We will provide Article to present the “ VFarm” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.
The world population is moving to urban areas at an increasingly rapid pace and with it comes food , water shortages, disease and income disparity. From 2020–2025, dense urban cities worldwide will house more than 4.5 billion people and current agricultural practices can only provide for 30% of the required produce. Such rapid urbanization and the harsh reality of urban poverty require ad hoc strategies to ensure adequate food supply and distribution systems to address escalating levels of urban food insecurity.
Besides the growing demand for food, there is a rapid increase of poverty, unemployment, hunger and malnutrition in the urban and peri-urban environment around the world. Within this reality, urban agriculture has become a key component of the survival strategies of poorer sections of the population while also providing a significant contribution to the urban fresh food supply chain. Urban agriculture is also a source of employment and income, and has the potential to improve the nutrition of disadvantaged urban residents.
VFRAM have a good consept because on there the platform as well and leading better in management of growing the quality on market agriculture for better guys , we know demand in today is very high and the combination of technology for support the all ecosystem make establishing so that will make comfortable for all user for became on the platform .
VFRAM giving solution ojn agricultural , likes management on supplying th efood as well , product quality and then security system and then transparancy system ,and guaranted the platform so that will make as well .
Do you know guys the VFRAM have a good feature . likes the controling of delivery system and then reducing of the cost on interaction transaction and then getting more benefit for all stakeholders and earning inefficiencies .
that will make interested for all new user for became on the platforrm , with VRAM giving solution on make the market strategy for growing and then we know accelerations of the platform is very well the platform is very fast and powerfull , and management of the risk as well and then VFRAM have a good infrastructure and good decentralized network .
VFRAM giving more benefits and profitable for growing the market plan strategy , we know VFRAM make evolution likes management , good in patnership and trusted the platform .
Now lets present the technology implementation for make the establishing platform , blockchain technology impact with the blockchain make all organizing the quality of the platform as well , transport data as well , and then analysis on more problem very well and fast in accelerations .
Do you know VFram have best system , first you must to see the Modular user interface engine on the platform very well , and then application layer as well , and then management token as well , and use Agro Traceability blockchain .
MARKET Opportunities
The world urban population is expected to double leading to a growing number of urban poor. The urban population expansion is more pronounced in developing countries as result of the immigration from rural areas, as people flock to the cities in search of food, employment and security. The trend is accelerating, and by the year 2030, it is expected that about 60% of the world’s population will be living in cities. Such rapid urbanization and the harsh reality of urban poverty require ad hoc strategies to ensure adequate food supply and distribution systems to address escalating levels of urban food insecurity. Besides the growing demand for food, there is a rapid increase of poverty, unemployment, hunger and malnutrition in the urban and peri-urban environment around the world – issues that are of great concern to central and municipal authorities.
Within this reality, urban agriculture has become a key component of the survival strategies of poorer sections of the population while also providing a significant contribution to the urban fresh food supply chain. Urban agriculture is also a source of employment and income, and has the potential to improve the nutrition of disadvantaged urban residents.
Water use and reuse for urban agriculture
Water use has been growing at more than twice the rate of the population increase during the last century. In rapid growing urban centres, water has become a fragile and scarce resource in a competing environment. In marginal zones of megacities, often characterized by a high incidence of poverty, many people practice agriculture on a very small scale to satisfy their basic food needs. With placing demands on water allocation to support urban communities’ livelihoods, agriculture has respectively grown with urban irrigation mainly as an “informal” activity practiced by individuals and farmers’ associations.
Localized sources of water, which include groundwater, streams, urban drains, piped water and (un)treated wastewater, in urban centres of low to medium-income nations are likely to be severely contaminated due to the concentration of habitation with rudimentary sanitation arrangements and unregulated municipal and industrial effluents. Management of water resources has become an urgent issue as urban farmers often apply water from municipal sewage, mostly in its untreated form, to irrigate and for plant nutrients, thereby increasing the risk for illnesses to both the farmers and the consumers. Furthermore, the destruction of shallow riverine and coastal aquifers, through over-pumping and pollution, has greatly added to the water crisis in many cities.
Urban food market infrastructure and services
To achieve cost effective food marketing, minimize post harvest losses, reduce health risks and ensure an adequate stability of basic food supply to cities, efficient market infrastructure such as assembly, wholesale and retail markets, storage facilities, as well as basic handling and transport facilities and services, are essential. Market infrastructure, facilities and services, equipped with new technology, such as refrigerated logistics and storage and information systems that track inventories, should be planned at the regional, metropolitan and urban levels.
Such factors include:
market failures;
poorly developed urban food systems;
the absence of market transparency;
a lack of scale economies along the distribution system; and
high transport costs and high physical losses at all levels of distribution
Urban food marketing
As cities grow in population and area they require more extensive infrastructure and enhanced rural urban linkages and marketing arrangements to bring increasing quantities of food to consumers. In reaching urban consumers, food passes through a variety of marketing and organizational systems and in many developing countries, several factors generate additional costs and raise consumer prices.
Food security concerns are especially important in cities in developing countries where urban poverty rates often exceed 50 percent. The cost at which poor urban households access adequate food is determined not only by private sector activities and investments but also by the way the public sector – central and local governments – intervenes in the food marketing system and addresses constraints limiting the efficiency of activities.
Expanding urbanization leads to increased competition for land on the urban perimeter. This, combined with rapid urban population growth, has led to food supplies having to move over greater distances. Furthermore, increased food supplies have led to greater traffic congestion and pollution, and to stress being placed on the unimproved and overloaded food distribution systems and market infrastructure. New, improved and expanded marketing facilities are also required due to changing food consumption habits, an increased demand for convenience and processed foods and the greater concern for food quality and public health. For low-income families, decentralised food marketing facilities providing easy access to food supplies are essential, as the further the distance from markets, the higher the time and transport costs.
Fresh Foods
Growth of urban populations, changing consumer perceptions about food safety and quality, together with increases in urban income and purchasing power, have led to a shift away from consumption of staple carbohydrates and highly processed foods, towards a demand for higher value, fresh and minimally preserved foods (especially fruit and vegetables) which are perceived to be nutritionally superior.
This provides opportunities for improving supply chains for fresh produce, ensuring higher quality and safety for consumers, and better returns for producers. Fresh foods consumed by urban consumers come mostly from rural areas, and as cities expand, so does the length of the rural-urban supply chain.
Social Impact based consumption
Consumers are more attuned now to how the choices they make about the things they use will impact the world around them.
Giving consumer the ability to make informed decisions and choices about the produce they use creates affinity to the source and channel of consumption.
The social factors that can be tracked include:
Carbon footprint;
Water consumption;
Farmer’s socioeconomic condition; and
Nutrient usage
Technology
Introduction
With global demand for food set to rise by at least 60 per cent over the next 35 years, agriculture is poised for another revolution. The major issues affecting the sector in the 21st century, including food security, depleting natural resources, climate change, genetically modified crops and changes in global eating habits.
Enter vertical farming – the idea of building entire skyscrapers occupied with vertically-stacked farms that produce crops twice as fast, while using 40% less power, having 80% less food waste, and using 99% less water than outdoor fields.
Components
Four main components form the pillar of VFarm. These four pillars support a firm foundation for an efficient production of crops and a robust VFT token utilization ecosystem.
The four pillars comprise of the following:
Application
For marketplace, verifier and user dashboard
Agriculture Blockchain
Planting Data and Transport Data
Token Usage
For supply chain and analytics data access
Vertical Farming
Smart Irrigation and IoT sensor
Vertical farming is defined as when plants or crops are grown inside of a skyscraper greenhouse or on a vertically Revolutionizing Urban Farming inclined surface. A vertical farm is any building that grows plants and is higher than a single storey.
Features
Water and Nutrient
The hydrophonic system is a key part of vertical farming. VFARM specifically uses the Nutrient Film Technique (NFT) where plants are grown in a soilless solution that is recycled from a reservoir. This provides hydration (water), oxygen and nutrients, which are normally found in soil, and are required for roots. In vertical farms the roots are uncovered and exposed to more oxygen, the plants/crops will be able to grow at a faster rate. This NFT hydrophonic system is called a closed loop system and uses 95% less water than traditional farming methods.
LED Lighting
LED lighting gives out light of different wavelengths that target different types of chlorophyll. This increases the amount of sunlight absorbed, therefore making photosynthesis very efficient, thus assisting in achieving the primary goal of vertical farming which is to produce more food per square meter.
Support Structure
Support structure on medium such as cloth, separates the aerial portion of the plants from their roots and gives them support to grow. It is also used for seeding, germination (when seeds sprout).
System
VFarm System Components
The VFarm System consists of the following components:
VFarm Modular User Interface Engine
VFarm Application Layer
VFarm Token Management Layer
VFarm Agro Traceability Blockchain
The VFarm Modular User Interface Engine
The VFarm User Interface Engine is where all interactions with the user is performed, and is design for ease of use.
The engine allows VFarm to be deployed on a multitude of devices while retaining the user experience unique to the platform. Platforms that have been deployed on and planned are:
Mobile (IOS and Android)
Browser based
This strategy allows VFarm to be accessed by users on the device that suits their immediate need and availability.
About Token
Token Name & Symbol: VFT
Platform: Ethereum Platform (ERC-20)
Price in ICO: 0.10 USD
Tokens for sale: 150,000,000 VFT
Total Supply: 375,000,000 VFT
Investment Information:
Minimum Contribution: Amount equivalent to 500 VFT tokens
Distributed in ICO: 40%
Hard Cap: 10,000,000 USD
Distribution Of Issued Tokens
A total 375,000,000 VFARM (VFT) will be generated.
All tokens held by founders, project team and advisory panelist will be reverse vested over 12 months with monthly vesting windows.
Unswapped tokens at the end of the ICO period will be placed under reserve for ecosystem operations.
40% for BTC or ETH to fund the development & operations
17% will be held in reserve for ecosystem operations
15% will be held in reserve for future expansion
10% will be held by the founders and project team members
5% will be used for marketing
5% will be held by our ICO advisors
3% will be used for bounty during the ICO period
2.5% will be held by advisory panelists
2.5% will be utilized in social accountability program
Bonus
A Pre-ICO stage will be conducted with a 30% bonus for a minimum swap of 10,000 tokens.
Usage Distribution
Of the USD$ 10 million that is attributed to this ICO exercise, the following is the usage distribution:
40% of contributions will used for construction of the VFarm System in Kuala Lumpur.
31.5% will be used for the Agro Traceability Blockchain development.
11.5% will be used for IoT Systems R&D.
8.5% will be used for Irrigation Systems R&D.
8.5% will go towards site rental cost.
Roadmap
2019
Q1
Concept Paper
Commercial Paper
Establishment of Partner’s Collaboration
Q2
Commencement on Construction of Farm 1 (Kuala Lumpur)
White Paper Development
Blockchain and IoT Development
Proof Of Work (POW), Tokenomic
Completion of Construction & Harvest
ICO Commence
Q3
ICO Ends
Commencement of Contract Farming
Commencement for the R&D on Agro Traceability
Blockchain Development
Commencement for the R&D on Irrigation System
Commencement for the R&D on IoT
Q4
Physical Farm Development (POC)
Commencement on construction of Farm 2,3,& 4 (Kuala Lumpur)
Completion of Construction & Harvest
Commencement on Contract Farming
2020
Q1
Expansion to London market
Commencement on construction of Farm 1 (London)
Completion of Construction & Harvest
Commencement of Commercializing to consumers
Q2
Commencement on VFarm licensing/franchising
Commencement on construction of Farm 5, 6 & 7(Kuala Lumpur)
Completion of Construction & Harvest
Commencement on Contract Farming
Q3
Commencement on construction of Farm 2, (London)
Commencement on construction of Farm 8, 9 & 10 (Kuala Lumpur)
Completion of Construction & Harvest
Q4
Commencement on Commercializing to Consumers
Commencement on Contract Farming
2021
Q1
Commencement on construction of Farm 11 (Kuala Lumpur)
Commencement on construction of Farm 3 & 4 (London)
Completion of Construction & Harvest
Commencement on Commercializing to Consumers
Team
Rizzall Salleh: Research Director (Dana Asia)
Iskandar Zaffa: Executive Director
Tarmizi Ibrahim: Chief Executive Officer
Rahman Roslan: Brand Director
Shukri Ahmad: Chief Farm Officer
Faizal Shebli: Blockchain/Big Data Specialist
Qayyum Roslan: Chief Marketing Officer
Fadli Saad: Chief Technology Officer
Advisor
Ong Ying Ping: Legal Advisor
Carol Tan: ICO Marketing & PR Advisor
Nur Syukri Zakaria: Blockchain Advisor
Rashdan Ramlee: Blockhain/ICO Advisor
For more detailed information see the links below:
Resources:
Website: https://vfarm.global/
Whitepaper: https://vfarm.global/whitepaper.pdf
Two-Pager: https://vfarm.global/summary.pdf
Community:
Website: https://vfarm.global/
Announcement thread: https://bitcointalk.org/index.php?topic=5156523.0
Medium: https://medium.com/vfarmofficial
Telegram: https://t.me/Vfarmofficial
Facebook: https://www.facebook.com/vf4rmcommunity
Twitter: https://twitter.com/vf4rm
Author: Zeus09
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