AMA RECAP Prostarter X Cannumo

6 min readJul 12, 2021

Hey, Prostarter community! As always, we are here to provide you a summary of our recent AMA with Cannumo hosted on the Prostarter Telegram group where we took hold of three segments, Project introductory questions, Twitter questions, and telegram free asking questions. Your questions are listed below, along with the team’s corresponding answers.

Project Questions

Can you briefly describe what Cannumo is? We would like to know the idea behind Cannumo.

Cannumo emerges as a solution for people to participate in an ever-growing cannabis industry with ease! With our 3 first-in-the-world applications — Cannumo GrowFunding, Cannumo CBD, and Cannumo Wallet, we will revolutionize the whole Cannabis and Crypto.

Via Cannumo Growfunding application, people can invest from 100$ into our Cannumo containers, and after 4–6 months, they can take out their interest rate. No need to have any knowledge at all in the Cannabis or Cryptocurrency space.

via Cannumo CBD application, you can become a CBD seller in 15 minutes. The current Cannabis market in the US and Europe is over 300B (billion) US$ combined. If you want to become a CBD product seller, you need to spend at least 6–12 months taking out licensing, at least 500k to pay fees, lawyers, etc. With our application, you can become a seller in 15 minutes — install our plugin into your e-commerce store, select from our different range of products, put your labeling and that is it!

And Cannumo Wallet, which finishes our Cannumo Ecosystem, fixes a huge error in the current market — most of the third-party payment gateway providers shy away from accepting payments from cannabis sellers to this day. If a business somehow manages to integrate a provider, that business is deemed as a “risk group” and the fees for every transaction reach up to a 10% margin. A Wallet is a type of software solution, which acts as an alternative to such known issues. While carrying this application, you won’t stumble upon a third-party payment gateway.

Contrarily, Cannumo Wallet lets you sell CBD products in a more lenient way. You may employ our CANU token, which will help you avoid big commission rates, and herein the fees shall be maintained at their lowest in the e-commerce market. Therefore, the Wallet application offers a payment gateway solution for everyone in the growing cannabis industry.

In 2017 and 18, there were several competitors, but all of them were not creating any solutions to any problems in the current market. We talked with 100+ best in the world Cannabis and Cryptocurrency specialists, troubleshooting our idea and we are ready to launch a huge project!

2. Who is Cannumo’s target audience?

A person who likes CBD products wants to join this business or even start his own, who needs a third-party payment gateway solution to collect payments. In any case, everyone who feels any sympathy for Cannabis is an ideal customer to us, so we welcome absolutely everyone!

Twitter Questions

Safety and security are always of the utmost importance. So, what are the security mechanisms of Cannumo to ensure that users’ assets are not targeted by hackers? (@Nhan71495015)

Yes, a very good question. We have just revamped our whole security detail after the hack we had (we got a lot of questions about this specific situation) — a few weeks ago our telegram chat got deleted. We were getting around 1k new members daily (had over 10k in total), Cannumo’s traction is unbelievable. Because of this, some users have created fake groups and tried to scam others using our names, images, etc and they report-spammed our group. This is both a plus and a minus since this means that we are already on the map and a lot of people are engaging, but because of popularity, we are getting users who are trying to scam others.

Right now we are getting around 600–1k new members daily, we are working a lot to rebuild and we have secured our group with more moderators, special bots — our community is 100% organic.

Regarding funds, this is not telegram — we have a lot of security here, we are using a lot of middle ways so that the process of accessing them would be near impossible to a random user.

2. Does Cannumo have a reliable interoperability infrastructure that can efficiently connect businesses and users? (@annan2036)

Yes! Via our CBD application, users can easily sell products without any knowledge at all on how to start this type of business, or Cannumo Wallet solution which allows everyone to collect payments when selling Cannabis-related products — our B2B solutions are working very correctly.

3. Regulations are important, Many projects have been shut down in many countries because they are not using the right regulations and licenses. To reach the whole world, how does the Cannumo group handle this problem? (@nhi35022657)

Our team is working with one of the best law firms in Europe, we also have an in-house lawyer with over 10+ years of experience, so there will be no problem regarding regulating or licensing.

4. Cannabis can be used in wide fields. What are the fields in which Cannumo is interested in promoting a sustainable economy for its cultivation and distribution? Medicine, cosmetic products, or even legal recreational use? (@Dheeraj37205457 )

We have experience in creating a lot of different products — from CBD oil to CBD capsules, gummies, candy, even CBD sponges — we are working with one of the best CBD technicians in Europe (over 20 years of experience). Our team has even found a way on how to make bees take nectar/pollen from Cannabis plants, which makes bee honey naturally infused with CBD!

We will be building laboratories and working with universities to understand how Cannabis works so that we could offer the best possible results for everyone!

5. From a product perspective, can you be specific about Cannumo’s core competitive advantage? (@Mimi79r)

We have some competitors in the space, but they do not offer any solutions to any problems that we are solving, like being able to sell CBD products without going through the whole 12-month process, being able to have only 1.5% of a transaction fee using our third-party payment gateway solution or just passively invest into movable property — all of this was troubleshot with over 100+ best Cannabis specialists in the world and we have a wonderful project ready!

Telegram Community Free Asking Questions

Looking back to the day you started this project, are you pleased to see your progress and achievements so far? @ColettaSwan

Yes, we do! I think that we were able to achieve a lot in 2 months, right now we are working on becoming a unicorn!

2. How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?? @HsiuCousins

We invite everyone to join our TG https://t.me/cannumogroup and subscribe to ANN — https://t.me/Cannumo, to get in the loop about upcoming IDO and Cannumo news. We will also be doing a lot of giveaways and other very cool stuff, so I ask everyone to join!

3. Marketing is an important element for every project. Do you have any plans to attract users and investors to your project? @Hang682

Yes! We have a whole marketing strategy ready, we are working on this for a long time, so stay tuned for updates!

4. Can you tell us describe tokenomics? How many tokens will be minted? And how many tokens will be locked by the team/investors? @rabbanig

In total — 695,833,300 tokens, team/advisor tokens will be locked for the first 12 months!

5. Can we meet the whole team and find out what they do in a video AMA? @annamqum

yes! We already have done a lot of AMAs and we have done several video AMAs before, so you can check them out on our YouTube channel with other videos — https://www.youtube.com/channel/UCsEPJg24T7IYjtCselq45WQ

That’s it with the recent AMA held on the Prostarter telegram community. Hope you join us next time with more interesting questions. See you later!

About Cannumo Project

Cannumo, a globe-spanning cannabis ecosystem built on blockchain, is democratizing the cannabis industry by providing a savvy suite of powerful tools for the next generation of entrepreneurs. $CANU is a BEP20 Token built on the Binance Smart Chain network.

Cannumo Social Channels

About Prostarter

Prostarter is a community-centric and cross-chain IDO launchpad offering projects fundraising, token sales, and many other opportunities for the Crypto community. Cross-chain IDOs, Live Whitelisting, and One Time KYC are some of the core features that make Prostarter a transparent launchpad platform. Furthermore, NFT Marketplace and NFT launchpad are the upcoming developments the Prostarter team is working on to bring ride of excitement and creativity for digital artists.

Prostarter Social Channels

Also, follow Prostarter Medium blog to stay tuned about upcoming IDOs and more updates from the platform of Prostarter launchpad.