The düber token (DBR) will incentivize and improve information exchange in the cannabis community including consumers, retailers, labs, processors and growers. Examples are rewarding community members for providing product information and photos, submitting product reviews, participation in loyalty programs and interaction with advertising and other communication channels. Blockchain technology will measure and allocate growth in economic surplus throughout the supply chain as a result of increased information exchange across all network participants. The DBR is an ETH blockchain cryptocurrency that can be used within the network to pay for goods and services provided by licensed cannabis businesses.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | N/A |
| Accepting | ETH |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Information exchange creates value for network participants
Crop-growing data, lab results, supplying product photos and descriptions, submitting reviews, referring brands, making repeat purchases (loyalty), and acting upon advertising benefits all network participants (Growers, Processors, Labs, Retailers and Consumers).
Value creation deserves to be incentivized
Any network participant who creates valuable information for the network is rewarded. This incentivizes participants to contribute additional information.
Our DBR token rewards value creation fairly and instantly
The DBR token is our blockchain cryptocurrency. Based on Ethereum, it will acknowledge, measure, and allocate growth in economic surplus across the value chain fairly and instantly. DBRs will become the preferred method of payment in the düber network.
The düber ICO will use a SAFT (Simple Agreement for Future Tokens) structure which has been developed by multiple legal teams to ensure a legally compliant investment structure. We have chosen this structure to provide contributors confidence that the DBR offering is compliant with the highest level of regulatory requirements for ICOs. The SAFT structure requires accreditation of contributors under Rule 506(c) of Regulation D of Section 4(a)2 of the US Securities Act and other applicable securities laws. Investors in the SAFT offering will fund the development of the düber’s ecosystem through to the point where a public launch of the network is achieved that meets the minimum viable product requirement for use of the DBR token. At that point, the SAFTs will automatically convert, be minted into düber tokens (DBRs) and distributed to all contributors.
