FoodCoin

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Ico logo foodcoin.jpg Global Blockchain Ecosystem for Food
Rating 3.4
Team Vision Product
0 0 0


Summary[edit]

FoodCoin Ecosystem is a blockchain ecosystem, architecturally designed to create a global marketplace of food.

Token FOOD
Price 1 FOOD = 0.0001 ETH
Platform Ethereum
Type ERC20
Accepting ETH
Distributed in ICO 40%
Soft cap 3,000 ETH
Hard cap 125,000 ETH
Tokens for sale 0
Country Switzerland
preICO start preICO end ICO start ICO end
n/a n/a 2017-12-12 00:00:00 2017-12-26 00:00:00


About[edit]

Food, in one way or in another, is the basis for business the activity of any person. Food production and sales are and will be growing as the population grows. Production of reasonable and quality organic products is a problem which becomes more relevant day after day. Small and mediumscale farmers are the producers of local natural food. According to FAO (Food and Agriculture Organization), the world counts with over 500 million farmers. The most of them are small producers.

However, the traditional business models which exist today led the major food brands and agricultural corporations to push the small and medium-scale producers and processors of agricultural products and foodstuffs out from the local markets. The globalization mechanisms help them to tighten their domination easily, using their own material and immaterial resources, on the markets of countries with less developed economies.

Long chains of agricultural products delivery used by transnational corporations, have led to a decline in the consumption of local products. That has led, in its turn, to a reduction of the number of small and mediumscale farms (data from the United States and Europe), increase of the average age of farmers (over 58 years), thus lowering the competitiveness, turning the heavily fragmented market of agricultural products and foodstuffs producers into the market of large corporations and intermediaries.

Therefore, as an example, even in the United States a farmer gets only 16 cents for every dollar paid by the final buyer for the products he has produced. 2 billion of people on Earth (mostly rural population) do not have any access to the banking services and are excluded from the modern economic processes.

We do not set ourselves the task to strive against the transnational corporations, and we don’t oppose globalization. We believe that these are all attributes of the current moment of the development of our civilization. Any form of confrontation leads inevitably to the destruction and losses. But we cannot ignore the economic, social and humanitarian expenses of the existing models.

So, our platform will be put up to provide an equal access to a global market of production and distribution of consumable goods for the large and small producers and consumers of agricultural products and foodstuffs together with the modern financial instruments. This might create a vast market of organic food with fair prices.


Team[edit]

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Gregory Arzumanian
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Sergey Grigoryan
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Konstantin Maratayev


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Anna Maslova
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Said Syakin
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Sergey Boykov


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Dmitriy Tsvetkov


Advisors[edit]

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Mark Meytin
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Liz Reitzig
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Thomas Hal Robson-Kanu


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Masaharu Hayataki



Milestones[edit]

  1. August 2017
    Market research
  1. October 2017
    FoodCoin company establishing in Switzerland
  1. December 2017
    TGE 1-st stage
  1. March 2018
    Website redesign
  1. May 2018
    FOODSCAN launching
    FOODCOIN blockchain v. 1.0 (alpha-testing)
  1. June 2018
    WallOK v.1.0 (alpha-testing)
  1. August 2018
    FOODCOIN blockchain v. 1.0 (beta-testing)
  1. September 2018
    WallOK v.1.0 (beta-testing)
  1. December 2018
    FOODCOIN blockchain & WallOK v. 1.0 (public beta-testing)
  1. May 2019
    Smaco launching (FoodCoin smart-contract system)
  1. December 2019
    DiPay (Payment processor service)
  1. October 2020
    PRORID (product origin authentication system) launching.
  1. December 2021
    DIGID launching (remote identity process)

Ratings[edit]

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-10-18

Rating
Team Vision Product
0 0 0