Help in getting funding

[Portuno]

I´m an argentinian lawyer who has been working in a long term BTC investment in coins. You basically send bitcoins that will be invested in livestock, creating a crowdfarming system where you don´t own a cow, just the equivalent of it. And by getting that money, the people can work the animal (getting milk, for example), insted of sending them to the slaughterhouse before finalizing its cycle. I have all this thinked, and i have been a lurker of this forum from a few months already and been working on this as a side-project, and even if the quarantine has help me to get more time in this, the truth is that the need of change cannot wait for me to learn everything to get a livestock-crypto market running by my own. so i´m in need of asking for crypto funding.


I´m by no means asking for donations, i´m just... i don`t know, looking for any advice or tip in general, thanks!

[actmyname]

Why not market this first in fiat, where you can probably contact people directly and secure more funding? Even though it is easier in mechanics to send Bitcoin across the world, not all investors hold BTC and for those that don't, you can get a hold of capital that way. I don't see why you wouldn't first establish a foundation for more reliability and trust, and then shift towards a crypto-operated system. I'm sure there would be some Argentinian investors available, right?

[Portuno]

The crisis is getting harder, I have a good job and started this as a side project one year and a half ago, there is no much money here and the big landowners (who have been the same last names for  the last 3 centuries) aren't willing to invest in technology.


We have been having the longest quarantine in the world and the police have already killed people, I started with the idea of a legal escrow, but between the taxes, the corruption and the bureaucracy it becomes impossible.

This country need international investment well administrated, I'm planning on making a site, diagrams, a public book and be the Nexus between investors and all the parts in the process, and I was learning everything on my own but.. times are really hard here, people need to work and the government is having us captives.

[actmyname]

The crisis is getting harder, I have a good job and started this as a side project one year and a half ago, there is no much money here and the big landowners (who have been the same last names for  the last 3 centuries) aren't willing to invest in technology.

We have been having the longest quarantine in the world and the police have already killed people, I started with the idea of a legal escrow, but between the taxes, the corruption and the bureaucracy it becomes impossible.

Understood: political and cultural environments differ between countries, so now the situation is more clear.

This country need international investment well administrated, I'm planning on making a site, diagrams, a public book and be the Nexus between investors and all the parts in the process, and I was learning everything on my own but.. times are really hard here, people need to work and the government is having us captives.

It would be good to create a thread in the Project Development board (https://bitcointalk.org/index.php?board=12.0) where you can explain this idea in more detail. I think it's an interesting initiative and could definite attract some intrigue on the global scale if you were to draw it out and elaborate on the specific design.

[knightkon]

The crisis is getting harder, I have a good job and started this as a side project one year and a half ago, there is no much money here and the big landowners (who have been the same last names for  the last 3 centuries) aren't willing to invest in technology.


We have been having the longest quarantine in the world and the police have already killed people, I started with the idea of a legal escrow, but between the taxes, the corruption and the bureaucracy it becomes impossible.

This country need international investment well administrated, I'm planning on making a site, diagrams, a public book and be the Nexus between investors and all the parts in the process, and I was learning everything on my own but.. times are really hard here, people need to work and the government is having us captives.

Forgive me, it has been a while since I have been on here, but I am always looking for investments. However, in this case, I am not sure what you are looking for. Are you looking for answers on how to get this started or are you looking for investors.  Also what exactly are you trying to grow. From the way I see it, you are looking to find a way to get investors who will invest in farming in your area of the world.  Please give us some more information so someone who deals with investments can give you more information to help.

[Portuno]

Thanks for the link, i would look into that.

And i´m looking for investors who pay in BTC, and in exchange would recieve x amount of livestock as a future contract. The cryptos would be converted to local currency and believe me, that would be a lot. Giving you an example

according all to google (prices may and will vary in argentine)

1 btc = 9,260.50 US dls
1 US dls = 70 argentine pesos (+30% taxes for buying foreing currency) + we are only allowed to buy a maximum of 200 american dollars per month (there are lot of foreing currency black and parallel market).

Our basic income is 16.875 pesos, i have a full time job as a lawyer + some gigs and my anual salary here is something like.. 9000uds, i live really good in here with this, but i don´t want to be a public employee the rest of my life and thats the only way in here unless you born rich or evade money, i have seen lot of friends closing their business this last two weeks, things are getting nasty in here

[smyslov]

Since you are a lawyer things will be easy when it comes to legality, do a feasibility study first and create a team or partner with developers  that can materialize this project, you can work on the legality side and your partners in launching the platform, so many projects now do nothave legality and did not go through study that is why they ended in failure.

[Assface16678]

Today it is quite hard to the people to make an investment in bitcoin because we are still facing an economic crisis and one of their goals is to survive on this pandemic outbreak one of the best solutions is making the focus on fiat currency and does not take for the cryptocurrency if you really need to make more money why not make an investment with the use of the business and another kind of investment hay possible you earn.

The market price of the bitcoin is volatile and we cannot assure all the time we can make a huge market money one of the best things is to make sure our earning and future.

You are a lawyer so there is a chance that you can handle all the rules on terms to make more money so you can make an investment with the use of the bitcoin you have still you need to focus on the integrity and if the projects you make an investment is legit or not so you can aware about the possible things may happen.

[DdmrDdmr]

I don’t fully understand the feasibility of the business model here, nor the country of origin of the investors you want to attract. If there is a core of local argentine investors you want to attract, things look like they are about to get tighter there when performing transactions in Bitcoin (https://es.beincrypto.com/argentina-obligara-exchange-mandar-datos-transacciones-criptomonedas/), as likely many BTC tenants do not really want the UIF to track their movements.

[Subbir]

Investment plays a really important role in raising funds for business transactions A long-term investment is best within the case of crypto work But there's no idea the way to raise funds for the conversion of animal resources. I even have never made this type of investment you'll prefer to invest in Bitcoin also as develop yourself it'll not only assist you to economize but also assist you to boost capital.

[stompix]

I´m an argentinian lawyer who has been working in a long term BTC investment in coins. You basically send bitcoins that will be invested in livestock, creating a crowdfarming system where you don´t own a cow, just the equivalent of it.And by getting that money, the people can work the animal (getting milk, for example), insted of sending them to the slaughterhouse before finalizing its cycle

So, basically you're searching for investors in a farming business.
I am a bit skeptical about your plan since you mentioned the second part and the cycle part.
You can't simply milk every cow out there and at the same time get the best meat, you need to balance this, you want to have pure beef cattle, you want a mixed-race or you want to stick to milk production and slaughtering them only when the feed is not worth the milk produced?

Farming is a tough business, my family deals with pig meat, the margins are horrendous, you need to keep the pace all the time with suppliers and clients, sometimes you must expand just to not lose money long term when you look at the returns per 1$ invested I am skeptical that cryptocurrency owners who are all expecting x1 to x100 gains would be thrilled by those profit margins.

Since you say you're a lawyer, I think you do know that at first, you must organize your idea before pitching an investment plan to people, and usually, the first part is, what you have to offer for the investors? What do you have of the following: land, a business, clients for the products, knowledge, and experience or just ..an idea?  You should lay down a plan, make your mind on the first step in terms of capacity, lay down some numbers on costs, number of people involved, expected return in the best and worst case scenario and so on and on...

[knightkon]

Thanks for the link, i would look into that.

And i´m looking for investors who pay in BTC, and in exchange would recieve x amount of livestock as a future contract. The cryptos would be converted to local currency and believe me, that would be a lot. Giving you an example

according all to google (prices may and will vary in argentine)

1 btc = 9,260.50 US dls
1 US dls = 70 argentine pesos (+30% taxes for buying foreing currency) + we are only allowed to buy a maximum of 200 american dollars per month (there are lot of foreing currency black and parallel market).

Our basic income is 16.875 pesos, i have a full time job as a lawyer + some gigs and my anual salary here is something like.. 9000uds, i live really good in here with this, but i don´t want to be a public employee the rest of my life and thats the only way in here unless you born rich or evade money, i have seen lot of friends closing their business this last two weeks, things are getting nasty in here

This should be easy for you with your background, but I would check into banking laws and such because when you get into selling futures and such, you are getting into the stock market territory which could make what you are doing not worth much with all of those regulations. However, if the investor is buying a physical part of your business, then this would not be the case, just do not describe it as buying into the futures so you do not tread on those lines.

I have seen another person here say this, but you really need to put this down in a plan form so investors would be interested and know what they are getting into without asking so many questions. I know as an investor, when I have to ask to many obvious questions, it deters me from wanting to invest.

Anyhow, whenever you get some numbers down on paper and you can give me my ROI and how it will happen, I would be interested in what you have to offer.  You can PM me if you want.

[pooya87]

the main problem is trust.
first of all trusting that what you are pitching is not just a fake front for a Ponzi scheme that takes people's money in an irreversible transaction and runs away.
second of all assuming you found a way to proof legitimacy of the business is the trust in future of such business and its profitability. you said you are a lawyer which means you have zero knowledge and experience in the field you are entering (livestock) which means there is a very good chance you would fail. no investor would take those risks.

[Shimmiry]

I´m an argentinian lawyer who has been working in a long term BTC investment in coins. You basically send bitcoins that will be invested in livestock, creating a crowdfarming system where you don´t own a cow, just the equivalent of it. And by getting that money, the people can work the animal (getting milk, for example), insted of sending them to the slaughterhouse before finalizing its cycle. I have all this thinked, and i have been a lurker of this forum from a few months already and been working on this as a side-project, and even if the quarantine has help me to get more time in this, the truth is that the need of change cannot wait for me to learn everything to get a livestock-crypto market running by my own. so i´m in need of asking for crypto funding.


I´m by no means asking for donations, i´m just... i don`t know, looking for any advice or tip in general, thanks!

Better get funding from real life investors such as Banks and other people that are interested in such businesses. Cryptocurrency investment especially on a newbie and anonymous user is suspicious and never been a trust-worth. I don't really know why other people keeps asking for investments funds and donations in the forum yet ends up scamming innocent people whom worked hard for money. And saying that you're an Argentinian Lawyer doesn't proves you so as your posts isn't a Lawyer type context. Lawyers are far formal than this.

[JulioVasquez]

Thanks for the link, i would look into that.

And i´m looking for investors who pay in BTC, and in exchange would recieve x amount of livestock as a future contract. The cryptos would be converted to local currency and believe me, that would be a lot. Giving you an example

according all to google (prices may and will vary in argentine)

1 btc = 9,260.50 US dls
1 US dls = 70 argentine pesos (+30% taxes for buying foreing currency) + we are only allowed to buy a maximum of 200 american dollars per month (there are lot of foreing currency black and parallel market).

Our basic income is 16.875 pesos, i have a full time job as a lawyer + some gigs and my anual salary here is something like.. 9000uds, i live really good in here with this, but i don´t want to be a public employee the rest of my life and thats the only way in here unless you born rich or evade money, i have seen lot of friends closing their business this last two weeks, things are getting nasty in here

For your idea I would recommend to create a profile on angelist (angel.co) where investors meet entrepeneurs.

You could also try ycombinator.com

Those sites specialize in funding, and could also do this in crypto. Here you wont find any real investors.

[JulioVasquez]

the main problem is trust.
first of all trusting that what you are pitching is not just a fake front for a Ponzi scheme that takes people's money in an irreversible transaction and runs away.
second of all assuming you found a way to proof legitimacy of the business is the trust in future of such business and its profitability. you said you are a lawyer which means you have zero knowledge and experience in the field you are entering (livestock) which means there is a very good chance you would fail. no investor would take those risks.

This comment is so stupid. If people would listen to comments like this, no big companies would ever exist (like amazon, facebook tesla)

yeah, 99% would not invest, 99% are scams, but with a great idea you can go a long way.

This guy needs support, not just same lazy ass comment you would fail or nobody will take the risk.

You know why its called venture capital not risk capital? because most vc see this as an adventure, and not as risk. They are also prepared 90% will fail, but those 10% not failing usually generate 25-100x so they are still good.

shame on you

[pooya87]

This comment is so stupid.

one usually shares their idea to be criticized not just praised. if one can't handle criticism they shouldn't ask for opinion in first place.
I've seen my fair share of people who enter a field with no experience and end up losing a lot of money, it is worse when it is other people's money. all the starters of those gigantic companies you named started by having a lot of experience in their field.

[RabbiTANK]

I´m an argentinian lawyer who has been working in a long term BTC investment in coins. You basically send bitcoins that will be invested in livestock, creating a crowdfarming system where you don´t own a cow, just the equivalent of it. And by getting that money, the people can work the animal (getting milk, for example), insted of sending them to the slaughterhouse before finalizing its cycle. I have all this thinked, and i have been a lurker of this forum from a few months already and been working on this as a side-project, and even if the quarantine has help me to get more time in this, the truth is that the need of change cannot wait for me to learn everything to get a livestock-crypto market running by my own. so i´m in need of asking for crypto funding.


I´m by no means asking for donations, i´m just... i don`t know, looking for any advice or tip in general, thanks!

For a livestock crypto project to work you need to have set the livestock company up and running and also some good use case that will make the livestock coin or token useful for farmers or others, you need experts in this field for advice and I'm glad you come on here.

[The Cryptovator]

It would be quite complicated on this circumstances especially due to covid-19 epidemic. Even your intention is good but hard to fund investors since everyone is afraid about their future. My personal belief is you will not able to found investors from forum by this way. Best suggestion is, if you really want to do something like this then you should manage a team to work with you together and write your idea on whitepaper. So you need create a website about your all ideas. I am not talking about ICO but you should go with IEO. After complete everything try to contact with reputed exchange where you would found many investors without hassle. If exchange like your concept then it will be very easy to fill your dream. Best of luck for your project.

[hatshepsut93]

This comment is so stupid. If people would listen to comments like this, no big companies would ever exist (like amazon, facebook tesla)

yeah, 99% would not invest, 99% are scams, but with a great idea you can go a long way.

This guy needs support, not just same lazy ass comment you would fail or nobody will take the risk.

There's a big difference between publicly traded companies and an anonymous guy asking for irreversible transactions from people all over the world. The former are subject to regulations and as the result your chance of encountering fraud is small, but it still can happen, while the latter is just a perfect opportunity for a scammer - there's no chance for prosecution unless the scam growth truly giant.

This guy needs support, and explaining how investors view such opportunities counts as support too.

You know why its called venture capital not risk capital? because most vc see this as an adventure, and not as risk. They are also prepared 90% will fail, but those 10% not failing usually generate 25-100x so they are still good.

A cow farm won't be generating a 25-100x profit, so there's no way it would compensate for the inherent risk of using Bitcoin for overseas investment.