Coop Network is a cooperative effort of people who want to integrate traditional organisations into the fourth industrial revolution of Blockchain. It’s ready to disrupt medical cannabis.

Planting Decentralization

It is comprised of many different countries and states. The EU struggles to manage the multibillion-dollar cannabis market. Although many EU member countries have recognized cannabis as medical aid, the majority of its activities, including transportation and consumption, are illegal.

The result is a huge underground cannabis industry, where it’s possible for the supply chain to disappear. This raises questions about the quality and origin of legal and controlled marijuana. The legal industry, which is still gaining a poor reputation for its low quality products, suffers as a result.

There is also friction in the supply chain. Because it’s a controlled substance there are a lot more paperwork to be involved in the manufacturing, transport, and sale. It takes longer to complete the paperwork.

The end result is that the entire industry suffers, as do its stakeholders.

Coop: We are helping the medical cannabis market

Coop, which relies upon decentralization as well as the technological power of blockchain technology to speed up the process for traditional industries and organizations can use it to assist them in moving things along.

Coop Network offers a unique solution for the cannabis industry with its own blockchain network. It is faster than other options and cheaper. The blockchain records every stage of the entire industry and its supply chain for full transparency, quick verification and tracking.

These include inventory management and delivery schedules. These will help to reduce the industry’s friction and increase consumer confidence, since the products are legal.

What is The Coop Network?

Coop Network’s ecosystem isn’t just another cryptocurrency-oriented platform or chain that wants to grant financial power through DeFi market standards or other products. Instead, it relies upon the democratic inclusion and participation of all parties:

• Coop Network is open to all. Anyone can join the network as long as they agree with the principles.
• Democratic Control: Participants and members must work together towards a shared goal.
• Economic participation: All stakeholders contribute to the capital and funding.
• Autonomy. Coop cooperatives are all independent. They can be controlled and managed by their members.
• Coop Academy is a training facility for youth to learn about blockchain programming, robotics and other technology early in their careers.

Coop Network’s $GMD is the Power Behind It

Coop Network uses its own blockchain to run using $GMD, its native utility token and governance coin. The Coop Network uses it as a platform for exchange to pay Gas, defi related activities and secure its entire ecosystem.

A partner spoke out about $GMD.

We are thrilled to accept the $GMD token to our platform. The Coop Network is a great organization that has worked hard to deliver a real democracy governance model. The collaboration between our projects is expected to evolve. This will enable us all and our users make the best of it.”

Additional features include:

• Lease: You can lend your coins to earn up to 3% per month.
• Forging transactions: Get rewards by validating them on the Coop blockchain
• Node: Serve as a pillar in the network, and keep the ledger alive. Earn up to 15% in APY
• Coin burning and buy back: 25% of Coop’s profits will go to buying the coins back.

No initial sales were made of $GMD. It is currently available through Changelly PRO, Changelly PRO, BiBox and BitMart. There will also be a top-ranked exchange listed in the near future.

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