In this article we will take a look at the project, which takes an unusual and unique approach to the use of blockchain technology and encrypted digital currencies.
What is Bananacoin?
Bananacoin is a Blocchin project aimed at achieving a fundamental adjustment in the global banana growing and marketing market. The Bananacoin project seeks to create a new ethrium-based code linked to the price per kilogram of bananas on the international market. This may seem strange at first, but let us understand the spurs behind the creation of this project.
The main objective of the Bananacoin project is to expand the Bananacoin farm, which currently stands at around 100 hectares. It also aims to increase the number and area of banana plantations in the Lao province, especially the banana type, called Lady Finger, which is the world's most sought-after and profitable bananas, with the aim of exporting it to neighboring China, which is a huge market.
Why Bananas Grow?
On the ground, Bananacoin owners can cultivate all kinds of tropical fruits such as mango, kiwi and papaya ... but they chose to grow bananas, simply because there is high demand for bananas in Asian countries in general. Supply due to the suspension of activity of more than 18 certified farms in China after the discovery of violations in safety laws related to the use of agrochemicals.
Bananas exports to China have risen from 42 percent of the total volume of banana exports in 2011-2012 to 88 percent in 2014-2015.
The volume of exports is still increasing, as illustrated by the following chart:
Why invest in the Bananacoin project?
One of the main reasons for Bananacoin's investment is that it is not a startup, but a company that has been in existence for more than three years and has so far been very successful.
Other reasons to invest in this project include:
Bananacoin value will be protected by the market value of each kilogram of bananas produced by the company.
The funds collected from the Bananacoin code sale will be used to increase the area of the Company's farms from 100 hectares to 360 hectares.
Within 18 months, the value of Bananacoin codes will increase due to higher volume of sales.
BCO codes and ICO initial offer:
BCO (Bananacoin) is a symbol based on the ethylene pluchen. This means that you can store it in any ethereal wallet. It will be possible to trade on the trading platforms after the launch of any currency after the ICO. The most interesting feature of BCO codes is the fact that its price will be linked to the price per kilogram of bananas on the market. It may seem strange for some investors to invest their money in the banana market, but when we look at the statistics, we can see that over the past seven years, the price of 1 kilogram of bananas has risen by 4-10% per year, making it not only a stable and safe investment, But also an investment in continuous growth.
The BCO symbols will not only be a negotiable asset, but will make the owner eligible for a share of the benefits of the project.
The sale of ICO codes has already started on November 29, 2017, and will end on February 28, 2018. And has so far sold over 4 million BCO codes.
Select the selling price in BCO 1 = 0.7 USD.
Symbols can be purchased using: Bitcoin, Atrium, PayPal and Bank transfers.