The BitCanna project is a state-of-the-art blockchain network built on Cosmos SDK and brings together various services related to cannabis. The project has already launched a BitCanna Pay service and an NFT platform. The team also plans to launch a native game. 

The project's native token, $BCNA, has been trading for over two years. BitCanna has an intuitive and informative explorer and a 33% annual APR return on staking. 

In this article, we'll find out if everything is rosy and how you can make money from this project.

Project essence

BitCanna offers a decentralized payment network for the legal cannabis industry. BitCanna is set up to make payments to hundreds of themed online stores with high-speed transaction processing and anonymity. The team's goal is to become the primary payment tool for all significant cannabis stores. 

In addition to transparent transactions via blockchain, BitCanna ID will also offer transaction guarantor services. After all, this project was created by enthusiasts to solve the pressing problems of the pot industry. 

Just a few years ago, the idea wouldn't have been in high demand due to the prohibition of cannabis use in most countries. But the legal market is rapidly evolving as regulatory restrictions are relaxed by the West. In Europe, in particular, the use and sale of small amounts of cannabis is not legal but is allowed in Spain, the Netherlands, and Switzerland. Because of the shady nature of the business, most banks don't want to handle the money that comes from selling cannabis, even in places where it is legal. 

This leads to inconvenient solutions, such as cash transactions. To solve this problem, BitCanna provides a decentralized payment network for the legal cannabis industry with the $BCNA coin.

So, the industry is set to massively adopts in Europe and the West.

Project’s team

The team on this project includes some of the most famous seed banks and cannabis stores in Europe, serving over 10,000,000 customers every month. Also, the team has good experience in the cannabis industry and knows how to improve it. 

There are 23 people on BitCanna’s team. 

As of late, BitCanna is on our list of main network validators. So if you are planning to build long-term investment earnings on this project, there is no better option than staking the project’s tokens on our validator link with only a 5% fee.