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High Return? CannabisCare CopyPortfolio Offered By eToro
Eagle-eyed investors are constantly seeking financial instruments that have the potential to generate high returns. Sometimes their investment hopes go up in smoke, alas.
Experienced traders will have noticed how the medical marijuana market has exploded – in 2017 record growth for the legal cannabis industry saw total economic output reach $16 billion last year – and could well be tempted to invest.
The upward trend is expected to continue, with significant further growth projected in the coming years, as legalisation of medical marijuana around the world gradually becomes more widespread.
Indeed, the global legal cannabis market, led by growth in North America and Europe in particular, is forecast to hit $57 billion by 2027, according to Arcview Market Research and BDS Analytics.
Public opinion on medical marijuana is changing, and more people are convinced it should be considered as a viable option for safe and effective pain management. This is partly thanks to a vast amount of detailed and extensive research in this area that has reassured citizens and politicians alike.
Recent breakthrough legislation reflects this greater acceptance. The indications are that the favourable stances on marijuana production and sales taken in Canada and America mean it is likely other countries – including the UK, Germany, Italy, and France – could follow their lead. Legal cannabis sales in North America grew by an unprecedented 30 per cent in 2016, and then 33 per cent last year, leading analytical research reveals.
A cluster of licensed North American organisations have already been able to expand globally in a short timescale. They have started to export cannabis products worldwide as well as begun to establish production contracts in Europe, South America, Asia, Africa, and Australasia. In addition, the cannabis industry has proven itself to be a financial boon for governments, by generating both new jobs and tax revenue.
Further expansion in the industry appears imminent, meaning that now could be the perfect time to open a buy position and invest in medical marijuana, well before it reaches its sizeable potential, as predicted by various analysts.
But how to gain exposure to one of the most intriguing fields in modern biotechnology? From September 17 you can invest using a unique investment strategy, which groups together many leading organisations in the cannabis industry. The CannabisCare CopyPortfolio groups together stocks from many of the leading North American companies in this space.
Earlier this year eToro chief executive Yoni Assia said: “We are looking at an interesting industry emerging in the public sector: cannabis.” Now it has happened. His organisation has a reputation for being pioneering, and once again eToro is attempting to make trading as straightforward as possible, and offering attractive financial instruments.
The first CopyPortfolio, eToro’s latest tech-power innovation, was launched in the February 2016. Now eToro users and eagle-eyed traders alike can invest using eToro’s latest CopyPortfolio, CannabisCare. The team behind the award-winning platform has helpfully created this explainer video to coincide with the launch.
Note that once the CannabisCare CopyPortfolio has reached 1,000 investors on any day, eToro will close the portfolio for new investments at 23:59 GMT on that day. And with luck those who back medical marijuana will enjoy success.
To discover more about eToro's latest CopyPortfolio, CannabisCare, please visit https://www.etoro.com/funds/cannabiscare now.
This is not investment advice. Past performance is not an indication of future results. Your capital is at risk.
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
Tokyo, Japan, 24th November, 2020, // ChainWire //
My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH.
My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.
What is MCH Coin?
MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.
Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.
The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:
https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f
During December 2020 the first…
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