Foodcoin

Foodcoin

Created using Figma
Created using Figma
Foodcoin Ecosystem is a blockchain ecosystem designed to put up a global marketplace of food and agricultural products on the platform of 1000EcoFarms, using Ethereum technology. The platform is aimed to provide to the large and small producers and consumers of agricultural products an equal access to the global market of production and distribution of consumable goods for and foodstuffs using modern financial instruments.
Risk: High
Dec 12, 2017
Dec 26, 2017
100% completed
$3 061 918
100% goal completed
past
Sep 13, 2017
Dec 15, 2017
100% completed
$3 083 354
100% goal completed
past
  • 1 FDC
    =
    0.01 ETH
Token Details
Ticker
FDC
Accepted Currencies
ETH

About Foodcoin

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.

Features

1000EcoFarms is a business-to-consumer and business-to-business online marketplace for natural food.

The platform provides marketing, order and payment processing services for small farmers and food producers as well as extensive set of additional functions for individual farmers, food buying clubs and co-ops.

Consumers and small businesses around the world are using the platform to connect directly with growers and producers and to purchase fresh, natural food.

Technical Info

FoodCoin Ecosystem will provide a peer-to-peer network of associated nodes based on Ethereum blockchain. Each node stores a complete copy of the FoodCoin blockchain. These nodes are provided in the architecture of a private, as well as an open blockchain structure to maximize the protection against unauthorized modification of data.

Roadmap

  • August 2017

  • Market research
  • October 2017

  • FoodCoin company establishing in Switzerland
  • December 2017

  • TGE 1-st stage
  • March 2018

  • Website redesign
  • Read More
  • May 2018

  • FOODSCAN launching FOODCOIN blockchain v. 1.0 (alpha-testing)
  • June 2018

  • WallOK v.1.0 (alpha-testing)
  • August 2018

  • FOODCOIN blockchain v. 1.0 (beta-testing)
  • September 2018

  • WallOK v.1.0 (beta-testing)
  • December 2018

  • FOODCOIN blockchain & WallOK v. 1.0 (public beta-testing)
  • May 2019

  • Smaco launching (FoodCoin smart-contract system)
  • December 2019

  • DiPay (Payment processor service)
  • October 2020

  • PRORID (product origin authentication system) launching.
  • December 2021

  • DIGID launching (remote identity process)

Activity

Status:
Full Member
MEDIUM
Activity:
392
HIGH
Merit:
100
MEDIUM
Posts:
490
MEDIUM
Views:
10 219
VERY HIGH
Posts:
160
MEDIUM
Followers:
1 469
LOW
Likes:
1 433
LOW
Followers:
1 151
LOW
Tweets:
312
HIGH
Members:
957
LOW
Alexa
Rank:
2 869 090
VERY LOW
Delta:
1 457 897

Team

Verified 0%

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Technology expert and architect
unverified
Experienced journalist, writer and newsmaker.
unverified

Advisors

Verified 0%

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Last News

3.30

risky+
5.0 3
ICO Profile Vision Activity Potential Product Team
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