Paragon attempts to revolutionize the cannabis industry using blockchain technology. Paragon offers users stability, verification, and legitimacy with a stable of blockchain-based solutions and features. Included in the Paragon price is ParagonChain, the hub of Paragon’s blockchain products and services that are re-imagining the supply chain tracking system for the entire cannabis industry. ParagonChain offers smart contracts, GUIs, and an intuitive database architecture for cannabis companies around the United States. The PRG is Paragon’s digital token whose price incentivizes the Paragon community. This solves the common problem for cannabis growth and innovation: banking and payments. Using the PRG, cannabis businesses can quickly, easily, and verifiably transfer funds between businesses and customers, as well as participate in the Paragon forum.
|Genesis Date||October 26, 2017 (4 months)|
Source: Bitcoinist - 1 day ago
Civic CEO Vinny Lingham is the subject of no confidence calls this week after his startup partnered with controversial blockchain entity Dentacoin. Dentacoin Goes For Damage Control Lingham, who raised $33 million for Civic in an ICO last year, had remained largely quiet regarding use of the funds, the ongoing cryptocurrency bear market taking a heavy toll on its CVC token which currently trades at record lows. Netherlands-based Dentacoin, which itself has gained a dubious
Source: Bitcoinist - 4 weeks ago
US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox. Paragon, Airfox Will Lose Millions In a statement, the SEC appeared to seek a balance between permissiveness and enforcement of “well-established” rules as it confirmed legal action against the two ICO operators, which together raised over $27 million in 2017. “We wish to emphasize […] that
Source: NEWSBTC - 1 month ago
The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to...
Source: Bitcoinist - 2 months ago
Paragon, the outfit which raised over $70 million in an ICO to build a “social network of cannabis startups,” has lost 96 percent of its market cap. Doing Nothing With Blockchain Perhaps the latest example of the “irrational exuberance” of the 2017 ICO rush, Paragon (PRG) , which had the backing of US rapper The Game and an infamous video to match, currently has a token market cap of just $2.7 million. The project was