What is Crypto N’ Kafe? 

Crypto N’ Kafe is the first decentralized coffee trading ecosystem powered by Ethereum blockchain technology. The primary concept is to revolutionize the coffee industry by connecting coffee farmers and consumers directly, eliminating non-transparent intermediaries and avoiding retailer domination. The ecosystem offers a variety of smart contracts to facilitate operations within the coffee trading ecosystem.  

“A cup of coffee” is a global language that unify a myriad of people. This unity is brewed in a pot of mutual understanding, respect and love for the sizzling, liquid courage known as coffee irrespective of location.

The coffee industry is worth well over $20 billion dollar annually. Coffee is the most predominate beverage in the world and has an affinity for mountainous terrain. Everyday, over 2 billion cups of coffee is consumed, most of which is produced by the twenty-five million or so farmers spread across sub-Saharan Africa, Latin America and South Asia. Majority of these farmers struggle with financing and are constantly battling against harsh conditions due to the opacity of the industry.

The Crypto N’ Kafe is designed to help increase the average income of farmers and promote efficient and transparent supply chain. There is no hidden margin/markup per coffee transaction. Furthermore, the transaction is done peer-to-peer in CNK token (cashless medium) without going through any central authority such as government, company or bank.

Crypto N’ Kafe will integrate roasters, traders, retailers, farmers and end consumers into a single, unifying ecosystem based on a network of trustless reputation and direct peer-to-peer communication and settlement channels. Crypto N’ Kafe will eliminate the need of an intermediary such as government, company or bank by connecting the farmers and end-users on its platform. In turn these will dissolve the domination and monopoly of the industry by single entities. Smart contracts will increase the level of security and transparency of transactions within the ecosystem.

Crypto N’ Kafe will leverage smart contract for an efficient chain supply in the market that will be trusted and beneficiary to the economic conditions of coffee farmers. The platform is the first platform to resolve the coffee’s market gray areas and address underpaid coffee farmers in Africa. Farmers will have a broader exposure alongside and hassle-free approach to payment. For the first time too, the coffee market is upgraded into a modernized and cutting-edge approach making coffee trade transparent, frictionless, secure, and auditable.

Crypto N’ Kafe is powered by it own native, ERC20 compatible token — CNK. The CNK token will be use by members to access high quality coffee at lower price and a network of unlimited suppliers, and instantaneously settle all transactions on the network. What’s more, the network will also have its own inbuilt and fully-compliant exchange alongside a portal for farmers to come to speed on the latest techniques and a groundbreaking Credit Card facility — Crypto-Out Card.

*Token Sale*

The pre-ICO sales will start from 18 Jan 2018 to 29 Jan 2018. There will be 25%-35% bonus for those who purchase the token during this period depending on their ETH contribution amount. 

As for the ICO sales, it will begin from 4 Feb 2018 to 16 March 2018. Token purchaser will be eligible for 5%-25% bonus depending on different ICO stages and ETH contribution amount. 

*Roadmap*

The CNK token is targeting to be listed on Cryptopia exchange in March 2018. The CNK token mobile wallet on IOS and Android platforms will be developed from June to July 2018. In addition, there is also a plan to launch CNK debit card to facilitate the transaction. 

Further information: 

Website: https://cryptokafe.io

Whitepaper: https://cryptokafe.io/white-paper/

ANN Thread: https://bitcointalk.org/index.php?topic=2746192

Telegram: https://t.me/cryptokafe

Twitter: https://twitter.com/CryptoKafe

Facebook: https://www.facebook.com/CryptoNKafe

Author (iyanfoursix46): https://bitcointalk.org/index.php?action=profile;u=1061980