A startup blockchain business has set their eyes on the cannabis community with the hopes of creating a better social network for cannabis users.

The team behind Smoke Network are convinced that issues such as censorship of legal cannabis pages and other monopolistic practices of social media giants such as Facebook point towards a need for a decentralized cannabis social network powered by blockchain technology that cannot be tampered with by outside influences with an anti-cannabis agenda.

Sites such as Facebook and Instagram regularly shut down cannabis related pages without warning, hurting real-world customers and fledgling businesses alike. Having previously built 420smokers.us, a cannabis community with currently over half a million Facebook fans and whose social pages have been killed off once already, the team behind Smoke Network have been exposed first hand to this ruthless censorship and how it can negatively affect the marijuana industry.

On top of this, users of the mainstream social media networks do not reap the rewards of the billions that advertisers spend on these platforms every year. Instead, those profits go directly into the pockets of its shareholders. Smoke Network promises to flip this conventional ad revenue model on its head.

Smoke Network, in addition to being uncensorable and decentralized, offers its users the ability to earn cryptocurrency for their use of the platform in the form of a daily ‘rewards pool.’ Users on the network who receive upvotes receive a portion of this rewards pool.

Content ‘curators’ who find high-quality content and upvote it first also receive rewards, so even users who don’t post regularly can be rewarded for their efforts.

A prototype design can be found at https://smoke.io/ showcasing basic features the social network will have on launch.

In stark contrast to the centralized global media landscape, Smoke Network offers a refreshing alternative to social media sites controlled by self-serving corporations. These benefits trickle directly down to its users who stand to gain just for investing time and energy in the platform.

The network is giving away free SMOKE cryptocurrency to users that sign up to their airdrop and will be holding a public sale in April. Check out their company website for more info.

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: | Categories: Cannabis Press Releases

Learn about cannabis businesses:

View the directory | Get featured here

  • Proteus 420

    Proteus420 is the only real-time, fully featured business solution that has been created specifically for the Medical Marijuana Industry.Both powerful and secure, we can assist all levels of business from Dispensary to Delivery through our medical marijuana and dispensary software, and provide all the tools you will need to save your business Time and Money!

  • MarijuanaDoctors.com

    MarijuanaDoctors.com was founded as the trusted gateway for patients searching for medical marijuana treatment in legal medical marijuana states. We provide patients visibility and transparency in selecting a doctor and setting an appointment for a medical marijuana evaluation including detailed profile information, scheduling information, and ratings and reviews.

  • Wise Public Relations, Inc.

    We help our clients win by outsmarting and outmaneuvering the competition rather than outspending them. That’s our specialty. Through a strategic mix of marketing disciplines, all working together to create real momentum that give our clients a critical competitive advantage in the marketplace. MedMen, Cloudponics, Style & Stigma. We take great pride in the work we do and accountability for the opinions we shape. We have fun doing it. And we hope it shows.

  • CORE Security Solutions

    CORE Security Solutions, Inc. provides security services to a wide array of clients, including the rapidly growing cannabis industry. We are fully licensed and insured by the California Bureau of Security and Investigative Services (BSIS). We currently provide security services to several local cannabis dispensaries in the Bay Area and secure transport and delivery services for cannabis products and proceeds throughout California. Our security specialists are all licensed and our transport vehicles are equipped with secure storage and GPS tracking.

  • Denali Accountants

    We offer a complete bookkeeping and accountancy service to self-employed individuals and small businesses. We have been providing these services for 30 years and have built up a strong client base of small businesses. We understand your needs and deliver a personal service catering to the specific needs of your business. We are diamond QuickBooks Pro advisors!

  • TRIM Media House

    TRIM Media House is a full-service digital marketing agency with a heavy focus in visual content creation, website design, photography, and videography. If you are trying to navigate the digital arena when it comes to your brand, we would love to talk to you!

  • Green Fields Accounting

    We have a full bookkeeping service to help you keep your financial statements compliant. We are also experts in taxation. We keep informed of all the latest industry tax changes. We are also Enrolled Agents who are experts in defending our clients in audits with the IRS. We can also help with sales and excise taxes applicable to your business. We will make sure you understand Form 8300 and take care of the e-filing of this form.

  • Releaf App

    The Dispensary Partnership Program uses data collected from patients, via Releaf App, to provide business analytics to dispensaries (USA) and licensed producers (Canada). This data service is creating a new class of dispensaries that are driven outcomes and patient results. The dispensary partnership program shows symptom-specific patient ratings & analytics for the specific cannabis batches and products in a dispensary’s inventory. Dispensaries use this information to give more informed recommendations at the counter.

  • HerbTools

    HerbTools is one of the largest online head shops specializing in all varieties of smoking accessories. Our bong shop has been distributing products worldwide at competitive rates since 2012. Customer service has always been our key priority and we ensure our products reach every customer in impeccable condition.

  • Go Green Hemp

    GoGreen Hemp specializes in everything CBD. We sell directly to consumers as well as to wholesalers and those interested in white label products. Our current product line consists of Gel Capsules, Gummies, Oil Drops and Balms.

  • MJ Freeway

    MJ Freeway® is the industry-leading software, consulting, and data solution for cannabis businesses, processing $5B in cannabis sales transactions and serving clients in every regulated market in the United States, Canada, Europe, and Australia. Founded in 2010 and designed and built specifically for cannabis businesses, MJ Freeway's technology includes a patented seed to sale supply chain ERP Platform which leverages sophisticated business intelligence insights.

  • LC Solutions Michigan PLLC

    LC Solutions offers clients timely accrual based bookkeeping, cost accounting strategies, planning, and consulting services. Our model supports an ongoing client relationship, helping to ensure accurate accounting records throughout the year. We are professional, patient, and creative in our approach. LC Solutions specializes 100% in serving Michigan’s Medical Cannabis industry.

Want a job in the cannabis industry?

Sign up to apply for unlimited jobs and get discovered by companies who are hiring

Post Your Resume View all jobs

Best vacancies

CEO
June 18, 2018

Subscribe for daily cannabis news, announcements, and business insights.

profvest.com

www.profvest.com

www.imagmagnetsns.ua