There is yet another ICO around. Except that is is called crowdfunding. You can buy Foodcoin in pre-sale which lasts until September the 6th. During this time you can buy Foodcoin with a 35% bonus.
Warning: the links in this article are referral links. When you join the ICO through them I receive a small commision. So we both benefit. Thank you.
Back to the Foodcoin. The coin will be an ERC20 Ethernet token. It is primarily meant as a currency on the 1000 EcoFarms platform.
To quote the web site:
FoodcoinEcosystem is a blockchain ecosystem, architecturally designed to create a global marketplace of food and agricultural products based on our experience with the active 1000 EcoFarms platform. FoodCoin Ecosystem will be based on the Ethereum technology
We believe that a wide selection of FoodcoinEcosystem component tools will be used by the farmers, agricultural equipment manufacturers, farm product processors, food manufacturers, cafes and restaurants, food delivery services, and other consumers and producers of food and related products to reduce transaction costs, achieve greater efficiency and optimize food systems.
You can read more about Foodcoin in the whitepaper and in the several news articles.
Mind you that some of them are sponsored and basically reiterate the same content.
In the follow up article I'll post atutorial of how you can buy some Foodcoin tokens in the pre-sale. The process is quite straightforward. The possible options to pay with (and receive 1 FdC) are:
Personally I have mixed feelings about it. This could be yet another coin or it could really be an important tool for bridging producers and consumers and bringing them closer together while at the same time providing healthy food products for the reasonable price.
That's why I'll be watching it and also will participate in the pre-sale.