Secondly, there is no native blockchain based token that is used for governing the agricultural sector, used for Decentralized Autonomous Organization(DAO) where farmers can use the token to decide, predict and vote on what is actually their own opinion.
I always wonder how cryptocurrencies can be applied in community funding for Agricultural Financing and to curb insecurity in agriculture. Initiatives such as collective funding, rotating savings and credit associations as well as agricultural cooperatives?
The development of agriculture based token will solve this problem, where every farmer as well as producers, consumers and government will have to purchase the token to decide, vote, initiate ideas into the agricultural sector if need be, thereby forming Decentralized Autonomous Organization, DAO. These token can then used by the team for funding, savings, granting loan for developers for upgrading the token and the system.
Your insight on this matter is spectacular and unique although, I still find a problem in this as, the basic level to the agricultural sector is most likely not going to have a part in this.
Given that, majority of these guys haven’t got the slightest idea of what cryptocurrencies is about or this and that tokens. Hence, they don’t get to participate in the event that we have these things in place and am referring to the subsistence farmers whose produce is mainly for personal use.