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Posted On: 03/10/2021 7:31:05 AM
Post# of 9163
$MINE March 1, 2021 / Minerco (OTC PINK:MINE) announces today the launch of their new blockchain token SHRU and its payment application SHRUCOIN Pay, achieving the second of the company's major goals set at the Sankofa Summit in January 2021. These innovations will include the ability to facilitate Psilocybin and Cannabis purchases with major credit cards. Despite being legal in specific markets, card companies have shied away from authorizing purchases related to Psilocybin or Cannabis because of their Federal Schedule 1 classification. SHRUCOIN Pay's model grants consumers full flexibility on choosing their payment method. The application is a first-of-its kind and will serve as a payment processing service like PayPal or Cash App for dispensaries in legal markets.
Another advantage of SHRU is that it is the company's own digital currency. Recent data has shown a vast rise in the popularity of Blockchain with tokens such as Bitcoin, Litecoin, and Ethereum. Minerco's management is excited to be visible in the same channel that helped these currencies evolve, as they expect similar results with SHRU.
Lastly, SHRU's overall impact not only benefits the company's revenue potential, but also their humanitarian mission surrounding developing areas. As an initiative, the company will set aside a percentage of value from each coin toward improving housing and water across regions in both the Caribbean and Africa. Julius Jenge, Minerco's CEO issued the following statement:
"Being from Africa, this launch is special for me. As excited as I am for the future of SHRU, I am more thrilled about the fact that we have created a mechanism that will allow us to give back to regions that have been suffering for years with shortages of potable water and poor living arrangements. SHRU is the first step for us in achieving our greater humanitarian mission as we grow here at Minerco financially."
Another advantage of SHRU is that it is the company's own digital currency. Recent data has shown a vast rise in the popularity of Blockchain with tokens such as Bitcoin, Litecoin, and Ethereum. Minerco's management is excited to be visible in the same channel that helped these currencies evolve, as they expect similar results with SHRU.
Lastly, SHRU's overall impact not only benefits the company's revenue potential, but also their humanitarian mission surrounding developing areas. As an initiative, the company will set aside a percentage of value from each coin toward improving housing and water across regions in both the Caribbean and Africa. Julius Jenge, Minerco's CEO issued the following statement:
"Being from Africa, this launch is special for me. As excited as I am for the future of SHRU, I am more thrilled about the fact that we have created a mechanism that will allow us to give back to regions that have been suffering for years with shortages of potable water and poor living arrangements. SHRU is the first step for us in achieving our greater humanitarian mission as we grow here at Minerco financially."
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