The strategic goal of the project is a core modification of business and export relationships connected to the production and delivery of bananas.
The project founders have set a goal — to decentralize the process of business expansion and take it beyond the framework of traditional partnerships. 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 project is launching tokens using Ethereum blockchain and the price of BCO tokens is tied to the export price of 1 kilogram of bananas.
Token - BCO
Price - 0.7 USD
Sales end - 28th February 12:00 GMT
Accepting - BTC, ETH
Country - Russia
Owners - available info on website and Telegram channel
Raised - 4 M tokens sold of 14 M total
Bounty is over now.
Why to participate in the Bananacoin project?
The yearly consumption of bananas in China is about 13 million tons. The intake of bananas in China has increased by a factor of 12 within the last 8 years, and it is continuing to rise constantly because of the growing welfare of the population and the associated growth of consumption.
At the same time, even in developing countries, the consumption of bananas during an economic crisis is reduced only slightly, as bananas are a relatively cheap product.
In general it provides a positive grounds for growing demand for bananas, and for BCO token respectively in near future.
In the medium term, the team is planning to increase the production area to 1,000 hectares and submit the project to one of the Asian agricultural funds.
Check more details at Bananacoin website
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