[ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation

[Alexander Bananacoin.io]

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.

[Alexander Bananacoin.io]

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.

[Alexander Bananacoin.io]

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/videos

We dont really have a pests there, but for them we use tobacco or natural soap, this helps to avoid them.

[Alexander Bananacoin.io]

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

[Alexander Bananacoin.io]

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.

[Alexander Bananacoin.io]

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/

[Alexander Bananacoin.io]

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.

[Alexander Bananacoin.io]

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My : TbgAiXPrABvBiaEU2Mk1Mw8bxCpp1z4VEo

https://bitcointalk.org/index.php?topic=2164386

this is Bounty thread

[Alexander Bananacoin.io]

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!

[NightDream]

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/videos

We dont really have a pests there, but for them we use tobacco or natural soap, this helps to avoid them.

That is, the possibility of damage to the crop is minimal?

It seems to me that this is so. Unless something very unusual happens

[NightDream]

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?

[turbulence]

had to laugh when i saw ad for this  revolutionizing bananas on the blockchain!

[Fara Chan]

a concept that has never been thought before 
will this project be successful with a very different concept like this
I think there will be many people who are interested here, especially those who really like banana 

[vit0z]

Bananas for China. Considering that the Chinese government banned ICOs. They might not feel to happy with a Crypto that depends on the Chinese fruit market to make money. Looks interesting nonetheless.

The developers are going to supply bananas to China, not crypto currency. Can the Chinese government prohibit the supply of bananas grown with the help of ICO?

Ya. China ban ICO not ban banana. And  they buy banana a lot. Just check some financial data. I think this is a good project

I'm not an expert in agriculture, but I can assume that any food supplies to China can not be unprofitable. Still, this is the country with the largest population, and the population needs to eat.

True words! Small village in China is like a Moscow in Russia for population)

I think the same!) I think the project is very promising, I think that the other day I will invest in it.

I really liked that you have plans to expand and grow other fruits. Japan is really good, but will there be others? Say, if you grow apples, will there be supplies to Europe?

Right now, we dont have those plans. China is so close, so we dont actually need any other countries to work for.

Okay, for me the Chinese market is quite enough. Count me in!

[rlm42]

Bananas for China. Considering that the Chinese government banned ICOs. They might not feel to happy with a Crypto that depends on the Chinese fruit market to make money. Looks interesting nonetheless.

The developers are going to supply bananas to China, not crypto currency. Can the Chinese government prohibit the supply of bananas grown with the help of ICO?

no way they can ban it

they got great negotiations with Laos

China invest a lot into Lao economy

Really? It's soothing. It turns out that the Chinese themselves are investing in the economy of Laos, so it is not profitable for them to block the supply of Laotian goods?

Yes, it is. They dont have any interest to ban Laos.

This is good news. In this case, there is more trust in the project

[rlm42]

And yet, why not try crowdfunding? Still, this is quite unusual for ICO

[rlm42]

And yet, why not try crowdfunding? Still, this is quite unusual for ICO

I dont know, because of popularity? This is an unusual sphere of application, I dont argue, because the ICO campaigns are held for something high-tech. But nevertheless this project seems interesting to me even with such a simple idea

I would like to listen to the opinion of developers on this matter. I understand their fears about project control, and yet crowdfunding here could work. Maybe I'm just too suspicious

[TopGun]

By the way, you have already translated white paper? I have a couple of familiar translators in Chinese

[tarzanbigcity]

By the way, you have already translated white paper? I have a couple of familiar translators in Chinese

I think you're a little late with this proposal, pre-ICO ends in a week

[tarzanbigcity]

Do you have a signature campaign? I probably missed it