SativaCoin (STV) was launched as a digital currency to address the banking and payment challenges faced by businesses in the legal cannabis sector. The project aimed to create a decentralized payment system for dispensaries, growers, and consumers, facilitating transactions without reliance on traditional financial institutions. It operates on a Proof-of-Stake (PoS) consensus mechanism. However, based on its public roadmap and social media activity, the project appears to have been largely inactive or abandoned since 2021.

Founded in

United States