Jayceon Terrell Taylor, better known as The Game in rap circles, has taken his belief in the positive properties of Cannabis by joining a Blockchain technology company called Paragon.
Paragon, led by former Miss Iowa Jessica Versteeg, is looking to standardize and regulate the Cannabis industry using the power of an immutable ledger on Blockchain technology in order for the controversial plant to compete with Big Pharma.
Celebrity endorsements for disruptive technology
While The Game’s involvement goes far deeper than simply being a celebrity endorsement for Paragon – as he sits on the advisory board – there has been an influx of big names outside of the world of technology, investment, and money, seeing the value of Blockchain technology.
The likes of boxer Floyd Mayweather and footballer Luis Suarez have both posted about a prediction market ICO called Stox while Bollywood celebrities such as Shilpa Shetty, Raj Kundra, Huma Qureshi, Neha Dhupia, Vir Das, Nargis Fakhri and Prachi Desai, have all expressed interest in Bitcoin.
A Game changing Paragon
The Game is a well known supporter of Cannabis and has been a champion of the legalization movement that has seen 20 states across the US lessen its regulations on the drug.
The rapper owns his own dispensary and has been working on making his own strains and concentrates. Not only does The Game own a dispensary, but he also has a line of pot products, Trees by Game, which he claims is unlike any other medical weed brand out there.
The Game is now hoping people will be able to use the world’s latest revolutionary technology to further push for a Cannabis revolution with Paragon.
A new Cannabis Game
Paragon’s hope is that by using this disruptive Blockchain technology they can rocket an industry that is trying to boom into the mainstream. The issue for the Cannabis ecosystem thus far has been its fractured nature and the disconnect between the different sectors.
Paragon believes that Blockchain technology, as an immutable ledger, can put all the information in one space across the board for users to view and scrutinize. From the seeds used to the fertilizer and water quality, as well as the doctors certificated and patient IDs, all this information is transparent on the blockchain.
Additionally, the creating of a specialised digital currency allows for easy payment across borders and bypasses legal issues with payment for the controversial drug.
Paragon also hopes to set up co-work spaces for Cannabis Startups to incubate and operate in order to again standardize the Cannabis economy, but also to provide an intellectual growth for the industry.
credit:420intel.com
