Topic: crypto for the development of local farmers...can.....? (Read 495 times)

We often dream too far about the adoption of cryptocurrencies, maybe the easiest thing right now is to login on the site then order tickets to a music concert and when we want to attend it just shows we have complete the payment, simple but has devs. done that?

And what a surprise they don't use a token, they don't have a coin or went through an ICO or IPO and they don't actually have anything to do with real farming but rather transaction brokerage and food and produce traceability, which helps the farmers about 0.01%


Ever wondered why it is so hard to get access to funding for agricultural farming businesses, even in the EU or US? It's because the profit margins even in good years aren't high at all, right now the average is almost matching the inflation line, and this with all the subsidies from the government. Have a bad year and you barely keep it running without losing money, make a few wrong decisions on what crops you plant, and just because farmers in another country did the same the prices would plunge and you're again in red.

Everyone talks about investing and poeple making money, but it's not like that, I can show you tens of pictures of formers farms all across central Europe who went bankrupt and are not even worth a penny, dilapidated buildings for who the current owner would pay you money when selling them. Europe has abandoned 200 000km2 of agricultural land in the last two decades, almost twice the size of Portugal.


And it's better this way because while everyone can become a gamer about 99% of the people know shit about agriculture, for most of them is plowing throwing seed and fertilizer, and then getting the crop if I ask about selling moisture levels, drying costs, kernel respiration rates I'm going to see a lot of Pikachu faces.
Let's go into hog farming or cattle and I'm going to tell you that safety and environmental regulations are stuffier than all the whitepapers for all the tokens in the world combined.

So let's leave things for the ones that know about it and stop throwing money at obvious get-rich schemes (for the "dev" team).
 

That's the point - in virtual games, virtual currency! BUT - it is backed by fiat player contributions. There money does not appear from nowhere either.
Therefore, for the third time I will say - cryptocurrencies cannot help either the blind, or the Congolese, or miners, or women, or Catholics ... ANYONE! Because there is no real value for a token issued by a farmer, such as money, land or a cow. And no one will sell him fertilizers or a tractor for this virtual set of bytes. Remember - cryptocurrency is just a tool, it's like a shovel or an ax, a microscope or a telescope, a mixer or a curvimeter! And just having them with a farmer will not save him in the same way ... You are simply deeply mistaken in thinking that blockchain and cryptocurrencies are the savior of everyone and everything, and this is just a tool, but not even the money for which he is FREE to buy the materials or fertilizers he needs.

plus some project regulations must be improved to make the source of online service providers needed by farmers to easily get what they need by providing value to their tokens, one of which is as you said listed on the exchange which will provide investment benefits if the price occurs holder even if it's risky

From the comments I have seen here so far, I can tell that it is already happening: there are already lots of projects that has been launched for agriculture, but the truth is that we are the ones who are not giving our attention to these already launched projects. Maybe when we start giving the attention needed to this area, then it will start booming. I saw some recommendations on here, and I checked them out to see for myself, they are all functioning, just that they are not popular.

You’d see people talk about other projects, like gaming, but you wouldn’t see anyone talking about agriculture. Another thing is that the team behind these projects needs to add extra efforts in pushing these projects further to success. I also noticed that these projects don’t have tokens that are listed on exchanges, maybe it will be great for them to look into that area as well.

Maybe they are not popular yet, but I do know that there are a lot of agricultural projects that has to do with blockchain and cryptocurrency. A few of them that I have seen and personally I think that they are really good are: Agridigital.io, agriledger.io, Te-food.com, etc. That’s the few I can remember, and they are doing perfectly fine, although they might not be so popular to the extent of you hearing their names and seeing them everywhere on the web.

I believe that what agriculture really needs is funding; a lot of farmers don’t have enough funds to be able to reach their full potential, so as long as they are given those funds, they will be able to produce more agricultural products and as generate more income. So there should be good platforms that would be giving them this access to investors, which I believe is the target of some of these platforms.

None yet have been able to do anything worth an impact.

That would be long shot, a better system would be like mortgaging their land to investors and investors can by shares of that land in tokens. The basis of that token would be the land and the income from that land would be a proportion of the total produce.

I know, a lot of unforseen things that we non-agricultural people will never be able to comprehend. Such accidents are common and that will logically reduce the produce from such lands.

Exactly the point. Just by adding blockchain (and previously hyped buzzwords like cloud computing) does not act as a magic bullet to every problem. Farmers and agricultural lands have their own problems that need to be solved by them with help from the governments. Only a handful of them might be able to go for a crypto venture if they have knowledge of such and having enough funds to start. It would be rare and I dont think the poorer countries would be able to afford that. They would rather stick to their lands.

I think that the exercise of mining through BTC is very competitive and has already taken every corner and the only option for mining BTC is for those miners to make a part of their mining power available to anyone to enter, from In fact, the concept of mining is very fashionable at the moment, because in NFT games it is like mining or staking but with games, but basically it is the same exercise, only that what the person has to do is play. The only thing is that the concept expands towards a generation of altcoins or cryptocurrencies that use the tokens, but it has the clear concept of mining.

What is the blockchain working system for farmers like? Can farmers claim tokens or coins when they harvest rice or corn? when their fields are hit by rats, will it have an impact on the dropped token value? I don't understand the working system like this and I don't think we can force things that are already in order.

A million project out there link blockchain and tokens to the most bizarre projects, normally led by teams of guy in their 30's living in their parent's basements that would not stand a chance of finding financing even in the most generous venture capital subsidies led incubator.

Among the thousand things you need to ask yourself about any project, one of the first is "how does blockchain or crypto make this project better". Example, I am going to implement a solar energy charger for AI driven electric cars with a token". How the heck does blockchain help any of those technologies in a way that money does not do better? The answer is most of the times none.

Agriculture is a sector that can be really profitable if you’re to utilize it properly. For those cryptocurrencies you have talked about not being successful, personally I think it would be something that has to do with bad planning. If they have a good plan the project wouldn’t fail and the cryptocurrency is going to be successful. But, when there is a wrong planning, then it’s going to be a total failure at the end.

We already know that there are lots of ways that blockchain can benefit the agricultural sector, and it is up to these cryptocurrency platforms with focus on agriculture to prove it to the people. It is not something that should be rushed, they will have to start small and convince people, with time they will get to expand.

No, it's not true and that's why all those hydrophones farms start-ups are losing money continuously
https://www.ft.com/content/0e3aafca-2170-4552-9ade-68177784446e

First, you need a controlled environment, then you need electricity, a lot of it since you need light for every plant on those shelves, so you have to spend tons of things other get for free, then there is the water pumping, then the initial cost and then more expensive labor.
They have received tons of investments and think that if with that initial money not being counter at the end of the year they post 1 cent in profit it's a profitable business but when you start counting ROI in, it's a failure.
With prices of electricity going up 100% they will all go bankrupt.


So the solution is money, and you want to disguise this in a so-called crypto investment while in reality, it means poeple all across the glove giving you money with no real assurance they will get anything back.

Those sites aren’t alive.
However I love the idea of supporting farming sectors through crypto currencies. Well they can not do much but find the farmers for their needs. I am not sure how the farming works in overseas but in India, farmers are very poor and needy when it comes to fulfil the demands of farming. Only few % of farmers are rich here and can tackle the climate change and poor harvest.

Rest of the farmers are so nervous about the farming and their Harvest every year just because Mother Earth is not doing well!

So, the solution is to modernise the whole farming thing. Give them the tools to overcome the natural climate change. There is indoor farming or hydroponic methods which can be used to get good harvests.

The problem? It needs huge investment. I think crypto could be solution to find such farmers. May be we can invest in different project get the money or resources needed by farmers.

What do you guys think?

Crypto can be flexible and used for many applications including agriculture, of course this needs government support so that it can make farmers can apply crypto with agricultural products so that the public who buys coins or tokens is always based on stocks from agricultural products.

Why am I asking this question? There is such a thing as "applicability", and for example, it is more convenient and logical to dig potatoes with a shovel than, for example, with a microscope. And the same microscope is not logical to call the savior of agriculture, because it has many characteristics that are very different from a shovel. Therefore, it seems to me quite incorrect to say that tokens or cryptocurrency will save someone. Such tools are not lifeguards, they simply provide new technology that can be used to solve some problems that previously could not be solved or were more difficult to solve. But this does not mean that this is the salvation of everyone and everything

It is actually complicated if you do see out the bigger picture yet fiat would really be enough and wont really be needing on complicating things which i dont see for it to be needing on something like this.

Investors wont really be seeing this as a good or worthy kind of project if it do focuses on an industry which could stay up with fiat transactions if ever they do decided up for some funding.

I actually see the point in regarding on this one or this idea.

I constantly ask a simple question, to which supporters of the topic "cryptocurrency will save agriculture / medicine / seals / spinach / something or someone else" cannot clearly answer. So the question is - what, in your opinion, prevents you from doing the same, with the help of fiat money, the possibility of issuing shares, or attracting investors by another method? Why is the issue of tokens better, more competitive than the issue of shares of an agricultural producer? Why is a token better than a fiat in a situation where there is a question of buying equipment? Moreover, the legislation of many countries is not yet very on the side of cryptocurrency.

I remember there were lots of projects had attempted like that but unfortunately all of them had stopped their operation for some reasons. Most probable reason might be, lazy and scammy devs but I do see lots of possibilities for crypto to be helping agriculture and farmers in many ways but for all of them, there should be proper protocols should be designed and followed.

I am confident about successful agriculture based crypto project which must be using bitcoin as one of the optional payment system in near future.

I think that cryptocurrency can help agriculture in the following way: there are a lot of companies connected with agriculture, so they can launch their own tokens that will be kind of their shares. They can create a mechanism of how to encourage people to hold their coins (staking of their tokens or bonuses for holding) so that they get funds due to people's investing in their tokens. Also they can start selling their products for ctypto. 

I still strongly believe that cryptocurrencies are still very useful in agriculture. however, it all depends on the project team that handles it.
if they really focus on developing it, I think it could be a great thing. I've heard about this Hara token, and it seems to have been popular in some groups. however, due to some reasons, the project sank, and this is not the first project like this. well, I think in the future, there will be some projects that really succeed in developing crypto in the agricultural sector.