I was recently looking if there’s any cryptocurrency focusing in the agriculture field, as for me that’s one of the most stable and most valuable markets out there with a billion dollar potential in cryptocurrency.
This is how I found HempCoin (THC), one of the oldest cryptocurrencies – developed in early 2014 it describes itself as a digital currency for the Agriculture/ Farming Industry and Marijuana/ Hemp Industry. And the fact is, hempcoin has an extremly cheap price right now. With a 251 satoshi value, HempCoin is one of the most undervalued cryptocurrencies and it actually deserve more media attention.
HempCoin wasn’t created for a single purpose like it’s competitors, PotCoin and CannabisCoin – but for multiple ones. For example, it could facilitate the transaction between marijuana farmers and the local dispenary shops. But why with HempCoin and not with USD? HempCoin runs on the Bitcoin core so that means the transaction will have a lower fee and the Farmer will receive it’s payment in HempCoins. The advantage for the farmer here will be that he can actually get a profit by holding those coins and selling them when the value is higher. For example, right now the HempCoin price is $0.006. With people using PotCoin and investing Bitcoin in it, it’s value could easily reach $0.60 – which is 100x the return. This is just an example, but it’s possible.
HempCoin is also used for Agricultural trade which is a trilllion dollar industry where if the HempCoin gain 2-3% share of it, it would gain a 500% increase in price or more. HempCoin is listed right now on Bittrex, one of the largest cryptocurrency exchange.
If you want to be a part of this, you can go to the BTC/THC trading page and buy HempCoin before it goes to $1 or more. Also, keep in mind that this is solely my opionion and should not be understood as a solid financial advice. Invest properly, only how much you’re prepared to loose.
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