VIDEO Webinar: Introduction of MOTA coin, a Blockchain Based Payment Solution for the Cannabis Industry.
MOTA coin Developers host a webinar to explain the purpose MOTA coin.
MOTA coin is intended to serve as the primary payment rail within the marijuana industry, facilitating electronic payments and receipts for legal marijuana businesses.
The MOTA Coin design and development team spent months studying previous attempts (most failed) by other cannabis related coins/tokens to find a workable, legal, user-friendly and safe blockchain solution for the marijuana industry. This research led the team to build MOTA coin around three primary criteria:
- MOTA coin is rooted in simplicity
- MOTA coin is designed with ease-of-use in mind to encourage rapid user adoption.
- MOTA coin goes against the grain of most cryptocurrencies by setting a fixed, stable exchange price on a weighted algorithm based on the average price of marijuana in legal cannabis states as well as being pegged to the U.S. dollar.