit, there are profiles in the VC, discord, slack.

Distribution of bounty funds :

5% (1,050 coins) allocated for a Telegram subscription;
15% (3.15 million JIB) allocated for subscription campaigns;
17.5% (3.675 million JIB) pool of funds on Facebook;
17.5% (3.675 million JIB) allocated for support on Twitter;
5% (1.05 tokens) allocated to reddit;
5% (1.05 million JIB) telegram campaign;
25% (5.25 million JIB) campaign content;
and the last 10% (up to 2.1 million JIB) pool of translators.

Road map

The team began analyzing the cannabis market and blockchain creation opportunities in the 2nd quarter of 2017. In the 3rd quarter, a working group began to meet, and, already in the 4th, the development of an ecosystem is underway. And the creators are planning an ICO. 2nd quarter of 2018th: Jibbit Doc prototype has been created, developers are starting to create Jibbit Runner. For the 3rd quarter, according to the team’s plan, all sales and testing stages will be performed by Jibbit Doc. The final versions of all three platform components will be released in the 3rd quarter of the 2019th.