This project is targeted at the Cannabis industry, but unlike the other current options which actually focus on facilitating payments between consumers and marijuana businesses, this one focuses on another key aspect of managing any business: the need for office space.
Shared offices and networking spaces are not a new thing, but like almost everything else, it proves challenging for professionals in the Cannabis industry to rent spaces due to the ongoing stigma toward their niche. Despite the fact that acceptance for marijuana only grows every year, it is still a difficult undertaking, even for completely licensed and legitimate businesses in the industry.
While this does not seem like something that needs its own token, the PRG asset does have some other neat tricks. Your Paragon investment will also allow you to access industry-specific smart contracts which will allow those within the industry that will actually add transparency and credibility to the businesses within the Cannabis ecosystem. Patients will be able to schedule appointments with their doctors, check the legitimacy of their projects on the blockchain and even store and verify lab results.
This creates an inclusive ecosystem where professionals in the marijuana industry can brainstorm, share their ideas and solutions and create a more efficient way to manage their data and resources. There's more than meets the eye initially for this project, and it's worth it for investors to poke around a bit before writing Paragon off as just another marijuana coin.
Cryptocurrency enthusiasts can only buy Paragon on a few exchanges, but the trading volume here is pretty substantial. Surprisingly, the Bitcoin trading pair is pretty empty for this asset though, and if you want to make a trade, then you'll need to swap to either ETH or USDT first to do so.
PRG is an ERC20 token. These are Ethereum based tokens, and that means that you'll need an appropriate Ethereum wallet to store your investment in. There's a ton of options for this, and the right choice depends on your preferences, and the degree of security that you want to have. For ease of use, consider My Ether Wallet, Coinomi or Meta Mask. For maximum security, utilize a hardware wallet like Ledger, Trezor or KeepKey. No matter what wallet you decide is best, always create a backup immediately upon creating your wallet and stow it somewhere safe.