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Topic: Lame use cases - page 2. (Read 336 times)

VDraci

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Quote from: cytpoway121 on December 08, 2020, 04:59:36 AM

Quote from: Samayuki on December 07, 2020, 05:24:03 AM

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 blockchain is a decentralized space; which means that everyone can one way or the other try to create an impact for all of us through the blockchain; starting up a food blockchain may seem ridiculous; but it doesn't mean that it is not achievable. All that is needed to be done as an investor is to follow the progress, process and stated lay plans of the token to see if it can attain success.

If the developers can also work on their marketing; get proper food chain partnership like the McDonald's etc; then the food blockchain could be accepted afterall.

Nobody said the idea was ridiculous, if what OP said sounds like that it means he is judging from past projects that failed due to lack of attention from the world or crypto users, it's a very nice use case but people don't just favour the use case, that's the main problem, developers should learn from past developers, without something that will help the entire crypto space it's never going to succeed

Ucy

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Wonder if the "food Blockchain" is a Blockchain/network built only for food business, or is it just a Dapp? Tokens/dapps would be best suited for things like that.
I normally see a Blockchain, combined with other part of its whole Decentralized Network, as a Nation with companies, infrastructures, members, currency, etc. The food business/project should probably function as company/application built on top of the Network.

cytpoway121

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

adzino

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

No ideas are "ridiculous" if you do it right. It might feel ridiculous to you, but not to others. Think about general people centuries ago. For them flying (planes) might have been probably a ridiculous idea, but not for everyone. Decades ago, flying cars was a ridiculous idea. Is it now?
Lots of developers failed does not mean that the idea itself is "lame". Maybe you should start trying implementing this and turn this "lame" idea to something real big?

cryptomaniac_xxx

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

It also goes to show that blockchain is not for everyone to implement or take advantage of. It's main use is to preserve the data and not to tamper with, so I don't know how applicable it will be in food blockchain project. But as you have said, majority has failed so it means that the industry is not yet ready for this kind of project.

Bitbtc8

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Quote from: Coin_trader on December 08, 2020, 02:25:31 AM

Quote from: Samayuki on December 07, 2020, 05:24:03 AM

The application of blockchain in food industry is not for payment process only. I think you are missing some important point and I suggest you to read the real application of blockchain in food industry on the attached link below^[1].

Blockchain has a lot of used especially for storing records for transparency and protection also. You should understand further more the diffent use of blockchain so that you can understand its different application in different business sector.

[1] www.newfoodmagazine.com/article/110116/blockchain/amp/

Yes it's more than just payment solution within food industries but still won't change the fact that it won't survive in crypto space, the whole idea of transparency throughout the supply chain, reduce food frauds and enhance food safety won't still work, can you invest your money on such project without thinking about ' if the public is going to embrace it' ? That will be your first thought, the success of a blockchain project relies entirely on the public, if the public failed to adopt it's a total failure

Greatdev

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Use cases that have tough time surviving in crypto space

1. Artificial intelligence projects
2. Virtual reality
3. Renewable green energy
4. Food blockchain projects

The question is why are they failing? I guess they failed because the team aren't professionals in the field or because no one cares about this use cases on the blockchain? Well my real answer is these use cases are good enough but need dedicated qualified personals that will make it possible to survive on blockchain, probably in the future maybe

KaratX

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

Let them try, once they see the end result they will learn their lessons, I've seen many projects in the past using virtual reality as a use case on the blockchain, it thus make sense honestly but we don't just need virtual reality on blockchain right now, might be possible in near future but not today, those developers had no choice but to abandoned the projects and work on something else

TheUltraElite

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

Is there a chance for food blockchain projects in crypto space?

Possibly some projects did that in the past.

Quote

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?

See when the crypto hype was bubbling away like anything, almost everything in the world was being made into a tokenised system. During that time people thought that this was the end of mainstream markets and rise of crypto to the maximum, alas that bubble ended nicely for the owners of such projects but horribly for its investors.

The back concept is that the owners used the hype of launch the project and its tokens, the advisors and the devs sold off their tokens at a profit and then left the project - the ones who lost their money are the investors but they cannot legally do anything about it either.

Not just food but almost everything was being "developed" (

Apostlekin$$$

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Quote from: Coin_trader on December 08, 2020, 02:25:31 AM

Quote from: Samayuki on December 07, 2020, 05:24:03 AM

That's right and very understanding but the problem is adoption rate, it's not always about payment solutions like you said but will this use case attract many adopters? That's the main issue here, without the public support the project will easily drown, the developers need to ask themselves if this is what the public needs right now, whatever use case they bring if it's not attractive enough it's a good bye

Twinkledoe

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Quote from: nutildah on December 07, 2020, 10:38:54 PM

Quote from: Samayuki on December 07, 2020, 05:24:03 AM

A fair answer to this question would be its because they want full control over their project. If I owned a food distribution company and wanted to use the blockchain to keep tabs on quality control or something, I wouldn't adopt a pre-existing method of payment and enrich devs and bagholders through pumping their bags. I would build it from the ground-up using Microsoft Azure or something.

As a method of payment, yeah creating your own coin for your own restaurant is only as good as the effort being put into the coin's success. They're better off accepting BTC, ETH, and LTC.

I think consumers will adopt crypto payment if they are seeing more popular coins like btc or eth. But if it is their native coin, I don't think the adoption will be the same. Because people are more familiar with btc, they will be more willing to pay using this method. But with their own coin, they will be hesitant as they don't know their market. BTC is already established and its value is known to everyone. So if you are a business owner, better use the known cryptocurrencies first. And once you got success with this venture, then, maybe you can venture in integrating your own coin.

Coin_trader

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

Wingsbtc

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There are few projects that uses such use cases before and after launch they go straight down within months, I don't know what developers are thinking this days, it's not as if there is no more new ideas let to work on, blockchain don't need food services, breweries, gucci, shoes and co, what good will this do for crypto users? Such businesses or companies only need to start allowing crypto payment from their customers, they don't need to build tokens, it's a waste of time

PerfectCircle

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True, some use case will never work and they are useless to begin with, I believe there are still many ideas that can be worked on for the benefit of crypto and blockchain but most developers are unqualified, they just want to make some money and leave the investors out in the dust, our job is to learn how to avoid such useless use cases

Eco_111

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

What do you expected? Every one want to take a piece of cake out of crypto and blockchain technology, crypto space is now a big money making haven and developers don't care much about what they bring to the table, whatever it is some stupid people will still invest their money on such project, a smart investor will definitely know how such project will end

nomenclatur

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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.

nutildah

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

Bitcoin_Arena

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The whole idea of all the useless tokens you see around with no actual use case is to make quick money or profit from the ignorant investors or traders. The people behind the projects don't actually have any long term plans, all the focus on is on minting the tokens, make quick money and exit.
If you have noticed, most of those projects rarely go beyond 2-3 years before they get abandoned.

dunfida

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

Common sense thing but there are project owners whom do believe that they might able to get some marketshare with that kind of idea but if we do
think up that carefully and logically then theres no point on creating one when it comes to food blockchain project which i dont see for its relevance yet
anyone can just integrate those top coins in the market if they do really decide on integrating crypto into the business.
You would able to spot out which project does have that kind of relevance.

jossiel

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Quote from: Samayuki on December 07, 2020, 05:24:03 AM

You've said it right.

There's no need for another token to be used by those food blockchain projects. They can simply rely on popular cryptocurrencies and as usual, accept bitcoin as payment. The purpose of the creation of their token is to make its worth higher and take money into their pockets.

It's the reality for blockchain projects that involves token, there are sales on it.

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