FARM (Food And Resource Matrix) will integrate Agriculture with Blockchain technology enabling it for a multidimensional growth in future. FARM will rejuvenate agriculture sector as most profitable commercial business. FARM will root out major problems Agriculture Sector is facing today by induction of various efficient farming models and technology.
FARM intends to change the concept of traditional agriculture and farming practices to run it as a business through Blockchain Technology, in the mean course our business model will be used to establish near Price Stability concept by inducing Value Chain production model of crops in farming and combined production. We will be bringing transparency in the Agriculture sector and organise it.
FARM will be raised as an organisation of reliable source of information, solution providing guide, a blockchain based business development firm, a training and service sector institution, a leading community of advanced farmers, and an agriculture market influencer. FARM will consist of many blockchain based sister organisations which will help our community grow.
We at FARM (Food And Resource Matrix) believe in a decentralised economy and cryptocurrency community. We had started a bounty campaign so that participants can help us tell about FARM to the crypto community, and get free FARM tokens as a bounty reward. In the FARM ICO there will be 28000000 FARM tokens issued in total. As a bounty reward we will distribute 200000 FARM tokens.
By completing bounty tasks you will receive FARM tokens in your My Ether Wallet as per your work.
Here is a brief guideline below of Bounty Campaign and Number of tokens we will be rewarding:
After the ICO ends, your final amount of tokens will be dropped in your My Ether Wallet account. We will distribute 200000 FARM tokens in proportion to the amount of stakes each bounty campaign participant has earned in each category. For example, after counting all Twitter retweets, we will make a table where everyone who reposted will see their personal bounty stakes earned in the Twitter category and so on in other categories. Top performers will also be getting surprise bonus tokens.
A Blockchain is a decentralized, distributed and public digital ledger that is used to record transactions using registers called blocks, with completion of each block an identifier signature is generated and is linked to next block. It uses peer to peer connection and each computer is synced with past mined blocks making this technology resistant to data modification.
A Cryptocurrency is a virtual or digital asset designed with a set of functional codes which act as an exchange medium, it uses cryptography technology to control the creation of any additional units, to verify the transfer of assets involved and secure any ongoing transactions.
The Indian government at this point does not have any regulation guidelines for cryptocurrencies. This might change with time and we are fully prepared on our part for the same. By using/buying any cryptocurrency, you are not breaking any law (Indian). This may however vary from one country to another (self regulation). FARM is liable to pay tax under Indian regulations.
FARM's token will have limited supply of 28,000,000 (28 million) ERC-20 tokens on Ethereum Platform. .
Our ICO PreSale starts on 5th July 2018, you can subscribe us to get a prior email from us before the start of ICO. You will have to send Ether to our Ethereum based ERC-20 FARM token's Smart Contract address, our tokens will automatically be transferred to your ether wallet once you send.
Please note that do not send any ether from Exchanges, send Ether from your Ether Wallet only for which you hold your Private Key and the wallet should be capable of holding ERC-20 token. Any Ether sent to our contract address from an exchange will result in loss of your Ether.
We will put our Smart Contract Address and Code on our Whitepaper, website and other social platforms 10 days before the ICO starts.
Our ICO PreSale starts on 5th July 2018 . We will be launching ICO PreSale so that early investors can join in and take benefit of lower prices. We believe that amount raised from PreSale will help our project initially rise.
You can contact us on our email or call us on our numbers provided at end of the page to contribute in any form as a team member or participant.
Token Buyback and Burn will start in February 2019 on a monthly basis, we will be buying tokens from exchanges and burn them to reduce number of tokens.
FARM token will be listed on major exchanges in September 2018 after the end of ICO. We are in talk with exchanges to list our tokens.