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Author Topic: crypto for the development of local farmers...can.....?  (Read 495 times)
Kodok Bencot
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November 17, 2021, 07:50:49 AM
 #41

Crypto can be developed for all types of life including agriculture, in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.
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November 17, 2021, 12:40:29 PM
 #42

Crypto can be developed for all types of life including agriculture, in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.

Yes it can but who will implement this project unto the farmers? A certain company? Well I think this will be bad if they will enter on this scene since this could start of monopoly if they willl be integrated on Agricultural sector but if the government will handle this and create this project in benefits to the farmers then maybe we shouldn't worry about the outcome of that plan since for sure we are in safe hands. But so far the one I see if someone offer that benefits to farmers or local farmings project and ask for money are mostly scams so we should be aware of that schemes.

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November 17, 2021, 02:52:33 PM
 #43

Crypto can be developed for all types of life including agriculture, in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.
Most of these project will not last long due to lack of interest in the token or coin they own so transaction volume and market cap will not be good like for example hart token. The worst impact for such a project would be having to sink in the market due to the difficulty of competing with many ideas from other project, obviously they help at some point but I don't think so in the long run.

Crypto can help the agricultural sector only if the government starts to adopt crypto as a legal tender where some crypto-based lending platform can provide loans to farmers as initial capital which they will return after harvest. Regarding the marketing of agricultural product, I think that currently there are not many farmers who have difficulty selling their harvest because there are always traders who are willing to accommodate their harvest.

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November 17, 2021, 04:43:12 PM
 #44

Crypto can be developed for all types of life including agriculture, in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.
There are also quite a few limitations for crypto in the agricultural sector when the sources of labor and value here are quite natural, less dependent on technology and machines, with such low level of linkage, fundraising cannot be as perfect as other high-tech and integrated projects. Moreover, when the initial capital is no longer an issue, the rear modes will need their own and more special entrance, relatively deadlocked about this space, honest and straightforward local farmers it is difficult to succeed in crypto

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November 17, 2021, 06:34:33 PM
 #45

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?
Every nation depend on agriculture for survival and most agriculturist are still left behind in the era of digital currency and farming. They only way to effect this is to host a world class agricultural crypto submit where farmers get enlightened on  the use of crypto currency and if no education is done then many agriculturist will not see it as an option
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November 18, 2021, 05:52:44 AM
 #46

Cryptocurrency will save farmers ... Cryptocurrency will save Venezuela ... Cryptocurrency will save ...
Cryptocurrency will not save anyone! Why doesn't a caterpillar tire or cowrie shells or a microscope save farmers? For the same reason - they cannot help them Smiley Cryptocurrency is not a panacea, cryptocurrency is the same financial / technological tool, like many others. It has both advantages and disadvantages. And you just can't help anything simply by taking and adding cryptocurrency there! And therefore, anything will help farmers, but certainly not cryptocurrency. They will be helped by profitable loans, state support will help them, and we ourselves can help them by increasing the consumption of their products by 10-20% ...

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November 18, 2021, 06:33:40 AM
 #47

Crypto can be developed for all types of life including agriculture,
It can be developed but that does not imply that it can be useful. Anyone can create a new coin without any regulation but that needs to be done with a feasible vision with proper hindsight and not a cannabis-induced hallucination. Roll Eyes

Quote
in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.
Like I said, there is a lack of follow-up. Truely there has been many projects that have put in agriculture as a cornerstone and developed only to end up as a shitcoin. Point is that clicking some pictures of a farm or some farmers does not mean they are going to get big. It needs to pitched properly with direct communication between investors and the representative of the farm, report updates about the farms expansion and growth cycles and how the token holders can spend their tokens for their own benefit.

All these things are lacking in almost every ICO based coin that have been launched. Wink

R


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November 18, 2021, 08:36:12 AM
 #48

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?
actually, cryptocurrency can applied on many method, the problem is the local know about crypto or just use it as investment. of local use the other crypto as payment or developing their place, im sure it can run properly.
that sector can be great on developing because of who handle it, management will die if they never know to step forward. its good if people who know about crypto and farmer, join and make progress, developing their local business with cryptocurrency

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November 18, 2021, 09:07:29 AM
 #49

Cryptocurrency will save farmers ... Cryptocurrency will save Venezuela ... Cryptocurrency will save ...
Cryptocurrency will not save anyone! Why doesn't a caterpillar tire or cowrie shells or a microscope save farmers? For the same reason - they cannot help them Smiley Cryptocurrency is not a panacea,..

......

In my opinion, a True Cryptocurrency Network that's based on merit could help farmers. Good Ideas could come from honest global participants who have unrestricted/less-restricted access to a decentralized community that is meant for farmer.
The problem with the current world model is the use of unqualified people to help farmers in lots of areas. The system is centralized, ridden with corruption, not very Transparent , not truely based on merit etc...
We can make a difference.
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November 18, 2021, 09:18:41 PM
 #50

Cryptocurrency will save farmers ... Cryptocurrency will save Venezuela ... Cryptocurrency will save ...
Cryptocurrency will not save anyone! Why doesn't a caterpillar tire or cowrie shells or a microscope save farmers? For the same reason - they cannot help them Smiley Cryptocurrency is not a panacea,..

......

In my opinion, a True Cryptocurrency Network that's based on merit could help farmers. Good Ideas could come from honest global participants who have unrestricted/less-restricted access to a decentralized community that is meant for farmer.
The problem with the current world model is the use of unqualified people to help farmers in lots of areas. The system is centralized, ridden with corruption, not very Transparent , not truely based on merit etc...
We can make a difference.

Ok, I trust your experience and knowledge. Can you outline a simplified diagram here to understand how this might or should work? And we will discuss it in order to understand - will it really help? And is it possible to replace cryptocurrency with something else in such a solution? I'm sure it will be interesting!

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November 18, 2021, 11:58:27 PM
 #51

I think crypto currencies could help farmers to acquire equipments and goods for growing their crops or feeding their animals for a cheaper price. You know in many countries farmers don't have access to equipments such as vehicles (tractors), energy systems (solar, wind), structures (greenhouses), inputs, pesticides and medicines in general produced in their own places, forcing them to pay a very expensive price to import those items, which are necessary to increase the productivity of their farms considerably, while decreasing the effort needed to achieve that.

In part, the price to be paid is too expensive due to bureaucracy imposed by governments in the formal market. If crypto currencies are used, there is a chance part of this price will be reduced, becoming more affordable for every farmers around. However, a specific crypto isn't a must. We can just use an existing one, like bitcoin, for an example.

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November 19, 2021, 05:25:36 AM
 #52

I think crypto currencies could help farmers to acquire equipments and goods for growing their crops or feeding their animals for a cheaper price. You know in many countries farmers don't have access to equipments such as vehicles (tractors), energy systems (solar, wind), structures (greenhouses), inputs, pesticides and medicines in general produced in their own places, forcing them to pay a very expensive price to import those items, which are necessary to increase the productivity of their farms considerably, while decreasing the effort needed to achieve that.

In part, the price to be paid is too expensive due to bureaucracy imposed by governments in the formal market. If crypto currencies are used, there is a chance part of this price will be reduced, becoming more affordable for every farmers around. However, a specific crypto isn't a must. We can just use an existing one, like bitcoin, for an example.

Ok, I heard you. And now the question is - where will the farmer get a cryptocurrency, moreover, a liquid one, where will a supplier of equipment come from, ready to sell equipment for this cryptocurrency? Why can't a farmer buy machinery for money? No money ? How will he get the LIQUID cryptocurrency? You must purchase it! Issuing your own cryptocurrency? And the security? Harvest ? And if crop failure, drought, ...
You must understand that the main problem is the farmer's lack of money, and if he does not have an asset for which he can purchase equipment, no one will give him the equipment! And no matter how many tokens you issue, they will not change the picture - the farmer did not have money and will not appear ..

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November 19, 2021, 09:32:43 AM
 #53

Here is why I do think it's an amazing idea and why it would work for developing countries.

The farmers grow and sell in a bulk to the middle man which then sells to consumers. Now the cost is very very different. Let me tell you some stats. The cost of something x as sold by the farmer is generally = 1y but when you buy it from the middle man it's 20y.

Yeah too bad it's not like that, and I can get you some number on that.
Milk sold directly from the farm, 30cents/l , milk price in chain stores, from 60-1.20, remember it's also VAT.
Wheat is selling right now at 250 euros per ton, the price of flour is at around 80 cents per kilo.
Higher quality pig meat is at 7 euros, if you're going to tell me the cost is 30 cents... Angry

No, stop with these numbers, they are just wrong, at 20x nobody would grow that food in the first place.

Now the government might have to ;
1. Give free classes to teach them about cryptocurrencies and how they can be used to expand their business
2. Provide them easy loans to start it on their own for the time.
3. Have a good support system for them till they are able to understand how everything works.

What's the point of number 1? Two continents have managed to get out of that situation without any crypto, why would that be a stringent step?  It isn't!

Notice a small supply of plastic waste there? Where does plastic come from? Its essentially made from oil. All plastic waste and plastic pollution littering the world is oil. There are methods to take that plastic waste and recycle it back into a fossil fuel. Which could potentially expand the world's fossil fuel supply, decreasing shipping, fertilizer, herbicide and pesticide costs.

Yeah, too bad you can't turn plastic into fossil fuel cheaply.
First, plastic makes a tiny fraction of oil consumption, second, it's hard as hell to even produce the fuel, and the cost is outweighing the price of crude by an insane margin.
Why do you think nobody is making gasoline out of coal?
https://www.reuters.com/article/us-environment-plastic-oil-recycling-idUSKBN2EZ1EF

In part, the price to be paid is too expensive due to bureaucracy imposed by governments in the formal market. If crypto currencies are used, there is a chance part of this price will be reduced, becoming more affordable for every farmers around.

Nice, now cryptos can get rid of bureaucracy, I'm not even going to ask you why and how this would be possible.


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November 19, 2021, 04:16:22 PM
 #54

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?
It is quite possible. I think all it needs is the right team standing solidly behind it; a team that knows what they really want to do and they show the determination in doing it. What most of these agriculture needs is a good investment and the right people doing what they are supposed to do, and you will see this sector booming.

So, if any team is creating a token, the goal would be for them to get investors who would buy these tokens as a way to invest in agriculture (which I believe is what other projects were all about, even though they failed). With a good plan at this, I believe that it is going to work. And agriculture is one those sectors/businesses that drives a lot of profits, so when played right, it's going to be a huge success and will benefit the investors and the team.

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November 19, 2021, 06:58:42 PM
 #55

Having some sort of crypto help in any type of business will definitely make it a lot better. Not just because it would help the organizing of the problems and solving them one by one with technology, but it also makes them a lot more popular. Imagine a farm, what do you imagine? Land, dirt, veggies coming out of earth and all that right? Typical farm that you always considered all your life.

Imagine a world where vertical farming gained more fame, you have this big warehouse, no dirt or ground just water so you hydro farm everything, you have 200 lines of layouts that you could grow things with 10 shelves each meaning about 10 cabbage for example on each of them, meaning at once you could grow 20k cabbages all at once. Now this is great right? That's true and it would be profitable after a while however imagine now that you get to NFT all those shelves and lines and how you could profit from them all together at once, you could sell them for a lot of money today and build 2 more warehouses with it, that is the future that crypto promises to every single sector in the world.

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November 19, 2021, 08:31:20 PM
 #56

Crypto can be developed for all types of life including agriculture, in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.
Most of these project will not last long due to lack of interest in the token or coin they own so transaction volume and market cap will not be good like for example hart token. The worst impact for such a project would be having to sink in the market due to the difficulty of competing with many ideas from other project, obviously they help at some point but I don't think so in the long run.

Crypto can help the agricultural sector only if the government starts to adopt crypto as a legal tender where some crypto-based lending platform can provide loans to farmers as initial capital which they will return after harvest. Regarding the marketing of agricultural product, I think that currently there are not many farmers who have difficulty selling their harvest because there are always traders who are willing to accommodate their harvest.
We do really have lots of project ideas that had surfaced out on the market and some of them are unrealistic ones or something which isnt really necessary for it to be applying some blockchain things yet it would be much simpler if it would be done directly if we do talk about local farming and helping out something in related into their venture which could really be done by fiat directly because blockchain tech isnt
something that only focused on all sorts of things for it to be applied.We should accept that there are certain key areas on which it isnt really needed at all.
Therefore i dont really trust up this kind of set up.

R


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November 20, 2021, 12:52:54 PM
Merited by safar1980 (2)
 #57

And some of those offering the topic "cryptocurrency will save farmers" can explain
1. The main problems of today's farming
2. How exactly (step by step, with an explanation of what will happen, what is the purpose of each step) will this scheme work,
3. what are the key advantages of blockchain, in this case, the farmer will receive (preferably with an example).
It's just that, knowing, for example, the problems of modern farmers in our country, I can say that the only real application of the blockchain is maintaining an inventory of land plots so that they cannot be manipulated. Everything else is just money, and only agricultural technologies.

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November 20, 2021, 09:42:05 PM
 #58

And some of those offering the topic "cryptocurrency will save farmers" can explain
1. The main problems of today's farming
2. How exactly (step by step, with an explanation of what will happen, what is the purpose of each step) will this scheme work,
3. what are the key advantages of blockchain, in this case, the farmer will receive (preferably with an example).
It's just that, knowing, for example, the problems of modern farmers in our country, I can say that the only real application of the blockchain is maintaining an inventory of land plots so that they cannot be manipulated. Everything else is just money, and only agricultural technologies.
Technology improved a lot but farming tech didn't improve fast enough. That is the biggest issue, sure there are better tractors and all but most of them are under one companies power and that company doesn't let you fix it so they end up charging a lot, this is US farmers problem and there are technological problems in most nations as well. We need to not only change the way we farm but we need to add a lot more tech to it to make it more efficient. Farmer numbers dropped a lot as well, lands got sold and built new homes on those lands, at least in my nation that is like that. Most farmers kids studied in college and want to get a white collar job too.

So, we have less people, less land, less efficiency. How do we solve this? We need to grow the support for vertical farming, build business around it, and get botanists to become farmers in warehouses instead of lands. Crypto "may" help with blockchain instead of coins directly, but it is not a rush.

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November 21, 2021, 11:56:18 AM
 #59

I believe the projects you have mentioned are just there to raised fund and doesn't willingly want to help or develop agriculture. They are just using crypto for their own interest, because I've seen a lot of projects like that. Or, either the support being given to the project by the people/investors and the government or local government to implement their goal is not enough.

But tbh, I think crypto can help agriculture in many different ways. But it can really bring a bigger impact if government uses crypto as a way to develop agriculture. We all know crypto offers a lot of things through the use of blockchain technology. So I have no doubt maybe in the next few years, someone's going to introduce something that will bring amazing changes in agriculture industry using blockchain. One great idea will soon come out unexpectedly.
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November 21, 2021, 04:13:34 PM
 #60

Crypto can be developed for all types of life including agriculture, in fact there have been projects that wanted to adopt agriculture to the blockchain system, but because they failed to reach the target money during the ICO the project stopped, of course we are waiting for developers to enter the farmers so they can make they are easy to market agricultural products.
I haven't forgotten that in the past few years there have been many ICO projects that have emerged with agricultural concepts but look at it until now none of them have really worked

I don't know where it's wrong, it's just that from what I see projects about algicultural are not very interested

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