JIBBIT ~ PLANKTON

unites the worldwide cannabis community with the cryptomir

About Us:

Jibbit created an ecosystem to connect the worldwide cannabis community (200m +) with Crypto World. The world that really gives the cannabis market, is entirely independent of the financial system and its effects. By using blockchain technology, he clearly expressed the benefits of this revolutionary Crypto community movement and how we can make the world a better place. Be there today to help Crypto's world accessible to the masses. Give back Power to People.

CANNABIC INDUSTRY

Hemp or Cannabis is one of the oldest and most diverse plants in the history of mankind. For centuries, Cannabis has played an important economic role in the provision of fiber, food and medicine. Today, Cannabis industry is one of the fastest growing industries in the world.

In the field of medicine, Cannabis hosts various functions and plays an important role in the regulation of pain, stress, appetite, immune system etc.

Medical Use of Cannabis

When countries around the world liberalize their cannabis laws, global hemp markets are expected to reach $ 63.4 billion by 2024, with annual growth rates around 21.1%.

However, there is a problem that currently affects the Cannabis industry, which the JIBBiT project wants to solve.

Some issues are:

The need for payment options with cryptocurrency for cannabis and accessories
Strong growth in no. from a fake prescription case
High transaction costs from banks and other payment service providers
Excessive transfer times affect delivery
Not offering anonymous transactions with the bank
Needs to get legal marijuana faster, faster, and safer

JIBBIT Solution

The JIBBiT ecosystem promotes and allows payments with cryptocurrency
Safe recipe and tamper proof by applying solutions based on blockchain technology
Transaction costs are very low due to blockchain technology
Transactions that are significantly faster and more secure
Transparent transaction execution with ledger
That is completely verifiable. JibbitRunner allows the reservation and delivery of marijuana legal recreation in a simpler and faster way

The JIBBiT project is conceptualized by a company listed as "Jibbit Gmbh" at Mittelstraße 11-13, 40789 Monheim am Rhein, Germany.

ECOSYSTEM JIBBiT

The JIBBiT ecosystem uses blockchain technology to make transparent, anonymous and secure payment transactions for all parties involved in the ecosystem.

The JIBBiT ecosystem consists primarily of 3 core elements:

JIBBiT Marketplace-- This is the core structure of the JIBBiT ecosystem. This is a market for marijuana accessory. Patients, consumers, and farmers can use JIBBiT Markeplace to shop for cannabis accessories
JIBBiT Doc -- This is the portal and interface for patients, doctors and pharmacies. The first platform solution will be available in Germany.
JIBBiT Runner -- This is a marijuana delivery service for THC deliveries that contain marijuana products. It aims to be the next UBER for delivery of cryptocurrency-based marijuna.

JIBBiT PROJECT 'SWOT ANALYSIS

POWER

A strong and experienced development team
Leading the market early
A good and sufficient capital base
Strong knowledge about marijuana market
Large contact networks in cannabis and crypto sectors

WEAKNESS

But to build a customer base

CHANCE

Global legalization of medical-related marijuana products
Global legality of cannabis products for personal consumption
Further growth in cellular and internet shopping receipts
Grow acceptance of blockchain and cryptocurrency technology

THREAT

Competitive market with increasingly fierce competition
Regulations that may affect the crypto industry (cryptocurrency)

Overall, the SWOT Analysis for the JIBBiT project illustrates that the JIBBiT business model has more power and provides more opportunities than weaknesses and threats.

JIBBiT (JIB) TOKEN

The JIBBiT (JIB) Token will be the utility token used on the JIBBiTplatform. The JIBBiT ecosystem will be held on the Ethereum Blockchain Network and JIBBiT (JIB) tokens will be token ERC-20 compatible.

The number of JIB tokens to be published will be limited to 700 Million tokens with 420 million tokens placed for sale during the token sale period. The price per JIB token is set at 1 JIB = US $ 0.05.

Token sales are expected to start on June 1, 2018 and will take place at the JIBBiTyaitu portal www.jibbit.io. Token sales will expire on the date after the project reaches the hard cap target of appr. $ 18 Million or on August 31st, 2018, whichever comes sooner.

[Note: - There will be token sale restrictions for US citizens, the Republic of China, HK SAR, Canada, Singapore, and countries covering US emblems, such as Iran, North Korea, Sudan, Syria.]

Distribution of JIB Token

CONCLUSION

Thus, the JIBBiT project is one of the most conceptualized projects that seeks to develop a blockchain-based ecosystem for the legally operated Ganja industry. It aims to bring decentralization and anonymity and build a cryptocurrency-led ecosystem for the Cannabis industry.

It targets to bring 200 million people into the world of cryptocurrency.