Community post
CottonCoin An Introduction
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I am CottonCoin a cryptocurrency project that believes in ...
Saving Lives Through Technology
Cotton Coin integrates consumers, supply chain participants and authorities in one ecosystem. It helps to authenticate cotton sources, track delivery, report issues and monitors cotton prices
Cotton Coin runs on the blockchain protocol creates a trusted transaction ledger to integrate consumers, supply chain participants and authorities in one ecosystem. This peer-to-peer payment network can be used as an alternative to fiat currency for instant payment.
Cotton Coin also has a backend growers-to-buyers traceability solution, to be used by over 6,000+ companies, managing more than 400,000 transactions each day and reaching 30 million people through the world with the help of our agents and distributors. A front-end B2B dApp helps to authenticate cotton sources, tracks delivery and monitors cotton prices while a B2C dApp assists consumers in buying cotton directly.
Once ready, our versatile solution will help to improve the distribution of cotton, resolve procurement issues, fight off corruption, support fair trade, and build trust among the cotton supply chain companies, consumers, and authorities in the emerging markets. And most importantly, help to save the lives of cotton farmers.
We believe that building a self-sustainable business is better than any type of government aid.
Please follow us for project updates, Pre Sale and ICO details and for interesting Contests coming your way
You Can Reach us at https://cottonco.in/
Replies (9)
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I grew up in Lubbock, TX and cotton is king there. How is this geared towards American cotton farmers? I like this coin, but outside of Egypt you don't really hear of cotton like you do in America. I do not know to many stuggling cotton farmers so can you please explain how the coin will help save lives of cotton farmers?
Exciting news @everyone
Cotton Coin has just launched an airdrop program where you can easily earn more than 10 FREE Cotton Coins. Click https://t.me/cottoncoinbot now to join! (or find @cottoncoinbot directly on telegram).
The bot will automatically give them options:
Join our main telegram group (4 COTN)
Join our announcement group (4 COTN)
Refer a friend (2 COTN)
Best regards, Cotton Coin Team
Greetings @slappysquirrel
Great question. We will try to answer the best we can.
Corruption is rampant in 3rd world countries. Farmers are the ones who suffer. On top of that, they have to deal with credit issues, inferior crops, no payment, weather among others.
Except for US and Australia, all.r 3rd world countries
If there was a coin like cotton coin, where players in the industry can use as a replacement (or as a supplement) to fiat currency, it would help.
Agents can be appointed in various cities where cotton farms are located. They can assist the farmers.
Instant payment can help the farmer to sustain his business.
Farmer suicide occurs because of debts.
To.encourage the use of cotton coin, the project also comes with an subscription-based app to help buyers verify cotton sources, track delivery, monitor prices, etc. COTN will be the main currency in our ecosystem and can be used to pay subscription, advertising etc.
Hope we've managed to provide you with satisfactory answer. Check out our whitepaper to find more details: https://cottonco.in/whitepaper/
ps. Welcome on steemit.com. We've noticed that you're new member of our community. Please check out our contest organized in collaboration with @crypto.piotr
https://steemit.com/contest/@crypto.piotr/cotton-coin-technology-my-first-sponsored-review-writting-contest-130-usd-in-rewards-pool
Best regards, Cotton Coin Team
https://steemit.com/mgsc/@mb786/cotton-coin-it-s-role-in-the-cotton-farming-and-industry
Thanks I found this very educational and appreciate the feed back.
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