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Smoke Chain 1 Year Birthday Update

By @smokenetwork on 24 Sep 2019.
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It has been a long year and we are constantly taken aback by the thriving community that has developed around the Smoke chain.

Celebrating our first birthday of many to come we wanted to take this opportunity to give the community an update on what we have been working on and the current status of Smoke.

Current Users

Smoke.io has grown steadily over the past year and we are happy to report that we are now averaging over 19000 active users a month according to Google Analytics.

In addition, over 50% of our users are from the USA, showing a high demand from legal cannabis users in one of the leading countries in the global cannabis movement.

Screenshot 2019-09-24 at 21.20.03.png

We are happy with these numbers coming from a relatively new cryptocurrency project, especially considering the state of altcoins in general and the slow year for most ICO projects, with the majority of ICO projects, especially in the cannabis niche, having either gonna belly up or still have no product to show.

We are extremely proud of our community and everyone who makes Smoke the blockchain it is today and for helping spread the word of what we are doing!

Project Blockers

The largest blocker for the Smoke team thus far has been getting listed on a large exchange. With most large exchanges either overcharging (some in the millions of dollars) for a listing or being pumped so full of fake volume to make them irrelevant, finding a trustworthy exchange that sees the value in Smoke as well as providing value for smoke has proven a larger challenge than initially anticipated.

This is in part due to the legal status of cannabis in some countries (Asia specifically) and also a bias towards projects that raised less than millions of dollars.

The irony is that many of these projects donโ€™t have working products or any kind of community to speak of and consist mainly of fake telegram users and fake trading volumes.

That said, we have targeted Bittrex as one of the last few exchanges with a long-lasting track record to be most aligned with our community.

We urge everyone in the Smoke community to contact Bittrex and show their interest in Smoke on twitter: https://twitter.com/BittrexExchange or on their support site: https://bittrex.zendesk.com/hc/en-us/requests/new.

Thus far we have applied multiple times but have yet to get past a canned response from their support team, despite many non-active cannabis coins still being listed with no product to show.

Please show Bittrex the power of our community by sending them a polite message asking for Smoke to be listed!

Achievements this Year

Our main development milestone for the year has been the completion of the official Smoke mobile App, and work on a new streamlined signup process, as well as many ongoing tweaks and issues on the web app that we will start to roll out in the coming months. User Experience remains one of our top working priorities.

We are proud of our month-on-month growth and have been slowly working away on marketing and search engine optimization initiatives to grow our user base and ensure the continued growth of our community.

Future of Smoke

Despite the failing altcoin market this year, we strongly believe that blockchain projects are here to stay and that Smoke is positioned incredibly well to take full advantage of the next altcoin cycle as well as the impending global legalization of marijuana.

We will continue supporting Smoke and building on our successes step by step despite any obstacles we might face on the way, including finding a legitimate exchange to provide liquidity and give additional legitimacy to the Smoke chain.

Additional plans for the year include a grassroots community marketing event and continued planning for our strain and dispensary review databases which bring with them a host of additional challenges.

We thank all the developers, creators and curators in our community for their continued support to help build out Smoke to our vision of the future.

The Smoke Network Team