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Author Topic: [ANN] Prodeum - Tracking produce on the Ethereum blockchain (Crowdsale Live)  (Read 74 times)
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January 20, 2018, 05:48:46 PM
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Prodeum
Tracking produce on the Ethereum blockchain




Prodeum's Mission
Ever since 1990, over 1400 price look-up (PLU) codes have been
introduced and assigned to a wide variety of produce which has
completely eliminated the need for grocery store checkers to
examine or identify each fruit/vegetable individually. 11 years later,
the International Federation for Produce Standards (IFPS)
introduced a global standard for the use of PLU numbers. In 2018,
PLU codes haven't changed and only share basic information which
is of course their intended use. In this generation of technological
advances, most consumers these days are more health-conscious
and would like to understand exactly where their fruit or vegetables
come from. This is where Prodeum comes in. The goal behind
Prodeum is to work with the IFPS and find a way to overhaul the
current PLU standards. PLU codes should include information for
the consumer from thispoint forward.Besides including information
about pricing, PLU info should include a detailed history of the
produce in question. Implementing Ethereum and the new aPLU
system will benefit distributors,retailers and consumers worldwide.
Soon, consumers around the world will be able to scan any aPLU
code with their phones and instantly receive detailed history behind
their food.

Overhauling the aging PLU process
With the help of the Ethereum blockchain and the IFPS, we will be able to overhaul the PLU coding system.
The PLU process is based on business needs and consumers are normally left out of the process.
Prodeum's goal is to bring detailed PLU system information to the consumer so they have a better understanding of where their food comes from.
While working with IFPS, we plan on working to make the PLU process mandatory in order to protect consumers
from potential harm such as chemical exposure. By introducing aPLU, we can put intelligence behind every future
PLU system and assure the historic accuracy of all produce. Instead of being a system used only for inventory and
pricing, PLU will grow into something much more. The aPLU system also makes future payments with cryptocurrency easy to set up.

Benefits of Prodeum & aPLU
Consumer Safety
Prodeum's goal is to assure
consumersthat the produce they
purchase can be trusted without any
doubts. Produce that has appeared to be
tainted with harmful pesticides &
pollutants will automatically be
purged and destroyed which prevents
the consumer from ever being
exposed.

Trust
When consumers have access to the
history behind their produce, it builds
trust between them and the distributor.
This is beneficial and helpful for smaller
distributors aiming to have a spot in
today's market.

Speed
Tracking produce on the blockchain
streamlines the growth-to-consumer
process.

Fair Data Sharing
Simple connectivity between
distributors, retailers & consumers
who have access to the same data
without restrictions.

Creating Value
Stateful smart contracts keeps all data
stored safely, making Prodeum tokens
valuable to businesses, consumers &
traders.

Creating Opportunity
Plenty of smaller organizations and farmers will be able to gain the trust of consumers by being able to
add aPLU information to their produce.Many people these daysprefer to eat locally and only buy
locally-grown produce. Without adhesives or messy labeling, smaller growers and vendors at Farmer's
Markets will be able to provide aPLU information in the form of signs or flyers. We also see aPLU as a
marketing tool for all growers and produce distributors.

Dual ERC-20 Tokens
Prodeum Investor Incentive Token (PIIT) and Prodeum (PRDM) are both ERC-20 tokens on the Ethereum
blockchain. PIIT is a reward token while PRDM will be utilized to develop and refine aPLU systems. Both
PIIT & PRDM holders will be rewarded for long-term holding.

PIIT
When anyone contributes to the Prodeum
crowdsale, they will receive Prodeum
Investor Incentive Tokens (PIIT). These
tokens are only for initial crowdsale
contributors.

PRDM
Prodeum (PRDM) tokens are the backbone
behind the Prodeum project. These tokens
will be utilized in aPLU trials and eventual
implementation.

Token Swap
Each PIIT token will be exchangable for 1
PRDM token in March 2018 shortly after the
crowdsale ends. PRDM will also be tradable
on multiple exchanges that trade other
ERC-20 tokens.


Token & Crowdsale Information
- PIIT Supply: 54,000,000
- PRDM Supply: 54,000,000
- 1 PIIT = 0.0001 ETH
- 1 PRDM = 1 PIIT
- Soft Cap: 2100 ETH
- Hard Cap: 5400 ETH
- Minimum Contribution: 0.2 ETH
- Crowdsale ends March 13,2018
- PIIT to PRDM trade takesplace March 23rd,2018
- Unsold tokens will be distributed evenly to participants
- PIIT tokens will be delivered shortly after your contribution
- PRDM tokens will be tradable on multiple exchanges


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Concourseq - Crowdsourced due diligence


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January 20, 2018, 06:41:04 PM
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Hi everyone! Just added Prodeum ICO to my website https://concourseq.io/Q/Prodeum. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
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