Bitcoin Forum

Cocoa and chocolate industry   https://bitcointalk.org/index.php?topic=2871985.new#new (https://bitcointalk.org/index.php?topic=2871985.new#new) has joined the ICO bandwagon . ICO has really brought all products and services to the blockchain technology. Banking, Eneregy, Farming and anything one can imagine in our daily live is been brought into online. Now we have cocoa harvesting also on blockchain to advance the production of chocolates and cocoa products.

Well everything can be a so called "blockchain project" but I think unless the project actually utilizes the blockchain to some degree in a way that makes their token have value, then I think their ICO is one to stay away from. This would not be something I would invest in when there are tons of projects right now that are going to revolutionize the way crypto works. Go for something more crypto related than just any old project trying to be crypto related......

As you said, there are projects right now that are going to revolutionize the way crypto works. Crypto ICOs mainly of the service and technology is not the only best ICO that is sustainable or profitable. There is a lot of great project in plantation that is making much profit for investors than other crypto related works. Hempcoin is one example of product base marijuana cultivation, its historical price chart has proven to be a sustainable coin over the past year than bitcoins and Ether combined.

On top of the stupid idea, everything else is stupid. The design of the ANN, the rainbow colors, the fact that they recorded a video with a phone in vertical, where we couldn't hear what he said and called it marketing, the fact that they're all from Ghana(no offense). Another thing is that they have the same video for CEO and CMO
0:11 - CEO 0:22 - CMO.. Same picture, same words...
This points to a scam.

Why would you need blockchain for this.. doesn't seem legit to me

Not all projects need blockahin, most of them are just trying to raise money for their project but don't really need blockchain for their projects

How do you conclude something is stupid and scam without a substantial evidence. When did design of a project and colour of ANN determined the credibility of a project. And what is wrong with rainbow colors too. Yes they recorded the video with a phone in vertical but you must ask reason why they did that. Won't you applaud a young Ghanaian, blacks to be precise with little funds seeking funds to explore their talent. We have seen a lot of ICOs  with huge capitals with fancy adverts that make millions and vanish. I read the whitepaper and I think is a project that needs support.

It is difficult to say at this point. Not enough information to go by. Still, From what i can see so far scam or not, it does not seem like a sustainable ico.

If you think that the project needs support, you should support it.

For everyone wondering which project actually needs to use blockchain there is only one question you need to ask yourselves:

"Does this field need a censorship resistant ledger?"

If the answer is no (and it's no almost all the time except when the product is either money-like or personal data connected), you just move on.

Yes I am going to support it and I will add it to my watch list. Even marijuana is on blockchain , how come a cocoa which give us chocolate and other valuable by products/

please is NOT out of money that has necesssitated our team  members  coming to expilot people from this forum.  We can make money from our farming  activities  but as young start-ups seeking  expansion  we decided to explore other options of crowd funding  from bitcointalk community. We intent to put our ideas into work hence this project.  We are planning  to join Paris STATION FIGHTER program to reach out to more entrepreneurs and investors.  Our Pre ICO is to seek funding to advance our marketing  and advertising  activities  and hire more team members. We believe to make cocoa farming great with this project.
   

I tend to distrust industry specific coins unless they have something that is unique for that industry. Launching a project that is YAC (Yet Another Coin) but this time to be used for industry X does not make any sense unless the team has very strong connections with a worldwide industry and can really have a chance to create a standard or the coin does provide something that is unique to that industry.

In this case, I think this is YAC and YAI : yet another coin, yet another ICO

Too little information is needed to draw conclusions. It can become just another unsuccessful start-up.

I mean, I like chocolate as much as the next guy but I really don't see the point of the ICO here. ;D

Seems like a gimmick, Idk.

The website is live now http://www.kukucoin.io/ (http://www.kukucoin.io/)

But what does cocoa have to do with the blockchain?
Why is there more and more so-called "blockchain projects", which makes me wonder, is ICO just a means to get new money?

The website is live now http://www.kukucoin.io/ (http://www.kukucoin.io/). It gives every details of the project.

Not at all, to think is because  of money to squander that  is why we are running ICO,  Our team are expect in cocoa  marketing only need expansion  and we taught if marijuana  can be on blockchain  why can't cocoa

Ahh, it just screams a gimmick to me (like weed coins) but who knows.

We'll see based on the whitepaper, roadmaps, development, etc.

Will they be offering a Bounty? Sorry. Someone had to say it.
https://upload.wikimedia.org/wikipedia/commons/thumb/3/3f/Bounty-Split.jpg/1200px-Bounty-Split.jpg

yes, bounty is on the way and we will  run airdrop  soon.

Good Vibrations: ICO review:

https://blokt.com/icos/viberate-ico-review

Linkedln Viberate:

https://www.linkedin.com/company/10428955/

https://www.viberate.io/

This chocolate factory needs the choice whose name is Charlie to be a success ;D ;D but to be serious i don't know how to apply Blockchain technology to this idea so that it could make profit.

application of blockchain  technology  to cocoa  is only for creating  ERC 20 token to fund trading and marketing  of cocoa.  You can read the  white paper  here http://www.kukucoin.io/Whitpaper.pdf

Can you show an example of energy or farming blockchain real effect, not just another ico hype promising worldwide adoption and gathering millions?

This made me spit out my drink laughing. Nice one mate!

I couldn't resist :)

we often see startups trying to apply existing businesses to blockchain technology.
Of course, not all types of products can make fundraising through the ICO approach. Maybe you can try to think how the blockchain tokens can be applied to your product, then logic to make an offer through ICO.

There is different type of business in this world market, every type of business can not apply through ico, bit yes it u have good developer and excelent plan
 u can enter into blockchain coin e crypto market , so yes a coin for chocolate industry can be a good Ico ,

oh my god! blockchain for chocolate whats going on... or u mean IPO? When coins like stocks and same stuff

crypto currency has brought a revolutionary to the world, anyways, this a good one on the cryptos world, I won't be surprised to see more like this ICO.

ICO into something that is very successful and it is very promising. many of the fields entered in the ICO and if food can enter in ICO could be said then it would be something very big.

Why not?
all indeed have their own uniqueness in building the project.
they create new innovations to attract existing enthusiasts, and if innovation is successful, it will be great

I'm not sure that the cultivation of cocoa beans has a high rate of return. The mechanism for the return of funds to investors in this coin is unclear. Is there a mention that coins will be redeemed for a part of the profit from the sale of cocoa?

I personally stay away from anything with this type of concept, they can just utilize existing currencys and crypto

I agree. Every business concept has the freedom to start their own blockchain technology. Also, I think that it has a bigger chance to prosper because it's in the food industry, more so it is chocolate, which is widely beloved by a lot of people. However, my question here is how the promotion and marketing should take place; there are so many chocolate business around and having people to invest in, especially through this new technology is such a gamble for any starting up business. I say that because many people in this market gravitate to new technologies, new concepts and new business rather than existing ones.

It would become pretty easy for the trader in these fields who have to send a huge amount of money for shipping these products or purchasing the required materials like seeds, fertilizers, and other required stuff. As the time required for the payment would be in minutes and no other middleman would be required. These factors would help to make coins like this one KUKUcoin  (http://bitcointalk.org/index.php?topic=2871985.0) a big hit in the market and be very useful to a lot of people other than its investors too.

i have a question for you which may help answer your question here also.
you don't have to actually answer it but it is a good thing to think about a little.

from all these ICOs that you mentioned in different fields that have already happened, some of which a long time ago, which one of them do you know that actually did something after a while, like a couple of months, after their ICO ended?
did everything end after the ICO fund raising or did they do something in the world with the money they received? where are the results?