So lets say you want to grow banana but not in your home, You want a big farm. 1000 of hectare of land though you don’t have any experience but you say that you’ll hire people for that.
So How you get the money, what are your options? Lets see.
Ask your dad?
This option will work only if you are from trump family.
Get a loan from bank?
Duuhh!! do i really need to say something here.
Get Investors to fund your dream?
How, What, why ……..get out of here with your bananas.
Make an ICO?
Banana Coin! Wow! I want that. Does it really looks like banana.
And your search for your banana dream successfully fulfilled with ICO. In a nutshell this is happening with Banana Coin.
We invited banana Coin team(from Russia) on our slack community for an interview, they recently completed their ICO and will be growing banana in Laos (A country, i knew that you didn’t know) and exporting to china(really?).
Ok, I understand there is lot to absorve from above. There just are so many countries Involved.
So when I asked them, how you protect the your investor’s investments? , They said you can always get Bananas by selling your banana coin.
So I asked if I am in India(BTW i am from India, Don’t you go back), and I get some banana Coin, how I’ll get bananas?
They said “In Laos, at plantation. In case you need real banana. Right now, we dont have air-shiping, but this is only because we didnt develop it as well.”
Hmmm !! So in either way you’ll get banana.Did you get it?
May be someday they’ll have a drone and sending banana to all over world,Hows that? They are also saying that they are looking for Mango plantation in Cambodia, So here you go MangoCoin.
When i listen all this and see farmers in India. I feel what if they can get crowd funding for their farms. They has experience, already set up market, not to mention lot of mouth to feed and they don’t even need to cross borders to sell their vegetables. Hows that?
Example — (Didn’t you read above , do need to tell you more?).
People using fake identities and even no identity, Identity theft, fake advisers, fake promises, you name it, every thing is happening In ICO space.
I am thinking of changing my surname and use blockchain instead, i don’t know about investors, may be any girl find it worth investing(go girl comment on below).
I have my own concerns and critical view of the project. But who knows the future, So rather being critical, i’ll find joy in comedy.
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