MAJATO TOKENS (MJT) PRE-SALE
Soft-cap is 880 ETH (1 MJT = 0.0011 ETH)
Ends on February 3, 2018 (12am EST)
Majato Project is the blockchain-based project with the thoroughly calculated goals of creating and evolving two interrelated elements: the actual production and distribution of cannabis products in countries and jurisdictions where such activities are legal, and the interactive blockchain platform uniting the legal cannabis market participants. It will establish a uniform high standard of product quality and introduce the conscious and “civilized” consumption principles among cannabis consumers.
The use of blockchain as the core technology will make all stages of production, distribution and even consumption of cannabis products completely transparent and clear for all market participants.
Production of high-quality cannabisThe Project is about real production of high-quality cannabis to be provided to owners of the MJT Token. Own production ensures that the actual product will still be available via the Majato ecosystem despite any changes in the market.
Introduction of the uniform product quality standardWe plan to introduce the industry quality standard for the cannabis products and will support it with independent lab tests done by professional cannabis testing laboratories.
Unrivaled production and distribution transparencyImplementation of the blockchain technology will allow each MJT Token owner – and each market participant registered with the Majato Platform – to have unrestricted access to all product information in the seed-to-sale format.
Autonomous ecosystem for the industryWe introduce to you the unique informational and technological ecosystem – the Majato Platform – that unifies all stages of cannabis production and distribution, enables access to all market participants, and lifts the existing payment barriers, all thanks to the blockchain technology and the MJT Token.
The Majato Project is the pinnacle combination of the two most currently important commercial and IT trends: the legal production and distribution of cannabis and the use of the blockchain technology in all stages of cannabis production and distribution.
The first and main goal of the Project: create the actual, fully legal business of full-cycle, seed-to-sale cannabis production and distribution in countries and jurisdictions where such activities are legal.
Implementation of blockchain as the underlying technology for the Project helps achieving the second goal: create a global, decentralized, blockchain-based platform for bringing together all participants of the cannabis industry – independent growers, scientific and research laboratories, consumers to name a few.
The intended result of the Project is the actual production of the cannabis with its distribution to owners of the Project’s digital settlement instrument (the MJT Tokens) and creation of a smart contracts-based ecosystem that is fully legal, secure, easily accessible by all market participants and backed by the real and material cannabis product.
The Project is based on blockchain as the only viable technology solution for its implementation. What it provides in the terms of the Project is security and transparency of transactions; creation and use of the MJT Token as a settlement instrument; recording of all production steps and stages for the strict quality control; and use of reliable smart contracts for all transactions and actions on the Majato Platform, just to name a few.
Blockchain as Project’s Core Technology
The transparency and tokenization of payments provided by blockchain will allow the industry to literally weed out its bad seeds in terms of at least the product quality and customer service, and finally resolve the cashless payments problem. Once the Project expands, blockchain as the underlying technology will allow unprecedented transparency and security of the global cannabis market, where any participant will be able to track any product or transaction in the seed-to-sale format.