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Author Topic: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation  (Read 105018 times)
Alexander Bananacoin.io
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September 13, 2017, 05:45:45 PM
 #241

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 ICO stage will be prepared for the final version of the concept, full company documentation

Alexander Bananacoin.io
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September 13, 2017, 05:52:36 PM
 #242

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

Alexander Bananacoin.io
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September 13, 2017, 05:58:52 PM
 #243

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

Alexander Bananacoin.io
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September 13, 2017, 06:07:37 PM
 #244

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.

Alexander Bananacoin.io
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September 13, 2017, 06:28:31 PM
 #245

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)

Alexander Bananacoin.io
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September 13, 2017, 06:34:09 PM
 #246

Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

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.

Alexander Bananacoin.io
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September 13, 2017, 06:39:33 PM
 #247

Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

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)

Alexander Bananacoin.io
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September 13, 2017, 06:54:20 PM
 #248

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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September 13, 2017, 09:14:59 PM
 #249

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-investors
Alexander Bananacoin.io
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September 14, 2017, 05:27:10 AM
 #250

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-investors

Fortunately 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.

vit0z
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September 14, 2017, 02:31:03 PM
 #251

Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

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?
energico
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September 14, 2017, 03:21:17 PM
 #252

This project is good. anyone known how long we can harvert banana. 3 month? 6 month? or a year?
Alexander Bananacoin.io
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September 14, 2017, 03:54:27 PM
 #253

Bananas for a banana republic! Grin

Constantly scroll this joke in my head Grin

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.

Alexander Bananacoin.io
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September 14, 2017, 04:09:24 PM
 #254

This project is good. anyone known how long we can harvert banana. 3 month? 6 month? or a year?


sonawer
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September 14, 2017, 06:36:21 PM
 #255

Alexander Bananacoin.io
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September 14, 2017, 06:40:08 PM
 #256

This project is good. anyone known how long we can harvert banana. 3 month? 6 month? or a year?



In fact, is this an investment for a year?

The full cycle is completed in 18 months after the start of the project, but we are ready to begin to buy tokens from the first harvest.

Warrior B
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September 14, 2017, 09:36:48 PM
 #257



Haha, it's fun. It's even strange to see this in such a serious project
Forward_Thinking
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September 14, 2017, 10:27:58 PM
 #258

Using blockchain technology to for supply chain management is a very good use of this. I think we will see more of this in the future. I hope we do.
tarzanbigcity
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September 15, 2017, 12:22:19 AM
 #259

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)

Expansion of the farm - it's just fine! By the way, the cost of new sites is already embedded in the project?
tarzanbigcity
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September 15, 2017, 12:23:34 AM
 #260

I have a lot of questions. Why bananas? Do you have a lot of experience in growing bananas? Then why is your advisor an apple specialist?

These guys have not only experience, but also certain parts of the farm. They are experts. Just look at their channel. I was impressed)

Yes, it really is an impressive sight. A good example of correct preparation for the project
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