Wake up! The next recession will be the last recession!
-Bruno Block (2018)
By leveraging Blockchain technology, BananaBlocks (BANs) allow you to store, send and receive digital tokens pegged to bananas person-to-person, globally, instantly and securely for a fraction of the cost of any alternative.
BananaBlocks convert bananas into digital currency, to anchor the value to the price of bananas.
Every BananaBlock is always backed 1-to-1 by bananas held in storage. So 1 BAN is always equivalent to 1 banana.
Our reserve holdings are subject to frequent professional internal audits.
Remember that Bitcoins don’t grow on trees, whereas bananas do.
Simple economic concept, banana prices are expected to reach $5000, whereas the value of ETH will go down to $2.
This time I promise to call the selfLock() function to prevent me from starting another ICO.
"A Sane Person to an Insane Society Must Appear Insane."
I’m pretty sure I will make a lot of ether by running this token generation event (TGE). Don’t worry though, I will immediately ditch these permaponzi coins to buy real bananas so that I can protect myself and you all from the collapse.
Each BananaBlock (BAN) is sold for 0.1 ETH and will be fully backed by one banana. This might seem expensive, but I’m actually doing you a favor. Crypto is almost dead, Bitfinex is falling apart and ETH is going to $2.
The ICO is running until 16:00 AM (GMT) Friday 9 November 2018 and is capped by the banana supply of my local supermarket.
ICO period is now over, thanks for contributing.
It’s not cheap to escape this crazy debt-prison you, your friends, and your parents blew up for the past 100 years. However, once food prices explode you will be glad you made your investment.
No, because when the time arrives that you want to redeem your BananaBlocks the debt bubble has popped, the price of oil has skyrocketed, trucks won’t be bringing products into your city and let alone computers won’t be spending energy to secure the blockchain. And without a secured blockchain how do I know that your BananaBlocks are legitimate?
I can’t tell, because that would lead to insider trading. Even if it would get listed I would dump on you, before you and your VC friends are able to dump on the average Joe.
No, I’m just an average investor who has lost quite some money on Oyster (PRL) and built this website for some comic relief. Also I wanted to try out the TGE function of TokenGen.
This was easily done using the smart contract creator TokenGen developed by the team behind Fabric Token. It only costs a few dollars to run your own ICO and can be done in a matter of minutes. A simple guide can be found here: https://fabrictoken.io/how-to-run-an-ico-in-a-matter-of-minutes-tokengen-tutorial/
