VFARM Revolutionizing Urban Agriculture

By 2020, developing countries in Africa, Asia, and Latin America will be home to around 75% of the city’s population and eight of nine major cities which are estimated to have a population of more than 20 million. To manage agricultural supply chain products as they move, value chain participants need a safe, transparent, trustworthy platform and market. Agro chain management builds networks among key stakeholders and improves delivery, while reducing costs and inefficiencies.

VFarm believes that urban vertical farming is the solution to the main problem above. The idea of ​​building farms stacked vertically on skyscrapers that produce plants twice as fast, while using 40% less power, has 80% less food waste, and uses 99% less water than outdoor fields is definitely a way to progress.

The vertical agricultural market was valued at USD 1.5 billion in 2016 and is expected to record a CAGR of 23.03% during the forecast period (2018-2023). Asia-Pacific is the largest and leading region in using vertical farming in the present, followed by Europe and North America. Although North America and Europe have a large proportion of livestock to use innovative technology in agriculture, the Asia-Pacific region has many investors who are interested in exploring opportunities for vertical agriculture, with increasing concerns about food security because of the growing population in the region. Lack of agricultural land, population growth, and demand for pesticide-free food are the main drivers of the emergence of vertical agriculture.

VFarm is a proven, research-supported urban agricultural technology licensed by Agrosky Sdn. Bhd. (ASSB), vertical agriculture specialist. This system provides a DLT blockchain layer that creates unchanged records for each batch of production allowing source verification, planting, packaging and distribution. This in turn allows ecosystem users not only to have total product traceability on food security but also to encourage social impact through a choice of information about their purchases.

Why VFarm

Urban agriculture provides a complementary strategy to reduce
urban poverty and food insecurity while at the same time addressing the
issue of urban environmental management. This plays an important role in
increasing urban food security especially for
poorer segments of the population. Urban agriculture contributes greatly to
local economic development and helps reduce poverty.
Environmentally, this contributes to the greening of the city and the
productive reuse of urban waste. The growing importance
of urban agriculture is increasingly recognized by
international organizations such as UN-Habitat and FAO (Food and Agriculture Organizations)
World). A study under the FAO project found that natural
resources per head of a growing population will continue
to decline into the future and crop growth potential will become
increasingly limited unless human inventions and technology
intervene

Opportunity

The world’s urban population is expected to double which leads to an increase in the number of urban poor. The expansion of the urban population is more prominent in developing countries as a result of immigration from rural areas, when people flock to cities in search of food, jobs and security. This trend is accelerating, and by 2030, an estimated 60% of the world’s population will live in cities. Rapid urbanization and the harsh reality of urban poverty requires an ad hoc strategy to ensure adequate food supply and distribution systems to overcome the increasing level of urban food insecurity. In addition to increasing demand for food, there is a rapid increase in poverty, unemployment,

In this reality, urban agriculture has become a key component of the survival strategy of the poorer part of the population while also contributing significantly 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.

Pain point

Half of the world’s population will live in the city. It will continue to be a major growth center, hoping to accommodate nearly 5 billion people by 2030. While large cities with populations of more than 10 million are likely to continue to grow in size and number, most of these increases are expected to be absorbed by less than 500,000 and middle 1 to 5 million cities.

• Food security
• Meeting of factors influences food security in urban areas. Urban migration is fast over 60% of the population in 2025 and labor is shrinking in the agricultural sector because the aging farm population causes a situation where only 30% of crop needs can be met by current agricultural practices. Plants play an important role in human nutrition, especially as a source of vitamins, minerals, dietary fiber, and phytochemicals. Low vegetable intake, in an unbalanced diet, has been estimated to cause around 31% of ischemic heart disease and 11% of strokes worldwide.

• Environmental Problems
• Environmental issues, such as scarcity, degradation and contamination of land, water resources and forests generated by unplanned urbanization, are the main issues. Disaster risk increases with a large number of populations that are mostly poor exposed to floods and landslides.

• Livelihoods & Socio-Economic Gap
• Although there is more food available throughout the year and more jobs and social services in urban areas, not everyone can benefit. More and more urban poor face daily struggles to feed their families. Poverty and unemployment are often associated with social exclusion. This means that many poor people do not have physical or economic access to adequate and safe food, or the facilities needed to store and prepare it.

• Nutrition Welfare
• Nutrition and people who move to cities must adopt new methods to obtain, prepare and eat food. Many city dwellers have limited time to shop and cook and they are increasingly dependent on processed foods and snacks, including street food. Poor housing, lack of sanitation and cleanliness and inadequate social services in slums increasingly add to the problem of the poor. As a result, malnutrition and micronutrient deficiencies, coupled with excess nutrition and the increasing problem of obesity and chronic diet related diseases can be found in most cities. This situation is further exacerbated by low physical activity.

City Food Market Infrastructure and Services

To achieve cost-effective food marketing, minimize postharvest losses, reduce health risks and ensure the stability of staple food supplies to cities, efficient market infrastructure such as assembly, wholesale and retail markets, storage facilities, as well as basic handling and transportation facilities and services, very important. Market infrastructure, facilities and services, equipped with new technologies, such as logistics and storage systems and cooled information that tracks inventory, must be planned at the regional, metropolitan, and urban levels.

These factors include:

• Market failure;
• Less developed urban food systems;
• Absence of market transparency;
• Lack of economies of scale along the distribution system; and
• High transportation costs and high physical losses at all distribution levels

Token Sales Information

• Start Public Sales: TBD
• Public Sales Ended: TBD
• Total Token Supply: 375,000,000
• Token symbol: VFT
• Hard Cap: USD $ 10 million
• Price of Basic Token: USD $ 0.10
• Received: ETH, BTC, XRP, LTC

Roadmap

2019 – Q1

• Concept paper
• Commercial paper
• Establishment of Partner Collaboration

Q2

• Beginning of Ladang 1 Construction (Kuala Lumpur)
• Development of White Paper
• Blockchain and IoT Development
• Proof Of Work (POW), Tokenomic
• Construction & Harvest Settlement
• ICO Start

Q3

• ICO Ends
• Commencement of Contract Agriculture
• Start of R & D on Agro Traceability
• Blockchain Development
• Commencement of R & D in the Irrigation System
• Commencement of R & D on IoT

Q4

• Physical Agriculture Development (POC)
• Beginning of construction of Fields 2,3 & 4 (Kuala Lumpur)
• Construction & Harvest Settlement
• Commencement of Agriculture Contract

2020 – Q1

• Expansion to the London market
• Start of construction of Farm 1 (London)
• Construction & Harvest Settlement
• Commencement of Commercialization to consumers

Q2

• Commencement of a VFarm / franchise license
• Construction of Farm 5, 6 & 7 (Kuala Lumpur)
• Construction & Harvest Settlement
• Commencement of Agriculture Contract

Q3

• Construction of Farm 2 starts, (London)
• Construction of Farm 8, 9 & 10 (Kuala Lumpur) began
• Construction & Harvest Settlement

Q4

• Commencement of Commercialization for Consumers
• Commencement of Agriculture Contract

2021 – Q1

• Start of construction of Farm 11 (Kuala Lumpur)
• Construction of Farm 3 & 4 (London)
• Construction & Harvest Settlement
• Commencement of Commercialization for Consumers

More info contact

Situs web: https://vfarm.global
Whitepaper: https://vfarm.global/whitepaper.pdf n                                                                                                                       
Twitter: https://twitter.com/vf4rm
Telegram: https://t.me/Vfarmofficial
Reddit: https: // www.reddit.com/r/OfficialVFarm/
Facebook: https://www.facebook.com/vf4rmcommunity
Github: https://github.com/vfarm
Medium: https://medium.com/vfarmofficial
Instagram: https: / /www.instagram.com/vf4rm
ANN: https://bitcointalk.org/index.php?topic=5156523.0

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