AI Coin echoes the CoOP Cultural of another American Business Boom
AI Coin is a modern day success story rooted in history’s industrious communities. Much like the new technologies and business models of Co-Ops and Grain Elevators of yesterday improved the opportunities for yesterday, the blockchain is changing the landscape for investment minded communities today.
The drive north from St Louis to Chicago is a chance to see how wide open this country still is. It’s long miles of fields and open road for hours remind one of the great distance that still exists between people, communities, and markets. It’s a country that was built on the promise of canal system from the Great Lakes to the Mississippi and on to the Gulf. The reality of the promise realized when railroads stretched across the country. A simple drive today give one the opportunity to appreciate the greatest comfort of our day, time, and one can use that time to reflect on the relationship between Chicago’s Market Makers, the out of town Farming Communities, and FINTech Today.
The 1800s were turbulent times with opportunity around every challenge. Between oceans of grains and miles of farmland, sprouted up islands of opportunity. Towns were adopting a Co Op Business model to allow farmers an opportunity to participate in the rewards of a booming industry. Small towns downstate needed to ship their grains upstate along the rail roads. Corns, wheats, and beans fetch the most price so some towns have adopted raising only certain crops. They have access to the train via their downtown, and all they need now is the facility to load and unload the surrounding area’s grains on it’s way to market in Chicago and beyond. So groups of industrious community leaders and local farmers form Co Ops to share in fruits of their collective labor.
According to Wikipedia a Co OP is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise". Basically a group of people working together. Farmers brought in grains. The Silo and Elevator operators weighed and shipped the produce. The accountants handled the books and reinvested profits into the company and eventually the members of the coop.
After Buffalo New York opened its first steem powered grain elevator, Dart’s Elevator in 1843, the upstate New York town was bigger than London and Odessa in global production for moving grains. Barges would park in Elevator Alley for a day to exchange loads and be off for another delivery destination. Everything from the midwest eventually made it’s way to Buffalo, but the more the region grew, the greater the economy, and opportunities for local farmers. The watershed moment being that first Grain Elevator and it’s technology that improved the lives of industrious Americans. Realizing they had to keep up with the times, communities pooled their resources to create their own elevators and silos to take advantage of the growing rewards.
The Premier Cooperative in Champaign Illinois, has it’s roots in 1904 when local Illinois Grain Companies began banding together to take on the economy. They are still going strong over 113 years later. The United Cooperative near Beaver Dam Wisconsin has roots that go back to the 1930s. Since 1889, the Goodwine CoOp has been in operation in Illinois and serving the farming industry. One can still drive to Seneca, Illinois and see an old Armour Grain Elevator preserved for history buffs to relive the past.
These coops and reminders of the past still stand because they have continued to be a successful business model that serves a purpose. More blockchain startups are seeing the power in communities and cooperation. AI Coin has taken the coop model and integrated it into its plan for crypto investing success.
For those who can afford the investment, the AICoin will be more active than other investment coins. One does not simply own one token with AICoin, one owns a piece in the evolving Governance Model that looks to invest in many coins, using new technologies. AI Coin is much like a center with a Grain Silo and Elevator, only gathering and sorting the top performers. AICoin will be trading only the top performing coins on the market. It will be using lessons learned from Aritificial Trading already implemented in legacy markets and combining that tech with the volatile Cryptocurrency markets. This is not a get rich scheme, this company looks to reinvests its earnings into competitive tech and upgrades in capabilities. New AI models and tech companies will be invested in, a forward thinking approach that mirrors Facebook & Google attempts to buy up it’s competition in afterthought. And all that decision making process will go through it’s most devoted and most invested supporters.
Personally, this is another investment opportunity that is out of the ballpark for this humble hustler. But for those in the ranks of financial and crypto investing, I don’t see how AICoin is not in your top picks for 2018. This coin will be trading multiple coins, this coin will be empowered by forward thinking Artificial Intelligence, and more importantly this coin is rooted in a business model that draws on the power of the collective to steer its inevitable success.
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photo from wikipedia
good post and a very interesting venture. thanks for the heads up, I will take a long soak in the bath with this information :)
Great reading for me. I learn a lot from your post. Thanks for sharing.
Great post Jacob! Well written and very interesting.