Bananacoin is a Ethereum based token. Emission of tokens will be connected with the export price of bananas.
The use of token crowdfunding as a mechanism for attracting investments is unique and innovative to the area – it has not yet attained a wide spread.
Tokens will be tradeable on the market, on a global scale, giving you the opportunity to increase investments and to participate in the commodity market.
Bananacoin is protected by the value of the produced asset, which is in high demand – bananas rank fifth in terms of commodity consumption.
On the land we are currently developing we can grow anything – mango, passion fruits, papaya.
However we chose to grow bananas as they are in demand. Plain and simple.
Moreover the demand of our target market – China – is higher than supply due to a recent activity suspension of 18 Chinese supported banana plantations.
The export of bananas to China increased from 42% of the total volume of banana exports in 2011-2012 to 88% in 2014-2015.
We predict that this trend will continue.
Bananacoins are protected by the commodity value of 1 kg of bananas produced by the company.
During crowdfunding the production areas are to be increased to 360 hectares using received funds.
In 18 months the value of Bananacoins will increase due to the rise in sales volume and the dynamics of the cost of 1 kg of bananas.
Additional Bananacoins are injected into the turnover, and operations provided by well-known cryptocurrency stock markets are performed with them.