ICO Start: –
ICO End: March 31, 2018
Token standard: ERC20
Platform: Own Block
Price: 1.10 USD
Total Supply: 285,000,00
Buy With: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, or DopeCoin
The Smoke Exchange is a self-serve advertising platform for the marijuana industry.Here, advertisers and publishers can connect directly.
The legalization of cannabis has opened up a promising new market for many organizations and businesses. Research indicates that the legal use of marijuana is on the rise globally, and statistics show a steady annual growth in the industry.
However, there is a big problem since the industry is prohibited from using traditional advertising platforms such as Google AdWords, Facebook, Taboola, Outbrain, etc.
Washington, Nevada, Maine, Massachusetts, California, Alaska, Colorado and Oregon already allow the recreational use of marijuana. Also, a total of 28 states have signed up for medical use of marijuana. Canada is scheduled to legalize marijuana as well this year.
It’s predicted that the legalized marijuana industry will grow from $6 billion in 2016 to over $25 billion in 2020.
As a result, marijuana marketing will be bigger than ever from this year onward. Recently, Apple allowed marijuana applications into its app store
This is clear proof that the shift is here and it’s going to shift even more in the months to come. The cannabis advertising industry is growing and soon it will BOOM.
The biggest problem of the marijuana industry is the restrictions that traditional media companies place on their ability to advertise Cannabis products.
Meteoric growth of the cannabis industry means that many marijuana brands are making millions of dollars yearly. However, the growth is stunted by the limitations faced in the advertising industry. The only way to avert this is by reaching out to new customers through an efficient and effective advertising model. This is where The Smoke Exchange comes in. The Smoke Exchange is the first platform to target only the advertising needs of the marijuana industry. It is a self-serve digital marketplace for advertisers and publishers to connect directly and trade. Advertisers and publishers will be able to buy and sell advertising space in an efficient manner with no restraints, using cryptocurrencies. The Smoke Exchange token aka SMX, will act as the medium of exchange between publishers and advertisers. It will also be a store of value for investors. This document explains how The Smoke Exchange will revolutionize advertising in the cannabis industry.