1000 Ecofarms

Interview with Yuri Smirnov of Eco-Minded Club

Cryptocurrencies are still not used very widely in the real world. Trading commodities using cryptocurrencies, even the most common ones, is still quite challenging. 1000EcoFarms' partner FoodCoin EcoSystem is working on bringing cryptocurrencies to be easily used for agricultural transactions. And the first such transaction using their innovative FoodCoin cryptocurrency has just taken place using 1000EcoFarms platform.
Interview with Yuri Smirnov of Eco-Minded Club
FoodCoin EcoSystem asked the seller Yuri Smirnov of Eco-Minded Club from Krasnodar region of Russia to describe his experience with using cryptocurrency for payment and his thoughts about it. We are republishing his interview with Anna Maslova that could be interesting to many other farmers and producers at 1000EcoFarms.

Hello Yuri! Your first sale in FoodCoin is an important event for the cryptocurrencies world, as well as for the food industry. I congratulate you and I am very excited to discuss it with you.

Hello Anna!

It has been quite some time since I deal with cryptocurrencies, and it got me interested as I see that they make future. Anyway, in a matter of 5 or 10 years, or even earlier, and I suppose that most vendors will be using cryptocurrencies to trade. That is why we should look towards the future. When I found my first customer, the initial price was in euros, but the customer proposed to pay in cryptocurrency, in FoodCoin. I agreed because I was interested in how it will happen. First experience is always crucial.

We agreed on the price and made the transaction in FoodCoin, and then I sent the purchase. It was first experience for me. I am very interested to see how it will be developing and watch for the results, like what will happen with cryptocurrencies and especially with FoodCoin in a month or in a year. As I see that cryptocurrencies make the future, it really gets me interested.

It turns out that this deal was basically an experiment, wasn’t it?

It’s an experiment, and I don’t know what it will be like in a month. FoodCoin is a young coin after all. Probably, in about half a year, I will be making other deals in FoodCoin too. Anyway, I plan to raise a good amount of them for the future.
Interview with Yuri Smirnov of Eco-Minded Club
Were there any difficulties compared with sales using common currencies?

The only challenge I had was matching the price in euro with the price in crypto, as the Ethereum or Bitcoin price are quite volatile. However, we arranged it, agreed and made the transaction in FoodCoin.

This feature will soon be implemented on the website. The prices will adapt automatically. You will see the price not only in euro, but also in Bitcoin, FoodCoin and other currencies you specify, according to the prices on leading exchanges. How do you think, will it simplify the task?

Yes, I think it will be pretty convenient. If you see the price rates in FoodCoin and USD, EUR, BTC or ETH – it would be great.

How will you use the FOODs you received as payment?
Most probably I will use it for other deals, maybe not linked to 1000ecofarms only, maybe in very different fields.

By the way, regarding 1000ecofarms: what do you think about the idea to gather many farmers on one big platform? For me as a buyer, it would be convenient to come to a place where I can buy everything I need within one website. But will it be convenient from the farmer’s perspective?

I think that it will be another way to sell their goods. It doesn’t mean, of course, that the farmer must count on 1000ecofarms only. It’s obvious that he or she will use other possibilities to sale, for example, on own website or other ones. I think that it’s a good marketing option for the farmers. Especially, if there are many buyers and farmers ready to use this platform. Personally, I recommend my fellows to join too, so they can have another option to market their goods.

Can you tell, if it’s not a secret, what did you sell in your first deal with cryptocurrency?

It was honey. The honey produced locally, here in Krasnodar region. 9 kilograms of honey without thermal processing. The processed honey loses its properties, so it was raw honey, an organic and natural product. It’s really important. I think this is what 1000ecofarms platform was created for – so the people could trade organic products.

I remember us talking some time ago about your life view about how a person should live in harmony with the nature and other things, and it combines with your striving towards the future and new technologies in a very interesting way. How do you think, will it be complicated for the farmers and real businesses to apply blockchain? Do new technologies make feel uncertain, or interested?

It may frighten somebody who is far from new technologies, gadgets, etc., and I am sure there are plenty of such people. As for me, I believe this process is inevitable. Today, most people who trades food are gradually implementing Internet, gadgets like smartphones and tablets. Even desktop PCs are not so relevant. The process will only go on, and the people will use new technologies more and more often. We want it or not, we’ll all have to adapt, and the sooner we understand it, the easier will it happen in the future. This is why I’ve decided to begin now. The sooner, the better.

As you know, FoodCoin is specialized for this type of deals. During this year, when we develop our own blockchain, it will be possible to prepare smart contracts that will allow to track deals being made, and make payments as it is completed. There will be also a cryptowallet for the token and a payment processor for fast and safe payments. Will this toolset be useful for you as a seller, or you think there should be some additional subsystems or functions?

I think that these functions will be quite enough for the start. I mean, I understand that creating a new cryptocurrency takes time. One year or a half it’s OK. People may be unsure in using cryptocurrencies as it may take some time for the deal and technical processes to be made, etc. It is a normal and natural process though, and I think it is worth waiting half a year or a year when these upgrades are made. I am ready to make other deals in FoodCoin after or during this process. If there are buyers, then why not.

To learn more about FoodCoin EcoSystem visit their website at www.foodcoin.io. And to sample Yuri Smirnov's products available at 1000EcoFarms, please visit the storefront for Eco-Minded Club.
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