INTRODUCTION
The cannabis industry has traditionally been illegal and fragmented, but the official recognition of many of its health benefits is increasing its legitimacy. Several countries have already legalized the production, distribution, and use of cannabis and many other countries are following in their footsteps. Governments are taking advantage of the opportunity to convince users of cannabis that contains high tetrahydrocannabinol (the level of THC in the plants is the basis for classifying the cannabis as narcotics or not narcotics) to instead use cannabis with low THC and a higher level of cannabidiol. (CBD are the cannabis components that provide health benefits.)
The cryptocurrency industry has been around for a few years and, despite the crowd’s initial hesitation, is gaining ground by the minute, just like the cannabis industry. We think that combining the two industries is a winning concept and a way to maximize their potential. Utilization of the blockchain technology is ideal, mainly because of its immutable open ledger, smart contracts, and many other functions that support the investor community and the cannabis industry.
BACKGROUND & MISSION STATEMENT
In 2017, Swiss legislation regarding the production, sale, and use of cannabis (containing a maximum of 1% THC) was changed. The new legislation gives companies the right (with proper authorization and licenses) to cultivate cannabis plants and distribute cannabis within the country.
MISSION STATEMENT
VIRIDI seeks to make the cannabis industry mainstream by utilizing the blockchain wherever cannabis is or will be legalized. Our strengths are our unique and attractive investment opportunities in cannabis production in Switzerland.
We aspire to
● support the standardization of the cannabis and cryptocurrency industries
● support the reduction of illegal cannabis distribution by legalization
● increase health awareness
● develop a smart system that facilitates linking cannabis and cryptocurrency
● be responsible and transparent and make a commitment to legislation, ethics, and morals
● be unique and break new ground by taking advantage of the combination of two lucrative and growing industries and technological advantages
● give our members a voice (ideas for future development and continuous improvements are welcome).
eXer Global – Family
KEY FEATURES OF VIRIDI
● VIRIDI
The Main Company for VIRIDI is Exer Global group Corp., based in Cyprus, and the trustee for VIRIDI is “GUARDIANS OF VIRIDI AG”, based in Lichtenstein. Our highly specialized team of experts and consultants handles most of the application development, primarily in Europe. VIRIDI provides an extensive system built on cryptocurrency and cannabis production, featuring a platform for wallets, integration with public exchanges, and much more.
● DEVELOPMENT
The COSS (Crypto-One-Stop-Solution) encompasses all features available in a cryptocurrency-based digital economic system. The system unifies all aspects of transactions that are normally managed using FIAT money. This system offers solutions for investments, exchange, wallets, and transactions.
VIRIDI AFFILIATE NETWORK
A large part of VIRIDI will be distributed via an affiliate system, in which members will be rewarded with coins for expanding the network with new members. It is up to members who have VIRIDI to choose how to get the payments via, for example, new VIRIDI or another well-known cryptocurrency (that can be exchanged for FIAT money). Any investment in VIRIDIgenerates a seven-level commission upwards in the network, and it is up to members (who are eligible for any commission) to choose whether they want VIRIDI or another cryptocurrency (one main currency must be set as default by the members at every point in time). Until VIRIDI is launched on a public currency exchange, the VIRIDI coins (through any of the programs/projects) are distributed to qualified members of the company only. After VIRIDI is launched on a public exchange, people outside the company member network can invest in VIRIDI without member benefits (such as commission on any investment in VIRIDI).
BLOCKCHAIN EXPLORER
A blockchain explorer is a web-based tool (https://explorer.viridicoin.net). It allows users to view the balance of the VIRIDI wallet. It is an open ledger, and all transactions, including historical transactions, can be viewed.
The application is accessible without authentication and provides statistical network data such as:
● the total amount of VIRIDI in circulation at any given time
● the transactional volume available in various time slots (1 hour, 24 hours, 7 days, and one month)
● the number of blocks, wallets, etc.
● the price of the VIRIDI on various exchanges.
VIRIDI WALLET
The VIRIDI Wallet is a cross-platform wallet that allows users to store VIRIDI.
The wallet provides the following functions for VIRIDI:
● generates a new address on the blockchain network
● allows users to view the VIRIDI balance and send transactions to other wallets
● allows users to view transactions and pending releases
● allows users to view and create staking deposits (Masternodes)
● allows users to create payment requests and display them as QR codes
● allows users to scan QR codes to send VIRIDIpayments
ECOSYSTEM
One key driver of VIRIDI coin’s value is the fact that VIRIDI makes investments in cannabis companies in Switzerland. Return to VIRIDI coins owners is based on the dividend from cannabis companies. VIRIDI is a unique currency with a lucrative physical product and business behind it. VIRIDI will offer to wallet owners access to both online and offline transactions.
LEGALIZED CANNABIS INDUSTRY
Over the past few years, the legal use of cannabis has grown exponentially, and worldwide sales of legal cannabis are rising even faster than experts predicted. From 2016 to 2017, the industry saw a 33% increase in sales, and legal cannabis sales are predicted to reach €22 billion by 2020-2021. With many countries legalizing cannabis for recreational use and Canada that already begun nationwide sales on 17 October 2018, no industry besides the cryptocurrency market is changing as rapidly as the cannabis sector. In the United States, recreational use is legal in many states and increasing. In Europe, recreational use is legal in several countries and increasing. Many nations around the world have either passed laws or are moving towards legalization.
VIRIDI PRICING
● Early investors 0,1 EUR (qualified membership required).
● Pre-sale on exerglobal.com price 0,5 EUR (qualified membership required).
● Pre-sale on viridicoin.net step 1, price 1,50 EUR + 20%, maximum 15 million to be sold.
● Pre-sale on viridicoin.net step 2, price 1,50 EUR + 10%, maximum 15 million to be sold.
● Launch on public exchange planned at 2,00 EUR but can increase according to demand.
● Further pricing is based on supply and demand.
VIRIDI PRE-SALE GENERAL
● Dividends for pre-investments are made in the 3 rd – 4 th quarter of 2018.
● Viridicoin.net will be launched by the 1 st quarter of 2019.
● The launch on public exchanges starts after the final pre-sale on viridicoin.net 1 st quarter of 2019.
TECHNICAL SPECIFICATIONS
● Name & ticker: VIC
● Consensus algorithm: POW/POS
● Instant mine protection: First 520 blocks
● Hashing algorithm: HEX
● POS starting block: 521
● POS phase duration: 17 years
● POS block reward: 2.628.000 year /7.200 day/300 hour/5 min.
● POS block reward distribution: SeeSaw
● Estimated VIC supply during 15 years of POS: 45.000.000
● Block size: 1 MB
● Block time average: 1 min
● Number of transaction confirmations: 6
● Maturity: 60 confirmations
Viridi Masternodes
Light
● 7%: of Block Reward
Required
● 5000: viridi
Medium
● 30%: of Block Reward
Required
● 15000: viridi
Full
● 60%: of Block Reward
Required
● 25000: viridi
Fund distribution
● 77.5 Million Operation and Production
● 46.5 Million Marketing and Exchange Sites
● 31 Million Technology and Innovation
Coin distribution
● 90 Million Early Investors
● 30 Million 1th & 2th Stage Contribution
● 45 Million Mining & Masternode Reward
● 20 Million Dev and Founders
● 10 Million Bounty & Airdrop
● 5 Million Advisiors
Roadmap
4th Quarter 2017
● Exer CanaPlus Ltd established
● Viridi Token born
● Presale Tokens
● Location found for cultivation
● Legal certification for cannabis cultivation
● Build website
1th Quarter 2018
● Presale tokens
● Grow lamps and test cultivation setup
● Product testing, test cannabis strains and classification
2th Quarter 2018
● Presale tokens
● Start development viridi windows wallet, online webwallet, Masternodes and blockchain
3th Quarter 2018
● Presale tokens
● Second cultivation setup 1000 kg.
● Viridi blockchain go live
● Release of online webwallet for Viridi Coin
● Development viridi windows wallet, Masternodes and blockchain
● Social Communications setup
4th Quarter 2018
● Viridicoin.net presale 1-2 open total 30.000.000 coins presale 1 + 20%, presale 2 + 10% viridicoin
● Airdrops and Bounty program
● New investment plan for 2019.
● Agreement with the cannabis farm in Schaffhausen ended, Viridi start investing in Cannabis stocks.
1th Quarter 2019
● Test of Viridi windows wallet
● Swap of Viridi token to Viridi Coin (VIC) 23/3-2019
● Viridi coin on exchange site http://www.coinexchange.io
● Proof Of Parking (POP) ready for first lock from 23/3 to 5/4-2019
2th Quarter 2019
● Payout from Proof of Parking (POP) Q1
● Release Masternodes LVL 1-2-3
● Release of Viridi windows wallet Viridi coin on more exchanges sites.
● New investment possibilities for Viridi coin
For more detailed information, please visit the link below:
● Website: https://youniq.exerglobal.com/
● Telegram:https://t.me/youniq_exerglobal_group
● Facebook page: https://www.facebook.com/youniqexerglobalgroup
● Twitter : https://twitter.com/YouniqG
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