CRYPTO N' KAFE - New Cryptocurrency Which Revolutionizes African Coffee Industry
“A cup of coffee is a global language that unify a myriad of people. This unity is brewed in a pot of mutual understanding, respect and love for the sizzling, liquid courage known as coffee irrespective of location".
There is an exciting new blockchain project I want to tell you about today. It is Crypto N' Kafe, a decentralized platform that harnesses the power of blockchain to bring together coffee farmers and buyers in one great new ecosystem. A direct connection between the consumers and farmers is an excellent step forward in the coffee industry. This should help create more favorable pricing for both parties while also having secure and transparent transactions. Today, many small farmers in third world countries are struggling to break even. They often do not receive fair pricing or payment. There will be a number of different smart contracts that can be used to conduct operations. Smart contracts are basically secure digital agreements that cannot be changed. This provides just what these farmers need.
The coffee industry is worth well over $20 billion dollar annually. Coffee is the most predominate beverage in the world and has an affinity for mountainous terrain. Everyday, over 2 billion cups of coffee is consumed, most of which is produced by the twenty-five million or so farmers spread across sub-Saharan Africa, Latin America and South Asia. Majority of these farmers struggle with financing and are constantly battling against harsh conditions due to the opacity of the industry.
Crypto N’ Kafe makes it possible to alleviate coffee farmers gloomy outlook through implementation of blockchain technology for a stress-free trade that will result in fair price, and a rapid decline of inflation in the industry.
Crypto N’ Kafe will leverage smart contract for an efficient chain supply in the market that will be trusted and beneficiary to the economic conditions of coffee farmers. The platform is the first platform to resolve the coffee’s market gray areas and address underpaid coffee farmers in Africa. Farmers will have a broader exposure alongside and hassle-free approach to payment. For the first time too, the coffee market is upgraded into a modernized and cutting-edge approach making coffee trade transparent, frictionless, secure, and auditable.
Why Crypto N’ Kafe?
The Crypto N’ Kafe is designed to help increase the average income of farmers and promote efficient and transparent supply chain. There is no hidden margin/markup per coffee transaction. Furthermore, the transaction is done peer-to-peer in CNK token (cashless medium) without going through any central authority such as government, company or bank.
BENEFITS FOR CONSUMERS
High quality coffee is cheaper than in stores
Coffee is purchased online easily and easily
Unlimited access to preferred suppliers
BENEFITS FOR FARMERS
Full price control and product list
Direct marketing and promotion to consumers
Fast and detailed customer feedback
VALUE OF CNK CHAINS
FARMERS
Get the best knowledge about coffee trade
Earn higher revenue
Skip the middleman
Financial freedom
TRADERS
Easier payment method access
Export worldwide with lower costs and faster shipments
Free from complicated banking procedures
ROASTER
Make a deal directly with farmers and traders
Switch to simple, low-cost payment process
Trade on one-stop B2B trading sites
RETAILERS
Take advantage of powerful tools for retail systems
Offers easy access to end customers with mobile wallets,
debit cards and P2P exchanges
Trade on one-stop B2B trading sites
How It Works?
This card can be loaded with funds from the CNK web or mobile wallets and is usable wherever credit cards are accepted.
There will be Crypto N' Kafe tokens, or CNK tokens, used for transactions. There are many benefits to using CNK tokens. Some of the advantages that farmers have when using this platform are full control of listings and pricing, sales direct to consumer, fast feedback, and higher income by cutting out the middleman. In many cases a farmer today receives less than ten percent of the retail price for his coffee. By giving farmers direct access to the end consumer, their profits should greatly increase. Coffee traders benefit by having easier payment methods, they can avoid messy banking procedures, and they have better access to coffee purchases around the world. Coffee roasters and benefit from dealing directly with traders or farmers as well as simple payment options. Retailers are also benefited by many of the same reasons as listed before. The best thing about using tokens is the fair trade that it creates. There can be no hidden markups or costs when making transactions with the CNK token. Additionally, there are no government regulations involved to hinder these transactions and the trading of coffee.
Token Sale
The pre-ICO sales will start from 18 Jan 2018 to 29 Jan 2018. There will be 25%-35% bonus for those who purchase the token during this period depending on their ETH contribution amount.
As for the ICO sales, it will begin from 4 Feb 2018 to 16 March 2018. Token purchaser will be eligible for 5%-25% bonus depending on different ICO stages and ETH contribution amount.
Conclusion
It is a wonderful idea. If all the coffee lovers around the globe support this ecosystem, the potential will be huge.
What Is The Future Roadmap?
The CNK token is targeting to be listed on Cryptopia exchange in March 2018. The CNK token mobile wallet on IOS and Android platforms will be developed from June to July 2018. In addition, there is also a plan to launch CNK debit card to facilitate the transaction.
Team
Curious about CRYPTO N' KAFE, watch here:
For more information, please visit here:
Crypto N’ Kafe Website
Crypto N’ Kafe Whitepaper
Crypto N’ Kafe Telegram Chat
Crypto N’ Kafe Twitter
[ANN][Pre-ICO] CNK Coin– First Coffee Trading Ecosystem Built on Blockchain
Disclaimer: This article is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Eth Address: 0xe9c44053F84ce9fd7f7c325Bc415495208c2fb3C
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