O Potcoin foi criado em 2014 e desenvolvido por um grupo que buscava apoiar o cultivo da cannabis e do cânhamo nos Estados Unidos. Artur Nicoceli e Iasmin Paiva – Forbes Money – 9 de abril de 2021
Ᵽotcoin is a Proof of Work cryptocurrency, that was created much like Bitcoin was. The first block was mined on January 15th 2014, simultaneously making PotCoin (Ᵽ) the very first industry-specific cryptocurrency. The first use of blockchain within the cannabis/hemp & agriculture sectors.
Ᵽotcoin’s initial plan was to create a decentralized open source network to facilitate the transition of the legal cannabis industry into the digital age and so, on January 21, 2014, news was released publicly and the world started mining and supporting the network.
By 2015, several companies in the PotCoin community had made exclusive ATM (pATM) machines and placed them in several dispensaries in Colorado, making PotCoin one of the first crypto-centric decentralised organizations in history to have an exclusive interface with the public.
On June 12th, 2017 the community sponsored Dennis Rodman to go to North Korea and negotiate peace between the United States and Kim Jong-un, leveraging his personal relationships with both President Trump and the Supreme Leader. While this endeavor effectively promoted the pacifist values of the community, it also proved to be highly profitable for the notoriety of the coin and the project as a whole. Ᵽotcoin’s community grew 600% overnight.
On February 22, 2019, Ᵽotcoin unexpectedly lost their lead developer, Snowy13, to cancer. Jim was a seasoned coder with a hyperledger background who believed in the Ᵽotcoin mission and volunteered the (unbeknownst) last months of his life to the Ᵽotcoin community. The tragic loss of Jim marked a pivotal moment for the project by giving the core team a new and broader cause that aligned with Jim’s own beliefs towards blockchain and decentralization.
- Open source.
- Truly Decentralized.
The PotCoin Foundation was founded to help educate about the PotCoin Network, POT (PotCoin’s cryptocurrency), fund development and ecosystem partners, and sponsor marketing efforts to raise awareness of PotCoin’s mission. The PotCoin foundation was funded and supported by veteran and founding community members.
The PotCoin foundation will fund researchers, developers, and other community members that are looking to strengthen the PotCoin network. Our application portal is scheduled to launch in Q4 of 2021.
The PotCoin foundation will be structured as a Decentralized Autonomous Organization (DAO). Decision-making, use of funds, and development effort will be decentralized and voted on by PotCoin holders and community members.