INTRODUCTION
In the Multi Billion Dollar Kratom (mitragyna speciosa) Worldwide Industry, due to the mixed prohibition of Kratom, decriminalized Kratom sales are only legal in most but only certain parts of the world. Because of this limited legality, most Kratom businesses do not have access to banking, resulting
in cash-only businesses. This includes consumer purchases at the point of sale, wholesale purchases from suppliers, operational costs, and even tax remittances. This results in a business ecosystem where accounting is difficult, and risk of theft or loss is high. For those Kratom businesses that do find banks willing to work with a high risk industry, fees for compliance and account maintenance are high. Cryptocurrency payments are fundamentally low cost and reduce accounting overhead and risks for the merchant. KTH Coin provides convenient Payment Ecosystem for businesses and consumers alike to get out of an all cash ecosystem while improving transparency, security and efficiency. In addition to providing a worldwide “KTH Coin Payment Ecosystem”, the KTH Coin will also be backed by an actual “Kratom Project”.
KTH Coin is a community coin based on BNB Smart Chain (BSC) using as the global payment solution for Kratom dispensaries, retailers and merchants. KTH Coin is backed by Kratom where it is accepted.
KTH COIN MISSION
KTH Coin (KTH) mission is to provide seamless, fast secure and immutable payments for worldwide Kratom industry.
KRATOM HISTORY
Kratom is the name of a tropical ever tree from the coffee family native to Southeast Asia. Also known as mitragyna speciosa, it is a fast-growing plant that is easy to cultivate and has many uses, grown in Thailand, Myanmar, Malaysia, Indonesia and Papua New Guinea. where it has been used in herbal medicine since at least the nineteenth century. Kratom has opioid properties and some stimulant -like effects.
HOW IS KRATOM USED?
Traditionally, kratom leaves were chewed, brewed into tea , or used in cooking. Its leaves are or encapsulated and sold as a supplement. Kratom leaves can also be smoked like tobacco or marijuana
There are some kratom leaves, powder, and capsules available for sale in some health food stores, vape shops, and online specialty stores. The most common uses of it are to relieve pain, depression, and opioid
addiction. The two most active compounds found in kratom, mitragynine and 7-hydroxymitragynine, work on opioid receptors, but with fewer side effects.
Kratom has been used for hundreds of years in Asia as a natural home remedy. Traditionally, it has been used to treat:
- Fatigue
- Pain
- Diarrhea
- Muscle cramps
HEALTH BENEFITS
Some people take Kratom for managing chronic pain , for treating opioid withdrawal symptoms, or for recreational purposes. The onset of effects typically begins within five to ten minutes and lasts for two to five hours.
Anecdotal reports describe increased alertness, physical energy, talkativeness, sociability, sedation, changes in mood, and pain relief following kratom use at various doses.
Kratom has been studied as a potential sexual enhancement supplement. Researchers examined several clinical studies and reported findings regarding the aphrodisiac effects of kratom. They concluded that kratom is an effective plant-based sexual enhancer.
Pain Relief
Kratom comes in three different strains, which all are effective relievers for chronic pain. White vein, green vein, and red vein varieties provide pain relief by attaching to opioid receptors. One compound found in kratom, 7- hydroxymitragynine, is 13 times more potent than morphine .
Although kratom targets opioid receptors like morphine and codeine, it is considered an atypical opioid. Kratom selectively inactivates specific signals, which may explain the more tolerable side effects compared to typical opioids.
Mood-Boosting
Kratom has many mood-enhancing effects. Reports show that kratom is an effective treatment for opioid addiction . It has been proven to help alleviate the withdrawal symptoms of morphine and ethanol.
Other studies show that kratom has potential as an antidepressant and a hunger suppressant. In one animal study, researchers determined that kratom lowers corticosterone levels in mice. Elevated corticosterone levels are associated with depression .
In another study with rats, kratom supplementation suppressed hunger by inhibiting the hypothalamus, the part of the brain responsible for appetite and cravings. More research on humans is needed to examine if kratom has similar effects.
KRATOM PROJECT
The Kratom Project will be based out of Thailand, will own and operate a Kratom Extraction Facility. The Goal of the Kratom Project is to achieve at least 30% of the $5B total market cap of Kratom industry, reach and capture the markets in Thailand, South East Asia wherever Kratom is legalized in the world. The Kratom Project will be fully compliant with all state and Local Municipalities and be primed and ready for worldwide expansion.
The Kratom Project will utilize cutting edge and proprietary processes.
The Kratom Project has planned and ventured with focus and dedication to achieve the following goals.
- To create Kratom extractions, concentrates and tropical products such as energy drink, medicine and clinical treatment to service the exploding concentrates industry.
- To produce high-grade Kratom Energy Drink (KTH) and build a recognizable brand in a rapid growing industry.
- To own and operate a medical Kratom extraction facility in the State of Thailand utilizing cutting edge and proprietary extraction processes.
KTH ECOSYSTEM
KTH Coin in addition to Kratom project, plans to use, promote and grow KTH Coin as the de-facto Payment and Exchange utility coin and Ecosystem for purchase, sales and distribution of all major Kratom products worldwide including recreational and medical purposes.
KTH Coin will be using the Blockchain Technology and is based on Proof of Stake (PoS) Blockchain Technology. KTH Coin would achieve transparent, fast, secure and immutable payments worldwide enabling through the common KTH Ecosystem. The underlying Blockchain technology will ensure to achieve the required decentralization and transparency in distribution, acquisition and sales of Kratom products worldwide between.
This is why KTH Coin was created to differentiate itself from other cryptocurrencies & also traditional currency exchange systems. The KTH Coin not only has a fixed supply of tokens, but also that each KTH cold during IEO is backed up by “Kratom Project” and “KTH Ecosystem”.
Thus, KTH Coin is a truly Decentralized exchange system operating on a Proof-of-Stake (PoS) blockchain allowing all transactions be transparent and permanent and also has its own inherent value anchored through Project backing and interest payment (from Project profits). Over time, as KTH Coin is used through the Kratom industry ecosystem consisteing of Kratom growers, manufacturers, distributors, retailers and consumers, it will derive more and more of its utility value in addition to the inherent base value through Project backing. No coin or currency can guarantee absolute stability, but KTH Coin limits the exposure to the downside risk. Since the KTH Coin at IEO is backed by Kratom Project, it has a floor price or an inherent base value.
Roadmap
Official KTH Website Launch
KTH Token Mint
Pre-Sale Launch
Staking Platform
KTH Payment App
KTH Pay
LBank Exchange Listing
KTH Energy Drink Launch
KTH Medical Treatment Facility
New KTH Extraction Facility
Team
