CeBioLabs is a German, long-term, large-scale, and strategically oriented project designed to revolutionize the market for CBD and Cannabis with its value chains. Behind CeBioLabs are three German registered companies that are funding and driving the project. CeBiol Blockchain Solutions GmbH, which is also the legal entity of CeBioLabs, CeBiol GmbH, which has been active in the European Cannabis market for several years, and getViews Consulting UG (haftungsbeschränkt), which specializes in crypto and blockchain technology. All three companies work together in partnership and bring their experience and respective know-how to the CeBioLabs project. These synergies offer the project unlimited possibilities and make it the first of its kind in the world.
The 3-Pillar Vision of CeBioLabs
CeBioLabs will bring blockchain-based systems and solutions to market that will revolutionize the Cannabis industry. The CeBioLabs SCM system, which will make value chains transparent and traceable for all market participants, the CeBiolabs Marketplace, where all types of Cannabis products can be traded globally and unregulated, and a blockchain-based portal for certificates of analysis, where laboratory analysis results will be stored directly, first-hand, and immutably in the blockchain. All CeBioLabs systems will be usable worldwide. Further e-commerce projects are planned. In addition, CeBioLabs will launch several research projects that will greatly shape the Cannabis market in the future.
Blockchain Technology as a Key Component of the Solutions
Something that distinguishes all CeBioLabs systems is the Blockchain technology. With the help of blockchain technology, all data is stored in a traceable and unchangeable way. This is made possible by the decentralized structure of the blockchain, without a central instance. Individual data blocks are combined, linked within the network, and strung together to form a chain of blocks. This is where the name blockchain comes from. Cryptographic mechanisms ensure that the data included in the blockchain cannot be changed or manipulated. Blockchain technology can be used in countless economic sectors due to its many advantages.
The CBSL Token has real Utility for the Market
A key role will be played by the CBSL token designed for the CeBioLabs enterprise ecosystem. Companies that will use the CeBioLabs systems and solutions will have to pay the usage fees for them in the form of CBSL tokens. The more companies that will use the systems and solutions, the greater the need for CBSL tokens will be. The token will be tradable on various centralized and decentralized crypto trading exchanges. The German Federal Financial Authority has already classified the CBSL token as a transferable and freely tradable utility token. The entire CeBioLabs project will be accompanied from the beginning by a renowned German law firm for financial and capital law.
CBSL Token Sale Started in August
The ICO just started on August 1st, 2022, and consists of three phases. In the first phase (2 weeks), tokens will be available at a 10% discount. In the second phase (3 weeks), the tokens will be available at a 5% discount. In the last phase (3 weeks), the tokens will be sold at the regular price without discount. The CBSL tokens can only be given in exchange for BNB (Binance Coin), ETH (Ethereum) or BTC (Bitcoin). The sold tokens will be transferred to buyers on September 28, 2022.
All CeBioLabs activities and news will be communicated to the community via the website and social media channels.