Potentially good project

[viktorniva]

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

Need to look deeper into this. Thanks for the input!

[1714946053]

1714946053

[1714946053]

1714946053

[1714946053]

1714946053

[1714946053]

1714946053

[viktorniva]

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.

Of course, I totally get that. I think, as for now, I am still far away from putting this project live.
However, I'd like to measure the readiness and support of the crowd for such a project. Traditionally, a investor could be found and things could get going - which also means that there are limits in what can be done initially, due to a strict budget for example. But having support from a whole community is very different, the more support the more options and flexibility. For example on some things we could even vote on what to do next etc. Of course this has to be more structured, but the options are more flexible, I think

[viktorniva]

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

Of course! Obviously I wouldn't be able to run everything on my own, even with all the know-how. A team is absolutely needed, a good team too.

Thanks 🙂

[marcous]

it seems like I've heard projects about infrastructure and agriculture before. But if seen from your idea, it's quite interesting and more specific. And of course, your target investor must be right to support the project. to fit the objectives in each phase and your mission.

[The Geoma DAO]

We have a project like this and maybe we can team up.)

[viktorniva]

We have a project like this and maybe we can team up.)

Cool. What's your project?

[The Geoma DAO]

https://www.thegeomadao.com
Would be nice to get in touch.

[viktorniva]

https://www.thegeomadao.com

I went through this site, and read the whitepaper. So, essentially I'd propose this as an idea, and then what happens? What would be the next step?

It's a bit unclear to me as how this would help my project idea. Can you elaborate, please?

[The Geoma DAO]

In order to be able to create investment opportunities ,you first must/ should create the Organisation which will do the investment.That means that we should bring likeminded people together and create a DAO.The power of a DAO consists in the autonomous governance.It is easier to decide together with other members through a proposal and voting process if a Project like Vertical Farming for example should be followed up and implemented.Normally Projects this huge are for oligarchs and banks.They take of course all the profits.A DAO can also implement such projects ,the difference is that the profits are shared among it's members.Secondly Projects can be implemented in different country's if it is the will of a DAO.So if you are a member of a DAO you propose a Project and if followed up you also have to do the implementation work.The DAO is the financier if you like, the implementor are you.The profits are shared.I can't reveal to you how this works technically and legally because i would give up to much.But in essence i think i answered your question.

[viktorniva]

In order to be able to create investment opportunities ,you first must/ should create the Organisation which will do the investment.That means that we should bring likeminded people together and create a DAO.The power of a DAO consists in the autonomous governance.It is easier to decide together with other members through a proposal and voting process if a Project like Vertical Farming for example should be followed up and implemented.Normally Projects this huge are for oligarchs and banks.They take of course all the profits.A DAO can also implement such projects ,the difference is that the profits are shared among it's members.Secondly Projects can be implemented in different country's if it is the will of a DAO.So if you are a member of a DAO you propose a Project and if followed up you also have to do the implementation work.The DAO is the financier if you like, the implementor are you.The profits are shared.I can't reveal to you how this works technically and legally because i would give up to much.But in essence i think i answered your question.

Alrigh, thanks for explaining. Not sure we are there yet.

[The Geoma DAO]

You are most welcome.
And of course we are not there yet.But some of us have to lay the bricks.

[robelneo]

Interesting an idea but you must first disclose your location and your country's regulation rules about investing in Cryptocurrency is your country open to doing these things by one of their citizens, it should be regulated by your government because it has a potential to attract overseas investors, creating a whitepaper that will detail everything will be a good thing here.

[viktorniva]

Interesting an idea ...

Thanks mate 😊

...but you must first disclose your location and your country's regulation rules about investing in Cryptocurrency is your country open to doing these things by one of their citizens...

Totally agree, but it's too early atm. Still researching locations, local labor, maintenance costs, etc. But it should be definitely in Europe.

...it should be regulated by your government because it has a potential to attract overseas investors, creating a whitepaper that will detail everything will be a good thing here.

Whitepaper is a must, I completely agree here too. Of course people need more information, and more specifics.
However, I am pleased with the feedback so far. No flood with negative comments yet, but honest and constructive critique. Helps me identify some issues which I wasn't even aware of.

That being said, has anyone a rough idea on what marketing costs would pile up to? The experts and "gurus" we've talked to so far gave very vague ranges, from 100k-200k + shares/% - which to me is insane, honestly.

[workers]

Maybe you find this intersting......

Seller`s account > take litecoin online

purchasesharesonline.com : purchasesharesonline.com is a full node client, which means that it also loads the entire blockchain, which is the total record of every transaction ever made in Bitcoin, onto your computer. In addition to the purchase and sale of Bitcoin via credit cards and bank accounts, purchasesharesonline.com also offers a dealer service.Once you accept payments in Bitcoin, you can transfer them to your bank account or keep them in your wallet.

http://purchasesharesonline.com/merchant_button

I do not know if I do this well, if I did they actually pay me to post this.
This site you can use as a merchant, sell shares, you can also buy shares from a lot of projects, members vote for your project and when you get enough votes you are in the shares are all different pricesand start from 3$ and up. This company exist already 6 years. Maybe something for you.

[smyslov]

I think you should first do it locally I mean in your neighborhood first, invite your friends and your neighbor to invest in your venture, if it is successful, then register your business, by getting a business, where you can do it locally and internationally, you should first do it legally so will not encounter any issue along the way.

[viktorniva]

I think you should first do it locally I mean in your neighborhood first, invite your friends and your neighbor to invest in your venture, if it is successful, then register your business, by getting a business, where you can do it locally and internationally, you should first do it legally so will not encounter any issue along the way.

I did actually. Made a test run last year on a farm we took over. I don't own it, just to be clear. The owner himself wasn't able to keep up with the work anymore due to older age. He tried to rent it out at first, but my friends an I, being the nice guys we are (just kidding  ), offered to help in exchange for him to show us how it all works. Long story short, I had no idea that there was so much work, we ended up "hiring" another guy who had more experience (paid him for the work he did). Towards the end he was less and less needed, so we actually made some progress.

There were quite a few issues though:
1. Rented machinery service - none of us could properly drive a tractor and its equipment
2. Too small to hire people full-time, too big for inexperienced guys
3. Profit was much lower than average, even for us (~1.6x of investments, compared to average 2.3-2.5x)

Overall I quite liked it, would like to do more. Being outside worked well for me

So, I am looking into renting out much more land and hiring people. This is easier said than done, thus all the research and questions.
We have offers to cooperate, basically start a business where the initial investments would be taken care of, but the % asked is way too high in my opinion, considering the fact that all the work would be done by us. In short, we'd be almost only employed there. I'd rather find an alternative. I have no problem with sharing the profit, but would like to co-own some part too. Need to get a bit creative here, as usually investors/vc want huge % since it's in such an early stage.