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Topic: [News] BIOCOIN - INTERNATIONAL BLOCKCHAIN-BASED LOYALTY PLATFORM - page 21. (Read 15108 times)

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Activity: 280
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Yesterday we published a list of recommendations for traders. There are also many recommendations for investors in ICO. However, first thing is the application of blockchain in the project. And it should not only be used to raise money for ICO, but also for the main goal of the project.

For example, creation of a new “milky” crypto currency MilkCoin has recently been announced in Russia. We have nothing against cows, on the contrary, we love them very much!) However, all money raised by this ICO would be used to build a plant. So, in essence, people invest into a non-technological plant.

Here is what appeared in the news:
“ Khokhol agricultural company (Voronezh region) is planning to raise large investments through an ICO and is creating a new crypto currency MilkCoin on the Ethereum platform.

Investors would be able to receive yearly and quarterly dividends starting January 1, 2019, and MilkCoin token buy-back will start 3 years from the end of the ICO. Payments and the buy-back of tokens will be done in Ethereum currency.  In the future MilkCoin tokens can be exchanged for any products of “KhSK” ( Khokhol agricultural company) with 50% discount.

In this case, tokens resemble shares of the plant though without legal guarantees and binding.

Let’s discuss that in the chat https://t.me/biocoinchat
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The founders of the start-up, Sebastian Boyer and Thomas Palomares explain that the idea to find a solution for a weeding problem came to them during the crisis in the labor market in the US agricultural sector.

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Let’s say for example, in the USA an artificial intelligence can be used to weed fields.

Agricultural robot was invented in a company called FarmWise. The robot can find and pull weeds from a field. The whole process does not require an operator, the robot can work autonomously. First, the robot uses the recognizing objects system to identify weeds in the field and then using mechanical manipulators pulls these weeds from the ground. During this process of weeding the robot also collects data on the growing crops. The only parameter to input into the robot before the start of the work are the GPS coordinates of the field borders so that the robot works in that field only.
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Here is the article that was referred to in the news yesterday for those interested

(Translated from cryptovod.ru)

Today I would like to talk about a very interesting token, to be more exact, a crypto currency of a company with real business. I will try to describe everything in simple words.

Biocoin crypto currency came to existence as a result of an ICO by a company called LavkaLavka. What kind of a company is that? This is a cooperative, or a society of farmers and consumers in other words that are brought together to interact directly excluding intermediaries that are there only to make money on resales. ICO or token sales are performed under the scrutiny by the government , though with the support of the government as far as the development of a legislative framework. That means the token is legal on the territory of the Russian Federation.

What we get as a result is a real company, not a start-up on papers, and an acknowledgement of the token by the state. It means that the whole thing is not going to just disappear in one moment, and the price of the token depends on the demand and the project’s team work.

What can we use Biocoins for?

1. Currently, biocoins are used for settlements of payments between the owners and companies that accept biocoins. The list of these companies is growing day by day which is a result of efficient work of the team. There are more than 50 companies that accept biocoins such as farms, stores that sells farmers products, famous equipment distributor MyHoreca (customers get biocoins as a reward for registering and then for each purchase), Eldoradio will accept biocoins as payments for the commercials, UAZ factory is also on that list. As we can see, the list is rather long, so companies are recognizing crypto currencies.
2. The second direction where we can use this coin is the clients’ loyalty systems, which would award coins for completed purchases from partners that joined the network.
3. As we can see, this is not just a speculative coin but a real coin that can be used to pay for products and services.

Where and how to buy BioCoin.

The first option to purchase coins is through the ICO that is being held now until February 18, 2018. How to buy biocoins on the site:
1. Go to https://biocoin.bio/en/invest
2. Fill in a simple form: number of coins you want to purchase, e-mail, payment method (with crypto currency, electronic money or bank card) and indicate your wallet number that you need to create beforehand (info on how to set up your wallet is detailed later in the article).
3. Accept the conditions and pay and then wait for biocoins to be credited to your account.

Second option is to purchase these coins through a currency exchange, for example, LiveCoin exchange.

And option number three is to start accepting biocoins as payments for your products and services.

Where to keep BioCoin crypto currency and which wallet to choose.

In reality, everything depends on the ways you are going to be using the coins for. If you just want to hold on to your coins and wait for their growth, then it is better to have your wallet on the desktop computer.  If you are planning to trade the coins, then it is better to have the wallet on the exchange. If you want to pay for products and services, then obviously a mobile phone would be the place to set your wallet. A full list of options could be found here:
https://wallet.biocoin.help/en/

To summarize we can say that this is a very interesting project, and in my opinion, it has great potential and after the ICO the coins will grow in price. This is a practice for any coin that has real team and activity. So, I have purchased some coins myself, and recommend you to take a look at it and think for yourself.
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Starting today we are going to tell you more about innovations in agriculture as BioCoin is one of  the brightest projects of agritech though not the only one.

Here is a little bit of history to start:

Agri technological field or agrarian innovation field are becoming more and more attractive considering a constantly growing demand and need of humanity for food. During the last 5 years the investments into agritech start-ups grew almost 10 times and have gone over $3 billion a year. The main market is still the USA that holds almost 50% of all investments in the industry, leaders include the Netherlands, Israel, Germany, India and China.
So, you can also consider yourselves to be investors-innovators:)
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Activity: 280
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There are news in the mass media about the expected Telegram ICO. The most famous reporters are taking info from a published White paper (originality of it has not been confirmed). We also reviewed the document. So, the new platform TON would be working on a PoS (Proof-of-Stake) basis. This is the system Vitalik Buterin wants to switch Ethereum to. And that is exactly how BioCoin works.

Let us explain what it all means (careful, it is going to be a long read!!!).

Proof-of-Work and Proof-of-Stake  are two most famous algorithm consensuses with crypto currencies. They offer different structure mechanisms to proof work done.

PoW mechanism provides an ability for the nodes to check that a miner (a node in that role that is adding a new block into the blockchain) has physically done the calculations. This process includes an attempt to find hash block title (part of the blockchain that has a link to the previous block and summed up data of transactions included within) that would in its data match the current difficulty level. PoW quickly turned into a monster burning electricity to make profits from mining. In 2012 the total combined power of Bitcoin network was already higher in performance than the most powerful supercomputer in the world, and the first alternative, Proof of Stake has appeared on the horizon.

In Proof-of-Stake approach nodes also try to hash data in search for a result lower than a defined data though the difficulty in this case is spread proportionally in accordance with the balance of a given node. In other words, it is spread in accordance with the number of coins (tokens) on a user’s balance. Thus, a node with a higher balance has more chances to generate a new block.
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As much as would like to think that way, we understand that BioCoin is not the only token in your wallet 😎

That is why we have gathered some wise and valuable recommendations for investors of crypto currencies from famous world analysts.

Here are the top-10 recommendations:

1. All the markets are cyclical. Do not be afraid of market rollbacks and collapses as during these moments you can potentially get the biggest profits.

2. Be very careful and concerned with gurus and experts that offer you trading schemes promising
immediate generation of profits.
 
3. The best way to have intraday trades of crypto currencies is NONE, it just does not exist.

4. Do not think that if you managed to earn big profits with crypto currencies, you can easily enter other financial markets with similar results.  More than 95% of traders loose money. Just remember, this is a game of agreements and it gets manipulated. Keep to the ways that work for you.

5. Crypto markets work 24 hours a day, 7 dats a week, 365 days a year. It is impossible to catch every trend, so if you missed one, please do not worry, there is ALWAYS going to be another one.

6. If you earned large profits that can completely change your life, do not do ANYTHING in the next 30 days.

7. Do not create daily goal profit indicators; instead focus on long-term effectiveness indicators in reaching your set goals.

8. Do not trade before announcements of big and important news as it is impossible to estimate the market reaction to that.

9. You will DEFINITELY make mistakes. Do not be too hard on yourself when it happens however try not to step on the same rake.

10. Do not invest into token that you have not researched thoroughly. Read carefully about BioCoin before buying it😈 and ask questions here https://t.me/biocoinchat.
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Activity: 280
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If you still have questions regarding what BioCoin is, here is a great review of our token
- http://cryptovod.ru/biocoin-pervaya-legalnaya-kriptovalyuta-v-rf/

Questions could be directed to the chat- https://t.me/biocoinchat.
 And biocoins could be purchased here- https://biocoin.bio/en/invest
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Activity: 280
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Let’s leave the tractors for now. Tom Lee, a famous analyst, co-founder and head of a consulting company Fundstrat Global Advisor, is advising to buy bitcoins. Based on his opinion, it will surpass the dynamics of S&P (shares of 500 biggest US companies) and will double in price by the end of this year.
We are not going to argue with Lee, however will point out an important fact. He(Lee) has not yet dealt with biocoins and their rapid conquest of the world! S&P wishes! Additionally, most analysts agree on the fact that today’s price fall of bitcoin is related to the investors’ interest in altcoins.
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Activity: 280
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Here is what the representatives of “BelAZ” state on their website: “Cash has been slowly disappearing in the past. Bank cards and electronic wallets are coming as replacement. However, a new thing has appeared that could turn the whole financial world upside down. We are talking about virtual money. And first of all, we are talking about bitcoin. It is not connected with governmental and banking centers. Anyone with internet access can use it and pay with it.

OAO “BelAZ” is a management company of “BelAZ Holding” that has always been trying to keep up to date with developments and technology and also make their products more affordable. BelAZ is going to evaluate offers for realization of products for crypto currencies from January 11 through January 30th.”
http://www.belaz.by/press/news/2018/novoe_nestandartnoe_predlozhen/
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We have already written about cows being sold for crypto currency. Now it has come to tractors. Belarus dump trucks manufacturer “BelAZ” is planning to sell their products for crypto currencies.
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Our project is supporting steady development of agriculture. And this is the world’s trend now.
One of the main tasks of the UN by 2030 is to double  the effectiveness of agricultural companies and profits of the small food businesses. The UN is striving to raise by 50% the number of financial instruments that are used for the development of the green economy sector.

It turns out biocoin is a tool for steady development. All of its holders will play an important role in the development of the agro-Industry. And will be able to earn some money on it:)

Here is a link for the UN plans presentation  - https://unstats.un.org/sdgs/files/meetings/iaeg-sdgs-meeting-03/3rd-IAEG-SDGs-presentation-FAO--Goal2.pdf
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What should you expect from crypto currency in 2018?

There are a lot of trends, so we put together the main ones:

1. Growth of trading volume for bitcoin futures. So far the volume of bitcoin futures is not so big, however Nasdaq and Tokyo exchange are planning to start trading bitcoin futures in the first half of 2018.

2. Issue of futures by other crypto currencies.

What is quite interesting is the fact that according to some unofficial data, other crypto currencies, such as Ethereum, Litecoin and Ripple, are planning to issue futures in 2018.

3. Stricter industry regulations

One of the main markets have been and still is South Korea. It is expected that South Korea is preparing regulations for the crypto currency exchanges.

4. Opening of new ETF
Regarding the other hemisphere, there is still a question on whether SEC will allow the creation and launch of ETFs( exchange traded funds).

5. BioCoin has conquered the world😈. There it is all simple and we promise rapid growth:)
sr. member
Activity: 490
Merit: 250

To answer your question, mining is done on POS. There is no definite minimum, but to have the rewards your balance should be at 50,000-100,000 bio and above

Timofey https://t.me/yakushevt can additionally help you with your wallet inquiries.
 Thank you for your prompt response. At the moment I would rather the information that you have provided. On further investigation by me of your project and you encounter any issues, I will turn to managers and specialists in the telegram of your project. At the moment I can say that the project looks quite original, at least in the sphere of real production.
 
member
Activity: 280
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 As far as I know,bio coin coin with POS. Maybe I did not read, but at the moment, the POS wallet is not working. I wanted to ask: why is this possible? Or still mining POW? or what is the minimum number of tokens to put in the wallet? At the moment, writes:"no matching transactions" and within the 500 tokens. Please comment on my question Huh


To answer your question, mining is done on POS. There is no definite minimum, but to have the rewards your balance should be at 50,000-100,000 bio and above

Timofey https://t.me/yakushevt can additionally help you with your wallet inquiries.
sr. member
Activity: 490
Merit: 250
  As far as I know,bio coin coin with POS. Maybe I did not read, but at the moment, the POS wallet is not working. I wanted to ask: why is this possible? Or still mining POW? or what is the minimum number of tokens to put in the wallet? At the moment, writes:"no matching transactions" and within the 500 tokens. Please comment on my question Huh
member
Activity: 280
Merit: 15
Indian press is talking about crypto currencies. What is happening in the world besides bitcoin? Ethereum, ripple and biocoins! Damn, that is nice! http://www.newindianexpress.com/cities/hyderabad/2018/jan/05/classic-sleepers-1745775.html
member
Activity: 280
Merit: 15
An ico web page 10 m is a rising?btc value what is it meaning  BioCoin was purchased for:
$ 10 394 194
Can you please explain what do you want to know?
newbie
Activity: 13
Merit: 0
I hope ICO will be successful and someday your restaurant open doors in Sochi. Please do it asap. Grin
legendary
Activity: 952
Merit: 1006
An ico web page 10 m is a rising?btc value what is it meaning  BioCoin was purchased for:
$ 10 394 194
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