FoodAndResourceMatrix (OP)
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January 04, 2018, 01:15:03 PM Last edit: April 04, 2018, 03:24:30 PM by FoodAndResourceMatrix |
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FARM (Food And Resource Matrix) is the first Blockchain based agriculture project in India. FARM will integrate Agriculture with Blockchain technology enabling it for a multidimensional growth in future. FARM will rejuvenate agriculture sector as most profitable commercial business. FARM will root out major problems Agriculture Sector is facing today by induction of various efficient farming models and technology. FARM will bring concept of Price Stability for agricultural produce in existence live defying all theoretical hurdle considerations which are connected to demand supply chain through induction of Blockchain Technology.
FARM intends to change the concept of traditional agriculture and farming practices to run it as a business through Blockchain Technology, in the mean course our business model will be used to establish near Price Stability concept by inducing Value Chain production model of crops in farming and combined production.
FARM will be raised as an organisation of reliable source of information, solution providing guide, a blockchain based business development firm, a training and service sector institution, a leading community of advanced farmers, and an agriculture market influencer. FARM will consist of many blockchain based sister organisations which will help our community grow.
FARM is developing a decentralised app for payments of agriculture produce on blockchain which is a part of our price stability concept, app will also include various centralised and distributed services to provide best services possible to consumers and producers. ICO starts on 14th May 2018 Get notified by subscribing us FARM TOKENS AND ICO DETAILS Total number of ERC-20 tokens will be - 1,963,000,000
Total number of Waves based tokens are - 51,000,000
**Waves based tokens are for Pre-ICO and will be swapped 1:1 for ERC-20 tokens before the start of ICO**
60 million ERC-20 tokens will be reserved for Founders and Team members.
Total number of ERC-20 tokens available for ICO – 1,701,000,000 On Waves Platform our Pre-ICO token is named as FARM and it’s asset Id is G5e4Mb8ENRC8Gxturngx1d356TVx3uRfewVu32huLdZC and it is limited to 51,000,000 in numbers. This amount includes distribution of Waves tokens to offline investors.
Pre-ICO of tokens on Waves platform ended on 25th February 2018
Price of Waves based tokens will be set in tiers between $0.3-$0.4 on Waves Decentralised Exchange against BTC, USD and WAVES pair during Pre-ICO period, price in ICO will be 30-70% higher during actual crowdsale. TOKEN DISTRIBUTION – 11% (i.e. 5,610,000) of tokens from Pre-ICO on Waves platform will be reserved by FARM to award Developers, Content writers, Bounty, strategists and promoters.
151 million ERC-20 tokens will be reserved for FARM for 2 years of time for its development in later phase. Total number of ERC-20 tokens hardcap available for public during actual crowd sale is 1,701,000,000 CROWDSALE AND LAUNCH DETAILS **Crowdsale will start on 14th May 2018 and will end on 14th June 2018, countdown timer and smart contract address will be displayed on website.**
Actual crowdsale will take place on Ethereum platform.
DIVIDEND PAYOUTS
28% of the total annual profit of FARM will be distributed to token holders. Dividend will be paid in Ether to eligible Ethereum wallets.
Dividend will be paid every six months and first dividend payout will likely take place in December 2018.
Important- **Investors will have to keep a minimum of 600 tokens in their Ethereum wallets to receive dividends **
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fl32biz
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January 04, 2018, 01:48:07 PM |
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FoodAndResourceMatrix (OP)
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January 04, 2018, 01:59:11 PM |
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Join our Telegram Channel for a healthy discussion
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pratapbhanu
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January 05, 2018, 09:06:20 AM |
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FARM will help agriculture industry grow exponentially by inducing blockchain technology, this will help reduce theoretical failure considerations. FARM will use blockchain from pre-harvest to post-harvest including market management.
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javisblockchain
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January 09, 2018, 05:54:35 AM |
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This is a very good blockchain project for profitable and sustainable future. I think its a good opportunity for crypto community for investment. FARM (Food And Resource Matrix) is the first Blockchain based agriculture project in India. FARM will integrate Agriculture with Blockchain technology enabling it for a multidimensional growth in future. FARM will rejuvenate agriculture sector as most profitable commercial business. FARM will root out major problems Agriculture Sector is facing today by induction of various efficient farming models and technology. FARM will bring concept of Price Stability for agricultural produce in existence live defying all theoretical hurdle considerations which are connected to demand supply chain through induction of Blockchain Technology.
FARM intends to change the concept of traditional agriculture and farming practices to run it as a business through Blockchain Technology, in the mean course our business model will be used to establish near Price Stability concept by inducing Value Chain production model of crops in farming and combined production.
FARM will be raised as an organisation of reliable source of information, solution providing guide, a blockchain based business development firm, a training and service sector institution, a leading community of advanced farmers, and an agriculture market influencer. FARM will consist of many blockchain based sister organisations which will help our community grow.
FARM is developing a decentralised app for payments of agriculture produce on blockchain which is a part of our price stability concept, app will also include various centralised and distributed services to provide best services possible to consumers and producers. ICO starts on 7th February 2018 Get notified by subscribing us FARM TOKENS AND ICO DETAILS Total number of ERC-20 tokens will be - 1,963,000,000
Total number of Waves based tokens are - 51,000,000
**Waves based tokens are for Pre-ICO and will be swapped 1:1 for ERC-20 tokens before the start of ICO**
60 million ERC-20 tokens will be reserved for Founders and Team members.
Total number of ERC-20 tokens available for ICO ? 1,701,000,000 On Waves Platform our Pre-ICO token is named as FARM and it?s asset Id is G5e4Mb8ENRC8Gxturngx1d356TVx3uRfewVu32huLdZC and it is limited to 51,000,000 in numbers. This amount includes distribution of Waves tokens to offline investors.
Pre-ICO of tokens on Waves platform is live and will end on 25th January 2018
Price of Waves based tokens will be set in tiers between $0.3-$0.4 on Waves Decentralised Exchange against BTC, USD and WAVES pair during Pre-ICO period, price in ICO will be 30-70% higher during actual crowdsale. TOKEN DISTRIBUTION ? 11% (i.e. 5,610,000) of tokens from Pre-ICO on Waves platform will be reserved by FARM to award Developers, Content writers, Bounty, strategists and promoters.
151 million ERC-20 tokens will be reserved for FARM for 2 years of time for its development in later phase. Total number of ERC-20 tokens hardcap available for public during actual crowd sale is 1,701,000,000 CROWDSALE AND LAUNCH DETAILS **Crowdsale will start on 7th February 2018 and will end on 22nd March 2018, countdown timer and smart contract address will be displayed on website.**
Actual crowdsale will take place on Ethereum platform.
DIVIDEND PAYOUTS
28% of the total annual profit of FARM will be distributed to token holders. Dividend will be paid in Ether to eligible Ethereum wallets.
Dividend will be paid every six months and first dividend payout will likely take place in October 2018.
Important- **Investors will have to keep a minimum of 600 tokens in their Ethereum wallets to receive dividends **
For Bounty Program, you can fill our GOOGLE FORM and join our Telegram Group for more information.
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Dlugina23
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January 09, 2018, 06:14:27 AM |
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How much eth for 600 token?
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FoodAndResourceMatrix (OP)
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January 09, 2018, 06:32:13 AM |
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You will have to spend around $ 180-$ 190 if you buy in Pre-ICO on Waves Decentralised Exchange, there have been offline investments from founders and team members, and $ 260- $330 in main ICO scheduled from 7th February to receive 600 tokens. Due to high surge in price of ETH and unstable market conditions, price in ETH will be fixed on 1st Feb a week just before ICO. Current value for 600 FARM tokens on Waves will be around 0.17 ETH Thank you How much eth for 600 token?
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javisblockchain
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January 09, 2018, 06:52:16 AM |
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Sounds good, so cheap now But looking at the project I think price will go rocket high when it hit exchanges. When is it scheduled to get listed on exchange??? You will have to spend around $ 180-$ 190 if you buy in Pre-ICO on Waves Decentralised Exchange, there have been offline investments from founders and team members, and $ 260- $330 in main ICO scheduled from 7th February to receive 600 tokens. Due to high surge in price of ETH and unstable market conditions, price in ETH will be fixed on 1st Feb a week just before ICO. Current value for 600 FARM tokens on Waves will be around 0.17 ETH Thank you How much eth for 600 token?
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pakupayung
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January 09, 2018, 07:29:45 AM |
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It's a good idea to apply blockchain technology to agriculture business, moreover this is the first time in India. So it will make it easier for developers to attract people to join this project especially in India. Hopefully, by utilizing blockchain technology base on waves platform can make this project grow and agriculture business become more qualified.
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Parvindb
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January 10, 2018, 08:25:12 AM |
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This project has real potential to change the current situation of agriculture and farming. Maintaining peer to peer connection between producer and consumer can be very easy through blockchain. The revenue model looks great. Applying modern technology in unused farming land is great idea and it's really gonna make money that way.
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pratapbhanu
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January 10, 2018, 08:52:30 AM |
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Yes, it's really a good idea to apply blockchain in agriculture, hope project will bring good results. It's a good idea to apply blockchain technology to agriculture business, moreover this is the first time in India. So it will make it easier for developers to attract people to join this project especially in India. Hopefully, by utilizing blockchain technology base on waves platform can make this project grow and agriculture business become more qualified.
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adotrulez
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January 18, 2018, 11:05:22 AM |
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the project has a nice concept, though nothing that offers more in terms of trying to outpace the other agriculture based projects already in the market.
Another issue I've got is the fact that there's a whole lot of information on what the projects wants to achieve but absolutely NOTHING on how you plan to go about achieving them.
What are the strategies you plan to implement to translate theory to practical?
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Dilireba
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January 22, 2018, 05:57:05 AM |
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IS this the first Indian Blockchain project?
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░▒▓ DFINANCE is New Age of DEFI ▓▒░ ░▒▓ A Non-Code Platform for Decentralized Trading Instruments ▓▒░ ░▒▓ https://dfinance.co ▓▒░
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omwibya
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January 22, 2018, 06:28:45 AM |
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can you guys put in the bonus structure more clearly?thanks.
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FoodAndResourceMatrix (OP)
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February 07, 2018, 08:23:05 AM |
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We were struck a bit due to Indian Financial Budget, whitepaper for the same is being updated, next version will be released soon. the project has a nice concept, though nothing that offers more in terms of trying to outpace the other agriculture based projects already in the market.
Another issue I've got is the fact that there's a whole lot of information on what the projects wants to achieve but absolutely NOTHING on how you plan to go about achieving them.
What are the strategies you plan to implement to translate theory to practical?
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Abal Abal
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February 27, 2018, 05:24:00 PM |
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why spreatsheet in thread is not provided?
the spreadsheet is needed by the member to ensure (accepted or not)
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FoodAndResourceMatrix (OP)
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March 09, 2018, 04:31:51 PM |
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New Bounty Member Registration is closed now. why spreatsheet in thread is not provided?
the spreadsheet is needed by the member to ensure (accepted or not)
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FoodAndResourceMatrix (OP)
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April 04, 2018, 03:31:15 PM |
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Thank you Editor for listing our ICO, we will be soon completing verification and updating ICO listing page
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doggcabconsper
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April 10, 2018, 08:53:45 AM |
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one question to DEV, what is the maximum amount to be collected during the ICO?
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arypklinos
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April 10, 2018, 12:02:54 PM |
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Looking forward to the the development of the project, can see a great potential in the idea of this project.
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