Greetings from Thailand!

It’s been a crazy stretch of travelling hundreds of miles through the mountains visiting coffee farmers and roasting, packing and shipping beans for the CoffeeCoin project. I hope you have been enjoying our pictures and updates on Slack, Telegram and Twitter.

Dulupur Mountain Hilltribe Coffee Farming Village, Mae Hong Son Province, Thailand — 1,100+ Meters Above Sea Level. 300 people live in this hidden village and produce amazing beans.

Of course, a big THANKS to all of you who have been supporting our CoffeeCoin “OriginX” projects and offers during our harvest visit at source in Thailand. Our local partners have shipped dozens of bags of roasted Thai & Laos coffee to customers around the world since we went live with our updated CoffeeCoin website and ecosytem in January.

All the latest orders have now been roasted and shipped. Emails have been sent with tracking numbers for all orders — if you ordered but did not receive a confirmation email and tracking number please let me know.

As of today, the CoffeeCoin.io shop is now temporarily “closed” — all items are out of stock as we prepare for our next step.

Please read on for details…

The Payment Test

As many of you know, these past two weeks we tested accepting other cryptocurrencies besides COF for payment for our project beans — Waves, BitcoinCash and Dash.

The idea was to see if we could introduce the COF project to other active crypto communities this way.

It was just a small test, but I am happy to say the Bitcoin Cash community was very responsive — almost 70% of the orders we received since the announcement were paid for with BCH. Since these came from announcements directly to the BCH community — these are all people who have now learned about COF that wouldn’t have otherwise.

Although it won’t be a major focus of our project, I am now convinced it is a good idea to continue to find ways to reach out to other larger and active cryptocurrency projects to introduce them to COF — especially since we are not just a growing cryptocurrency for the coffee industry, but also a COF token-powered blockchain traceability and trading platform for coffee.

We can target projects where the token is only/mainly used for payments, since COF offers additional industry-specific benefits and therefore compliments other cryptocurrency communities and does not compete with them. There are just SO many coffee drinkers who also use crypto — we should be taking advantage of this opportunity.

That said, now that the test has completed, we will NOT continue accepting other cryptocurrencies in our shop on the main CoffeeCoin.io project website. As before, only COF will be accepted there.

Instead, we will create other avenues and websites to continue targteting popular cryptocurrency users and introduce and funnel them into our CoffeeCoin project. For example, you might soon see a website or offer with a “Bitcoin Cash” blend coffee — available for BCH, but brought to you by the CoffeeCoin project — and so on.

Again, now that the test is over, our CoffeeCoin.io shop will return to and remain COF-only for payments.

To further encourage coffee lovers and coffee industry people to adopt and use CoffeeCoin, the roasted (and soon green) coffees we offer in our project’s website shop will ONLY be available for CoffeeCoin and we will continue focusing on unique, specialty and microlots — roasted in small, custom batches, — meainng people won’t be able to get them anywhere else — or for any other payment form. (More on this below.)

To ensure COF benefits from these strategies, those who discover our project via special coffee offers for other cryptocurrencies will be incentivized to use COF for future orders, since it will be the only way to purchase our unique / premium offers in our CoffeeCoin.io shop. Other incentives will be trialed and tested as well, for examples, discounts when paying with COF.

Keep in mind, the above strategies are for introducing COF to a broader market on the crypto side, but our main focus remains those people who are already actively engaged in the specialty coffee industry. We will keep coming from both angles though as we continue working to bridge the gap between the two.

Buying, selling & trading roasted & green coffee on a continual basis under a permanent business to support the COF project is underway.

With the above in mind, I am excited to announce the next steps for the project.

1. We are now in a position to set up a permanent micro-roastery for the project so we can begin sourcing, roasting and shipping specialty coffees for CoffeeCoin on a CONTINUAL basis. This is going to be the next major step for the project.

2. In parallel with this, we will also continue moving forward on developing and testing the next version of our COF-powered traceability and trading platform. We will be using our upcoming roasting and trading business as the testing and launching pad for our next generation of CoffeeCoin powered tools and services and offerings — and begin bringing them to market for the larger specialty coffee industry and coffee supply chain.

Get Ready:

Since we launched the project in late 2017, we have run successful proof-of-concept projects from Indonesia, Thailand, back to Indonesia and back in Thailand again — 4 harvest seasons in two different countries since the start of the project, with stops in Malaysia for project development time in between.

Looking back, it’s hard to believe it has been almost 2 years of non-stop travel, coffee hunting, CoffeeCoin project development, industry presentations, networking and community building across Southeast Asia for me since I started this project — all with the goal of bringing blockchain efficiency to the specialty coffee trade with COF.

This has been an amazing adventure so far, with great results. These efforts have proved our project and potential, gotten us plenty of interest and attention and allowed us to not only remain active, but continue growing too!

For those who need a reminder:

We are a top token on the Waves platform.

We are one of only 3 tokens out of literally tens of thousands that has received qualified status from BetterTokens.org with our project protected and preserved on the Waves platform, DEX and across all Waves apps.

The project has gotten plenty of coffee industry attention which has been directly responsible for us getting invited to give presentations and join in coffee meetings, conferences and tours as those who’ve followed along have seen.

COF trades with liquidity on the Waves DEX, Crex24.com, CryptoWolf.eu and is integrated with MyCryptoCheckout, allowing COF to be accepted on any WooCommerce site.

Most importantly, we put all of this into action and the project and supporters have been successully buying and selling coffee direct from farmers to customers around the world with COF for over one year now!

Next Steps:

We will now continue to capitalize upon our success and make our next move forward with a permanent “CoffeeCoin-focused” micro-roastery & green coffee trading business.

We are leaving Thailand in just a few days. The next part of our journey is the final groundwork for putting together the micro-roastery and specialty trading company who’s underlying purpose will be to support COF, the CoffeeCoin project and the CoffeeCoin mission and introduce or project, token and tools to the coffee industry.

It’s all about improving efficiency and more directly connecting producers and consumers of excellent coffee.

Exciting Times Ahead

In a few day, I am leaving Thailand to take care of related business. While this is underway, it is important to make sure the CoffeeCoin site and shop is active. We will have the next offers in the CoffeeCoin shop — only for COF — within the next two weeks.

Meanwhile, I will continue updating you as this next phase progresses with more details to be revealed soon. Be sure to be in our project SLACK to ensure you receive the latest updates — I will also share on our community-powered Telegram channel.

Get ready for a exciting Q2!

Again and as always, thanks for supporting the CoffeeCoin project and our mission to bring blockchain efficiency to the specialty coffee trade.

Sincerely,

James Allen

Founder: CoffeeCoin.io

Blockchain Efficiency For The Specialty Coffee Trade