American Cannabis
Society Token
(ACST)
Welcome to the world of the American Cannabis Society Token (ACST), where innovation meets a 45-year legacy of cannabis advocacy. This introduction isn’t just about a token but a movement, a digital manifestation of a profound commitment to the cannabis cause.
About
THE MISSION: BRIDGING CANNABIS AND CRYPTO
ACST isn’t just a crypto token; it’s a bridge between the realms of cannabis and blockchain. With a mission to revolutionize how we perceive, use, and advocate for cannabis, ACST stands as a symbol of progress. We refuse to follow the well-trodden paths; we forge our own, paving the way for a future where cannabis and crypto harmoniously coexist.
NAVIGATING THE FUTURE OF ACST
ROADMAP
01
MILESTONES ACHIEVED
The journey of ACST is a narrative of milestones, each a testament to our commitment and progress. As of now, let’s reflect on the milestones that have shaped our trajectory. From the inception of Reefer Token to the conceptualization of ACST, we’ve navigated the crypto-cannabis landscape with resilience and determination.
02
FUTURE DEVELOPMENTS AND INNOVATIONS
The roadmap ahead is painted with the hues of innovation and ambition. We look beyond the horizon, anticipating challenges and embracing opportunities. Our commitment to continuous improvement propels us toward future developments that redefine the standards of crypto projects in the cannabis space.
03
EXPANSION INTO THE CANNABIS ECOSYSTEM
The journey of ACST is a narrative of milestones, each a testament to our commitment and progress. As of now, let’s reflect on the milestones that have shaped our trajectory. From the inception of Reefer Token to the conceptualization of ACST, we’ve navigated the crypto-cannabis landscape with resilience and determination.
UNRAVELING THE VALUE
TOKENOMICS
The total supply of ACST tokens will be strategically allocated to ensure long-term viability and growth. Below is the proposed tokenomics model:
Legacy Holder Allocation (72%):
This allocation ensures that the value held by legacy REEFER token holders is preserved in the new ACST project.
Team Allocation (5%):
Allocated to the development team but locked with a 1-year vesting period to align team incentives with the project’s long-term success.
Marketing Allocation (5%):
Dedicated to promotional activities to increase token awareness and adoption.
Liquidity & Supply (18%):
To be made available for new investors, providing liquidity and facilitating price stability
Buy Tax: 0%
Sell Tax: 20% First 30 Days After launch
12% 45 Days After Launch
6% 60 Days After launch
Final Sell tax: 6% starting Sept 26, 2024
Liquidity: 2%
Marketing: 2%
Community: 2%
POWERHOUSE BEHIND ACST
TEAM DYNAMICS
INTRODUCING THE KEY PLAYERS
ACST isn’t just a token; it’s a symphony conducted by a team of virtuosos, each bringing their unique expertise to the stage. Let us introduce the key players—the architects of ACST’s success. From seasoned blockchain developers to cannabis industry stalwarts, our team is a fusion of talent, experience, and a shared passion for revolutionizing the crypto-cannabis landscape.
EXPERTISE AND EXPERIENCE
ACST is not a venture led by novices; it’s the brainchild of industry veterans, blockchain aficionados, and cannabis advocates with a rich history. Our team boasts a collective experience that spans decades, encompassing successful projects, technological innovations, and a deep understanding of the intricacies of the cannabis ecosystem.
COMMITMENT TO THE CANNABIS CAUSE
We are more than just a project team; we are advocates. ACST is a manifestation of our commitment to the cannabis cause. As individuals deeply rooted in the cannabis industry, we understand the transformative power of the plant, and we believe in a future where cannabis and crypto coalesce to bring about positive change.
Legacy Token Holder Redressal
Legacy Holder
ACST recognizes the importance of the legacy holders from the REEFER project. As such, 72% of the total supply of 100 billion ACST tokens will be earmarked for these holders. The token distribution will be executed through a 1:1 token swap facilitated by a claim form process. Holders will be required to submit their BSC address and an intention to deposit REEFER tokens to a designated address for ACST tokens.
Claim Process
Legacy REEFER token holders submit a claim form, indicating their BSC address and the intent to participate in the token swap.
Upon verification, holders will deposit REEFER tokens to a specified address.
ACST tokens will be credited to the holders’ BASE wallet at a 1:1 ratio.
Reserve Fund
Any unclaimed ACST tokens after the swap period will be secured in a reserve fund. These tokens will not enter the general market circulation for a minimum of 6 months, ensuring a controlled supply and preventing market dilution.
partners
