Overview

  • Country USA
  • CategoryFinance/ Global Exchange Platform

The Nuvus Blockchain formed to build a Global Exchange Platform for data transfers, supply chain integrity, services & products for the cannabis industry.

Project stage

Only a whitepaper

Detailed description

Nuvus Blockchain is formed to build a global ecosystem called “Global Exchange Platform” for data, supply chain verification & industry wide global exchanges of services & products using distributive ledger technologies and trustless trust platforms for the agricultural industry initially focusing on the cannabis industry. 

Main mission involves introducing a trustless verification system on all supply chain & business transactions in the cannabis industry, providing growers, processors, distributors, retailers, doctors and users full transparency into the supply chain, from seed to user distribution, with decentralized private & public blockchain verification at every step. This will provide total transparency & auditability to all industry participants adding significant value to the industry.

Problem

  • Lack of Traceability
  • Lack of Auditability
  • Disparate Central Ledgers
  • Lack of Consensus
  • Lack of Chain of Custody
  • Lack of Trust
  • Lack of Standards
  • Lack of Compliance

Solution

New technology could help solve these industry problems by providing a trustless verification system utilizing loT and sophisticated sensor technology on all supply chain transactions in the cannabis industry.

If adbopted globally, the blockchain will add billions of data points to the supply chain, benefitting medical research and proper diagnosis in patients.

We intend to build a global exchange that goes beyond payment systems. It is a place to exchange data, services, ideas and a place for doctors and patients to provide a feedback loop on the medicinal aspect of cannabis.

Features

  • Understand the regulatory, legal, and technological needs and challenges of the Medical Marijuana grow industry;
  • Continually advance the medical marijuana blockchain data ecosystem;
  • Establish strong vendor and partner relationships with technology firms, doctors, scientists, universities and government to ensure integrity and value of the data;
  • Attract, hire and retain highly qualified professionals to sell, manage, monitor, and service the various technological component parts and software systems required to support the ecosystem;
  • Provide a simple, secure, user-friendly global exchange platform for the stakeholders;
  • Create billions of data points and hundreds of millions of dollars in transaction value;
  • Establish supply chain integrity.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : GET
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 35,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :5,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :200,000,000 GET
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist N/A
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    Unsold and unallocated tokens will be destroyed.

      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      01 Jun 00:00 UTC
      31 Aug 04:00 UTC
      0.8 USD 30% - 5,000,000 USD 35,000,000 USD
      Pre-sale — Ended
      01 Feb 00:00 UTC
      27 Apr 00:00 UTC
      NA 60% - Uncapped Uncapped
      • Team

        • Sam Talari photo
          Sam Talari
          Chairman
        • John Verghese photo
          John Verghese
          Chief Operating Officer
        • Terry N. Gardner photo
          Terry N. Gardner
          Vice President of Engineering
        • Deirdre Fernandes photo
          Deirdre Fernandes
          Director of Operations
        • Bobban Subhadra photo
          Bobban Subhadra
          Researcher
        • Olga Krynina photo
          Olga Krynina
          Marketing
        • Alan Mathon photo
          Alan Mathon
          Researcher
      • Advisors

        • Lynn Brewer
          Advisor
        • Matthew Lillard
          Advisor
        • Dali Kranzthor
          Advisor
        • Aleksi Aaltonen
          Advisor
        • Mari Luukkainen
          Advisor
        • Jan Borgelin
          Advisor
        • Paul Aiello
          Advisor
        • Maury Winnick
          Advisor
        • Jenny Wilkins
          Advisor
        • Ron Hartenbaum
          Advisor
        • Mark Trev Huxley
          Advisor
        • David Barnes
          Advisor
        • Katy Bruce
          Advisor
        • Vincent Tizio
          Advisor
        • Timothy Del Vescovo
          Advisor

      Roadmap

      • Sep 2017

        Team initiates preliminary preparations for an ICO by developing industry's most comprehensive white paper

      • Oct 2017

        Team begins recruiting blockchain consultants, platforms, programmers

      • Nov 2017

        Team completes white paper and related marketing site for preparation for Pre-ICO

      • Dec 2017

        Team begins selling Pre-ICO to selected groups, Angels and VCs

      • Jan 2018
        • Team begins first phase of the crowdsale. Launch Token contracts onto Ethereum, Security audits & admin testing
        • Team completes its ICO and begins developing Nuvus Protocol & its integration with CognetiX
      • Mar 2018

        Team rolls out its first version of its Nuvus Protocol to selected groups for the Cannabis industry as beta

      • Jun 2019

        Global Roll Out

      Activity