HCX

We have prepared for you a pleasant article for the weekend

Real estate is seen as one of the most reasonable forms of money allocation and capital investment in times of rampant inflation. Very high demand coupled with geopolitical instability and pandemic interruptions in global supply chains has caused properties’ prices to rise dramatically, and consequently building materials have also become more expensive. Hence, it’s not surprising that more and more people are looking for alternatives that can be a cheaper substitute for traditional building materials. One of them is ‘hemprecte’, hemp concrete. Interestingly, it has been available on the market for over 35 years!

Boom for hemp products in combination with a multitude of areas in which it is used has changed the way of perceiving hemp — the world itself is seen less pejoratively and is no longer associated only with a popular, light drug, but also with a range of other applications and industries such as medicine, textiles and gastronomy. While you have certainly heard of CBD oils or hemp-infused creams, the use of this plant in the construction industry is not so obvious anymore. However, the broad spectrum of hemp’s beneficial properties makes it work as concrete too.

Hempcrete — as it is called — was invented in 1986, in France. Already back then its advantages were appreciated and it was regularly used in renovation of old buildings, emphasizing its strength and resistance. However, it has started to gain real popularity only in recent years due to its above-average durability and low production costs. As a result, more and more specialists decide to use this alternative building material.

Hemp concrete is made by combining woody stalks of hemp with lime as a binder. Once mixed, the whole thing gradually hardens and the lime transforms into a rock-hard structure. Not only is hempcrete a robust and competitively priced product, but also a fully ecological building material. The use of the discussed composite significantly reduces the negative impact on the environment due to its ability to absorb carbon dioxide. What is more, hemp concrete has a negative carbon footprint because it eliminates more CO2 than is emitted during the production of other building materials.

The fact that the material can fully decompose in the event of demolition of the building makes it extremely friendly to our planet. In addition, it has valuable thermal insulation properties which allow for efficient thermal conductivity, so that the constructions in which it is used usually do not require an additional layer of protection against heat and cold. This set of parameters places hempcrete quite high in terms of the healthfulness of the materials used in construction. The lime it contains absorbs moisture very well, which prevents the formation of fungi and mold inside the structure, while unprocessed, natural components make it ideal for people with allergies.

The concept for this ecosystem was formulated and developed by a group of enthusiasts and professionals in the hemp and crypto industries. Some of the scientists that make up our team were members of the Institute of Natural Fibers and Herbaceous Plants in Poznań, which is the oldest research center in the world that analyzes the properties of hemp. In turn, our experts from the cryptography industry were involved in the creation of innovative startups, achieving international success.

So we’re proud to say that HCX is created by and for cannabis professionals.

HCX project, working with unique professionals!

Meet Piotr Bień, co-founder of Ari10 Group🔥.

HCX Team was an official partner of Kanaba Fest in Gdansk

Kanaba Fest took place between May 7–8 2022 in Gdansk. One of the official partners of this cannabis fair was HCX Team. It was already the 6th edition of this unique event, which this time moved to Gdansk Plenum, offering its attendees an exceptional, post-industrial atmosphere.

Almost 10,000 participants of the Kanaba Fest fair

This year’s Kanaba Fest was another opportunity to meet in one place not only supporters of occasional cannabis use, but also patients, farmers, planters, hemp-related business owners, influencers and creators of innovative products, including those related to cryptocurrency.

HCX was one of the main representatives of the digital asset industry, acting as an official partner of the event. We built our brand image with flags and banners displayed in the building where the event was held. Each participant also received a gift from HCX and information about our project as part of the welcome package.

- During the fair we established contact with many exhibitors. Some of them expressed willingness to cooperate and attract future investors through the HCX platform. During the event we also managed to conduct talks about partnership with a team behind a very interesting and cutting-edge project. Together we will develop the hemp industry. The details will be soon announced through our social media channels — commented Łukasz Sobków, co-founder of HCX.

The HCX ecosystem is ideally tailored to help dozens of exhibitors who were present at the event. This is because our token supports the financing of groundbreaking projects in the hemp industry. Every year the fair attracts more and more participants and exhibitors presenting their products, which shows that the potential for HCX development is constantly growing.

Education, music and a chill zone

During Kanaba Fest, attendees were able to meet with experts from various fields, who worked together to create a complete picture of the hemp market. During two days of panels, one could hear from representatives of the nutrition and legal industry, patients using hemp-based pharmaceuticals, or take part in different debates.

One of the fair’s highlights was a panel during which the first private entrepreneur in Poland, who had obtained a permission to purchase fiber hemp, shared his extensive knowledge and experience. During the meeting he talked about how to effectively grow hemp.

5 Surprising Facts About Cryptocurrencies

Cryptocurrencies are no longer just a new toy for technology and computer geeks, but a viable investment alternative for the mainstream. Thousands of ‘virtual tokens’ are in circulation, and the liquidity of the ecosystem is maintained not only by retail investors but also by a growing number of large institutional players, funds, and investment banks. This article will not focus on showing you the market’s basics. Instead, we have gathered some surprising and interesting facts about this still young, but dynamically developing market.

#1: In 2010, 10,000 Bitcoins bought one pizza. Now they are worth $400,000,000!

The first and still the most prominent cryptocurrency is Bitcoin (BTC). On 22 May 2010, a Florida resident made the first commercial transaction using it, paying 10,000 BTC for two pizzas. At the time, one Bitcoin was worth about $40. In 2022, the sum is “noticeably” larger. According to the average values of the last 30 days, 10,000 BTC was worth… $400,000,000! In the historically record-breaking moment for the BTC market (November 2021), you could even get $700,000,000.

#2 The entire cryptocurrency market is worth $2 trillion

Gold dominates among the largest investment assets worldwide, with a market capitalization of almost $12 trillion, and Bitcoin ranks 10th with a market capitalization of just under $700 billion. However, if we consider the value of the entire cryptocurrency market, it is currently at the $2 trillion mark. This means that cryptocurrencies are bigger than Warren Buffett’s Berkshire Hathaway and Elon Musk’s Tesla combined! Meanwhile, Bitcoin has a larger capitalization than such Wall Street giants as Meta (Facebook), Nvidia, Visa, Samsung, and Mastercard.

#3 Bitcoin’s creator remains anonymous to this day

The author of the Bitcoin white paper and the first implementation of BTC is Satoshi Nakamoto. As it turns out, however, this is just a pseudonym and we do not know the real creator. Although more than a decade has passed since the creation of the cryptocurrency, and journalists, researchers and the community have made many attempts to establish Nakamoto’s identity, to this day it remains unclear who he is. There is speculation online that he may not even be a single individual, but a group of programmers. Less likely scenarios assume that BTC was created by… artificial intelligence or the US intelligence services. A few years ago, there were rumors that Australian entrepreneur Craig Wright was the creator of Bitcoin. To this day, he is still trying to prove his case in court, but his character is considered controversial, to say the least. The community has not recognized him as the real Satoshi Nakamoto.

#4 Cryptocurrencies can be legal tender, just like dollars

Bitcoins and other cryptocurrencies have been available as means of payment for many years. What’s more, you can save in them, take out loans, withdraw from ATMs, and perform more complicated operations previously only associated with traditional banks and financial institutions. However, as it turns out, cryptocurrencies can also be a country’s legal tender. El Salvador is a perfect example; it decided to take such a step in 2021. Since then, Salvadoran residents can pay for products and services and settle their taxes in both US dollars and Bitcoins. Although the International Monetary Fund (IMF) has disapproved of the move, other countries want to follow El Salvador’s lead. The Central African Republic may soon become the next country to accept BTC as a legal tender.

#5 Digital assets started the next internet revolution. Web3

The hemp market is growing rapidly all over the world, and although many may still associate it with a more or less controversial psychoactive stimulant, it has a vast spectrum of other applications. In this article, we want to introduce you to five little-known facts about hemp. We hope that they will help you understand why the popularization of the cannabis industry can only be beneficial!

#1: Hemp is not just marijuana. It comes in many different varieties

When we talk about cannabis, we usually think of cannabis indica (cannabis or just marijuana). It is extremely popular for its hallucinogenic properties, making it one of the most widely-used light drugs globally.

But did you know that ‘cannabis’ is a whole collection of many plants and varieties? Among them, cannabis sativa is extremely popular. Using it, man has created a unique type known as ‘hemp’, which is bred solely for industrial and medicinal purposes.

Although both hemp and naturally-occurring cannabis contain the psychoactive ingredient tetrahydrocannabinol (THC), industrial strains tend to contain much less of it, in favor of a higher concentration of a substance you have probably already heard of. We are talking about cannabidiol (CBD), which is beneficial in mitigating the psychoactive effects of THC.

#2: Hemp is one of the fastest-growing plants. Man has been using them for 50,000 years

We all know how common a bamboo plant is. All thanks to the fact that it grows extremely fast. However, fewer people know that the second fastest growing plant on earth is cannabis, besides bamboo.

Cannabis is thought to have appeared on the soil around 28 million years ago on the eastern Tibetan Plateau. For 50,000 years, it has been used for the production of oil or fiber, which is essential for making clothes, paper and ropes. They were widely used by Chinese farmers, among others, and the remains of their work go back as far as 4,000 years.

Current archaeological research shows that cannabis in different parts of the world has different levels of THC concentration. The oldest ones, were characterized by significantly lower amounts of psychoactive substance.

#3 1 acre of hemp will provide more fiber and paper than growing cotton and forests

Our ancestors did not use cannabis in their daily lives by accident. Indeed, one acre of hemp can provide 2–3 times more fiber material than the same field of cotton. The same area can also yield 2–4 times more paper than a parcel of a forest of similar size.

The first use of hemp paper dates back thousands of years B.C., but it did not reach Europe until the 13th century.

#4 Hemp in the past was fully legal and used… to pay taxes!

Hemp was not outlawed in the United States until 1937. Before that, the plant and its products were perfectly legal and served as a legal tender, and farmers could pay their taxes using hemp.

As late as the 17th century, some areas of the current USA even “forced” farmers to grow hemp for industrial purposes. In the 19th century, marijuana became a common ingredient in many medical products and was sold in unlimited quantities in American pharmacies.

As the 20th century began, following the Mexican Revolution, Mexicans began streaming into the United States in large numbers bringing “recreational” use of cannabis with them . Combined with the Great Depression of the 1930s, widespread unemployment and fear of immigrants, hemp was eventually outlawed.

#5 Hemp market to be worth $27 billion in 2028

In 2021, the industrial hemp industry was worth nearly $7 billion. At current annual growth rates of around 22%, this suggests that the global use of hemp will generate a turnover of $27 billion over the next six years!

Hemp is widely used in medicine, the automotive industry and even construction. The range of applications is growing all the time, and we can only speculate as to what other solutions will emerge in the future!

HCX is working with the best!

It’s time to show you that the project is backed by some of the best.

Meet Radek co-founder of GamerHash

An exciting competition has popped up at our partner where you can win vouchers for all cbd products from cannahealth.

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