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

[sana54210]

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.

The number one help would be to connect farmers and buyers together. I know that right now there are middle man that buy the crops from the farmers and put their profit on it and they have costs as well so they put that in as well and we buy from them.

I know this is not how it is, but I just want to put a simple example, a farmer has 1000 kg crop, it costs him 1000 dollars to farm it, then he sells it to some middle men, more like grocery store chains and all, they keep it cool in a truck and take it from him and get to grocery stores and distribute to them all and that costs them another 500 bucks, then they want to put a profit but a little so they do another 500 dollars, now the crops is 2000 dollars.

You are paying 2 bucks for something that cost farmer 1 dollar, and that is why we could use crypto to connect farmers and buyers. Have a farmers token, buy it and give it to farmer, then farmer will use that to buy seed and water and whatever they need, and then they will raise it and send it to you when it is ready so it costs farmers a lot less and they will be able to cover the costs easily while selling you cheaper without a middleman.

[vv181]

~
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.

The number one help would be to connect farmers and buyers together. I know that right now there are middle man that buy the crops from the farmers and put their profit on it and they have costs as well so they put that in as well and we buy from them.

I know this is not how it is, but I just want to put a simple example, a farmer has 1000 kg crop, it costs him 1000 dollars to farm it, then he sells it to some middle men, more like grocery store chains and all, they keep it cool in a truck and take it from him and get to grocery stores and distribute to them all and that costs them another 500 bucks, then they want to put a profit but a little so they do another 500 dollars, now the crops is 2000 dollars.

You are paying 2 bucks for something that cost farmer 1 dollar, and that is why we could use crypto to connect farmers and buyers. Have a farmers token, buy it and give it to farmer, then farmer will use that to buy seed and water and whatever they need, and then they will raise it and send it to you when it is ready so it costs farmers a lot less and they will be able to cover the costs easily while selling you cheaper without a middleman.

That is ridiculous, in what specific way agriculture would be revolutionized by crypto? all the things mentioned in the quoted posts can be achieved without integrating agriculture with cryptocurrencies.

And I wonder why should the intermediary between direct seller and buyer transaction should be done within cryptocurrencies token? it is surely can be achieved without cryptocurrencies. and sometimes, just by selling out to middlemen will have a bigger profit margin, in some cases.

[DrBeer]

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.

The situation looks a bit different. I'll tell you now, at first it will not seem like a very real story, but if you sit down and think, it will become very realistic.
SHOPPING NETWORKS! I have been working in IT for more than 25 years, and had experience working with retail, agriculture, industry ... So about grocery retail and its impact on agriculture. I, for example,
noticed a very noticeable change in the positioning of large retail chains. If earlier they were consumers in relation to food producers, now they are becoming customers, moreover, customers who already indicate what, how much and at what price they will purchase. Even 10 years ago, agricultural companies could refuse to chains and sell to others. Now the market for food consumption is virtually monopolized, with a change in roles and distribution networks.
And what about the s / s company? And now they are forced to accept the conditions! And where do you sell your crops, in the face of huge competition and price collusion of networks? Nowhere. And not being able to have good equipment is just a consequence of the above - there is no working capital, there is no money to purchase high-quality technologies to increase efficiency and reduce costs, there is no technology - a higher cost price, high cost price means a low margin, and so on. ...

[goldkingcoiner]

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

If we take a look at the agricultural sector, there does not seem to be any innovations for implementing cryptocurrency yet. We already have cryptocurrencies which are very effective as a type of payment currency. But there is no need to limit it to only the agriculture sector. There is not much that you can do in agriculture with blockchain, I believe.
Perhaps NFT's may be something that can be adopted for people who want to buy certain animals? For example, in Japan, they auction off expensive Kobe beef cows but perhaps you could "reserve" them with an NFT at a young age.

[DrBeer]

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.

I will answer very briefly - what is NOW preventing you from doing the same? Buy equipment for money and grow more vegetables using the new technology?
Please - do not forget to tell also how in your model, the farmer FREELY sells as much as he considers necessary, and is it not by chance that other players on the market control this market more than the manufacturer?

[BigBos]

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?

I still strongly believe that cryptocurrencies are still very useful in agriculture. however, it all depends on the project team that handles it.
if they really focus on developing it, I think it could be a great thing. I've heard about this Hara token, and it seems to have been popular in some groups. however, due to some reasons, the project sank, and this is not the first project like this. well, I think in the future, there will be some projects that really succeed in developing crypto in the agricultural sector.

[josephdd1]

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto. 

[TheGreatPython]

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto.  

I remember there were lots of projects had attempted like that but unfortunately all of them had stopped their operation for some reasons. Most probable reason might be, lazy and scammy devs but I do see lots of possibilities for crypto to be helping agriculture and farmers in many ways but for all of them, there should be proper protocols should be designed and followed.

I am confident about successful agriculture based crypto project which must be using bitcoin as one of the optional payment system in near future.

[DrBeer]

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto. 

I constantly ask a simple question, to which supporters of the topic "cryptocurrency will save agriculture / medicine / seals / spinach / something or someone else" cannot clearly answer. So the question is - what, in your opinion, prevents you from doing the same, with the help of fiat money, the possibility of issuing shares, or attracting investors by another method? Why is the issue of tokens better, more competitive than the issue of shares of an agricultural producer? Why is a token better than a fiat in a situation where there is a question of buying equipment? Moreover, the legislation of many countries is not yet very on the side of cryptocurrency.

[dunfida]

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto. 

I constantly ask a simple question, to which supporters of the topic "cryptocurrency will save agriculture / medicine / seals / spinach / something or someone else" cannot clearly answer. So the question is - what, in your opinion, prevents you from doing the same, with the help of fiat money, the possibility of issuing shares, or attracting investors by another method? Why is the issue of tokens better, more competitive than the issue of shares of an agricultural producer? Why is a token better than a fiat in a situation where there is a question of buying equipment? Moreover, the legislation of many countries is not yet very on the side of cryptocurrency.

It is actually complicated if you do see out the bigger picture yet fiat would really be enough and wont really be needing on complicating things which i dont see for it to be needing on something like this.

Investors wont really be seeing this as a good or worthy kind of project if it do focuses on an industry which could stay up with fiat transactions if ever they do decided up for some funding.

I actually see the point in regarding on this one or this idea.

[DrBeer]

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto. 

I constantly ask a simple question, to which supporters of the topic "cryptocurrency will save agriculture / medicine / seals / spinach / something or someone else" cannot clearly answer. So the question is - what, in your opinion, prevents you from doing the same, with the help of fiat money, the possibility of issuing shares, or attracting investors by another method? Why is the issue of tokens better, more competitive than the issue of shares of an agricultural producer? Why is a token better than a fiat in a situation where there is a question of buying equipment? Moreover, the legislation of many countries is not yet very on the side of cryptocurrency.

It is actually complicated if you do see out the bigger picture yet fiat would really be enough and wont really be needing on complicating things which i dont see for it to be needing on something like this.

Investors wont really be seeing this as a good or worthy kind of project if it do focuses on an industry which could stay up with fiat transactions if ever they do decided up for some funding.

I actually see the point in regarding on this one or this idea.

Why am I asking this question? There is such a thing as "applicability", and for example, it is more convenient and logical to dig potatoes with a shovel than, for example, with a microscope. And the same microscope is not logical to call the savior of agriculture, because it has many characteristics that are very different from a shovel. Therefore, it seems to me quite incorrect to say that tokens or cryptocurrency will save someone. Such tools are not lifeguards, they simply provide new technology that can be used to solve some problems that previously could not be solved or were more difficult to solve. But this does not mean that this is the salvation of everyone and everything

[19Nov16]

Crypto can be flexible and used for many applications including agriculture, of course this needs government support so that it can make farmers can apply crypto with agricultural products so that the public who buys coins or tokens is always based on stocks from agricultural products.

[so98nn]

Those sites aren’t alive.
However I love the idea of supporting farming sectors through crypto currencies. Well they can not do much but find the farmers for their needs. I am not sure how the farming works in overseas but in India, farmers are very poor and needy when it comes to fulfil the demands of farming. Only few % of farmers are rich here and can tackle the climate change and poor harvest.

Rest of the farmers are so nervous about the farming and their Harvest every year just because Mother Earth is not doing well!

So, the solution is to modernise the whole farming thing. Give them the tools to overcome the natural climate change. There is indoor farming or hydroponic methods which can be used to get good harvests.

The problem? It needs huge investment. I think crypto could be solution to find such farmers. May be we can invest in different project get the money or resources needed by farmers.

What do you guys think?

[stompix]

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

No, it's not true and that's why all those hydrophones farms start-ups are losing money continuously
https://www.ft.com/content/0e3aafca-2170-4552-9ade-68177784446e

First, you need a controlled environment, then you need electricity, a lot of it since you need light for every plant on those shelves, so you have to spend tons of things other get for free, then there is the water pumping, then the initial cost and then more expensive labor.
They have received tons of investments and think that if with that initial money not being counter at the end of the year they post 1 cent in profit it's a profitable business but when you start counting ROI in, it's a failure.
With prices of electricity going up 100% they will all go bankrupt.

So, the solution is to modernise the whole farming thing. Give them the tools to overcome the natural climate change. There is indoor farming or hydroponic methods which can be used to get good harvests.
The problem? It needs huge investment. I think crypto could be solution to find such farmers.

So the solution is money, and you want to disguise this in a so-called crypto investment while in reality, it means poeple all across the glove giving you money with no real assurance they will get anything back.

[Webetcoins]

Agriculture is a sector that can be really profitable if you’re to utilize it properly. For those cryptocurrencies you have talked about not being successful, personally I think it would be something that has to do with bad planning. If they have a good plan the project wouldn’t fail and the cryptocurrency is going to be successful. But, when there is a wrong planning, then it’s going to be a total failure at the end.

We already know that there are lots of ways that blockchain can benefit the agricultural sector, and it is up to these cryptocurrency platforms with focus on agriculture to prove it to the people. It is not something that should be rushed, they will have to start small and convince people, with time they will get to expand.

[paxmao]

A million project out there link blockchain and tokens to the most bizarre projects, normally led by teams of guy in their 30's living in their parent's basements that would not stand a chance of finding financing even in the most generous venture capital subsidies led incubator.

Among the thousand things you need to ask yourself about any project, one of the first is "how does blockchain or crypto make this project better". Example, I am going to implement a solar energy charger for AI driven electric cars with a token". How the heck does blockchain help any of those technologies in a way that money does not do better? The answer is most of the times none.

[Semar Mesem]

What is the blockchain working system for farmers like? Can farmers claim tokens or coins when they harvest rice or corn? when their fields are hit by rats, will it have an impact on the dropped token value? I don't understand the working system like this and I don't think we can force things that are already in order.

[LUCKMCFLY]

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto.  

I remember there were lots of projects had attempted like that but unfortunately all of them had stopped their operation for some reasons. Most probable reason might be, lazy and scammy devs but I do see lots of possibilities for crypto to be helping agriculture and farmers in many ways but for all of them, there should be proper protocols should be designed and followed.

I am confident about successful agriculture based crypto project which must be using bitcoin as one of the optional payment system in near future.

I think that the exercise of mining through BTC is very competitive and has already taken every corner and the only option for mining BTC is for those miners to make a part of their mining power available to anyone to enter, from In fact, the concept of mining is very fashionable at the moment, because in NFT games it is like mining or staking but with games, but basically it is the same exercise, only that what the person has to do is play. The only thing is that the concept expands towards a generation of altcoins or cryptocurrencies that use the tokens, but it has the clear concept of mining.

[TheUltraElite]

What is the blockchain working system for farmers like?

None yet have been able to do anything worth an impact.

Can farmers claim tokens or coins when they harvest rice or corn?

That would be long shot, a better system would be like mortgaging their land to investors and investors can by shares of that land in tokens. The basis of that token would be the land and the income from that land would be a proportion of the total produce.

when their fields are hit by rats, will it have an impact on the dropped token value?

I know, a lot of unforseen things that we non-agricultural people will never be able to comprehend. Such accidents are common and that will logically reduce the produce from such lands.

I don't understand the working system like this and I don't think we can force things that are already in order.

Exactly the point. Just by adding blockchain (and previously hyped buzzwords like cloud computing) does not act as a magic bullet to every problem. Farmers and agricultural lands have their own problems that need to be solved by them with help from the governments. Only a handful of them might be able to go for a crypto venture if they have knowledge of such and having enough funds to start. It would be rare and I dont think the poorer countries would be able to afford that. They would rather stick to their lands.

[lixer]

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 they are not popular yet, but I do know that there are a lot of agricultural projects that has to do with blockchain and cryptocurrency. A few of them that I have seen and personally I think that they are really good are: Agridigital.io, agriledger.io, Te-food.com, etc. That’s the few I can remember, and they are doing perfectly fine, although they might not be so popular to the extent of you hearing their names and seeing them everywhere on the web.

I believe that what agriculture really needs is funding; a lot of farmers don’t have enough funds to be able to reach their full potential, so as long as they are given those funds, they will be able to produce more agricultural products and as generate more income. So there should be good platforms that would be giving them this access to investors, which I believe is the target of some of these platforms.