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New York First, Karachi Second In Cannabis Consumption

New york first, karachi second in cannabis consumption

New York First, Karachi Second In Cannabis Consumption

Karachi toke

According to the Weed Index, 2018 Cannabis Price Index report, Karachi Pakistan remains the second largest consumer of cannabis (toke), among the 120 cities studied by ABCD, an Israeli company which sells devices for at-home marijuana growth.

The use of marijuana in Pakistan is illegal, but that has done little to reduce the recreational use of the plant. A 2013 article by PRI details the drug enforcement in Pakistan:

Technically, selling any drugs in Pakistan can lead to life in prison, though in rare cases tribal leaders have called for drug trafficker’s public execution. In Karachi, however, such sentences are rare. Though the country’s bumbling police often enforce laws for harder drugs, they typically overlook hash. Cannabis is indigenous to South Asia, and inhabitants of the remote, unruly mountainous regions cultivate it widely; towering green plants with fragrant buds the size of fat cucumbers waft in the autumn breeze.

Marijuana Use Around The World

Despite having the second highest consumption rate among the cities apart of the ABCD study, Karachi falls way short of the level of toking done in New York, New York. The Big Apple consumed 77.44 metric tons of herb in 2018, compared to the 41.95 in Karachi. New Delhi, India came in an impressive third with 38.26 metric tons of weed consumption last year. Despite having the most headshops worldwide (156) Los Angeles, California came in fourth with 36.06.

Inside The Study

ABCD provides insight into the study:

ABCD, a data-driven media campaign outlet, has released new data which reveals the number of marijuana head and growshops in 120 cities around the world. This research, which builds on the 2018 Cannabis Price Index released earlier this year, reveals which locations around the world are ready to embrace cannabis legalisation [sic]. The aim of the study is to illustrate the continuous need for legislative reform on cannabis use around the world, and to determine if there are any lessons to be learned from those cities at the forefront of marijuana legalization.

“ABCD decided to conduct the extra research in order to to [sic]further the discussion around the medical and recreational use of cannabis, and the potential industry and business opportunities that would follow legalisation [sic],” the report continues. “By identifying the number of headshops as well as growshops, this study serves as an indicator to a city’s existing cannabis infrastructure and willingness to accept such reform on a larger scale.”

The study definitely shows if marijuana reform was conducted on a global scale, there would be a booming weed business. The only concern would be not allowing multinational corporations to monopolize the industry, squeezing out small growers and artificially setting unreasonable prices.

The post New York First, Karachi Second In Cannabis Consumption appeared first on ValueWalk.

Published at Wed, 09 Jan 2019 04:03:48 +0000

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Spells of Genesis Game Launches for iPhone & Android

Spells of Genesis (SoG), a blockchain-based mobile game, was released on the Apple App Store and Google Play store yesterday.


Spells of Genesis Available in App Stores

The blockchain-based fantasy trading card game, Spells of Genesis (SoG), has been added to the Apple App Store and Google Play Store yesterday. This means that cryptocurrency is one step closer to mainstream adoption as anyone with an iOS or Android device can now play this game.  

Shaban Shaame, CEO and founder of EverdreamSoft stated:

It’s a huge milestone because SoG will be one of the first ICO projects that hit the mainstream market.

The news comes 18 months after the Initial Coin Offering (ICO) campaign in which Swiss-based EverdreamSoft, the company behind SoG, collected 934 BTC in exchange for BitCrystals (BCY), a crypto asset issued on the bitcoin blockchain. BCY is used to purchase in-game content and to unlock certain features.

Not only is SoG offering gamers the ability to actually own their in-game balance and to exchange it for BTC, other cryptocurrencies, and fiat, they are also leveraging blockchain technology to bring life to the concept of “rare” trading cards.

The bitcoin blockchain ensures that BTCs can not be reproduced/forged/duplicated, just like it ensures that SoG rare trading cards can not. This is also done by using by issuing the trading cards as assets on the bitcoin blockchain.

Spells of Genesis

Spells of Genesis is a mobile game that brings in elements of trading card games (TCG) along with arcade-style gaming aspects. SoGis influenced by Blockchain technology on various levels. Not only are BitCrystals (BCY) used to monetize the game, rare trading cards are also cryptographic assets on the bitcoin blockchain.

But that’s not all! Blockchain technology is also the main focus of the storyline with  rare cards featuring known coins, services or people like the Satoshi Nakamoto card, the Ethereum card and even a fork card that symbolizes the current bitcoin scaling debate.

As so, SoG allows gamers to learn about bitcoin and cryptocurrencies in a playful environment, where users can discover the history so far and the features/tools provided by different projects through the cards themselves, preparing entrant users for the overwhelming world of blockchain technology, should they choose to delve into it.

Gaming and Blockchain technology

Despite being one of the first ICO projects to reach a mainstream audience, BitCrystals is not the only cryptocurrency & gaming project out there. In fact, the two seem to form a perfect match. Starting with gambling, bitcoin changed the way we interact with online casinos, making online gambling transparent and much more efficient. Today there are multiple provably fair gambling websites.

Online gaming itself has always been limited in the sense that all of the accomplishments of gamers were nothing more than data in a server which they could never export into the real world. Thanks to blockchain technology, users can be rewarded for their efforts by selling or trading in-game items and cards for actual money.

Although SoG is the first of its kind, others have followed. Rarepepe, a meme-based game, uses a similar system to Spells of Genesis in order to create and record rarepepe cards on the blockchain. These can then be exchanged for BTC and other cryptos. Although Rarepepe is not a game in itself, it has become extremely popular in the crypto space, with cards being bought and sold for exorbitant prices.

Cryptocurrency assets have also become a way to gamify existing platforms by creating decentralized incentive models and ways for players to compete among themselves.

The FirstBlood project, for example, is a decentralized platform that uses smart contract technology to make eSports tournaments and matches between gamers fair and transparent, allowing gamers to profit from their skills.

MobileGo also comes to mind, a dual-blockchain token that will be used to gamify the GameCredits mobile app store.

Despite the growing chainwashing trend where projects use blockchain technology for the hype and not for the technology itself, the gaming seems to be one step ahead by being of the few industries where blockchain technology is already having a visible impact and changing the way we play.

Can Blockchain technology change the gaming industry completely and become the standard? Or is it just another fad in the gaming world?


Images courtesy of Spells of Genesis, Daily Dot

The post Spells of Genesis Game Launches for iPhone & Android appeared first on Bitcoinist.com.

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Buying/Selling Bitcoin with Paxful

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