Senin, 22 Juli 2019

VFARM

The Farm Vertical Technology

Introduction

Rapid urbanization that is happening today goes hand in hand with rapid increase in urban poverty and food insecurity. By 2020, the developing countries of Africa, Asia, and Latin America will be home to some 75% of urban dwellers and to eight out of nine anticipated mega-cities with populations in excess of 20 million.
To manage the agricultural supply chain products as they move, value chain participants need a secure, transparent, trustworthy platform and marketplace. Agro chain management build networks amongst key stakeholders and improves delivery, while reducing costs and inefficiencies.
VFarm believes that urban vertical farming is the solution to the major concerns above. The idea of building vertically-stacked farms on skyscrapers that produce crops twice as fast, while using 40% less power, having 80% less food waste, and using 99% less water than outdoor fields is definitely the way forward.
The vertical farming market was valued at USD 1.5 billion in 2016 and is expected to register a CAGR of 23.03% during the forecast period (2018-2023). Asia-Pacific is the biggest and the leading region in using vertical farming in present times, closely followed by Europe and North America. Though North America and Europe have most farms to use innovative technologies in the field of agriculture, Asia-Pacific region has many investors interested in exploring the vertical farming opportunities, with increasing concerns over food safety due to the constantly growing population in the region. Farmland shortage, population growth, and demand for pesticide residue free food are the main key drivers for the emergence of vertical farming.
VFarm system is a proven, research backed urban farming technology licensed by Agrosky Sdn. Bhd (ASSB), a vertical farming specialist. The system provides a DLT blockchain layer that creates an immutable record for each batch of produce as to enable verification of source, planting, packaging and distribution. This in turn enables ecosystem users to not only have total traceability of the produce on food safety but also drive social impact via informed choices on their purchases.
VFarm’s economic model is based upon Social Enterprise (SE) in line with The United Nations Sustainable Development Goal (SDG). SE are the future of development because it is able to solve some of the development problems that neither donors nor government have been able to solve. These are innovations that involve behaviour change and therefore need to harness all of the energy present at the Base of Population (BOP).
VFarm believes that a community-driven ecosystem that fosters entrepreneurship, fuelled by high- quality content and rewards and hosted on a blockchain- based platform is the solution.
Though vertical farms can never be expected to replace traditional farms, it is likely that they will have to complement each other to meet the food demands of tomorrow. It is economically sensible, environmentally friendly, tech-savvy, and most importantly, health-sensitive. Vertical farming is not a fairy tale anymore, it is happening now!

Issue

The world population is moving to urban areas at an increasingly rapid pace and with it comes food shortages and water shortages, disease and income disparity. From 2020- 2025, dense urban cities worldwide will house more than 4.5 billion people and current agricultural practices can only provide for 30% of the required produce. Such rapid urbanization and the harsh reality of urban poverty require ad hoc strategies to ensure adequate food supply and distribution systems to address escalating levels of urban food insecurity. Besides the growing demand for food, there is a rapid increase of poverty, unemployment, hunger and malnutrition in the urban and peri-urban environment around the world. Within this reality, urban agriculture has become a key component of the survival strategies of poorer sections of the population while also providing a significant contribution 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.

Solution

There is a pressing and urgent need to provide these increased masses with sustainable food. The technology that provides an answer to this problem will be at the epicentre of a USD$317 billion agricultural revolution.
And the answer is a high-density vertical farming system capable of producing 360 times per square foot more produce than conventional farming and is capable of producing plants for food, cosmetics and medicine. The system also needs to be capable of quick deployment to any city in the world.
Ecosystem users can see the environmental (water usage, carbon footprint, nutrient use) impact and socio-economic inclusivity (impact of their purchase decisions). VFarm aims to revolutionize urban farming by licensing VFarm System module globally.
VFarm system can be applied for the planting, production and distribution of plants for the use on food, cosmetics and medical purposes.
VFarm fundament markets of Kuala Lumpur & London comes with the collaboration from it’s stakeholders for the use of stakeholder which owns A-List buildings in the golden triangle of Kuala Lumpur and Central London.

VFarm – “Penetrates the Urban Market”

With the combination of high demands of fresh produce and dearth of suitable urban farming land in the middle of an emerging urban cities like Kuala Lumpur, roofs are increasingly being seen as a plausible space for growing food and a proactive measure in building a sustainable future for cities. Indeed, an abundance of unused rooftop spaces prevails. The location of these rooftops can be carefully chosen for its strategic location, enabling direct tangible connections between farmers and consumers, as the crops will be delivered fresh in an unprecedented time. Besides the communal economic effect, converting rooftops into green roofs has become a rising trend in emerging urban areas around the world, that aims to “scale up” urban agriculture, as well as supplanting inorganic, lifeless roofs with vibrant greenery cityscapes and balance an otherwise bleak horizon of concrete and tar.
In a seamless agriculture production ecosystem, agriculture value chain participants need a secure, transparent, trustworthy platform and a democratic marketplace while the viability of urban agriculture is closely related to its contributions to the development of a sustainable and a resilient city that is socially inclusive, food secure, highly productive and environmentally healthy. A sustainable, secure and transparent agriculture practices are indeed one of the most imperative pillars for the survival of humanity.
With the spirit of human building as our principal guideline, VFarm was initiated to spur the growth of social economic equity through sustainable ideas and projects. By collaborating with relevant stakeholders and strategic technology partners in providing the elements needed (Technology, Construction, Blockchain, Internet of Things (IoT), Branding), we aspire to create a world class human capital growth through our social enterprise economic model.
VFarm recognizes that our economic module is to remain profitable. Without turning a profit, the business wouldn’t sustain and any potential impact would be severely hampered. Nevertheless, we have much bigger goals than revenue and profit, as making a positive impact is an imperative. Our founders are committed in combating social economic inequality by combining social responsibility with entrepreneurship to spur the growth of social economic equity. This has been proven through our economic module as it covers 14 of 17 UNDP Sustainable Development Goals related to agriculture.
VFarm is based on a revolutionary, patented agricultural technology with innovative IoT devices to facilitate the curated growth of crops. VFarm farming technology have been researched, tested, and prototyped by prolific national research institute in 2014, through a “Crop Factory’ incorporated with latest vertical farming and green technologies (such as LEDs, NFT hydroponic system, automated irrigation, and fertigation system, Etc), designed to meet the MyGAP (Malaysia Good Agricultural Practices), GMP (Good Manufacturing Practice) and HACCP (Hazard Analysis and Critical Control Point) specifications and requirements.
VFarm eco-system covers the entire supply chain processes. VFarm DLT blockchain layer makes an immutable record for each batch of produce as to enable verification of source of kernel, planting curation and transport conditions. In our farm, latest vertical farming technology such as the highly efficient LED lighting system with adjustable colour spectrum and lighting power to boosts sugar accumulation in plants giving them more energy to grow is applied. Temperature, irrigation, and nutrient balance are also automatically adjusted for each specific plant variety to allow for the average crop yield with VFarm is higher compared to a greenhouse or the traditional outdoor cultivation. The built-in nutrient solution unit controls and manages the allocation of nutrient elements, while the biofilter nourishes the solution with beneficial bacteria. Through this eco-system it helps to improvise time markets, while reducing agriculture value chain costs and inefficiencies.
VFarm has commenced the build on our first farm in the golden triangle of Kuala Lumpur in May 2019, and is expected to yield the first batch of crops by the end of July 2019. The first farm is designed to produce 20 tonnes of crops monthly which will be marketed through contract farming.

Features

Water and Nutrient
The hydrophonic system is a key part of vertical farming. VFARM specifically uses the Nutrient Film Technique (NFT) where plants are grown in a soilless solution that is recycled from a reservoir. This provides hydration (water), oxygen and nutrients, which are normally found in soil, and are required for roots. In vertical farms the roots are uncovered and exposed to more oxygen, the plants/crops will be able to grow at a faster rate. This NFT hydrophonic system is called a closed loop system and uses 95% less water than traditional farming methods.
LED Lighting
LED lighting gives out light of different wavelengths that target different types of chlorophyll. This increases the amount of sunlight absorbed, therefore making photosynthesis very efficient, thus assisting in achieving the primary goal of vertical farming which is to produce more food per square meter.
Support Structure
Support structure on medium such as cloth, separates the aerial portion of the plants from their roots and gives them support to grow. It is also used for seeding, germination (when seeds sprout).

The VFT Token

The VFarm (VFT) utility token is fully ERC20 compliant and is available for swap with BTC and ETH.
Base token price upon launch of crowdswap is set at USD$0.10.
Any usage of tokens envisaged by this White Paper will only be used in exchange for the products or services on the VFarm platfrom (subject to availability at the discretion of VFarm) and no other function or rights shall be attached to the tokens.

Distribution Of Issued Tokens

40% for BTC or ETH to fund the development & operations
17% will be held in reserve for ecosystem operations
15% will be held in reserve for future expansion
10% will be held by the founders and project team members
5% will be used for marketing
5% will be held by our ICO advisors
3% will be used for bounty during the ICO period
2.5% will be held by advisory panelists
2.5% will be utilized in social accountability 

Roadmap

2019 Q1
  • Concept Paper
  • Commercial Paper
  • Establishment of Partner’s Collaboration
Q2
  • Commencement on Construction of Farm 1 (Kuala Lumpur)
  • White Paper Development
  • Blockchain and IoT Development
  • Proof Of Work (POW), Tokenomic
  • Completion of Construction & Harvest
  • ICO Commence
Q3
  • ICO Ends
  • Commencement of Contract Farming
  • Commencement for the R&D on Agro Traceability
  • Blockchain Development
  • Commencement for the R&D on Irrigation System
  • Commencement for the R&D on IoT
Q4
  • Physical Farm Development (POC)
  • Commencement on construction of Farm 2,3,& 4 (Kuala Lumpur)
  • Completion of Construction & Harvest
  • Commencement on Contract Farming
2020 Q1
  • Expansion to London market
  • Commencement on construction of Farm 1 (London)
  • Completion of Construction & Harvest
  • Commencement of Commercializing to consumers
Q2
  • Commencement on VFarm licensing/franchising
  • Commencement on construction of Farm 5, 6 & 7(Kuala Lumpur)
  • Completion of Construction & Harvest
  • Commencement on Contract Farming
Q3
  • Commencement on construction of Farm 2, (London)
  • Commencement on construction of Farm 8, 9 & 10 (Kuala Lumpur)
  • Completion of Construction & Harvest
Q4
  • Commencement on Commercializing to Consumers
  • Commencement on Contract Farming
2021 Q1
  • Commencement on construction of Farm 11 (Kuala Lumpur)
  • Commencement on construction of Farm 3 & 4 (London)
  • Completion of Construction & Harvest
  • Commencement on Commercializing to Consumers
Author: KHAN SHIQ QHEIL
ETH Address: 0xa809395b84354d256302D97d5C68AaEE9EF84005
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