The initial coin offering ecosystem is currently saturated with thousands of different tokens and solutions. Very few of these solutions, however, are rooted in real-world commerce or products, and instead focus on only intangible digital platforms.
A new initial coin offering, however, is offering investors the opportunity to invest in agricultural production using blockchain-based crowdfunding techniques. Agriculture has been the driving force behind every economy in history for the last ten millennia, a fact which the MilkCoin ICO plans to capitalize on.
In this article, we’ll take a look at the MilkCoin ICO and find out what it plans to achieve in order to help you make an informed decision on whether it’s worth investing in.
What is MilkCoin?
MilkCoin is a relatively straightforward investment opportunity that is focused on using tokenization as a means of generating the capital necessary to create a sustainable agricultural development project based in the Voronezh region in Russia.
MilkCoin plans to create a vertically integrated milk production complex for more than 2,400 dairy cows over a cultivated area of over 3,500 hectares of land. As far as initial coin offerings go, MilkCoin offers an extremely detailed business plan and white paper, and presents investors with the opportunity to invest in the creation of a real-world business.
MilkCoin plans to use their upcoming initial coin offering to ensure the independence of the business from state-owned or large companies. In addition to presenting investors with a unique opportunity, MilkCoin also plans to use innovative and environmentally-friendly milk production techniques that include closed milk production, processing cycle innovation, and formula-feed plant development.
The MilkCoin whitepaper is one of the most comprehensive we’ve seen to date, and can be viewed on the MilkCoin ICO website. In return for their participation in the MilkCoin ICO, investors will be offered dividends that will be calculated using a ratio that incorporates their total token purchase amount to generate both annual and quarterly payments.
The more tokens an investor owns, the larger their dividends, with scaling returns up to 70% annually. The MilkCoin project is supported by large state subsidies, and has passed all governmental approval stages. Boasting full transparency and a ready-made business plan and financial model, MilkCoin is an extremely well-constructed initial coin offering.
The MilkCoin ICO
The MilkCoin ICO will go live halfway through November 2017, and will consist of four different price periods. The first price period will offer MilkCoin tokens for 10c each, which will increase to 12c in the second, 14c it the third, and 16c in the fourth. Finally, the ongoing fifth stage will see each MilkCoin token worth 20c each on an ongoing basis.
The MilkCoin Verdict
MilkCoin is a unique offering in the current initial coin offering environment. There have been very few offerings thus far that offer investors the option to invest in a brick-and-mortar business. If you’re interested in investing your cryptocurrency into a real-world business with a solid plan and white paper, MilkCoin is definitely worth consideration.