Bananacoin is blockchain project aiming to achieve a core modification of the global banana production industry, similar to how Uber has revolutionized the taxi industry or how Upwork has brought freelancing to a new level. In short, the initiators of the project create processes in the production of organic bananas through the implementation of an economic element in the seemingly completely understood export relations of the product.
Bananacoin is using the proven TGE crowdfunding model, allowing backers to participate in the expansion of production and become holders of Bananacoin tokens (BCO), which can be exchanged after project launch for goods or funds and are expected to more than double in value in 18 months’ time.
After the realisation of the project, Bananacoin tokens will be exchangeable for a certain amount of Lady Finger bananas or equivalent monetary compensation. Because the token is backed by the market value of 1 kilogram of bananas, participants can be certain of the success of the project, as the demand for bananas is constant. Furthermore, Lady Finger bananas are considered to be among the best banana varieties, and the environmentally friendly technologies used in our project ensure that the good will remain an attractive participation and that its price will grow constantly.