
BananaCoin
1. Summary
- Description
-
BananaCoin is a cryptocurrency project that aims to combine blockchain technology with traditional agriculture. The project focuses on growing and exporting bananas, particularly the Lady Finger variety, which is highly valued in China. The cryptocurrency, represented by the symbol BCO, is pegged to the export price of one kilogram of bananas.
BananaCoin is a cryptocurrency project that aims to combine blockchain technology with traditional agriculture. The project focuses on growing and exporting bananas, particularly the Lady Finger variety, which is highly valued in China. The cryptocurrency, represented by the symbol BCO, is pegged to the export price of one kilogram of bananas.
Principles
The project is led by a team including Russian entrepreneurs, Thai agronomists, software developers, and legal experts. The goal is to expand banana production in Laos, initially from 100 hectares to 360 hectares, with a long-term target of 1,000 hectares. The project aims to take advantage of the rising Chinese demand for bananas and to ensure transparency and sustainability in banana production.
Mechanics
The BananaCoin token is designed to represent the export price of bananas. Token holders can exchange their coins for either bananas or monetary compensation once the project is completed. The coin is backed by the market value of one kilogram of bananas, ensuring a stable value. The project operates as a combination of cryptocurrency and crowdfunding, allowing backers to invest in the expansion of banana production and potentially benefit from the increasing demand.
Focus on Sustainability
The project emphasizes environmentally friendly practices and provides support for small-scale farmers in Laos. This focus on sustainability ensures that the banana production process contributes to the well-being of local farmers and communities while maintaining ecological balance.
Market Impact
Bananacoin has gained attention for its innovative approach to combining agriculture and cryptocurrency. It aims to revolutionize the way banana production is funded and executed, potentially leading to increased yields and higher profits for farmers. The project's environmental focus also sets it apart from other cryptocurrency schemes.
Price | |
52W High price | $0.000000000300 |
52W High date | 18th May 2023 (1 year ago) |
All Time High (ATH) Date | 19th Feb 2025 (3 days ago) |
All Time Low (ATL) Date | 19th Feb 2025 (3 days ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $2.00 |
How does BananaCoin's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
---|---|
Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | 6,192 |
Twitter followers | 17,184 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://bananame.me/ |
---|---|
Explorer | https://arbiscan.io/token/0x7985de01b26c1efaba8bf4... |
@Bananamemem |
What is the correct contract address for BananaCoin?
Arbitrum-one | 0x7985de01b26c1efaba8bf4a9971a32dff8661bfb |
---|
Has BananaCoin been audited for security?
No security audits found for this project.
Are you the owner of BananaCoin? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.