https://galaxyfarm.pro/Mango Coin
A System for farmers, farmers markets and the agricultural community.
A key ProblemNot every one knows how to use the internet so we will create a coin and a physical prepaid card for the not so tech savvy.
Low wages are also a big problem in many countries. During the harvest, coffee pickers get paid for how much coffee they pick. Coffee pickers can make as little as 2-3 dollars per day in places such as Nicaragua (even though the minimum wage is, in theory, close to US$6).
Farmers in Mangolia are earning less than 2$ per day. While farmer workers in California earn about 75$ per day with little or no employee benefits.
50% of farmers markets that we have visited in California and Oregon are still mainly using cash.
Mango's prepaid card MangoCard will Distribute 0.10 cents per hour worked to farm workers, farmers, low income families averaging about an extra $4 a week. In developing countries this could be huge and can eliminate hunger and extreme poverty.
What is Mango CoinCurrently Mango coin is an ERC20 token used for the initial funding of the Mango Coin that can be used to trade for produce and fruits across farmers markets and online markets were Mango coins are accepted.
Mango Coin features MangoCards a prepaid card where holders gain weekly mango coins to purchase food.
Mango coins are always reusable. Mango used to purchase produce and foods goes back to farmers, employees and employees encouraging growth and health.
Initial campaign will be used to fund key catalyst for the wide reuse of the Mango Coin.
Currently backed by 2 farms in California and 1 small farm in Oregon.
with Farmers market booths through the Bay area.
What is MangoCard The new low income food card: MangoCard is a tangible QR readable and writable card, very much like fiat currency it can be used at select farmers markets and local shops. MangoCard holders will receive weekly dividends at an equivalent rate of $4 per week to promote farmers market, small business, P2P consumer sales. $24 a month will equate to 0.10 cents extra per hour worked in a 8 hour workday 5 days a week, this method is to encourage a frequent use of MangoCards.
MangoCards:1. Can be used to buy produce, fruits, dairy and meat products at select vendors
2. Unlike Mango Coins MangoCards will only be issued to farm workers and low income families working in select agricultural positions (farmers, farmers market vendors).
3. Monthly payments can not be rolled over for 30 days.
4. Maximum funds in MangoCard can only be 24$ to reduce fraud.
Mango HubsMango Hubs can be used to reload, and spend mango coins. Mango Hubs will be within farmers market booths similar to Square readers and P.O.S systems without the difficultly that elderly will be able to use with ease.
Mango ScalabilityMango seeks to be one of the most widely used digital currencies within the farmers market and agricultural communities. The Mango Team will communicate directly with Vendors, Farmers and Employees including local city counsels in Oregon and California where we see the highest amount of farmers market activity.
Mango security feature ~ MangoBlocks a deep hard wallet (CURRENTLY IN DEVELOPMENT) https://imgur.com/a/GuHBrtpMangoBlock(s) are stainless steel cases that encase a small tiny computer where you can preserve Bitcoin, Eth, Mango and other coins. MangoBlocks then will be stored underground below produce fields in selected farms to secure Mango holders assets. Barried 5 Feet underground to insure tractor tilling will not damage or disturb MangoBlock locations. MangoBlocks can then be connected to a network to extract funds similar to the nano ledger wallet. To keep data safe we will be using Bluetooth tech, you will need to be within 50 feet to access data.
Token Specs
Name: Mango
Type: ERC20
Token Symbol: (Mango)
Total Token Supply: Approx 200 Million
Tokens for sale: 10 million
Currency Accepted: Etheruem
Soft Cap: US 500.000 (500k)
Initial holdings: Approx 5% of maximum supply
ICO Fund Allocation: 50% initially for expansion of physical infrastructures (farmers market booth technology)
25% Advertising, farm vendors,farm owners
25% MangoCoin Features
Features: MangoBlocks, Mango Stable Coin, MangoCards
Official Twitter and telegram available.
*UPDATES*
MangoBlock bluetooth
