On Apr 1st, the famous Russian farmer as well as crypto-enthusiast Mikhail Shlyapnikov has launched an ICO for his projection “Kolionovo Ecosystem.” Cointelegraph spoke amongst Shlyapnikov to know to a greater extent than close his aims, motivations as well as what inspired him to apply the Blockchain at his farm.
The ICO is carried out on the Waves platform through the Emercoin service. One mln of Kolions are listed for initial sale during the side yesteryear side xxx days. The fundraising is scheduled to halt on May 1st subsequently that Kolions volition last traded on the stock market.
As stated inwards the White Paper, the projection is aimed at attracting additional investments for development of existing production line as well as a diversity of services inwards Kolionovo hamlet located inwards the Moscow Region.
It is also emphasized that the projection should non last viewed equally an investment opportunity promising high returns - it should entirely last considered equally a crowdfunding tool for evolution of the Kolionovo ecosystem, a scheme of local production as well as consumption, which has been successfully operating for over a decade.
How i little farmer tried to sabotage national monetary system
Shlyapnikov is leading a little life, breeding ducks as well as hens as well as growing all sorts of plants.
He says:
“I don't accept that much of a gratis fourth dimension to dive deeper into studying digital currencies, their emergence, performance, next all these dramas happening inwards the infinite as well as predictions. Of course, I am trying to follow substitution trends as well as novel projects. I accept a laptop which is before long to plow 7 years, an Internet connectedness through a USB modem which is far from stable, I am non quite able to utter unusual languages. But it doesn't halt me. I accept my slice of terra firma where I am working as well as I beloved what I do. Blockchain amongst all its benefits is non an object of adoration as well as worship for me, it is exactly a tool which has a potential to last applied inwards my farmstead. Just similar a badass tractor pimped upward amongst a bunch of cool stuff.”
- Mikhail Shlyapnikov. Photo: Nikita Girin / “Novaya Gazeta”
Long earlier the ICO Kolions accept been inwards circulation used mainly yesteryear the community members of Kolionovo farm, its partners as well as customers. Mikhail Shlyapnikov, the human behind the project, created Kolions to guild transactions betwixt members of the Kolionovo farm.
In 2014 amongst the assist of the local printing fellowship he printed 20,000 Kolions, which basically looked similar loan-certificates. His initiatory similar a shot attracted the attending of the populace prosecution portion which claimed that Shlyapnikov is threatening the integrity of the national monetary system.
When officials from the Central Bank of Russian Federation learned close the illustration they exactly shrugged their shoulders proverb they reckon no damage inwards Shlyapnikov’s invention, equally it’s totally upward to the farmer how to grip a human relationship amongst partners as well as customers as well as through which instruments.
One cannot only pose a moo-cow on the Blockchain
We developed technologies, nosotros taught computers to mimic existent life processes as well as relationship. Now engineering is teaching us to easily as well as continuously ameliorate many organizational systems, simplify complex relationships as well as transform whole industries suggesting innovative approaches as well as models.
The immature but speedily evolving Blockchain engineering definitely has around social dimensions as well as it is interesting to picket the societal comport on it is producing.
A few years agone nosotros entirely thought that application of Blockchain technology is express to the surface area of finances, it is becoming to a greater extent than as well as to a greater extent than obvious that its potential is unlimited.
The Russian farmer shows how it tin transform agriculture. Obviously, i cannot pose a moo-cow on Blockchain, but it tin last used to tame human relationship amongst delineate of piece of employment concern partners as well as clients, piece cryptocurrencies appear to last a perfect musical instrument for financing industries as well as projects all forgotten as well as abandoned yesteryear the state.
Shlyapnikov told Cointelegraph:
“First of all, I'm a farmer. I was interested inwards Bitcoin as well as Blockchain engineering as well as decided to endeavour it inwards my little business. Turns out it's quite easy, useful as well as lots of fun! In March 2017 nosotros collaborated amongst Emercoin squad as well as developed a bundle of ready-made solutions for farmers, providing a gratis as well as opened upward access to it. This production has already attracted around interest. I would enjoin that my enthusiasm is to a greater extent than close the application of cryptocurrencies inwards existent life, rather than phenomena itself. Many people contact me call for questions concerning cryptocurrencies, but I exactly don't accept plenty competence inwards this matter. Perhaps this is i of the reasons why my projection as well as ICO were met amongst irony at this fancy Blockchain party.”
Making digital as well as existent worlds meet
The investments are linear yesteryear nature, thus investing inwards Kolionovo Ecosystem is non close contributing to a unmarried production but rather into expanding as well as growing the existing production. The increment of Kolions cost is proportional to the increment of production volumes. The squad behind the projection also points out that Kolions holders volition last able to buy a number of products as well as goods amongst a discount of upward to 100 percent.
- Photo:Nikita Girin / “Novaya Gazeta”
The substitution payoff of Kolions is that cryptocurrency is non linked to whatever traditional currency, it is linked to actual production as well as serves equally an musical instrument for barter, which is equally erstwhile equally the universe.
With this project, Shlyapnikov suggests to measurement out of the crypto Blue Planet as well as invest inwards something real. The projection is non absolutely risk-free, however, all risks are coming from the existent world, accept zero to exercise amongst attacks yesteryear hackers but rather amongst natural disasters as well as issues related to rule of ICOs equally an investment model inwards Russia.
In i of the interviews to the local media he i time said:
“We promise that the authorities volition non endeavour to intrude into our little experiment inwards our little village. The fact that the experiment is unusual as well as creative does non necessarily hateful that it is illegal. We are working to clearly define the terms of the project. Certainly, in that place are risks - an asteroid mightiness hitting the hen coop.”
Integration of Blockchain moved us from shadow economy
Last twelvemonth the Kolionovo Ecosystem carried an ICO on Emercoin Blockchain. First inwards August partners issued digital equities as well as shares. They allowed attracting long money for improving the production line, investors inwards turns were able to buy farm products amongst a discount.
Shlyapnikov says:
“During the 8 months of this experiment we've got returns of almost eighty per centum which were shared amidst participants. Those who alive inwards Moscow Region have it inwards the course of teaching of a "farm box", those are investors who alive far away are getting their returns inwards BTC. In Dec terminal twelvemonth using the same platform nosotros accept issued digital futures. They are non dissimilar from whatever transactions on blockchain but needed when the production needs to a greater extent than time. For illustration making whiskey or growing trees. With fourth dimension prices for these products are increasing as well as the cost of digital token is growing equally well.”
The entrepreneur says that the mind determination from his experiments amongst cryptocurrency as well as Blockchain engineering is that they blend good amongst existent life, representing an option to banking concern services, to a greater extent than accessible as well as efficient.
He continues:
“This genuinely motivated us to exercise a digital currency of our ain - KLN (Kolion). It is straight connected to the existent production as well as is backed non entirely yesteryear investors' trust but also yesteryear existent Blue Planet assets. In Nov subsequently the crop harvesting, nosotros are planning to direct the turn a profit to back upward our digital currency as well as comprehend investment maturity through purchasing or clearing of our cryptocurrency.”
- Photo: Nikita Girin / “Novaya Gazeta”
Through his tiny experiment, Shlyapnikov has demonstrated the enormous potential of cryptocurrencies as well as Blockchain solutions to last used inwards existent life on daily basis. They let fulfilling principles of P2P interaction to the fullest grade possible, eliminating the demand for middlemen.
He says:
“In our case, nosotros were able to force aside banks, retailers, logistics services as well as controlling authorities. It allowed us to significantly decrease nonmanufacturing costs. Partly nosotros freed the province from the obligation to back upward us. Besides the integration of Blockchain moved us from shadow economy. To protect investments nosotros had to register our assets as well as written report everything publicly. Perhaps this mightiness influence the province to alter their mental attitude towards Blockchain engineering as well as its application.”
Filling the gap betwixt information technology as well as agriculture
The Kolionovo Ecoproject is master copy as well as innovative inwards many respects. First of all, it has started without whatever prior advertisement or media coverage.
Shlyapnikov explains to Cointelegraph:
“My Facebook page was the entirely platform which was actively used for advertisement of the project. Later, of course, in that place were releases on the BTT forum. Interest inwards our projection was growing steadily. Many people who were next the projection from the rattling commencement were rattling supportive. Those who are non that familiar amongst what nosotros are doing thought of it equally of exactly around other scam.”
Shlyapnikov says that around met his projection amongst irony as well as were making sarcastic jokes similar "peasant decided to crash fancy Blockchain party", or "how to brew homemade beer using cryptocurrencies", etc.
He says:
“Opinions vary significantly. One of the officials from the Central Bank of Russian Federation contacted me proverb that they are keeping an oculus on my experiment. I'll repeat myself, but nosotros were able to attract such a huge involvement without whatever promotion.”
- Photo: Nikita Girin / “Novaya Gazeta”
The farmer is following the ideas of anarchism as well as says that it mightiness non ever last possible to exercise an anarchy inwards such a big country, but it is tardily to start amongst a little community.
So far the projection raised $20,000 inwards cryptocurrencies as well as 10 times to a greater extent than inwards fiat. Shlyapnikov shares that the entrepreneur within him is celebrating because this is a huge success. But equally a researcher as well as pioneer of the thought to combine existent life production as well as digital money, he is a fiddling chip confused.
He concludes:
“Obviously in that place is a huge gap betwixt the information technology manufacture as well as traditional agriculture. Ideally, I would await to reckon equal proportions of digital investments as well as those inwards fiat.”
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