[ANN][Bounty&partnership] FoodCoin (FdC) - currency for business and social

[Iolanta]

Time To Make A Choice: How Customers Choose Products

Do you always read the information about the ingredients on the product packages? Which criteria do you follow when you buy food? Strict statistics gives the answer. The experts have surveyed the natural food demand among different generations. The results show that conventional supermarket food sales are decreasing while the products claimed as natural, clean and free from artificial admixtures are the more successful.

These trends are becoming more mainstream: results of the survey show that 93% of US families prefer buying eco-labelled products in supermarkets, 70% - in big marts, and 33% in wholesale stores. 50% of the shopping trips include purchasing natural products. Don't let the common numbers confuse you: not all families always visit the same shopping places.

Consumers born after 1965 prefer buying products labeled as ‘Organic’, ‘Non-GMO’ and ‘Free from added hormones’. On the other hand, older generation consumers pay less attention to such labels.

Consumers are more and more keen in the eco-production concept. As a consequence, the food producers seek to exclude artificial sweeteners, colorants and flavoring agents, and especially such products as high-fructose corn syrup, gluten and trans fats.

Kraft Heinz reconsidered the recipe of their famous Oscar Meyer hot dogs, adding only clean products in it. Two years before, Campbell Soup also claimed to exclude almost all artificial colorants and flavor agents from the products manufactured for US until the end of 2018, and launched a new line of goods made of simple ingredients to satisfy the demand for healthy food. Hershey, General Mills and many other manufacturers have made similar changes.

According the survey of Innova, 75% of consumers always read the ingredients section on the product packages, 91% prefer products that contain well-known healthy ingredients.

In such a way, the food industry has a clear economic motivation to move towards the clean production, as the surveys show that most consumers prefer paying extra 10% for the food that contain ingredients they trust in. 18% of the consumers say that they would pay extra 75% for products they prefer.

Aside from the ingredients, the consumers also consider the nutritional information as an important aspect of choice. However, the price is still the most important factor.
Despite of the fact that general consumer prefers eco-labelled foods and drinks, there are still variations by age, income and personal choice.
Nielsen analyzed the proportion of eco-products and drinks versus the regular ones. Eco-labels are leading in several categories such as: beans (51% vs. 49%), baked goods (57% vs. 43%), vinegars (81% vs. 19%), sugar and sweeteners (83% vs. 17%) and dairy (90% vs. 10%), according to Food Business News.

A typical eco-labelled production fan can be drawn as a young customer who occasionally cooks at home, loves dairy and has a sweet tooth. However, as it always is, the survey shows the complex consumer demography which food producers should consider, as well as their awareness on choosing the products.

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[vince-zheng]

I wonder what the actual significance of such a project is.Maybe it's just for ICO and ICO.

[Iolanta]

I wonder what the actual significance of such a project is.Maybe it's just for ICO and ICO.

We're updating our whitepaper. The best answer is to read it when it will be ready.
Follow us and you will see.

[Iolanta]

Recent news about the project.
Until the end of today, we are going to make an update on the website so you can add the address of your ETH wallet. In a couple of days, when most of our members add their addresses, we will load them all into the contract.
After that, you will be able to check your balance. As it was announced in August and in our Whitepaper, the tokens will be released after the TGE in November.
Our WP is now being updated for several reasons: decision of SEC, decision of the Central Bank of China, and the document published by Vitalik Buterin about new crowdfunding protocol (https://people.cs.uchicago.edu/~teutsch/papers/ico.pdf).
We are doing our best to keep pace with the changes and be able to start the TGE in November. We are carrying out a deep legal audit with the major experts so American and Chinese citizens could participate in the November TGE, and implement new ideas of Vitalik Buterin. We hope you understand how fast are the changes, and how large is their scale. We appreciate your support and patience.

[Iolanta]

Season Sale: Why Farmers Prefer to Sale on 1000EcoFarms

Who is a farmer? A person whose main task and mission is to grow delicious and quality vegetables and fruits. In fact, a farmer should deal with many more things. In order to sell the products at a profit, a farmer has to do a hard work, and making a sale on time often require even more effort than planting, growing and harvesting the crop together.

Why is it so hard to market the crop, even though it is the most qualified and certified? Paradoxically, most of the producers have no direct access to the retail market and supermarkets. Large retail chains work mainly with large producers, which have their own resources for proper storage and transport of the grown products. Supermarkets would prefer to procure products of large agricultural holdings and corporations, which package the products in a good-looking wrapping and these products can be stored for a long time, even though they use chemical fertilizers, preserving agents and GMO-seeds.

In order to market their products, small farmers have to be content with the service of middlemen who purchase their products at deliberately knock-down prices in order to sell it at farmers' and wholesale markets with a 2-3 fold increase. The producers themselves rarely can afford hiring carriers, sellers or renting storage facilities for independent product sale. In this case, there is not much benefit to expect.

As a result, the losses of harvest until spring reach 30-40% and more. To reduce losses, small farmers join cooperatives that also has many problems in organization and management.

The internet gives good opportunity to find customers: many successful farmers have their own online product shops with the option of delivery. However, not all manufacturers have time or possibility to apply to the web-designers and developers, or contract logistic companies and banks. The best solution is to sign up a unique platform of 1000Ecofarms where you can create your own shop freely. A little later, after the implementation of blockchain tool of FoodCoin Ecosystem together with all instruments and smart contract library, product marketing will be even simpler.

On the other hand, a particular online farmer shop rarely has a variety of products, which you can find on 1000Ecofarms, so there are certainly more buyers.

More than 4000 users around the world have already been registered in 1000Ecofarms. Check out if you are among them too! 1000Ecofarms is the first, self-consistent and independent project, but yet not the only one.

[Iolanta]

VIEWING FOODCOINS IN YOUR WALLET...
HOW TO ADD FOODCOIN TOKENS TO YOUR WALLET?
Please, check out this link: https://www.foodcoin.io/contract-help

[Iolanta]

Today, October 17, Gregory Arzumanian, co-founder of FoodCoin Ecosystem, participated in Amsterdam Blockchain Summit. He delivered a speech about the FoodCoin Ecosystem Project, its principles and structure, goals and best means of achieving them. The audience got interested and we've got feedback from our potential investors.

By participating in this conference, we achieved new members, which also include scientists and specialists in cryptocurrency, blockchain and fintech.
Similar conference (Coinagenda) will take place in October 24-26 in Las Vegas.
We would like to thank all our organizators for this great event!

[Iolanta]

We have made the first cartoon about FoodCoin to make the project idea more understandable. Watch, like and share!

https://youtu.be/ynitEUOPUuw

[Iolanta]

FoodCoin will participate as a Golden Sponsor of the annual event COINAGENDA GLOBAL Bitcoin & Digital Currency Investors Conference.
October 24-26, 2017 Las Vegas, Nevada
https://coinagenda.com
In addition, FoodCoin became the Golden Sponsor of the legendary dinner in the restaurant Bazaar Meat of the famous masterchef José Andrés.
Share our news, and we hope to see you on this event!

[Iolanta]

Dear members!
Our partner program is still active.
Please, help us to spread the information about us and you will get a reward.
More information: https://www.foodcoin.io/bounty

[Iolanta]

First day of the CoinAgenda conference. Great to meet so many fellow innovators in blockchain space and share our vision of fair food.

After a full day of meetings with potential investors and partners, FoodCoin Ecosystem team at the CoinAgenda grand opening party.

[Iolanta]

We have launched Japanese version of the site. We invite our Japanese members to evaluate the quality of the translation: https://www.foodcoin.io/ja

[Iolanta]

CoinTelegraph published an article about blockchain and agriculture. Of course, FoodCoin Ecosystem plays a role: https://cointelegraph.com/news/growing-the-garden-how-to-use-blockchain-in-agriculture

[Iolanta]

We have released an updated version of the Smart Contract!
We needed this because the previous version was not convenient enough to work with the number of requests we faced.
Many members of the community specify or change the addresses to assign tokens just after filling the contract, which constantly required making changes.
Now, with the new contract we can react to the requests of our clients quickly and efficiently.

Two new features were also added to the contract:
1) Variable description which stores important information about contract which can always be checked out.
2) Function balancesAddressDescriptionUpdate() which allows every account owner to specify any information about him or her. This information can be seen in the variable balancesAddressDescription (address is used as a parameter)

We remind that after launching our own cryptocurrency, we plan to allow account owners to specify text descriptions which will be shown automatically in the users’ accounts.

[Iolanta]

5 technological innovations that are revolutionizing Indian agriculture

Farming is essential for life maintenance, but nobody thinks that agriculture is a reason for modern technologies to develop. Agriculture seems to be a traditional sphere, but today we can say proudly that the future is in the farming.

Farming in India demonstrates perfect examples of technological innovations. In this text we are going to show 5 of them.

Skymet is the largest company in India dedicated to forecasting the weather and providing tools for risk management. Their website allows to check weather conditions in specific villages and help farmers to prepare for bad weather conditions such as excessive rains, and thus to reduce losses.

Ekgaon is an IT network integrator that provides services to aid farmers such as financial, agricultural and civil assistance.

- Financial help is provided by a mobile app that helps to find financial organizations which deliver services such as credit, insurance, investment and savings.

- Web technology and interactive voice responsive system offers help in finding information about weather, market prices and goods, soil nutrition and crop management.

- Through web and mobile applications, the citizens can use government programs and services.

Aquaculture lacks of good technologies for measuring and controlling the water conditions. The technologies of Eruvaka help to implement technologies in aquaculture to measure and control water conditions. Eruvaka organization developed solar powered buoys that measure water parameters (oxygen level, temprature, pH) that are crucial for the health of fishes and shrimps. The measureв data is then uploaded to the cloud platform and delivered to the customers via app, SMS, voice call or internet.

BIOSAT is a soil addition based on biochar which increases soil fertility, reduces carbon emission and strengthen the topsoil, thus reducing the need to use of chemical fertilizers.

Barrix Ago Sciences, a startup based in Bangalore, has developed technologies that help to fight pests without using chemical pesticides.

Barrix Catch Fruit and Fly Lure traps use pheromones to attract pests to the trap.

Recyclable fly pest sticky sheets also helps to attract 19 types of pests from a long distance.

The last innovation that is now gaining traction in India – and we are sure you have heard of it – is 1000Ecofarms platform which unites farmers, food produces and customers within a marketplace. It helps to save money and tailor marketing and sales. 1000Ecofarms is currently going through updates, and developing into a blockchain ecosystem with its own payment and marketing instruments, useful for every farmer.

If you still haven’t registered in this project, you can use our site for that and join our communities in social networks.

[Iolanta]

We have launched a Chinese version of the site. We invite you to evaluate the quality of the translation: https://t.co/OHJ31pR2KS

[mrboomer1]

hm, interesting. in what countries will u work?

[Iolanta]

hm, interesting. in what countries will u work?

We plan to launch our activity in the most countries, and 1000Ecofarms - our base, but self-consistant project is working in USA, Canada, Mexico, Great Britain, Costa Rica, Malawi, Nigeria, Ukraine, Belarus, India, Australia, and others.

[Iolanta]

Healthy Trends: Demand Trends of the Organic Products

The world is constantly changing. Those things which used to seem a keenness of a small group of people, today have all the chances to become a worldwide trend.
Fortunately, it is not about unhealthy diet obsessions or pursuing blindly the fashion, and we take incredible delight to see trends which positively influence to our health and life. The most significant one is the worldwide expansion of the organic production, which is very noticeable recently.
Poor quality products may cause more than two hundred diseases, from the digestive system failure to oncology. According to the assessment of the World Health Organization, 600 million of people become ill due to bad quality of food every year.
The organic food is produced without food additives, colorants, GMO, synthetic agricultural chemicals, growth hormones, or antibiotics. Organic agriculture is the most proven and reliable way to get healthy and delicious products without any environmental damage. The organic farmers treat the environment, animals, and the most important – the health of those who consume their products, most responsibly.
The demand on the organic products is not going to decline. USA Today reported in July that the sales of the organic food products increased by 8.4% compared with the previous year, hitting the record level of $43 billion in 2016. According to the recent TechSci Research estimates, it is anticipated that the global organic food market will increase with the rate of 14% or more between 2016 and 2021. The recent survey of OTA confirms this opinion because the organic sector demonstrated rising trend again.
It was noted during the September survey of Organic Trade Association that the millennials are the most common buyers of the organic food. This fact also proves the stability of the trend: The estimates say that 80% of those who belong to this group are going to have children in the next 15 years.
However, despite of the stable growth of the organic food consumption and production rates, not all types of products can fit the existing logistics and retail system successfully: The products without conservants get spoiled faster, and cannot travel across long distances. The main ways for them to reach the customers are the specialized shops and direct sales. FoodCoin Ecosystem offers the most convenient, safe and inexpensive way to buy natural products – directly from the seller. As the organic products consumption grows, our audience which prefer the healthy food and beneficial FoodCoin Ecosystem, also does it.

[Iolanta]

Why TGE is delayed

Dear members,
The last few days we've been receiving concerns about delays of the TGE.
The requirements for TGE are more and more strict. We have to comply with these requirements to avoid risks related to the regulators. We plan to do it during the next 3-4 weeks. Until this time FoodCoin will be ready to carry out the TGE as a Swiss company, according to the Swiss legislation. We plan to add the availability to accept fiat to purchase our coins. Please note that you will need to go through a standard KYC/AML process in order to buy tokens. KYC/AML is a standard identification procedure to verify that the client is not related to money laundering or financing terrorist organizations.
Another thing is unfortunately that the US citizens will be excluded from participating in the TGE. However,  you will still be able to use your tokens for purchases and exchange right after the TGE.
The detaled information about TGE dates and conditions will be provided this week.
(KYC - Know Your Client
AML - Anti Money Laundering)