@USDD - Decentralized USD #USDD以稳见信 The project may have been too optimistic about investor interest and cryptocurrency prices. Additionally, the developers appeared to rely on advertising that their plantation was environmentally friendly but provided no evidence that it was.

What Is Bananacoin Worth?

The project Bananacoin (BCO), the first token using that name, ended in February 2018 and disappeared by December 2018.

What Does Bananacoin Do?

Bananacoin was an attempt to issue a token to raise funding for a supposed banana plantation project.Other critics noted that while the project's white paper claimed that tokens could be exchanged for goods or equivalent monetary compensation, the backers failed to elaborate on how redemptions would be handled or make provisions for audits. It's also worth pointing out that many investors were not likely to want large quantities of highly perishable bananas when they redeemed their tokens.