An Interview with Alexander Bychkov of ICO Bananacoin

An Interview with Alexander Bychkov of ICO Bananacoin

Q: Hi Alexander, Tell us about yourself
Hi! I’m Alexander, I was born in Moscow 35 years ago. I have 4 kids, 2 boys and 2 girls. I graduated my University in the age of 19 majoring in World Economic Affairs. I was skipping classes at school, taking exams upfront. Being keen of extreme sports, I establish skateboarding and snowboarding hardgoods, shoes and apparel distribution. I did all the marketing for my company myself, as this was that I liked the most. After 14 years in business, I decided to stop and see other opportunities. This is how I found my partner and co-founder of Bananacoin – Oleg Dobrovolsky. We know each other for more than 10 years and getting into bananas business was very exciting.

Q: Tell us more about your team! Do they all have background of crypto?
In our team only technical director has crypto background. Oleg and I discovered the world of crypto currency in January, when we came up with the Bananaсoin project. Of course we’ve heard about the blockchain before, but only then we got the idea how to benefit out business with it.

Q: What inspired you to do an ICO?
We are an organic plantation. We take a great pride in not using any chemicals. In January, we came up with a completely recycling production and began to process the leaves and stems of bananas, isolating fiber from them. This would allow us to do the packaging. Under this case, we wanted to run a small crowdfunding, buy equipment and so on. Arriving to Moscow, we met with an old friend who works on the platform of Waves and he told us about ICO.

Q: How did the idea of Bananacoin come about? Is this something you were doing before?
We are not a start-up. We have been arounf for some time now, so anyone can come to check our business. We use ICO to expand our great concept. Demand for our bananas is greater that we can supply. Simple and understandable. We choose great land of 360 hectare and ready to develop.

Q: What is the cap for your ICO and how did you come to chose that number? What do you think of unlimited ICO’s? How much money is too much money to be raised in an ICO?
To develop 360 hectare we need 7 324 000 USD, this makes our hard cap for ICO. You can easily go to and choose Business plan section. Soft cap is similar to 100 hectare of land. I think that unlimited ICO’s is not a good idea, people should always understand the limits.

Q: If you successfully crowd sell with your ICO, where will your company be based?
We are based in Laos and the land we want to develop is only 5 kms from our current business. So, we will be based in Lao PDR. After we develop our project we are thinking of becoming a platform for agricultural businesses, to help people all over the world.

Q: What kind of blockchain projects would you like to see in the future?
I personally think that more blockchain projects should be connected to real businesses.

Great, thank you Alexander, I appreciate your time and I will be watching the crowd sale intently.

ICO name: Bananacoin ICO

ICO starts on: 29.11.2017

ICO ends on: 30.12.2017

Total # of coins: 14648000

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