I like when ICOs meet some real world trouble or at least help people who normally loose money due to middlemen and such. This guys came with interesting concept of the way you can rent a micro farm and get stuff from it directly or let farmer for the time of hire grow stuff there that you want.
From what i read seems they already runned real life micofarms business in itialy and now just want to push it worldwide and decentralized.
When you buy produce from the grocery store - you’re buying at far higher prices than the farmer sells it for. Listing fees, middlemen and more drive up the price. And you never truly know what that “organic” label really means.
Now everything will be direct and on blockchain and you will be able to pay farmer directly, in some developing countries people get literally 1-2% of price that its sold for after export.
Demeter wants to connect farmers with consumers in a transparent and decentralized way to cut costs and keep it as a secure smart contract.
Video Explanation
You get cheaper, organic, fresh food. And farmers earn a bit more as well. Sounds like a win-win situation if you like healthy food, and currently, everyone likes it ;)
ICO Terms
You can no pre-register to their ICO and do research as there is plenty of time (25 days) to decide - https://demeter.life/
Whitepaper direct link - https://demeter.life/static/uploads/2017/08/WP_1_2.pdf
Registration now gives 10% bonus and referal link to share with friends when sale starts. Ie you can use this code to get some bonus when buying: ndMe69Vg
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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Wow! What an amazing currency! Where did you find out about this @kingscrown?
I am part of a group, called the Earth Nation. We are a planetary alliance of caring people that have launched a humanitarian currency, called Equality Keys.
Our currency is the first cryptocurrency in the world to be distributed by a truly democratic voting process. One vote per person, and we fund humanitarian organizations that provide for people in need, ecocommunities that create rent free living space, and cooperative businesses that fairly distribute wealth.
We also have the worlds first significant basic income program.
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Will you find a moment to look at my content and tell me what you think?
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Good concept! However, I am a bit skeptical about how to introduce blockchain tech to the farmers... not many of them are well-informed and highly educated (beside developed countries). So the market share might be not that big for now.
Hope it will be a good one!
How will delivery be handled? Will it be reliant on individual farmers signing up? I know many farmers, young and old. Technology is not exactly a strong suit.
prolly smart contract but read whole WP to be sure :)
I am more talking about physical delivery of the goods. It would require each farmer to have a dedicated deliveryman or the customer to travel directly to the farm. Both scenarios are bad. Sure driving to farm sounds fun but that would grow old very quick. For the small farmer, outsourcing delivery would also be a hassle. They would have to also hire a secretary to handle any scale. It's asking a lot.
(Stopped here to read whitepaper)
I have read the whitepaper and it say's that the farmer will deliver the goods or you can collect yourself. Farmers would not like the public coming and going. Health and safety.
Honestly it's a pretty poor ICO. It brings nothing to the market that requires it's own crypto. It is making so many assumptions. Expecting farmers and the public to use there crypto for everything that an e-bay clone could do, create the international delivery infrastructure. Because people who live near these farms can already get them at a lower cost so international would be essential in each of the demographics from the white paper.
Is there anything that I am missing?
I was thinking along the same lines. Also just happened to read the following from WOWS : https://betanews.com/2017/10/23/icos-are-a-scam/
So you're saying you could actually better outsource & blockchainize the distribution?
What? lol
Few month ago, I participated to the ecobits ICO who is producing spirulina
http://www.ecobit.io/
and preserving biodiversity.
Every once in a while, an ICO shows up with an actual concept that actually matters in meatspace. This one is one such.
However, there are quite a few unanswered logistical questions like just how many microfarms are we talking about and where would they be located? How do you match supply and demand geographically speaking? You don't want one farm servicing too many people or too many farms with too few customers.
Interesting, but not for me.
I love the idea of this, for sure it will be a very challenging road ahead but fully implemented this could really change the world for the better.
I love the concept of this ICO. We should care about our food and the farmers who provide us our food. Farmers all over the world are suffering because of the giant food corporations who are exploiting the farmers. In last one decade, more than a million Indian farmers have committed suicide, because they were not able to pay back the loans, they took to purchase and grow the GMO seeds of giant international food incorporation, like Monsanto.
Present Food economic system needs to change, otherwise we will die of starvation.
I wish this ICO all the success.
Great content
Thanks for the information this is great job.
For your post propagation.
Upvote/Resteem
Great post and great idea! BUT, farming is outdated and wastes too much space and resources. Why don't they encourage people to set up hydroponics or aquaponics systems in their garden or local area. Now, that would be a truly sustainable change.
Great post and great idea! BUT, farming is outdated and wastes too much space and resources. Why don't they encourage people to set up hydroponics or aquaponics systems in their garden or local area. Now, that would be a truly sustainable change.
i have this one great job
I haven't been impressed with a lot of ICOs, but this one is based on an interesting concept.
I'm impressed.
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its awesome
Great post i really proud of you
and thanks to you carry on bro
love it
Owh. This seems really promising and more ICOs seem to tackle real life challenges which is awesome. But as someone pointed out, technology is not really a strong suit in this field (get it ? haha).
And for this to work it will need a really strong network of farmers so you can get one close to your door and not 2 countries apart...
I'll keep an eye open for this one though =))
hey this is rad, but how would everything be delivered to you? unless you pick it up yourself, but its a great concept im gonna join it once i read the white papaer!
Great information ...
Thanks for sharing
I love this idea and the free market ideas behind it and I think this is the future of farming and agriculture growth in the next 20 years
This sounds promising, but how will this play out and will government get involved because of agriculture.
As a farmer interested in the blockchain, this is super cool. I imagine to really shift the industrial ag paradigm that there will need to be many many small farmers (like myself) who become the nodes of local agriculture. I don't think that shipping food long distances is going to be sustainable or economical, but instead, maybe this project will encourage more people to start small farms in their communities that will be part of a greater vision. Thanks for sharing.
Shipping can also be nodified.
sounds very interesting indeed, thanks for the info.
Nice one
I follow you, and I upvote your post. >>Can you?
Goooooooood Job .....
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King,
This is too awesome! Hitting two flies with one hit or whatever it's called in English.
Daily Learn some new from your post. Love to read it.
nice post, thank you @kingscrown
I want to help in making this. :)
https://steemit.com/paleontology/@parleyekram/dinosaur-poops-show-that-even-herbivores-ate-shellfish
Upvote back please
Awesome post
Good post, thanks for the information.
This is going to be a groundbreaking ICO because the Agriculture sector is completely overdue and in need of a massive haul. It has been a struggle for previous generations to live a reasonably healthy life due to the expensive nature of organic foods. This has the potential to be a very successful ICO because it is riding the wave of living an organic and healthy lifestyle. One of the biggest things that has impressed me about this coin is that it can potentially solve the issue of low income, urban areas not having the money to afford a healthy lifestyle due to the surging prices of organic food stores. Because of this, they end up buying fast foods or foods that are genetically modified which have a direct impact on their health. This coin is going to change the game and hurt a lot of industrialized farming companies like Tyson for example!
I have lately been following your posts. Thumbs up for the educative posts. Yes, together we can fight the centralized currency system.
Is this only for commercial farmers and the like?
Wow, Great Post!!!
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Wow, Great Post!!!
Me gusto mucho tu post
Congratulations @kingscrown!
Your post was mentioned in the hit parade in the following category:
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Hi friend