17 March, 2022
What is RastaSwap?
The legal cannabis market in the U.S already hits in 2020 an impressive amount of 20.3 billion dollars. With a growth rate (CAGR) of around 16% per year, it is expected to raise up to $42.8 billion by 2025.
RastaSwap is a community driven project, it has been developed to be the #1 crypto ecosystem related to the cannabis market and a bridge between the traditional stock market and crypto. Further on we aim to launch a platform to fund new initiatives and startups related to the cannabis market, making it easier to invest in the cannabis related companies and products from anywhere in the world.
Contract Address: 0xaf70174E926fB0dcb346AE44816aB112426DE71f
What are Tokenized Stocks?
Tokenized stocks are tokenized derivatives that represent traditional securities, particularly shares in publicly listed companies traded on regulated exchanges such as Scotts Miracle-Gro, Curaleaf, Aurora, Apple, Tesla and others.
The key benefits of tokenized stocks include fractional ownership of traditional securities, 24/7 access to markets, and greater liquidity to name a few. These digital assets are backed 1:1 by traditional stocks, entitling holders to the same economic benefits of owning the underlying stock.
RastaSwap has been developed to be the #1 AMM Decentralized Exchange for Tokenized Cannabis stocks, and a bridge between the traditional stock market and crypto market, making it easier to invest in cannabis stocks and assets placed in different countries at the same time from anywhere in the world.
What is Decentralized Exchange (DEX)?
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, while brokers running on blockchain with public registry of operations, handle all interactions automatically through Smart Contracts. There are Many popular DEXs, like PancakeSwap, Uniswap and Sushiswap.