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https://flows.wtf/draft/975
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@rocketman
@theninemystic how does adding a new erc20 token fix the middlemen exploitations? im confused on the biz model and how adding crypto helps out also why not just use existing stablecoins like USDC for payments? what specific problem does creating FRT solve that existing crypto doesn't? and how does the food processing business model work without the token - wouldn't direct farmer contracts + local processing already cut out middlemen?
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@theninemystic
Yes. Farminterest is a food processing business solving real problems for smallholder farmers who lack stable markets and consumers without access to affordable, nutritious food. By sourcing directly from farmers and processing locally, we eliminate middlemen, boost farmer income, and improve food security. This model already works without crypto and has shown early traction through pilot sales and cooperative interest. Crypto adds value through direct, low-cost mobile payments and programmable incentives for positive actions like sustainable farming and timely delivery. More importantly, crypto enables us to build a community-owned ecosystem. While stablecoins like USDC will be accepted, FRT token isn’t just for payments. It serves as a programmable loyalty and incentive system tailored to our ecosystem and lays the groundwork for future community governance through a DAO. FRT isn’t required for the model success but adds scalable tools for coordination, retention, partnerships, and shared ownership.
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