Paragon Announces Partnership with MVNO MTX Connect

Share Article

MTX Connect will accept Paragon’s cryptocurrency to aid Paragon’s mission to make the legal marijuana industry more efficient and transparent.

Our goal is to bring structure and security to a fragmented industry.

Paragon, a blockchain start-up focused on building physical and digital infrastructure to accelerate the legal cannabis industry, today announces a partnership with MTX Connect, a mobile virtual network operator (MVNO) based in Luxembourg.

This partnership means that MTX Connect will accept Paragon’s cryptocurrency as a means of payment. Paragon joins MTX Connect’s rewards program partnerships, along with the likes of several airline miles programs.

Businesses in the Cannabis industry face difficulties and stigma when renting space, using payment processors, and accessing many other services that are required to run a business. By bringing MTX Connect into the constellation of service-providers accepting Paragon, we help cannabis entrepreneurs stay connected for a reasonable price, wherever they travel.

A representative of MTX Connect comments, “MTX Connect is focused on providing travellers a reliable and reasonably priced service when they are abroad, and believes that accepting ParagonCoin as payment will move us in that direction.”

Jessica VerSteeg, CEO of Paragon, said, "Our goal is to bring structure and security to a fragmented industry. We are setting new standards of transparency in this business, by making all information about the plant available to the end user. It validates on the blockchain that the product is what it says it is, and was grown in the way it says it was grown. We also like to take care of our members, by providing them with more ways to use the token inside and outside of our system."

For media inquiries, or to schedule an interview, please contact Donald Berlin at Voyage Resources: don(at)voyageresources(dot)com or call 303-589-5774.

About Paragon Coin
Paragon is a distributed ledger for the marijuana industry and supply chain. Paragon’s blockchain-backed network will enable secure and transparent record-keeping for harvest data, lab results, transportation history, doctor registries, marijuana IDs, and prescriptions. CEO, Jessica VerSteeg, is a well-known beauty queen and reality TV star (Amazing Race). Egor Lavrov, Chief Creative Officer, is a serial entrepreneur, who sold his first business for $2 million at the age of 16. Paragon’s team includes alumni from Facebook, Google, Cisco, and Y-Combinator.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Donald Berlin
Voyage Resources
+1 3035895774
Email >
Visit website