This project is good. anyone known how long we can harvert banana. 3 month? 6 month? or a year?
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Bananas for a banana republic!  Constantly scroll this joke in my head To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos At the moment, there is a shortage of demand for this variety of bananas, and the harvest of the whole world does not cover it, which is why we want to act decisively right now. That is now the demand for bananas exceeds the offer, I understand correctly? Yes, if we consider the demand for high-quality bananas "finger lady. |
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By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused
The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more. Oh, that's understandable. But will the higher purchase prices of bananas affect the price of tokens, and at the same time, investors? If it works, then only in a positive way. I do not think that such a price difference should be feared, it is worthwhile to worry about a more advantageous offer of competitors. Competitors? What competitors can this project have? Personally, I have not heard of any ICO in the field of agriculture Today I ran across this other tokenization project that also has agriculture as its focus. I don´t consider it a direct competitor as they are planning to build a token based investment platform specifically for ag project financing, but it may be interesting to look at their approach and perhaps some of their ideas may be useful for this project: https://api.cointelegraph.com/amp/v1/news/smartlands-platform-opens-the-agricultural-sector-for-crypto-investorsFortunately for our investors, we are not a place that is going to launch a pilot project in the future, we are a real business in present days. The project above does not have my personal trust. |
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By the way, 3.5 $ is the maximum price per kilogram of bananas? Is your banana worth $ 3.5? Or 1 $ per kilogram? I'm confused
The campaign is conducted with the calculation of the price of 1 dollar - 1 kilogram, but in the end, bananas can cost more. Oh, that's understandable. But will the higher purchase prices of bananas affect the price of tokens, and at the same time, investors? If it works, then only in a positive way. I do not think that such a price difference should be feared, it is worthwhile to worry about a more advantageous offer of competitors. Competitors? What competitors can this project have? Personally, I have not heard of any ICO in the field of agriculture Yes, we will be the most progressive in this field.)) I became interested in the project just a couple of days ago. Honestly, I dont understand anything in agriculture, so I would like to consult with developers or investors, whether this project is profitable
I'm a big fan of this project, but I can honestly say that you will not see big profits here. However, this will not be a loss either. I think that this will be a fairly small amount, but this is a guaranteed income, without special risks And what about the developers? Can they be trusted? The very idea of the project I like, it's simple, but the implementation ... I do not know how about ICO, but in agriculture they are real professionals. Youtube channel all clearly demonstrates the entire plantation. So, the plantation already exists? Then why do they collect money? At the moment we are considering the expansion of this business in 4 times. Why now? We have found wonderful land plots, and we are already preparing documentation for their registration under our business. Will wait for your bounty program. I am doing bounty promotions for several projects.
https://bitcointalk.org/index.php?topic=2164386.0 important not to be late;) I became interested in the project just a couple of days ago. Honestly, I dont understand anything in agriculture, so I would like to consult with developers or investors, whether this project is profitable
Perhaps someone else will give a more independent idea, but we, as organizers, guarantee the minimum profit of x4 for participants of pre ICO, and x2 for participants in the sale of the main ICO tokens. But we can not guarantee maximum profit) |
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Bananas for a banana republic! Constantly scroll this joke in my head To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos I do not know about plantations in Laos, but Laos's main competitor in supplying bananas to China is Vietnam. But, as far as I know, Vietnamese do not do such an ICO, so the competition will not be so significant Moreover, Vietnamese bananas are cheaper. I do not understand why not place production in Vietnam in Vietnam, the land is saturated with chemicals after the war. In this way, we are more concerned with the ecological compatibility of products. I just put my honestly earned money. I do not regret a bit about it. Yes, maybe this project will not bring crazy profits, but it will not go at a loss. Most likely, the profit will be, but not too much, I understand it well.
I think so too. I just understand a little about agriculture, so I also want to invest in Banana Coin Its a perfect idea!!! )) We hope that our investors will receive much more than we are able to promise at this stage) |
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Bananas for a banana republic! Constantly scroll this joke in my head To be honest, China is perhaps the most stable and solvent country. The Chinese market is incredibly lucrative. So it is far from banana republics I understand this perfectly. He studied white paper, and, perhaps, would have made an investment. However, I have certain questions to the development team. What about competitors in this area? It can not be that there is only one banana plantation in Laos At the moment, there is a shortage of demand for this variety of bananas, and the harvest of the whole world does not cover it, which is why we want to act decisively right now. |
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Agriculture and ICO? This is somewhat unusual, do not you think? I would not be too sure about such a project
Our huge advantage is that we are already an existing business, and additional investments are required for a radical expansion of the existing model. Blocking in this case is required only to distribute benefits to our dear investors) By the way, why not grow bananas in China? In the south there is a good enough climate + cheap labor. Why Laos? There are certain links with the authorities?
Land in Laos is much cheaper and more fertile, in Laos there are many tax preferences and cheap labor. In addition, we already have our own business in the agricultural sector here, we have chosen this land for increase) |
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as a developer wants to tie natural events that cannot be 100% correct and predictable to crypto coino that depends entirely on other levers? For the most part, agriculture is a lot of manual, physical labor and how are you gonna get with the technology of the blockchain???
The technology of blocking will be used here as a definition of the owners of tokens and transparency of the payment process with respect to all holders. From our side we guarantee repurchase tokens with subsequent destruction. Binding to the market price from the level of sold products. Alco we guarantee the minimal price of tokens (1$) without reference to the market price, but not earlier than 18 months. |
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By the way, you have already translated white paper? I have a couple of familiar translators in Chinese
Chinese government try to close ico investments for their citizen, but also Chinese translation is under reservation in this moment. Do you have a signature campaign? I probably missed it
Yes, we are : https://bitcointalk.org/index.php?topic=2164386.0 |
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And yet, why not try crowdfunding? Still, this is quite unusual for ICO
In fact, we are considering various types of investments, in any case, the owners of the tokens will known all what is happening in the company and will receive a promised reward |
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What about diseases and pests? Natural Disasters? If the harvest is damaged and you can not sell bananas to China?
They have professional farmers in the team, they will cope with pests there. But here the hurricanes, floods - this is really a threat. Maybe they will have a crop insurance? I do not understand how this happens We will do all legal things for plantation after we close Pre-Ico What are these legal things? An open contract with investors will be drawn up and an IСO stage will be prepared for the final version of the concept, full company documentation |
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I think this project is interesting, but I need to get more into the topic before investing
It's worth hurry, there are only 10 days left before the end of the pre-ICO Yes, I have a few questions about this project. If the Banana Coin is supported by the cost of bananas, then can the fall in the price of bananas affect our tokens? The bigger question for me is how Banana Coin is linked with the cost of Bananas? The company is attracting 3 000 000 USD not to grow 3 000 000 bananas and sell them for the market price, but to expand the existing plantation. One more thing is not clear for me - the company says that actually the average price for a finger lady bananas recently is around 3USD. And that the token is linked to the market price. Does that mean that they or someone else are going to be ready to buy my tokens for the market price of bananas by the day of purchase? I really love the project and already invested some money, but these topics are not clear at all. yes nice question. this should be answered. If the banana can be bought with banana coin it would make sense. Is it just raising to build a plantation and the earnings you will buy banana coins??? The developers also said that Banana Coins can be spent on the purchase of bananas, or am I mistaken? True! |
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I think this project is interesting, but I need to get more into the topic before investing
It's worth hurry, there are only 10 days left before the end of the pre-ICO Yes, I have a few questions about this project. If the Banana Coin is supported by the cost of bananas, then can the fall in the price of bananas affect our tokens? The bigger question for me is how Banana Coin is linked with the cost of Bananas? The company is attracting 3 000 000 USD not to grow 3 000 000 bananas and sell them for the market price, but to expand the existing plantation. One more thing is not clear for me - the company says that actually the average price for a finger lady bananas recently is around 3USD. And that the token is linked to the market price. Does that mean that they or someone else are going to be ready to buy my tokens for the market price of bananas by the day of purchase? I really love the project and already invested some money, but these topics are not clear at all. yes nice question. this should be answered. If the banana can be bought with banana coin it would make sense. Is it just raising to build a plantation and the earnings you will buy banana coins??? Concept is that Banancoin is a trade tool. You can trade coin to have 1 kg of banana from our plantation or ask us to sell those bananas and give you a revenue. |
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I think this project is interesting, but I need to get more into the topic before investing
It's worth hurry, there are only 10 days left before the end of the pre-ICO Yes, I have a few questions about this project. If the Banana Coin is supported by the cost of bananas, then can the fall in the price of bananas affect our tokens? The bigger question for me is how Banana Coin is linked with the cost of Bananas? The company is attracting 3 000 000 USD not to grow 3 000 000 bananas and sell them for the market price, but to expand the existing plantation. One more thing is not clear for me - the company says that actually the average price for a finger lady bananas recently is around 3USD. And that the token is linked to the market price. Does that mean that they or someone else are going to be ready to buy my tokens for the market price of bananas by the day of purchase? I really love the project and already invested some money, but these topics are not clear at all. Let me clear these things. I got answers for all of them) We attract money to expand land. To develop 100 hectare land we need $2 034 456,62. The plantation of 100 hectares, sown with bananas of the «Finger Lady» variety, brings revenue from the sale of the crop in the amount of 4.520.000 USD for one harvest, providing that the price of 1 kg of exported organic fruit is 1 USD. For effective plant growth it is recommended that the distance between the holes where saplings of bananas are planted is no less than 1.82 by 1.52 meters, it gives us about 3 616 bushes per one hectare. We get 361 600 bushes for 100 hectares. Every «Finger Lady» bush gives 12.5 (twelve-point-five-tenths) kilograms of export organic crop (unsuitable fruits are cut) and if the price is 1 USD per 1 kg and there are 361 600 bushes on a plantation of 100 hectares the income from their sale is 4.520.000 USD. Token is linked to 1 Kg bananas. And price varies up to 3.5 USD. The period of full fruit ripening, starting from planting, usually takes 8 months from the moment of placing the plant in the soil. Banana is a perennial plant (up to 9 years), after harvesting the most powerful shoots from the main plant are selected to form the plant for the next crop. The main trunk is cut, the weak shoots are removed. The period of fruit ripening from the second cycle is 5 months. The investment offer formed by our team is based on the price of 1 USD per 1 kg. Pls, check our Business Plan https://bananacoin.io/plan/ |
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What about diseases and pests? Natural Disasters? If the harvest is damaged and you can not sell bananas to China?
They have professional farmers in the team, they will cope with pests there. But here the hurricanes, floods - this is really a threat. Maybe they will have a crop insurance? I do not understand how this happens Harvest insurance is quite common, but you need to understand that the price of bananas depends on the most variable factors, including weather. To invest, I would like to know how the developers will handle it. I think that I'm not alone in it  Laos doesnt have any open water, like sea or oceans, so no hurricanes can be. All lands are situated at hills, so if lots of rain will come - water will just go downhill to rivers. Also, due to hills, no big wind. Again, we will build all infrastructure, plants will be small part of investments, so if something (but this never happened) go wrong we only will need to plant a new seedlings. |
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What about diseases and pests? Natural Disasters? If the harvest is damaged and you can not sell bananas to China?
They have professional farmers in the team, they will cope with pests there. But here the hurricanes, floods - this is really a threat. Maybe they will have a crop insurance? I do not understand how this happens We will do all legal things for plantation after we close Pre-Ico |
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What about diseases and pests? Natural Disasters? If the harvest is damaged and you can not sell bananas to China?
Pls, check few videos from our channel at Youtube. https://www.youtube.com/channel/UCkCZUIafAmqPX0ZnVO0DWdA/videosWe dont really have a pests there, but for them we use tobacco or natural soap, this helps to avoid them. |
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what? ICO and agriculture? How can this be connected at all? I believe that this is an interesting way to raise money for growing bananas
Yes, we connect these things together. Check our https://www.youtube.com/channel/UCkCZUIafAmqPX0ZnVO0DWdA Youtube channel You can see our plantation already Wow! Your plantation looks impressive. This is an impressive work Guys, just watch the videos if you have any doubts about the project. Yes, it's not quite customary for a blockchain, but it's very cool! I already saw. I think this is an excellent proof that the project is viable. Although it seems to me that it would be easier to collect money in a different way to developers We want to have a control in our hands for the plantation. If we bring some shareholders - it can affect our plan for development of the project. And with ICO, after we buy out tokens - we can move forward with our next project. |
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I did not understand a little, how is the latest version of the token different from the previous one?
new token made for transparent buy-back function some features from erc223 added Thanks for the info. Do you plan to grow other fruits or vegetables in the future? Maybe even cows / pigs / chickens, that is meat? This could also be beneficial for the Chinese market We dont plan for animals 100%. We plan to grow mango, avocado and coffee. But, after we make BananaCoin successful. |
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