Cacao Shares CCS ICO: Venezuela Cacao Beans Investment Token?
Cacao Shares Platform Overview
Venezuela is widely known for their high quality cacao beans used in the production of delicious chocolate. What is less widely known is that only five percent of the worlds' cacao production involves the same genetics of the Venezuelan Cacao Criollo beans.
Cacao Shares offers people around the world a way to own Criollo Cacao trees. By investing in this technology, people can help contribute towards the conservation of this precious genetic variety while also improving transparency within the chocolate industry.
To be available in the form of tokens as part of the Ethereum Network, all of the trees purchased through this platform are grown in Sur Del Lago, Venezuela with each harvest exported to Japan. Fifty percent of the entire premium cacao beans harvested from Venezuela is exported to Japan.
The founders of Cacao Shares are dedicated to social values and community development. Venezuelan entrepreneur Jose Patino founded Cacao Shares using his extensive background in IT as well as the commodity industries of coffee, minerals, can cacao.
The concept idea for this platform started back in 2016 and has manifested overtime through a series of feasibility studies. Cacao Shares are purchased and traded under the symbol CcS.
Currently Cacao Shares Tokens are available for a special discounted pre-sale price; this discounted rate is 47% off the anticipated normal token purchase price. Each token is currently on pre-sale for $0.36 per token and there are discounts available on larger purchases: one ETH saves ten percent and purchases of ten ETH will save ten percent.
Every Cacao Share will be good for the net revenues during the entire lifespan of the cacao tree. Each tree can live for between twenty-five up to one-hundred years. Pre-sales of Cacao Shares started on February 14, 2018. The total supply of Cacao Shares is limited to one million are non-reissuable.
One hundred shares equal one tree so while there is no minimum share purchase requirement, one hundred shares are recommended for ease.
How Cacao Shares CCS Works
Each tree as part of Cacao Shares will be tagged with a GPS/RFID embedded tag that is linked with the Tree Manager App. This tagging and application system allows both investors and growers to see real time data on tree production, health, and growth history.
Shareholders will be able to allocate into a group of one million trees and receive an annual quota on the harvest yield. Investors can choose to either receive their quota percentage in the form of cacao beans or in more tokens. The Tree Manager App is available for download through Google Play.
Cacao Shares are eligible for exchange and non-lockable. The founders of Cacao Shares recommend that purchasers use either MyEtherWallet or Metamask to store shares. CcS are listed among the default tokens on MyEtherWallet so it is easier to buy directly and see share count.
Full details about Cacao Shares are available through the platform’s whitepapers and website at www.cacaoshares.com. This website is available in both English and Japanese languages.