Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] BananaCoin - World's first blockchain option for banana plantation
by
heunland
on 17/09/2017, 01:44:17 UTC
Bananas? Come on, is it profitable? Around so many interesting, promising, progressive projects, and you invest in bananas!

I suggest you actually read the whitepaper and other materials provided on the website at https://www.bananacoin.io before coming to that conclusion. The company has been successfully farming 100 ha of banana plantation organically to get a competitive edge in the chinese exportation market for 3 years already. This is not a vaporware ICO as many others that are based on some possibly great ideas that may or may not turn into anything tangible or profitable at all. The founders are transparent with providing data to back up their claims. No need to ridicule the project solely based on the choice of crop they made. There are many successful commercial banana plantations in many countries around the world. The innovation here is the manner of fundraising chosen to finance the expansion of the existing plantations acreage based on unfilled demand in the chinese market, while allowing people from around the world to participate, not just some small group of big VCs or local funding agencies that each would want to get a say in the projects decision making process.

I suggest we give this project a chance to shine and wait with the FUD and complaining until when there are milestones missed or communication from the team suddenly grinds to a halt (as has happened with many other ICO funded projects that got people exited at first and then turned out to be duds).