How we Got Here

Ceres Coin LLC formed

December 2017

Following the launch of CoolMellon in 2014, which provided mezzanine debt to real estate developers, CERES Coin was formed to focus strictly on the issues facing the cannabis community. Incorporating the uses of blockchain and cryptocurrency, CERES strives to solve the two major problems facing the cannabis industry, banking services, and security/safety. We are working toward SEC-approval to bring a dual- asset token structure to the market. This system will eliminate the need for cash in the ecosystem and provide solutions to the issues of raising capital, maintaining transparency, issuing regulation/oversight, and guaranteeing asset security.

SEC Qualification Circular submitted

4th Quarter 2018

In 2017, at the peak of the ICO craze, the team at CERES realized that SEC regulation had to enter the picture for cryptocurrencies to be sustainable. Taking the initiative to do the harder right thing over the easier wrong thing, CERES opted to avoid the ICO mania and engage directly with the SEC to provide a qualified cryptocurrency (STO) for the cannabis market. This STO would offer seamless transactional flows in the ecosystem and investment opportunities for those looking to add cannabis related assets to their portfolios.

Washington State
BETA test initiated

4th Quarter 2018

Engaging with the top producer/processors and dispensaries in Washington St., Ceres plans to launch its beta test proving the capabilities of Ceres as a transactional coin through the cannabis ecosystem. Demonstrating both the ability to transfer both financial exchange as well as an informational transfer for auditing and tax reporting to the appropriate agencies, Ceres outperforms the dollar in its ability to merit its usage in this environment.

Illinois Pilot
Program launched

4th Quarter 2018

CERES is planning to launch its Pilot Program in Illinois in Q4 2018. We are actively working with Illinois state regulators (who oversee state banks and credit unions, as well as the 54 licensed dispensaries) and the Directors of the Illinois Credit Union League to develop a blockchain for the legal cannabis industry. The SEC has granted us a limited waiver for this program. It's an incredible opportunity for CERES to be adopted by regulators, credit unions, and marijuana-related businesses while Illinois is still a consolidated market. (We expect Illinois becoming a full adult use state by 2020). More details to follow as the program is built out.

What's Next

STO LAUNCHED

1st Quarter 2019

CERES is expected to be one of the first SEC-qualified crypto assets issued. This will include a dual-asset revenue generating system, bridging the two dynamic industries of cannabis and crypto. CERES creates a system for an explosive sector that does not exist yet. The combination of the capabilities of the blockchain, crypto assets, and other evolving technologies provide a stable platform for participants within the ecosystem, as well as for individual and institutional access to these new game-changing opportunities.

INITIAL REAL ESTATE INVESTMENT BY CERES. INCOME GENERATION VIA RE.

1st Quarter 2019

CERES provides an entirely different investment experience than most, if not all other crypto assets. CERES will be able to see an ROI very quickly. Our supply of underwritten, stable investment opportunities have proven track records and reliable operators. As CERES’ blockchain assets are built and deployed, investors will be able to see immediate returns as the rest of the business continues to be built out.

CERES TECH DEVELOPMENT COMPLETE

2nd Quarter 2019

During the second quarter of 2019, we will complete production of the MVP area of CERES Coin and the associated blockchain platforms.

CERES COIN DEPLOYED,  
INCOME GENERATION
THROUGH COIN TRANSACTIONS

3rd Quarter 2019

In the 3rd quarter, CERES Coin will be fully deployed in Washington State. Eliminating cash between B2C and B2B companies, we also promote easy exchanges, efficiency, and security. Removing cash increases profitability for the operators, improves ease of use for the consumers, increases efficiency, and allows for real-time auditing by regulators, governments, and tax reporters.

Documentation

Whitepaper

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Executive Summary

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Technical Whitepaper

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Teaser

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