🔗 Blockticity mints $275M in product certifications on Avalanche blockchain!
- Startup Blockticity provides certificates of authenticity (COAs) for possessions using blockchain technology.
- First round of minting includes hemp, psychedelic mushrooms, and kratom for U.S. hemp and cannabis lab, ACS Laboratory.
- COAs are minted as non-fungible tokens (NFTs) to ensure traceability and prevent fraud.
- Over 35,000 COAs have been minted so far, accounting for around $275 million in product value.
- Next 120,000 scheduled COAs are for cannabis products.
What are your thoughts on using blockchain for product certifications? Share in the comments! 💬