Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
I do not agree as we see similar criticism for different sectors based on blockchain, you have named food I have seen people criticizing energy based projects as well but we need to understand that this is all new sector and will take a lot of time in developing, partnerships, implementation and then adoption. 
Topic: Lame use cases (Read 336 times)
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Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
LOL, this is just one of them, I've seen alot of more funny use cases like this and is so disheartening, what's more disappointing is that people still go ahead to invest their hard earned money into this projects when they clearly know it has no future.Anyone who's been here for long will know a project called cartaxi as way back as in 2016 or there about, this project raised millions of dollars in their ICO promising to build a taxi company where riders will book a taxi and pay in their token, people invested heavily in into this project and today, the project is long dead and gone with peoples money.
The truth is that most of the projects we see in the market are designed to enrich the developers and not for the purpose of developing the industry. These projects promoters don't even make efforts in considering the impact of their projects or its use case, they just want to create tokens, get investors and make the best out of the market.
Your points are very true, most developers are just in for the money and do not care about the impact the project will create. For instance, a project having its use case as fighting corruption or promoting unity is baseless. So many projects with use cases that do not make any sense exist, most are just money grabs.
Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
The basic aim was to make food trackable so its source and quality can be confirmed.I still think that this a solod use case and only blockchain can help bring this concept to reality so I still think that this sector will be big in the future.
Many developers doing this with no real use case because of the funds that they can get from the investors. Creating a project that has no usage will resulted into a failed project. But you know some developers try something that could catch the attention of the investors.
Supplychain wouldn't be lame if you will be part of it so there will be no counterfeit products. A company that protects its reputation will likely participate in providing these types of use cases as far as I know NIKE had already joined to have this kind of blockchain. The promising I think is the Vechain which were supported by big companies including the pharms from China but this is just what I have read on some article site. It could be just PR.
Blockchain will have more use cases but its adoption will still not be easy to achieve when there isn't yet trust built widely. It's even harder to kickstart a country to go cashless.
The issue now is that with the bull market kicking in, many people will see this as a great advantage to launch their own tokens and rake in money as more as the market permit. 90% of the tokens in the space currently do not have a need to being in market but because it is the norm now, even if you don't want to do it, people will demand for it
Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
Uhmm for business purposes, I suppose.That's why they do coin offerings in the first place, OP. If they use the popular coins, then how can they use their own brand if they're using a coin of something else already.
They will be successful if they use existing ones that are accepted like Bitcoin.
Blockchain is great technology, not just for accepting payments. Also to keep your secret databases, you have control of the company's production.
Blockchain is great technology, not just for accepting payments. Also to keep your secret databases, you have control of the company's production.
Haha，just for money，what weird projects can't launch，can get money through deceiving is good of course, did not earn also nothing big loss，that is why they launch such weird thing.
Well that's blockchain for ya, everyone could literally make things to solve a problem that doesn't exist in the first place. Like that overly saturated startup market. Though, it can still be considered as innovation, not that it's gonna cost us anything anyway.
Maybe their project could bridge the use of many cryptos into using unified means of payment who knows? however, this kind of "lame use case" is inevitable when everyone could just make something out of the blue.
Maybe their project could bridge the use of many cryptos into using unified means of payment who knows? however, this kind of "lame use case" is inevitable when everyone could just make something out of the blue.
The truth is developers need to always try out something new, whether it's going to work or not that's until they try first, base protocol team first released a project in 2018 I guess that was about artificial intelligence and more it it failed and they team had to return investors money, this year they came up with base protocol and it turned out very good
Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
You aren't far from truth, but what do you think about vechain.
VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought.
So many similar mini projects are out there that are really determined to take food blockchain to main stream just that they don't really have anything to offer. They will create a simple ERC-20 token, make a collaboration with an existing food company and then boom.
After paying huge for designing 0f whitepaper, then they will gather private and public fund. At the end, the project will be dump easily as most of the time investors don't know the importance of food blockchain.
Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
At least there are foodCHAIN even without successful blockchain Food projects.
I am more on Medicinal side if to choose to be a blockchain developer Because even we can Use Other coins in future or even now to Buy medicine Yet this is a Self supporting market in Which has also a specific Groups that will support.
I have seen one back in 2017 and Believe that it will go through But after successful ICO when Bear starts in 2018 the project subside and now has almost to Movement in market.
They just probably want to join the hype that's why they start their own project. Though it will be hard for them since there's already a bunch of coins on the market with better use cases and real application than their use cases. We have different perspective and we can't really stop them if they want to start their own project as they believe it will be worth it. It's just that not all project, especially with food blockchain projects gets the same spotlight or become successful.
Stop blaming developers, if they dont give a use case a try how will they know if it will work or not? Stop blaming failed use cases, if you don't try you can never know or predict the end results, artificial intelligence for example is no nonsense utility, just because it's not working on blockchain yet doesn't mean it's useless, A. I can have a home on blockchain in future
Is there a chance for food blockchain projects in crypto space? To me it feels ridiculous, why would a developer decide to build a food blockchain project when they can just implement popular coins as means of payment in their store, why creating tokens for this purpose? This is another example of junk use case in crypto space, I've seen many projects tried this years back and they all failed, simply because we don't need them I guess
I'm not sure there's any chance of a food blockchain project to succeed, I mean we have seen in the past how many food projects have tried but they have all failed, I don't know if they all follow the same strategy, but i don't see food blockchain projects making any head way in this crypto market, nowadays over 90% of all the new crypto projects have nothing good to offer to the crypto market,the project team are just out to sell their worthless tokens to investors, and become rich, developers are just too eager to get rich without taking time to map out a solid project.Instead of creating a new worthless tokens, they can simply adopt crypto payments in popular cryptocurrencies like btc, eth, trx or letc, rather than creating another junk token.
I think there are some reasons for this to be a lot of use cases and these things happen when these things are not obeyed and so there are use cases if you do not follow the rules of any work. So I think with the example I want to say that such a thing happens when a couple of unskilled people work for a bounty, so if you work with a skilled person, there will be no such scandal. You must have given very good advice so I would like to express my sincere gratitude to all of you.
for the food project, there are not too many people who need it because everyone can easily get food with the paper currency that is easily obtained by everyone and it also makes it easier for people to get it so it's not very useful. New projects about food are not very useful because getting food is still easy nowadays and creating a crypto project for food doesn't really matter to everyone.
Honestly, there are few stores in korea that accepts majority of altcoins as payment solution like Bitcoin cash, XRP, litecoin etc, the food company owner could just do this instead, you can't use blockchain to get food data or something like that, it sounds ridiculous, with your own eye you can easily buy spoiled food stuffs or good food stuffs in the market, there is nothing shady about this, why blockchain for crying out loud
I agree, all these useless altcoins are very much littering the crypto space. You can easily accept payments in Ripple or Litecoin, for example, but everyone wants to create their own token, without realizing that it will cost nothing.
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