COTTON COIN a contribution for the Cotton Industry by @nachomolina

The following material contains some suggestions for Cotton Coin which for reasons of time I could not include in my article “Freedom For The Cotton Industry”.
I hope everyone will like it and will be a contribution for the Cotton Industry …

Growth Implies New Challenges

The purification process of the cotton industry implies new possible investments in the area difficult to pay with Cryptocurrencies, for example:

  • Acquisition of machinery and industrial equipment
  • Payments to contractors or companies for infrastructure expansion
  • Construction of communication roads (railways, land, highways, access roads, avenues, streets, etc.), Also installations for air and sea channels
  • Payments for travel, freight, shipping, parcels, per diem, nationalization of goods
  • Payments related to scientific research for the development of cultivation technologies and irrigation technologies,
  • Environmental impact control
  • Land rescue

In short large amount of activities that require payment with cash for cancellation.

For this I suggest taking into account the inclusion of applications that serve for the exchange of Tokens for fiduciary money or that articulate efforts with platforms in BlockChain that offer these services in a decentralized way without having to resort to third parties reducing the investment costs.

Taking into account that the COTN Tokens are oriented to investments that collaborate with the cotton industry, then this cause is within the range of action of the currency and its uses, perhaps specific mechanisms can be created to channel this proposal.

Contributes To Developing Countries

In my opinion, the Cotton Coin project would be a great help for the developing countries. I could make an extensive invitation to South American nations to join the Cotton Coin cause. This would have a positive impact on their economies while at the same time helping Cotton Coin’s growth.

Recall that in South America is an immense source of ecological resources, as well as its strategic location with access to the Atlantic, Pacific and Caribbean oceans; important for international exchange, being able to reach practically all parts of the world by maritime, air and land means (access to Panama’s chanel).

A Look To The South

The countries of South America also enjoy social and political-territorial stability that keeps them distant from war conflicts such as wars, invasions, collateral effects and territorial disputes. Historically, these aspects have a negative impact on commercial projects and processes on a global scale, where land is the main asset from which the raw material is derived; in this case the cotton.

Water Is A Source Of Life

I take advantage of highlighting that in terms of the high demand for water by cotton crops; South America has hydrological resources of incalculable magnitude, among them the Amazon River can be mentioned:

The Amazon River is a river in South America, which crosses Peru (birth), Colombia and Brazil (estuary). It is the longest and mightiest river in the world and contains more water than the Nile, the Yangtze and the Mississippi together, assuming about a fifth of the liquid fresh water of the planet.

The Amazon River crosses the entire continent watering the land which translates into environmental balance and above all “Life”.

Additionally I must say that the depth and wide flow of this river allows it to be navigable.

Regarding the effects generated by the Global Warming, remember that countries, such as:
Venezuela, Colombia, Ecuador, Peru and Bolivia are located in the intertropical zone where the climate is the most stable in the world in favor of farming activities, even more with the support of science and technology.

Plant A Seed

The distribution of the seed for the cultivation of cotton constitutes a strong element within the campaign in favor of the dignified cause of Cotton Coin. Seeding the fields beyond any border would promote the cultivation of raw materials (cotton), and could add new decentralized entrepreneurs.

For example, the shipment of seed to agricultural settlements located in remote areas far from the cities, where the communities are poorer or of low resources, which are waiting for a reasonable economic activity that allows them to support their families.

Surely they would reward with gratitude this show of inclusion for people who have never been taken into account, who have been marginalized by private companies and governments for decades.

Innovation Makes The Difference

For this I have a somewhat ingenious proposal that I do not want to mention. Perhaps an application can be included in the system interface where accessing users can generate rewards in seeds.

A charismatic way to attract the user and start it in the cotton culture. Supported by the infinite possibilities offered by BlockChain. The user would already be incorporated into the work with Cotton Coin, constituting a free and decentralized way of generating employment and strengthening the user matrix.

“Taking as reference the above, not only would we be delivering a seed, but potentially each seed represents a possible cotton plant that adds to the development of the cotton industry

Thanks for read me
@nachomolina

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