AUGUST 1 UPDATE:

Project redemption BUY ORDER for all 100 JVK18W1 tokens at 2400 COF each has been placed on the Waves DEX. Trading Pair: BzQLM2J3RNhBX92w1nh1FbSjuEyeXLKqon98fCHohGSL / CoffeeCoin (JVK18W1 / COF) Buy order from our issuing wallet will remain until Sept. 16, 2018 or until order is filled, whichever comes first. It’s LIVE: Fresh-roasted Java Kayumas Arabica coffee from tokenized lot JVK18W1 can now be ordered with CoffeeCoin at JavaNomad.com Anyone who would like to redeem JVK18W1 tokens directly for 250 grams of roasted coffee from the lot OR 1kg of green coffee each (not including shipping), please use the contact form at JavaNomad.com – we will need your complete shipping address, your Waves’ wallet address, the amount of roasted and or green you would like to redeem your tokens for and your contact information. We can then begin preparing a shipping quote and instructions for you.

JULY 17 UPDATE: All 100 tokens for coffee lot JVK18W1 were sold within 12 hours! Confirm distribution here: http://dev.pywaves.org/assets/BzQLM2J3RNhBX92w1nh1FbSjuEyeXLKqon98fCHohGSL

Project updates continue at bottom of page….

Project Token JVK18W1 Is Waves DEX Asset ID: BzQLM2J3RNhBX92w1nh1FbSjuEyeXLKqon98fCHohGSL

July 16, 2018

CoffeeCoin Announces First Tokenization Of Green Coffee Lot On The Waves Blockchain!

Read Below To Find Out How CoffeeCoin Project Supporters Can Participate And Earn Bonus COF…

Summary:

The CoffeeCoin utility token project has tokenized 100 kilograms of washed green arabica coffee from the 2018 harvest in Kayumas, Java, Indonesia by creating 100 non-reissuable “JVK18W1” tokens on the Waves Blockchain platform – each representing 1kg from the lot.

CoffeeCoin project supporters can participate in the acquisition and trading of this lot by purchasing lot tokens on the Waves DEX with CoffeeCoin and redeeming them later for green coffee, roasted coffee or for the token’s original CoffeeCoin price + 20% bonus CoffeeCoin in one month.

Data from the lot, lot transaction and order transactions is being preserved using CoffeeCoin on the Waves blockchain with the CoffeeChain.io platform as a live example of using CoffeeCoin for blockchain traceability in the coffee trade.

How To Participate:

Project supporters can acquire JVK18W1 tokens direct from the Waves DEX for CoffeeCoin (COF) from Monday July 16, 2018 until Friday July 20, 2018 or until all 100 JVK18W1 tokens have been purchased from the project wallet – whichever comes first. CoffeeCoin received will be used to acquire the lot.

The coffee will then be roasted, traded and sold for CoffeeCoin to the public. In one month, supporters will be able to redeem their JVK18W1 tokens for an additional 20% COF. Alternatively, supporters can redeem their tokens for green and/or roasted coffee from the lot in the coming weeks.

Please copy and paste the following asset ID for token JVK18W1 on the Waves DEX: BzQLM2J3RNhBX92w1nh1FbSjuEyeXLKqon98fCHohGSL

Sell Wall is for JVK18W1 / COF – confirm asset ID above.

Sell price is fixed from our project wallet at 2000 COF for 1 JVK18W1 until July 20 or all tokens have been sold from our sell order, whichever comes first.

BUY WALL will go live on or before Thursday, August 16, 2018. Buy Wall will offer 2400 COF for 1 JVK18W1 token and will remain for 1 month to ensure everyone who wishes to redeem during buyback can. Redemption will be announced and reminders posted here, to our CoffeeCoin email list and on our social media channels.

After lot acquistion, we will also offer supporters an opportunity to redeem 1 JVK18W1 token for either 1kg of green coffee from the lot or 1 x 250 gram bag of roasted coffee (not including shipping). Details will be posted on this page, to our email list and social media channels as well.

Additional Details:

We have set up a separate wallet for this project. Project JVK18W1 wallet address is: 3PM8YahMaSbxMtHJoDVKa8WZDoy79AaThuU

240,000 CoffeeCoin have already been added from CoffeeCoin promotional funds to the above wallet to cover redemption / buy wall of all 100 tokens. (Buyback price 1 JVK18W1 = 2400 COF from Thursday Aug. 16, 2018). This is to ensure the integrity and success of this project as it is being run as an example for the coffee industry.

COF received in exchange for JVK18W1 tokens will be converted into Waves and then into cash at source to purchase the lot.

Lot shipping, order transaction and project details will be preserved on the blockchain using COF and the CoffeeChain platform as an example for the coffee industry: https://coffeechain.io/beta

Thanks in advance for participating in CoffeeCoin’s first green bean lot tokenization project and helping us bring blockchain efficiency to the specialty coffee trade!

– James

Contact And Follow Along On Twitter – Telegram – Slack

Project Updates Will Be Posted Below:

Update 1:

July 17, 2018 – Good morning from Bali! Wow – All 100 tokens for COF’s first tokenized green coffee lot sold out in under 12 hours! A total of 7 participants / wallets acquired the entire tokenized lot – you can confirm the distribution here:

http://dev.pywaves.org/assets/BzQLM2J3RNhBX92w1nh1FbSjuEyeXLKqon98fCHohGSL

Next: CoffeeCoin received for the tokens will be used to acquire the lot. COF will also be accepted for payments for this coffee both green and roasted over the coming weeks. (Project participants can also claim green and roasted using their JVK18W1 tokens.)

Keep an eye on COF as this project continues and news begins to spread!

Meanwhile, I’ll continue updating the story / status of the lot as it makes it way from farm, to us and then on to customers around the world.

COF will also be used to transmit and preserve this data about lot JVK18W1’s journey on the blockchain. This can be viewed on our platform as well at https://coffeechain.io/beta.

Update 2:

July 21, 2018 – CoffeeCoin project 1st tokenized green coffee lot JVK18W1 has been secured and shipped from source! https://twitter.com/JavaNomad/status/1020476442067361793

Shipment tracking data transmitted & preserved on blockchain using COF. Confirm at: https://coffeechain.io/beta

Update 3:

July 23, 2018 – CoffeeCoin project 1st tokenized green coffee lot JVK18W1 has been delivered! https://twitter.com/JavaNomad/status/1021361747322523649

This completes the first tokeninzation, purchase from source, shipping and delivery of a green coffee lot using CoffeeCoin and the Waves’ blockchain, providing another real-world example of COF’s utility in the specialty coffee trade!

Shipment tracking data transmitted & preserved on blockchain using COF. Confirm at: https://coffeecoin.io/beta

Coming next – Kayumas Java Arabica coffee from lot JVK18W1 will be retailed green and/or roasted – with payments accepted in CoffeeCoin. CoffeeCoin will also be used to transmit and preserve order and tracking data from the retail transactions – resulting in complete farm-to-cup blockchain traceability for this lot!

Update 4:

August 1, 2018 –