AgriTech Meets Blockchain: ATFS Project Launches Long-Awaited Token Sale

January 13, 2018

2 min read

The ATFS Project is announcing its solution to the world’s growing food crisis by providing relevant technological advances in agriculture, new revenue base and supply systems and a socially-acceptable 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. It is a reality that there lacks sufficient supply of food to feed the rapidly expanding population, especially in terms of animal protein supply.

In view of this, ATFS has established 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.

In addition, the current agricultural distribution system is a collection of high-cost inefficiencies caused by too many middlemen that 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 is needed for 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. The advisory board of AFTS consists of 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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