WORLD'S FIRST BLOCKCHAIN OPTION FOR BANANA PLANTATION
Bananacoin is blockchain project aiming to achieve a core modification of the global banana production industry, the initiators of the project create processes in the production of organic bananas through the implementation of an economic element in the seemingly completely understood export relations of the product. The Bananacoin Project will facilitate wider recognition of blockchain technology on the commodity market, forming a close connection with blockchain communities; Bitcoin, Ethereum, WAVES, and others. The strategic goal of the project is a core modification of business and export relationships connected to the production and delivery of bananas.
PROJECT DESCRIPTION
The Bananacoin Project was established by a group of professionals with over 3 years of experience in producing bananas in Laos, consulted by software development experts and professional lawyers, in order to take advantage of blockchain technology in addressing real business objectives. On the land, we are currently developing we can grow anything – mango, passion fruits, papaya. But we grow banana. Because they are in demand. Plain and simple. The sort of bananas we are growing "Lady Finger" is very nutritious, delicious, in demand and sells at a higher price. Lady Fingers are small fruits up to 12.5 cm long, with light-yellow coloration and small brown strips. They are purchased in China from specialized companies and they are the most popular sort of bananas at the most demanding market. We take great pride in not using any chemicals in our plantation. Bananacoin is a 100% Eco and organic plantation. Specialists of the project have identified territories in Vientiane province, Lao PDR, near the floodplains, where the soil is the most fertile and water supply costs are the lowest. The main competitive advantages for the production of bananas conferred by this location are:
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ETH Address: 0xc9A0cD3C9D00b61F5e46B4f234F5adb91fAB0A78
PROJECT DESCRIPTION
The Bananacoin Project was established by a group of professionals with over 3 years of experience in producing bananas in Laos, consulted by software development experts and professional lawyers, in order to take advantage of blockchain technology in addressing real business objectives. On the land, we are currently developing we can grow anything – mango, passion fruits, papaya. But we grow banana. Because they are in demand. Plain and simple. The sort of bananas we are growing "Lady Finger" is very nutritious, delicious, in demand and sells at a higher price. Lady Fingers are small fruits up to 12.5 cm long, with light-yellow coloration and small brown strips. They are purchased in China from specialized companies and they are the most popular sort of bananas at the most demanding market. We take great pride in not using any chemicals in our plantation. Bananacoin is a 100% Eco and organic plantation. Specialists of the project have identified territories in Vientiane province, Lao PDR, near the floodplains, where the soil is the most fertile and water supply costs are the lowest. The main competitive advantages for the production of bananas conferred by this location are:
- High average air temperatures
- Fertile soil (red soil)
- Availability of a cheap water source
- Availability of relatively inexpensive electricity for agricultural producers.
In our case, taking into account the current location of the business, there is an opportunity to acquire territories of up to 8,000 hectares, all located in the same valley. Our project development strategy can be divided into two parts:
- The Short-Term Strategy Includes This Steps: Creation of the Bananacoin token, the purchase of which entitles the Participant to the future receipt of goods or equivalent monetary compensation. Sale of the token at main exchanges. Token price is pegged to that of 1 kg of bananas. Banana production (up to 18 months). All tokens are exchanged for goods or equivalent monetary compensation.
- Long-Term Strategy: involving the expansion of our production areas up to a maximum of 1,000 hectares and establishing cooperation with major international and regional organizations and funds through disposal of assets.
BCO TOKEN & TOKEN SALE
Bananacoin is using the proven TGE crowdfunding model, allowing backers to invest in the expansion of production and become holders of Bananacoin tokens (BCO), which can be exchanged after project launch for goods or funds and are expected to more than double in value in 18 months’ time. After the realization of the project, Bananacoin tokens will be exchangeable for a certain amount of Lady Finger bananas or equivalent monetary compensation. Because the token is backed by the market value of 1 kilogram of bananas, participants can be certain of the success of the project, as the demand for bananas is constant.
- Token Name: BCO
- Token Standard: ERC20
- Token Price: 1 BCO = $0.7
- Total Supply: 14 M BCO
- Time For Token Sale: 29th November 12:00 GMT — 28th February 12:00 GMT
- Accepted by: ETH, BTC and Visa/MasterCard
ADVANTAGES PARTICIPATE IN BANANACOIN
- CONVENIENCE: Tokens are integrated into tokenized wallets, will be utilized on stock markets, and will eventually be able to be integrated with existing stores.
- USE OF BLOCKCHAIN ARCHITECTURE: Emission of Bananacoin tokens is done on the Ethereum blockchain, which is among the most stable on the market today
- EASE OF USE: Bananacoin is being developed as an easy to use the token with an understandable fiat equivalent (in the form of 1 kg of bananas). It does not require specialized knowledge in cryptography or blockchain technology.
- INDEPENDENCE: Tokens based on commodity value are not dependent on banks or financial institutions, instead of being directly tied to the productivity of the company and its export activity.
- PROTECTION FROM INFLATION: Tokens based on commodity value are pegged to the market value of bananas. Over the past 7 years, the price of 1 kg of bananas has increased by 4-10% annually.
- TRANSPARENCY: Use of blockchain technology ensures increased transparency. Eventually, this will translate into money transfers being documented and participants having access to information on crops growth and harvest, the volume of the harvest and its subsequent sale on the market.
FOR MORE INFORMATION PLEASE VISIT LINK BELOW
WEBSITE | WHITEPAPER | LIGHTPAPER | ANN | FACEBOOK |
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ETH Address: 0xc9A0cD3C9D00b61F5e46B4f234F5adb91fAB0A78
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