crypto for the development of local farmers...can.....?

[ninis45]

Until now, several cryptocurrencies related to the agricultural sector, seem to be less effective for farmers and also there is no progress. because of several projects such as those in my own country, including Hara Token (HART) and Agricoin (AGC & AGCMN).
  who try to use the agribusiness sector as an asset for crypto offerings, there is no development and tends to be left behind even though 30% of the world's population is a farmer and the other 10% is related to agriculture. Can cryptocurrencies still be applied to future economic developments in the agricultural sector because it seems difficult?

[The Cryptovator]

It depends on how you want to connect the agriculture sector with cryptocurrency. Those projects you mentioned wouldn't help develop agriculture sectors. Because they need just raised funds and enjoy. After raising funds they don't need to proceed with further development. I am not expecting too much. Cryptocurrency would help develop agriculture sectors, but it's hard to determine how. That's where we stuck. A fake promising project wouldn't help agriculture sectors. Need to think of something different than raising funds.

[Gozie51]

That's where we stuck. A fake promising project wouldn't help agriculture sectors. Need to think of something different than raising funds.

Crypto need a committed project for agriculture that will sincerely raise funds for the growth of the sector but this is lacking so far. Agriculture is a very important sector and has many as aspects to take care of in the economy. The world has economically developed and need a guard in the encrypted blockchain.

[tulusikhlas]

Hara did not develop well and the community was not well known, so they were quite quiet and did not experience much movement. I have seen their social media especially on twitter. In my opinion, there is no encouragement from the surrounding community who do not pay attention to the importance of developing Hara tokens for farmers. But besides that, it seems that the team hasn't made any additional moves after linsting in the Market, after that it experienced a pretty drastic decline as if it was abandoned.

[Lucius]

Is anyone so naive as to think that some token can be helpful to agriculture in a way that makes any significant change? The problem for agriculture is much bigger than some famous tokenization of that sector, and every farmer knows what it takes for his crop to succeed. Drastic changes in the climate affect agriculture, and in the whole situation, it is even worse people are trying to compensate that with even more fertilizers, pesticides, herbicides, and other toxins that poison the soil and the plant that grows on it.

[stompix]

Until now, several cryptocurrencies related to the agricultural sector, seem to be less effective for farmers and also there is no progress. because of several projects such as those in my own country, including Hara Token (HART) and Agricoin (AGC & AGCMN).

One site dead, the other got a "rebranding" and went from agriculture to NFT, I wonder why I even bothered to check.

Can cryptocurrencies still be applied to future economic developments in the agricultural sector because it seems difficult?

There is another question, why even apply cryptocurrencies in the agricultural sector?
What real advantage will some shit tokens provide?

I'm coming from a family that is involved in farming, for 4 generations that's what we have done on our land or on the state land as it was used to be called for a short amount of time. I've spent hours debating with people here and I can't still find one damn reason why should my parents or their business partners use a token. You want to get rid of fiat , good, use BTC but a token has zero impact.

HARA ID
Data ownership is back to the rightful owners, in this case, small holder farmers. Collected data is gathered to learn the best implementation for farming practice. Enable cost efficient farming that enhances their productivity.

It's damn obvious they have no plan on actually doing something, why would you need a token to share data?
You can make a Facebook group and everyone could post there their opinions, their methods, do advice, and all that for free!!
We have in our region both a forum, a FB group, and an WhatsApp group where everyone will know in a minute all the prices for everything, from seeds to fertilizer to the average moisture for the last day crop.

[FanEagle]

My comment is going to differ from the first comment that says that developer should focus on something else apart from raising funds.  For me I think it’s all about doing things right,  maybe those who have been doing it are not doing it the right way, and that’s why they keep on failing.

It’s all about having a team in this agricultural sector that would develop a project like this and be more focused on the success of the project, and how it is going to keep thriving and not end up as one of those other agricultural cryptocurrency projects that you have seen. It's still going to be all about raising funds, because that’s the only way I can see cryptocurrency being part of agriculture: investors are going to invest in this coins and the funds will be used to invest in agriculture by those that are behind the project to make income.

The more investors keep going with their investment, their funds is being put more into agricultural produces, and to generate more profit in return. That’s how I imagine it.Funds should be put on agricultural structures and many more things that are going to benefit the agricultural sector and also benefit the investors. And for investors to have access to these opportunities they will have to invest in these tokens or coins.

[n0ne]

That's where we stuck. A fake promising project wouldn't help agriculture sectors. Need to think of something different than raising funds.

Crypto need a committed project for agriculture that will sincerely raise funds for the growth of the sector but this is lacking so far. Agriculture is a very important sector and has many as aspects to take care of in the economy. The world has economically developed and need a guard in the encrypted blockchain.

People always tend to use the term agriculture into their project and raise funds, but end of the day this doesn't have any connection with the agricultural people. With the gain of massive amount of funds why don't they make the project more effective and beneficial to common farmers who aren't that skilled with technology.

With dentacoin the project aims at connecting the dentists around the globe. Through this platform they're able to manage everything associated with dentistry. Same as that why can't be a project developed and made successful for the farmers benefit.

[batang_bitcoin]

Until now, several cryptocurrencies related to the agricultural sector, seem to be less effective for farmers and also there is no progress. because of several projects such as those in my own country, including Hara Token (HART) and Agricoin (AGC & AGCMN).
  who try to use the agribusiness sector as an asset for crypto offerings, there is no development and tends to be left behind even though 30% of the world's population is a farmer and the other 10% is related to agriculture.

There are projects that are only using a certain sector for their promotion and goal. But as you've said that if there's no progress at all then that shows that you know what type of project they are. That's why many of those projects that have main focus didn't become successful.

Can cryptocurrencies still be applied to future economic developments in the agricultural sector because it seems difficult?

I believe so but there's no need for any project to deal with it. Bitcoin alone can help the farmers if there's an actual way of doing and funding them through it.

[BIT-BENDER]

Agriculture used to be the bed Rock for industrialization in my country, but since long it's just been a means for survival for people and large scale farming has been substituted for other things -crude oil, coal and more-, now I will not expect a coin which was created and said to be to support or start a return of blossoming agriculture to work, no I don't think crypto-currency as such, first the excitement and interest in agriculture is down and the coin would be bought by investors if they had to for profit rather than to use it for agricultural development.

[Jating]

Until now, several cryptocurrencies related to the agricultural sector, seem to be less effective for farmers and also there is no progress. because of several projects such as those in my own country, including Hara Token (HART) and Agricoin (AGC & AGCMN).
  who try to use the agribusiness sector as an asset for crypto offerings, there is no development and tends to be left behind even though 30% of the world's population is a farmer and the other 10% is related to agriculture. Can cryptocurrencies still be applied to future economic developments in the agricultural sector because it seems difficult?

Maybe this projects are not properly marketed to countries wherein farmer agriculture is still one of the main source of income for their population?

Or I guess still depends on the nation? if they are not into crypto then how can you promote this projects to them?

I guess the goal here is good no doubt about, but it might take years to really apply this project to farming sector as there are obvious a lot of challenges in the line.

[TinaK]

I think the fact is this kind of project won't really help the agriculture sector, they don't have use as what they had promised to deliver it correctly.

I agree with the comment above that they only raise funds for their own benefits, after this they will slowly disappear, so what is the reason that they will exist, how they can help local farmers through their projects? I don't know how but I think there is no real development.
However, maybe other projects can do this but in local farmers, I felt have a negative result.

[hatshepsut93]

All those "crypto for specific use case" are scams and shitcoins. There's absolutely zero benefits for creating a currency for one field or use case. The whole point of money is to be exchangeable for everything.

Crypto can't do anything for farmers. It's just money, a payment systems, it can't really solve any problems not related to that.

[Obito]

I think the fact is this kind of project won't really help the agriculture sector, they don't have use as what they had promised to deliver it correctly.

Not really, no one hasn't thought of the right thing yet that can help the agricultural sector when it comes to cooperating with crypto. There's one that I've heard of which is Farming Tales, you can actually get your profits in the form of produces from their partner agricultural sector or you could do a token although I still don't completely understand how it all benefits both sides, at the least we have some point of reference for future projects right?

[TheUltraElite]

who try to use the agribusiness sector as an asset for crypto offerings, there is no development and tends to be left behind even though 30% of the world's population is a farmer and the other 10% is related to agriculture. Can cryptocurrencies still be applied to future economic developments in the agricultural sector because it seems difficult?

Here is another one that I had close interest in back when ICOs were more "glamorous" called Bananacoin - https://www.investopedia.com/terms/b/bananacoin.asp

ANN Thread still exists here - https://bitcointalk.org/index.php?topic=2112748.0

The topic should be read by every new investors out here, shows the reality of what can actually happen to many lucrative sounding projects that could have been well developed, but failed to do to reasons unknown. Currently the site has not been updated for a year.

I think cryptocurrency can be used for a lot of positive development, but it is not a magic bullet to every problem - a bubble that had been created by ICOs a few years back and then everyone was creating a coin for everything possibly you could think of, leading to a large number of garbage projects. Crypto can be used to fund a farm and its architecture, furniture, electricity and expansion. It can be used as the mode of payment for online services that the farm can provide. But all these things need time to grow and they will not happen overnight. Maybe these failed projects can be the starting step of some new startup, I am optimistic of such.

[davis196]

The agriculture sector isn't very financially sustainable.It's really difficult for a farm to become profitable and stay profitable in a long period of time.That's why most of the farms in the western world have all those financial support programs and cheap loans.They can't compete against the cheap production coming from the underdeveloped world.
Can the crypto industry help the agriculture sector in both developed and underdeveloped countries?
I don't think so.
The farmers living in rich countries need constant financial support from the government.
A new "agricoin" won't help them in the long run.
The farmers living in poor countries also need financial support,in order to buy better equipment and raise productivity.Can some random crypto coin help them achieve this?Maybe yes,or maybe no.It depends of how honest the developers of the crypto project actually are.Won't they turn into scammers?


  

[xSkylarx]

I think the fact is this kind of project won't really help the agriculture sector, they don't have use as what they had promised to deliver it correctly.

Not really, no one hasn't thought of the right thing yet that can help the agricultural sector when it comes to cooperating with crypto. There's one that I've heard of which is Farming Tales, you can actually get your profits in the form of produces from their partner agricultural sector or you could do a token although I still don't completely understand how it all benefits both sides, at the least we have some point of reference for future projects right?

I agree, I was also perplexed because it is still not applicable to the farming sector because crypto is, in my opinion, for broad terms that could apply to all but when only money is involved, when it comes to farming, machines or technology is the best which is a tangible because they are growing crops or other things However, I believe that it is still usable as a payment mechanism, but it has had no significant influence on their lifestyle or farming operations.

[Mauser]

I didn't follow the agriculture crypto coins much, but it seems there was no big breakthrough yet. Farmers are usually not very technical people, so it might be hard for them to fully understand crypto currencies. Without the understanding it will be hard to get them involved with new projects. The question I would ask is, why should the coins only be limited to the agricultural sector? All types of crypto coins can offer values for business, wouldn't it be better to go for a more generic project that can be used by many different business. There are sectors who would profit strongly from their own crypto project, but it always comes down to the number of investors and who would actually use it. Having a special crypto coin for farmers, manufacturers, and other essential business should create a lot of demand. Limiting the scope of new projects to a niche area can make it become forgotten very fast.

[stompix]

The agriculture sector isn't very financially sustainable.It's really difficult for a farm to become profitable and stay profitable in a long period of time.That's why most of the farms in the western world have all those financial support programs and cheap loans.They can't compete against the cheap production coming from the underdeveloped world.

Oh, but they can, and they usually beat the crap out of them, two graphs that show why, leaving aside subsides:





If farmers in the western world would stop 50 3rd world countries will starve out, for example, the once-mighty Egypt is the biggest importer of wheat and others could easily follow its path. It's not as much about subsidies that would indeed cause some bankruptcy till the prices will skyrocket all over the world and farming in Europe would become again profitable but the consumers would get screwed, but a thing of machinery and very low human labor force.

Bananacoin - https://www.investopedia.com/terms/b/bananacoin.asp
ANN Thread still exists here - https://bitcointalk.org/index.php?topic=2112748.0

Pretty sure the investors went bananas...

[Kakmakr]

The reason why those shitcoins fails is simple.... it has no other use case, so the farmers and people buying those tokens cannot do anything with it. Instead of creating a bunch of shitcoins, why not just use Bitcoin with 1000's of merchants and people wanting it. 

A lot of these shitcoins are created by the developer to "pump n dump" the tokens and for quick profits. The "agriculture" use case is just a selling point to get people to buy it.