Topic: agriculture and bitcoin - page 4. (Read 838 times)

That is a bit hard for the essence that Bitcoin is something digital and agriculture is an aspect of a different kind. The only way I think Bitcoin can be used in agriculture is to convert it into fiat to shift into an agricultural investment. But it does depend on what country you are in.
If your country have adapted blockchain technology then it would be okay to use your crypto into direct buying or investing to goods that would benefit to your aim or goal of agricultural development. But if you would try to carry your country as a whole in this "agricultural development", then that would be a difficult thing to achieve. Maybe, clearing out your intentions such as by being more specific would be better.

Excluding that, OP can also start farming on his own with the most advanced techniques as there are been technologies which have made farming a way lot easier but profitable. Least hardwork is needed in farming these days and with blockchain, we could even generate the most advanced gadgets ever who might even handle the entire plantation process on their own.

Setting up various farms with these techniques might make OP gain huge benefits without any actual hardwork. Also organic fruits and vegetables have an ever increasing demand in the markets which would never depict so this is a plus point for all those who have the concept of farming into their minds.

You have to develop the vision first. Crypto is ambiguous term, it includes lots of sub-cases like implementing cryptocurrencies, involving blockchain technology and more. You can contribute to the development agriculture in more than one way. You can either create a decentralized market for farmers to sell their produce and receive payments in cryptocurrencies or you can develop some new techniques for increasing agriculture efficiency and distribute that to farmers via blockchain technology or you can create a platform where farmers can raise loans or contribute funds as cooperative which will increase the joint-efficiency.

I'm glad that there are people who want to implement bitcoin in all areas! It seems to me that this is possible, and that such a combination of agriculture and bitcoin - it will be something very progressive. I read everything that was written here and agree with others. Use all reasonable ideas from the community, also look for ideas on other websites, I'm sure they exist.
We are also always happy to hear any updates on this topic if you decide to develop agriculture using bitcoin!

We did 2 plans
1. We write own plan and did ICO (we rased 0 funds and continiue own story on own resourses)
2. We bought analyze of our ICO and bought tokenomy plan from cryptoanalytic. But it is too complicate for me to realise this tokenomy  (I can share for you but only as google translated pdf if you want but it needs some time for translating)

Also cryptoanalitic found for us some famous agriculture projects. Before I go sleep, I want share it for you. Information was collected almost 1 year ago, some information can be not actual.

1. www.smartlands.io (Spain) - it is opportunities for real sector to recieve investments. But I did not write mail to them yet.
Our cryptoanalitic wrote:
"At Medium: Smartlands is a global platform for tokenizing the assets of the real economy by issuing Security Tokens
Smartlands: a breakthrough platform that provides an opportunity for any agribusiness tokenize their assets and attract investments from crypto investors. Crypto investors will be able to invest in asset-backed tokens and discover agribusiness as a new investment market.1
The platform offers tokenize any business from the real sector. After the audit, a certain number of tokens will be issued corresponding to the assessment of the company's fixed assets. Required: the presence of a real working business, financial statements for the previous 2 years (preferably), a detailed business plan." (google translate)

2. https://www.pavocoin.com (site is dead) - Iot stuff for agriculture. https://bitcointalksearch.org/topic/ann-ico-pavo-iot-blockchain-for-the-agtech-ecosystem-3227901
Our cryptoanalitic wrote:
"The creators of Pavocoin claim that they will be able to “pump” the farming sector with the help of IoT and cryptotechnologies and take it to a new level. A high-tech approach is put at the forefront regarding sowing, cultivation, and processing / harvesting / delivery of crops. There is reason to consider the project a scam." (google translate)

3. https://agricoin.asia/ (site is dead) -
Our cryptoanalitic wrote:
"Agricoin (AGC) works without borders, which allows the process of payment and transfer of agricultural products worldwide.
AGC Blockchain: In addition to existing similar cryptocurrency platforms that have already established themselves and are well known, Agricoin (AGC) promotes further compatibility and flexibility with other blockchain technologies.
Agricoin (AGC) is not only a technology, but we are promoting the idea of ​​fair and ethical business practices in agricultural industries. We occupy a position as a connecting infrastructure among the components of agribusiness, such as farmers, farmer cooperatives, financial institutions, storage and distribution systems, the commodity market, initial communities and many others.
3 members from Asia and the only way to contact is LinkedIn.
With a high degree of probability, we can say that the scam project and there are no technological innovations behind it" (google translate)

4. http://biocoin.bio (Russia) - (site is not working). Real project, real story in Moscow, I buy foods sometime in Lavka Lavka lavkalavka.com. Boris Akimov created token in time not good for bitcoin. Look https://coinmarketcap.com/ru/currencies/biocoin/. Sad.
https://bitcointalksearch.org/topic/news-biocoin-international-blockchain-based-loyalty-platform-2169384

Token is still cryptocurency but I don't know how to buy biocoins

Our cryptoanalitic wrote:
"BioCoin is creating a vibrant ecosystem that supports local communities and green businesses, builds a network of socially responsible companies around the world, and accelerates the global adoption of organic agriculture, sustainable development, and responsible consumption.
Despite a strong PR, the Bio team has not yet been able to fully justify the investor community, and probably in the future, the consumer community. But, the existence and success of the project confirm that in Russia there is a demand for quality products from local farms and the category of clean products." (google translate)

5. https://demeter.life/ - site is still working. Good idea for future, it is time for me to look again on this project.

Our cryptoanalitic wrote:
"Demeter is the revolution of organic food through blockchain technology. We are creating the Growfounding concept, an opportunity for users to “rent” Micro-Field directly from farmers and grow the products you want as they see fit.
The Demeter platform will allow people from all over the world to rent micro-fields in different corners of the planet and engage in agriculture. Thanks to transparent technology, users will not overpay and will be able to decide how to cultivate the land themselves. Or you can just buy agricultural products anywhere you like.
Another project without bright features, without a prototype, and with the idea "For all the good""  (google translate)

6. http://mashkino.club/ (Russia) - looks like a real project. The real business, but there are now english text inside.
https://bitcointalksearch.org/topic/annico-milkcoin-mlcn-ico-2286600

7. http://www.kolionovo.com/en/ (Russia) - famous Russian project. Story of success. Real farm, real people. Like!
Our cryptoanalitic wrote:
"The Kolionovo Ecosystem project is aimed at creating and conducting extensive testing of the local economy model and raising funds for the development of real production of agricultural goods and services. The KOLION marker is based on the Waves chain and is used as the main currency in the ecosystem." (google translate)

I think it is enough for today. Thank you for attention.

Thank you for the excelent idea. I think it can work in Europe or somewhere else but in our country it can be a little risky because we have no laws about bitcoin. We can sell bitcoin via fiat but I afraid to sell production via bitcoin.

In fact, some people are selling illegal things hiddenly in the darknet. Crypto is good for this, is not it? Without law I don't want sell like this.

It is too complicated for us. We are farmers, we are not about to write application for crypto-investors.


In our case, this is our job for last 5 years only. If you know, our country was a Soviet union in the past. There was no farmers. There was colectives of people without private property. Property was common for all. Machines was producing by goverment plan. But it is old story, I'd like to speak about real time, not about past

We started as farmers again from zero because of it.

It will be great but also I'd like to know details about it, if it's possible.

To supply we must to grow plants on our land. Now we can grow only small part without special machines.
So our problem for now is to get cheap credits for buying agricultural machines, seeds and special equipments. And we should store foods because in the Autumn price on agriculture is very low.

If get some bitcoins we also must have a good rating in cryptoworld, but it is really complicated. We created infovacuum around our farm for 1 year and realised some crypto project and worked hard on farm. I got credit and bought 1 tractor, some equipments and some mining rigs. Now I sell bitcoin, sell some food and return money to bank. It is real story how to develop with crypto. But my credit limits is not so high to cover land 170Ha.

I don't want get credits in bitcoin. Bitcoin can be 50000$ after several years, I think it is too risky for agriculture business and own reputation. I cannot sell all production via bitcoin because in local area people don't use bitcoin. And I don't know how to use tokens for real investors.

I thought about series of smart contracts for small aims. Like smart contract for buying tractor and equipments for growing plants, smart contract for the simple warehouse to store food until Spring, smart contract for the biogas producing machine, smart contract for the biogas generator of electricity. It are just ideas.

I created this thread to understand should I go in this direction or not? Or do I need to search agriculture partners like banks or private local investors?

Sorry for mistakes, English is not my native language.

It gave them an idea that it was this easy to make money out of it by just providing a vision of helping the agricultural sector. Be it with farmers, renewable energy and other stuff that can be connected to that sector.

Still, many are not closing the doors for the opportunity if there's an actual and legit project that will certainly provide a vision and proposal that's really aiming to get with the specific part in agriculture.

You can begin a crypto based installment application for ranchers, application can give security on ranchers' income and can settle shoppers' expense on fruit,vegetables, grains, and so on.
Utilizing crypto-based installment application can be center point for national agricultural markets.

I think it does not work. Local people don't know how to use bitcoin. We're selling products for fiat right now.



We did ICO but it was a not success story for selling tokens but our farm are growing and growing up. https://www.coingecko.com/ru/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B/ecopole


It does not work. Examples: banana coin, milkcoin, Biocoin, etc.

In reality I right now can create a new token with name CowGold and selling it on the Etherdelta, because I have a lot of cow's excrements on my farm, but local people don't know about Ethereum and Etherdelta. And people from Etherdelta no need CowGold. I joked about CowGold but I hope you understood my irony.

I thought a lot about that. This is the most complicated thing for me is how to give and keep guarantees of the return of funds. I thought about smart ETH contracts but I have no idea how to create system of returning based on ETH.

I know how to return funds only if I use cryptomining. But for mining it needs electricity. I have a some cheap electricity (about 20kW). And I can get electricity from biogas but it is complicated project which also needs money.

I agree and disagree with you. I'm using cryptominers like heaters for warming my farm house and animals and getting bitcoin payment from nicehash.
But I don't know how to use the crypto for agriculture projects, how to attract investments or crowdfunding money.
What I can for now it is use my own abilities and abilities my old partners

I did ICO in last year. But imho it does not work like this. I cannot to simply create tokens and simply receive investments  

Yes,this method of raising funds was very discredited by various types of SCAM, which were very common earlier, but if various guarantees of the return of funds, with competent white paper, in a painted financial plan, are provided, then this can be very good.

I do not plan on offending you but I just would like to say that Agriculture itself is a job , not even a job but it's something people cherish because it has been passed down from generations to generations and you know I do think that it is the most vital job one can ever do.

First I would like to Thank you for taking such step or even thinking about it.
I do think that Agriculture and cryptocurrencies are way way apart but I do think there is something you could do.

If you do feel comfortable you can create a website which sells the products directly from the farmers without any middle men and you can start receiving payments in bitcoins itself , do give them some discounts if they are paying in bitcoins because you know When you eradicate the middle men you are gonna save up a lot for the farmers and this profit , even 1-2% of it can be used to give discounts for the people paying in cryptocurrencies.

I think you can use blockchain technology in the agricultural sector. Supply Chain using blockchain technology can help agricultural product development at the same time provide jobs for people. I have seen some projects been conducted that intend to use the technology for an effective supply chain so I think you can also look toward that direction. Aside from that, unless you want to be selling your product by accepting cryptocurrency. If you want to do this, I think it will be great especially if you are farming organic products such as tiger nut that can be supplied internationally.

There are blockchain projects that register the supply chain and link contractors to farmers.
Benefits for the farmer is that he can sell a product for a good price and not need to have the cash to pay contractors first.
It can create a trust chain and no coin is needed. I can bring you in contact with the organization that develops this.
In 2014 I found it a great idea to manage a currency but greed makes most currencies useless.
For now, it seems only Bitcoin shall survive with a value.
In the future maybe trust chains can be supported easily with Bitcoin.

Then voluntarily filing for the income tax is going to be the solution.

For the ICO, there's no need to do this. I think there were projects before that aimed to help the agricultural sector and economy by providing their tokens but it wasn't really effective and useful at all. It was abused and just became a source of wealth collection for the side of the developers.

Another way is paying to your employees with bitcoin to avoid taxes, but that's not really legal though