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Author Topic: Potentially good project  (Read 574 times)
viktorniva (OP)
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December 24, 2019, 11:39:58 AM
 #1

I would like to create a small platform for farming financing/investment in farms.

Context:
Lately I've discovered a new passion of mine, growing vegetables indoors and outdoors. I am a developer, so normally I would not spend much time outside. But once I got hooked to planting stuff, I've discovered that it is fun, and I'd like to do more of this

Idea:
My idea is to start building greenhouses to grow vegetables all year round. Normally, we'd take a loan or find investors to finance the costy setup, then share the profit.
But I was thinking whether this could work as a blockchain project? So instead of having one bigger investor, how about opend it up for everyone to have their share?

Project:
The project would have three major phases:
1. Preparation work - platform for managing users/token holders and planted areas.
2. Build up infrastructure - greenhouse, irrigation system etc
3. Planting and growing veggies

Shares
I was thinking that if this project was financed by the "crowd", each backer of the project would hold some shares (maybe tokens?).  So the profit share that would go to investors would be distributed to all shareholders - like in a normal company.


So, what do you guys think about this? Any suggestions or ideas? Would you be interested in this? Anyone of you eager to collaborate?

Thanks for reading, and feel free to comment, all comments are appreciated!
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December 24, 2019, 11:56:17 AM
 #2

Your idea sounds very nice and easy when seen by a developer. In reality, everything is much different.
Do you have any experience with Planting and growing veggies? do you know where you will distribute the finished product?

My suggestion to you is to research more about agriculture and obligation there. especially if you're going to have it a whole year. IDK from where you are, also you can investigate in your country, it is possible that there are subsidies because agricultural production can be more expensive than the final product.

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December 24, 2019, 02:51:08 PM
 #3

Shares
I was thinking that if this project was financed by the "crowd", each backer of the project would hold some shares (maybe tokens?).  So the profit share that would go to investors would be distributed to all shareholders - like in a normal company.

people are confusing smart contracts with fund raising techniques. i am not blaming you, it is how the smart contract platforms such as ethereum have been designed and their survival depends on these pump and dumps.

if you think about it, your business has nothing to do with a "token". how would you distribute any kind of profit to shareholders when the token is being pumped and dumped in a manipulated altcoin market easily by the pumpers? YOU don't control the price!

There is a FOMO brewing...
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December 24, 2019, 03:44:42 PM
 #4

You can also create an ecosystem that can check in real time the development of plants and let the investors know how it is going the investment they have done if you're looking for that.
i like the idea., i am looking for years to start something at the country side mostly in agriculture

She's crazy like a fool.
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December 25, 2019, 04:28:56 PM
 #5

Do you have any experience with Planting and growing veggies? do you know where you will distribute the finished product?

Yes, I actually do. Last year I've adopted a small farming business of 5 ha, that was about to close. The people working there stayed, and it's going well now, it is recovering pretty well. To motivate the people I've joined then sometimes, this is where I discovered that I actually like it Smiley
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December 25, 2019, 04:41:05 PM
 #6

You can also create an ecosystem that can check in real time the development of plants and let the investors know how it is going the investment they have done if you're looking for that.
i like the idea., i am looking for years to start something at the country side mostly in agriculture

That is a very good idea, thanks for the input.
This would be in the platform, where you can see what you invested on, and also the progress. I like that!
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December 25, 2019, 11:11:48 PM
 #7

farming is not like that. You need to have a deep experience that you can use IT to automate stuff. Nevertheless, this sound to be a good idea.

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December 26, 2019, 04:48:23 AM
 #8

At first where are you from? Where do you plan to run that business? Where do you plan to export that? Or you only include local area? The reason why I ask this is that for example Turkey is a great country for such business, workers are very cheap, area is cheap too and in overall Turkey exports fruits and vegetables in a lot of countries.
Well, this is the most serious thing to discuss in this business and we can't just decide everything with one proposal but I have one question, why did you use word blockchain there? Don't include this word in every subject to make things look innovative, no, there is no need of blockchain in your idea right now and it does nothing beneficial too for this.

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viktorniva (OP)
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December 26, 2019, 02:54:48 PM
 #9

... but I have one question, why did you use word blockchain there? Don't include this word in every subject to make things look innovative, no, there is no need of blockchain in your idea right now and it does nothing beneficial too for this.

You don't need blockchain to transfer funds for example, yet we have this beautiful thing called Bitcoin 🤣

Anyways, I am not here to argue, rather to gather some valuable feedback on how I could improve my idea.

Essentially, the blockchain would serve so that everyone can verify that the assests are actually yours. Then, maybe through smart contracts or similar, we could come up with a way to distribute profit to everyone involved. Now, I have to admit at this point that I have to figure out yet what the best way would be to distribute the shares and the profit to all share holders, so that is not defined yet.

And of course, we can't this here in Germany, would be to costly to produce something - as I am experiencing ot first hand. The perfect location for such a project is under research. I am sure you agree that such a thing needs to be researched and evaluated properly. And by properly I mean by an expert, not some developer like me.

That being said, I hope you understand that this is not a call for investment yet, more a research of the potential to this idea. Myself, I think it's worth giving a shot. However, I also understand that there are uncertainties here, and obstacles which I don't even know about yet. So I appreciate all comments, good or bad.

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December 26, 2019, 03:06:55 PM
Last edit: December 26, 2019, 04:32:21 PM by target
 #10


Projects like this only works if the team is honest but in reality we have no way of knowing that. Don't take it hard but its the truth.

Having a farm means its going to be a centralized project and when something happen to the farm everything gone back to zero, this farm is no way near to safety when it comes weather unlike having a POW coin. But check out the ZRcoin project. Its one example that project like yours can somehow be successful.

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December 27, 2019, 01:26:58 AM
 #11

I would like to create a small platform for farming financing/investment in farms.

Context:
Lately I've discovered a new passion of mine, growing vegetables indoors and outdoors. I am a developer, so normally I would not spend much time outside. But once I got hooked to planting stuff, I've discovered that it is fun, and I'd like to do more of this

Idea:
My idea is to start building greenhouses to grow vegetables all year round. Normally, we'd take a loan or find investors to finance the costy setup, then share the profit.
But I was thinking whether this could work as a blockchain project? So instead of having one bigger investor, how about opend it up for everyone to have their share?

Project:
The project would have three major phases:
1. Preparation work - platform for managing users/token holders and planted areas.
2. Build up infrastructure - greenhouse, irrigation system etc
3. Planting and growing veggies

Shares
I was thinking that if this project was financed by the "crowd", each backer of the project would hold some shares (maybe tokens?).  So the profit share that would go to investors would be distributed to all shareholders - like in a normal company.


So, what do you guys think about this? Any suggestions or ideas? Would you be interested in this? Anyone of you eager to collaborate?

Thanks for reading, and feel free to comment, all comments are appreciated!


Check out if your country allows such investment and how you can be transparent on this, I have stumble a plan like this not so long ago, the plan is very similar but I don't why it did not push through, you should first try this in your country, where people can visit your farm and see it's potential before going international.

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December 27, 2019, 07:42:19 AM
 #12

You don't need blockchain to transfer funds for example, yet we have this beautiful thing called Bitcoin 🤣

Actually, you DO need blockchain to transfer funds on a decentralized network.  

That means not just one person/system, just like your idea.  Why would you leave that part out and then laugh?  Huh

Anyways, I am not here to argue, rather to gather some valuable feedback on how I could improve my idea.

OK, what is the name and website of the farm you managed, Viktor?   Show us you are legit.


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December 27, 2019, 09:40:19 AM
 #13

Similar idea of this thread but they use pigs here check it guys https://bitcointalk.org/index.php?topic=1441952.0 and I will step out on this kind of investment schemes since it's so shady and newbie should investigate more before going thru.

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December 27, 2019, 10:16:52 AM
 #14

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December 27, 2019, 12:59:29 PM
 #15

A good business plan should pave the way for your idea.
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December 29, 2019, 11:18:29 PM
 #16

Similar idea of this thread but they use pigs here check it guys https://bitcointalk.org/index.php?topic=1441952.0 and I will step out on this kind of investment schemes since it's so shady and newbie should investigate more before going thru.

Anyone invested in this? How did it go? Any results published anywhere?
I am interestend in seeing how the profit was distributed to the investors, maybe I could learn a thing or two from here.
Thanks @Taskford
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December 30, 2019, 05:00:49 AM
 #17

Anyone invested in this? How did it go? Any results published anywhere?
I am interestend in seeing how the profit was distributed to the investors, maybe I could learn a thing or two from here.

Looks like it's dead. The OP went offline in 2017.

You can probably do profit distribution via blockchain with tokenized shares. Like stakes in a bounty program.

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January 02, 2020, 04:29:17 PM
 #18

What a great I dear you have got here.
But I really want you to take one thing into serious consideration.
Your time and dedication is of Paramount important when it comes to agriculture.
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January 02, 2020, 06:06:59 PM
 #19

I've seen thiese “online farm” type of investment/schemes in a lot of times now the thing is there is really no farm backing up the investment there are no crops being grown no animals being raised all what is happening is the money of investors are being recirculated to pay them back. So really my main concerm about these types of oine investments is about transparency. You need to have proof that you do have a farm, you do have livestocks, and you are operating legally because without that you'll just be loke one of those HYIP sites scamming people.

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January 02, 2020, 11:56:13 PM
 #20

Things are actually different when you look at it deeply. You need to get the know-how knowledge as a developer having a big dream in the Agricultural area. It might not be that straightforward as you think when you begin the journey. Better still look for an experienced partner for collaboration for appropriate guidance. Best of luck

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