MVP — have or not?
A big question from all the skeptics, naysayers and those who are betting on the bear market is
1) Does FARM Token have a MVP and if not then
2) Is FARM Token genuine?
Initially I was taken aback by such statements but then after some good evaluation I realized that many crypto investors live outside the USA and they have a different perspective and with this article I am basically trying my best to explain what the FARM Token is and why it is different from what others are offering.
Some stats:
· 89% of all companies in US have less than 20 employees.
· Being self employed is not a bad thing.
· Organic food is big business in the USA
· Many states in the USA are warming up to legalizing marijuana and cannabis edibles/beverages is a new food segment waiting to be tapped.
Now Defending the indefensible 😊
The FARM Token is more like a fund for crypto users. Many might have heard of the term venture capital loosely thrown around many times in the news. But the above questions make me feel that many are not aware what they mean. Venture capital and holding companies are a well kept secret among the rich. They have long enabled them to maintain their status quo. Ever wondered why only the rich got an opportunity to invest in big companies like Facebook, twitter for cheap while others had to wait of them to go public at a much higher appraisal? Venture capital — yes that is what it is. Venture capital enabled the rich to become rich while the poor stayed out of lucrative deals. With FARM we are challenging the status quo and giving you the crypto investor a chance to invest early on into promising food companies. challenge the status quo.
Just like not all projects need blockchain, not all projects need a MVP. MVP’s may give the skeptics a sense of security. The truth is that the “roof of security” aka the MVP is also preventing the project from going big and heaven forbid if the MVP does not deliver then it would be virtually impossible to pivot, and the project meets an untimely end. We all have been there — don’t we?
Also putting too much emphasis on teams especially those who comprise of programmers or so called blockchain experts is like asking for trouble. And we are seeing it unfold in front of our eyes with infighting and bickering at Tezos and Cardano. Also many successful token launches that occurred 7 months ago have vaporized into thin air with investors’ money — your hard earned money!!
FARM is a venture fund and hence not have an MVP. Not having an MVP helps us to diversify and pivot as needed for growth.
Many ICO like Ripple and Ethereum have jumped into venture capital as well— The founders realized the potential and decided that it is a good exit strategy. The truth is they privatized profit and socialized loss. So, if their tokens fail their supporters end up holding the bag while their funds keep making them money!!
We want the best for our supporters hence we would let the funds be managed by seasoned venture capitalists in the food space. The potential far outweighs the risks. Example here and here. But then that is why we have the community that comprised of our Token buyers to make sure that the directors are not reckless with their money.
We are sincere. We want everyone to succeed. Don’t let you ignorance or lack of knowledge get in your way- you have the power of the internet — I have attached links but you can always look and search on your own.
Presale Guarantee: If we do not reach our soft cap during presale then we will fully refund all your Ether within 10 days after close of presale. Peace of mind!!
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