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Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess

you are absolutely right, some use case dont need to be created in blockchain because at the end they wont serve a meaningful purpose, just like you said, it is just for that particular food project to just integrate any one of the popular coins like eth btc xrp etc into the system for optional payment, but you know everyone wants to have a piece of the pie so you will end up seeing irrelevant use case that wont progress to anything in blockchain.

You've said it right.

There's no need for another token to be used by those food blockchain projects. They can simply rely on popular cryptocurrencies and as usual, accept bitcoin as payment. The purpose of the creation of their token is to make its worth higher and take money into their pockets.

It's the reality for blockchain projects that involves token, there are sales on it.

Common sense thing but there are project owners whom do believe that they might able to get some marketshare with that kind of idea but if we do
think up that carefully and logically then theres no point on creating one when it comes to food blockchain project which i dont see for its relevance yet
anyone can just integrate those top coins in the market if they do really decide on integrating crypto into the business.
You would able to spot out which project does have that kind of relevance.

The whole idea of all the useless tokens you see around with no actual use case is to make quick money or profit from the ignorant investors or traders. The people behind the projects don't actually have any long term plans, all the focus on is on minting the tokens, make quick money and exit.
If you have noticed, most of those projects rarely go beyond 2-3 years before they get abandoned.

A fair answer to this question would be its because they want full control over their project. If I owned a food distribution company and wanted to use the blockchain to keep tabs on quality control or something, I wouldn't adopt a pre-existing method of payment and enrich devs and bagholders through pumping their bags. I would build it from the ground-up using Microsoft Azure or something.

As a method of payment, yeah creating your own coin for your own restaurant is only as good as the effort being put into the coin's success. They're better off accepting BTC, ETH, and LTC.

for the food project, there are not too many people who need it because everyone can easily get food with the paper currency that is easily obtained by everyone and it also makes it easier for people to get it so it's not very useful. New projects about food are not very useful because getting food is still easy nowadays and creating a crypto project for food doesn't really matter to everyone.

What do you expected? Every one want to take a piece of cake out of crypto and blockchain technology, crypto space is now a big money making haven and developers don't care much about what they bring to the table, whatever it is some stupid people will still invest their money on such project, a smart investor will definitely know how such project will end

True, some use case will never work and they are useless to begin with, I believe there are still many ideas that can be worked on for the benefit of crypto and blockchain but most developers are unqualified, they just want to make some money and leave the investors out in the dust,  our job is to learn how to avoid such useless use cases

There are few projects that uses such use cases before and after launch they go straight down within months, I don't know what developers are thinking this days, it's not as if there is no more new ideas let to work on, blockchain don't need food services, breweries, gucci, shoes and co, what good will this do for crypto users? Such businesses or companies only need to start allowing crypto payment from their customers, they don't need to build tokens, it's a waste of time

The application of blockchain in food industry is not for payment process only. I think you are missing some important point and I suggest you to read the real application of blockchain in food industry on the attached link below^[1].

Blockchain has a lot of used especially for storing records for transparency and protection also. You should understand further more the diffent use of blockchain so that you can understand its different application in different business sector.

[1] www.newfoodmagazine.com/article/110116/blockchain/amp/

I think consumers will adopt crypto payment if they are seeing more popular coins like btc or eth. But if it is their native coin, I don't think the adoption will be the same. Because people are more familiar with btc, they will be more willing to pay using this method. But with their own coin, they will be hesitant as they don't know their market. BTC is already established and its value is known to everyone. So if you are a business owner, better use the known cryptocurrencies first. And once you got success with this venture, then, maybe you can venture in integrating your own coin.

That's right and very understanding but the problem is adoption rate, it's not always about payment solutions like you said but will this use case attract many adopters? That's the main issue here, without the public support the project will easily drown, the developers need to ask themselves if this is what the public needs right now, whatever use case they bring if it's not attractive enough it's a good bye

Possibly some projects did that in the past.

See when the crypto hype was bubbling away like anything, almost everything in the world was being made into a tokenised system. During that time people thought that this was the end of mainstream markets and rise of crypto to the maximum, alas that bubble ended nicely for the owners of such projects but horribly for its investors.

The back concept is that the owners used the hype of launch the project and its tokens, the advisors and the devs sold off their tokens at a profit and then left the project - the ones who lost their money are the investors but they cannot legally do anything about it either.

Not just food but almost everything was being "developed" (<read vaporware) at that time in crypto tokens. End of the day the fact that matters is that altcoins never make it to a profit, but bitcoin is always going to be big. So buy bitcoin!

Let them try, once they see the end result they will learn their lessons, I've seen many projects in the past using virtual reality as a use case on the blockchain, it thus make sense honestly but we don't just need virtual reality on blockchain right now, might be possible in near future but not today, those developers had no choice but to abandoned the projects and work on something else

Use cases that have tough time surviving in crypto space

1. Artificial intelligence projects
2. Virtual reality
3. Renewable green energy
4. Food blockchain projects

The question is why are they failing? I guess they failed because the team aren't professionals in the field or because no one cares about this use cases on the blockchain? Well my real answer is these use cases are good enough but need dedicated qualified personals that will make it possible to survive on blockchain, probably in the future maybe

Yes it's more than just payment solution within food industries but still won't change the fact that it won't survive in crypto space, the whole idea of transparency throughout the supply chain, reduce food frauds and enhance food safety won't still work, can you invest your money on such project without thinking about ' if the public is going to embrace it' ? That will be your first thought, the success of a blockchain project relies entirely on the public, if the public failed to adopt it's a total failure

It also goes to show that blockchain is not for everyone to implement or take advantage of. It's main use is to preserve the data and not to tamper with, so I don't know how applicable it will be in food blockchain project. But as you have said, majority has failed so it means that the industry is not yet ready for this kind of project.

No ideas are "ridiculous" if you do it right. It might feel ridiculous to you, but not to others. Think about general people centuries ago. For them flying (planes) might have been probably a ridiculous idea, but not for everyone. Decades ago, flying cars was a ridiculous idea. Is it now?
Lots of developers failed does not mean that the idea itself is "lame".  Maybe you should start trying implementing this and turn this "lame" idea to something real big?

The blockchain is a decentralized space; which means that everyone can one way or the other try to create an impact for all of us through the blockchain; starting up a food blockchain may seem ridiculous; but it doesn't mean that it is not achievable. All that is needed to be done as an investor is to follow the progress, process and stated lay plans of the token to see if it can attain success.

If the developers can also work on their marketing; get proper food chain partnership like the McDonald's etc; then the food blockchain could be accepted afterall.

Wonder if the "food Blockchain" is a Blockchain/network built only for food business, or is it just a Dapp?   Tokens/dapps would be best suited for things like that.
 I normally see a Blockchain, combined with other part of its whole Decentralized Network, as a Nation with companies, infrastructures, members, currency, etc. The food business/project should probably function as company/application built on top of the Network.

Nobody said the idea was ridiculous, if what OP said sounds like that it means he is judging from past projects that failed due to lack of attention from the world or crypto users, it's a very nice use case but people don't just favour the use case, that's the main problem, developers should learn from past developers, without something that will help the entire crypto space it's never going to succeed

I agree, all these useless altcoins are very much littering the crypto space. You can easily accept payments in Ripple or Litecoin, for example, but everyone wants to create their own token, without realizing that it will cost nothing.

Honestly, there are few stores in korea that accepts majority of altcoins as payment solution like Bitcoin cash, XRP, litecoin etc, the food company owner could just do this instead, you can't use blockchain to get food data or something like that, it sounds ridiculous, with your own eye you can easily buy spoiled food stuffs or good food stuffs in the market, there is nothing shady about this, why blockchain for crying out loud

I think there are some reasons for this to be a lot of use cases and these things happen when these things are not obeyed and so there are use cases if you do not follow the rules of any work. So I think with the example I want to say that such a thing happens when a couple of unskilled people work for a bounty, so if you work with a skilled person, there will be no such scandal. You must have given very good advice so I would like to express my sincere gratitude to all of you.

I'm not sure there's any chance of a food blockchain project to succeed, I mean we have seen in the past how many food projects have tried but they have all failed, I don't know if they all follow the same strategy, but i don't see food blockchain projects making any head way in this crypto market, nowadays over 90% of all the new crypto projects have nothing good to offer to the crypto market,the project team are just out to sell their worthless tokens to investors, and become rich, developers are just too eager to get rich without taking time to map out a solid project.
Instead of creating a new worthless tokens, they can simply adopt crypto payments in popular cryptocurrencies like btc, eth, trx or letc, rather than creating another junk token.

Stop blaming developers, if they dont give a use case a try how will they know if it will work or not? Stop blaming failed use cases, if you don't try you can never know or predict the end results, artificial intelligence for example is no nonsense utility, just because it's not working on blockchain yet doesn't mean it's useless, A. I can have a home on blockchain in future

They just probably want to join the hype that's why they start their own project. Though it will be hard for them since there's already a bunch of coins on the market with better use cases and real application than their use cases. We have different perspective and we can't really stop them if they want to start their own project as they believe it will be worth it. It's just that not all project, especially with food blockchain projects gets the same spotlight or become successful.

At least there are foodCHAIN even without successful blockchain Food projects.

I am more on Medicinal side if to choose to be a blockchain developer Because even we can Use Other coins in future or even now to Buy medicine Yet this is a Self supporting market in Which has also a specific Groups that will support.

I have seen one back in 2017 and Believe that it will go through But after successful ICO when Bear starts in 2018 the project subside and now has almost to Movement in market.

You aren't far from truth, but what do you think about vechain.
VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought.

So many similar mini projects are out there that are really determined to take food blockchain to main stream just that they don't really have anything to offer. They will create a simple ERC-20 token, make a collaboration with an existing food company and then boom.
After paying huge for designing 0f whitepaper, then they will gather private and public fund. At the end, the project will be dump easily as most of the time investors don't know the importance of food blockchain.

The truth is developers need to always try out something new, whether it's going to work or not that's until they try first, base protocol team first released a project in 2018 I guess that was about artificial intelligence and more it it failed and they team had to return investors money, this year they came up with base protocol and it turned out very good

Well that's blockchain for ya, everyone could literally make things to solve a problem that doesn't exist in the first place. Like that overly saturated startup market. Though, it can still be considered as innovation, not that it's gonna cost us anything anyway.
Maybe their project could bridge the use of many cryptos into using unified means of payment who knows? however, this kind of "lame use case" is inevitable when everyone could just make something out of the blue.

Haha，just for money，what weird projects can't launch，can get money through deceiving is good of course, did not earn also nothing big loss，that is why they launch such weird thing.

They will be successful if they use existing ones that are accepted like Bitcoin.

Blockchain is great technology, not just for accepting payments. Also to keep your secret databases, you have control of the company's production.

Uhmm for business purposes, I suppose.
That's why they do coin offerings in the first place, OP. If they use the popular coins, then how can they use their own brand if they're using a coin of something else already.

The issue now is that with the bull market kicking in, many people will see this as a great advantage to launch their own tokens and rake in money as more as the market permit. 90% of the tokens in the space currently do not have a need to being in market but because it is the norm now, even if you don't want to do it, people will demand for it

Supplychain wouldn't be lame if you will be part of it so there will be no counterfeit products. A company that protects its reputation will likely participate in providing these types of use cases as far as I know NIKE had already joined to have this kind of blockchain.  The promising I think is the Vechain which were supported by big companies including the pharms from China but this is just what I have read on some article site. It could be just PR.

Blockchain will have more use cases but its adoption will still not be easy to achieve when there isn't yet trust built widely. It's even harder to kickstart a country to go cashless.

Many developers doing this with no real use case because of the funds that they can get from the investors. Creating a project that has no usage will resulted into a failed project. But you know some developers try something that could catch the attention of the investors.

The basic aim was to make food trackable so its source and quality can be confirmed.
I still think that this a solod use case and only blockchain can help bring this concept to reality so I still think that this sector will be big in the future.

Your points are very true, most developers are just in for the money and do not care about the impact the project will create. For instance, a project having its use case as fighting corruption or promoting unity is baseless. So many projects with use cases that do not make any sense exist, most are just money grabs.

LOL, this is just one of them, I've seen alot of more funny use cases like this and is so disheartening, what's more disappointing is that people still go ahead to invest their hard earned money into  this projects when they clearly know it has no future.
Anyone who's been here for long will know a project called cartaxi as way back as in 2016 or there about, this project raised millions of dollars in their ICO promising to build a taxi company where riders will book a taxi and pay in their token, people invested heavily in into this project and today, the project is long dead and gone with peoples money.

I do not agree as we see similar criticism for different sectors based on blockchain, you have named food I have seen people criticizing energy based projects as well but we need to understand that this is all new sector and will take a lot of time in developing, partnerships, implementation and then adoption.