Kraken Exchange Review
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Kraken Exchange Review

Anca Faget - January 20, 2018
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AgriTech Meets Crypto: ATFS Project Launches Long-Awaited Token Sale

AgriTech & Food Science Project is world’s first decentralized initiative built on Ethereum Blockchain and Smart Contracts – connecting Industry 4.0 with crypto.

ATFS Project aims to provide a solution to the world’s growing food crisis through relevant technological developments in agriculture, new revenue base and supply systems as well as providing an alternative to meat consumption.

According to the World Food and Agriculture Organization (FAO), in 2050 the total population is expected to grow by 34% to about 9.7 billion, and the elderly population aged 60 or older by 56% to about 200 million. Seeing as the population is rapidly expanding, there will be a shortage in foods that are made from animal protein. Considering these statistics, ATFS has developed a plan for Smart Farm 2.0, an intelligent farm with deep learning ability to ensure breakthrough productivity, and research & development of Plant-Based Meat varieties in Asian cuisine.

The current agricultural distribution system has many high-cost inefficiencies resulted from the involvement of a large number of middlemen which take away the benefits from producers and consumers.

Our Disruptive Decentralized Platform based on the blockchain technology sets a new standard of agricultural distribution. The DDP’s new type of food blockchains stores the product’s place of origin, producer, region and transactional movements, enabling rewards for producers with higher transparency and consumers to traceable and verified information.

ATFS ICO has a Soft Cap of 12,500 ETH and a Hard Cap of 50,000 ETH, based on our conservative and optimistic financial statement estimates.

Soft cap takes care of land purchase for Smart Farm 2.0, various advanced facilities and equipment for the greenhouse, and the development of DDP. The hard cap goes to the Plant-Based Meat R&D Center and to secure plants for mass production of the substitute meat menu as well as DDP’s expansion into other continental regions.

THE ATFS TEAM is comprised of members from large financial institutions and VC funds like KB and Benex, global management consulting firms like IBM, EY and KPMG as well as blockchain developers, global strategy consultants, and bio-related experts. On our advisory board we have smart farm technicians, IB executives, ICO lawyer, accounting specialists, North American plant protein producer, and global ICO advisors.

ATFS plays the advantageous, first-mover role, bridging the gap between the agriculture industry and the crypto world.

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OFFICIAL LINKS

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