Fieldcoin Ltd to decentralize the agricultural industry

Robert Sole 29 January 2019

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Table of Contents

FieldCoin is a blockchain-based platform that connects landowners with investors and financiers. This makes it easier for property or land transactions to be carried out immediately; without intermediaries and in a safe environment.

Traditionally, at the local level, lands were negotiated by word of mouth; while, in recent decades globalization has alienated owners from local investors. Over the past few years, landowners and agrarian businesses have seen intermediaries progress. A progression that affects both local economies and global markets.

Fieldcoin is using the current legal framework combined with blockchain technology to enable faster and cheaper transactions. In this situational framework, Fieldcoin Ltd. provides sufficient tools to bring back the natural order. A digitalized ecosystem for management and transfer without the high commission costs; a meeting point to trade locally or globally immediately and reliably. There are 2 levels of ownership: «off-chain", to comply with national regulations and"Onchain", registered and tradable on the blockchain. Offchain, means outside the blockchain. Therefore Onchain inscribed in it. In their documentation they detail the operations off-chain As follows:

«Fieldcoin Ltd or a third party company DAO (decentralized autonomous organization) holds the land titles registered in the national land registry. The token holder owns a share of the company that represents the specific land purchased on the platform.»

Digitizing the sector by offering empowerment and infrastructure is Fieldcoin's immediate goal

This is when operations enter the scene Onchain, on the blockchain. Logic prevails and there cannot be many solutions to problems that have haunted us for decades. Sometimes we see how an initial offer does not consolidate the idea presented, for different reasons. That is why the operating ecosystem must be precise and orderly. Creating a stable transaction instrument is the starting point; Harnessing the potential of the blockchain will facilitate the process of trading land. From here, which is the main point ... an ecosystem of incalculable magnitudes opens up.

The agricultural and industrial sectors are inevitably linked for logical reasons. However, the digital divide has widened in this pairing. It requires global solutions that promote the digitization of the sector, solid and reliable. For this, the founders and a large team of professionals have coordinated efforts, with the Fieldcoin platform being the resulting product. A marketplace decentralized global that is wrapped in a whole platform of agricultural services and operations.

Fair empowerment and p2p crowdfunding, first steps to consolidate adoption

FieldCoin will provide a transparent environment where crowdfunding will be promoted. In the face of an improvement in the sector, current innovations and results will be seen progressively. In the agricultural business sector we find a wide spectrum in which to deepen. Online management is something ingrained for the new generations. However, agriculture is a sector in which the more traditional owners and investors converge. Fieldcoin, facilitates in the palm of your hand a global market that operates 24/7. In said market, another use case for the FCO token will take shape, the financing rounds. In the third quarter of 2019, the first agribusiness crowdfunding is scheduled to take place.

The platform will process proposals for improvement, research, escalation and renewal. If we take into account the owners' side, the change is total; nerves in processes with intermediaries are inevitable. Operations with opacity points, waits on charges and abusive commissions can come to an end in a few weeks. Supporting the local farmer requires planning and Fieldcoin will provide agricultural scaling plans. Synergy materializes by supporting modern techniques, enhancing profitability and sustainability. The most realistic and innovative agricultural projects will be chosen; In addition, investors will be part of the equation with their contributions.

A more efficient, liquid and sustainable market that offers economic and social benefits

Fieldcoin Ltd launches its platform offering multiple use cases, linked together via the FCO token. Through the platform, landowners will be able to access a complete diversification of services. Regarding the purchase or sale of land, the panel offers an interactive portal from its software. Connecting buyers across the globe links to a panel geared towards crop management. The panel is meticulously devised, in addition to acquiring offers management on said parcels or lands.

If, on the other hand, you want to carry out the construction of infrastructures or appraise land, the panel itself consists of the necessary section and a large team of professionals available. What offers practically a 24/7 support, something never seen in the most rural sector. In addition to the aforementioned on crowdfunding initiatives, liquidity variants are offered.

The FCO tokens will be considered valid as collateral, providing liquidity in the form of loans to digital token, holders. In terms of liquidity and use case, Depository Network (DEPO) has secured the first place. The decentralized multiplatform collateral network will list the FCO token, accepting it as collateral for loans. By comparison, many landowners receive payments for their crops months late. Therefore, the fact of tokenizing the lands in a p2p ecosystem will offer a time frame according to natural needs. No more waiting for growers to wait for payment for their efforts and harvests for several months. It will end with FCO.

Details on the sale of the FCO token offered by Fieldcoin Ltd

The Erc20 FCO token, whose value has been set at $ 0.05, will be offered in 2 different stages. Of the 1000 million (maximum possible issuance) the sum of 790 can be acquired. The sum is distributed between the initial pre-sale phases and the subsequent public sale; On the other hand, other amounts will be distributed as detailed in the white paper. In the case of the first, the programmed time frame is from February 4 to 12. A short time frame that does not attend to the clueless and offers 100% bonus while stocks last (1.000.000 maximum FCO subject to 100% bonus ).

On April 2, the public sale begins in which different bonuses will be assigned. The first 100 million in public sale of FCO will be subject to a 50% bonus, being the maximum bonus of the public sale. The bonus decreases -10% (+ 40%, + 30%, + 20%…) for every 100 million FCO tokens acquired; In the case of reaching the maximum, the collection will end with the last 100,000,000 million without bonus (+ 0%). From that moment, a new stage begins for all those involved in the Fieldcoin project.

Traceability from land to fork, management 3.0 in a fast and transparent ecosystem

In terms of services, blockchain technology ensures serious difficulties when it comes to falsifying entries or records; Blockchains being almost impossible to manipulate, the advantages over the traditional paper model to manage data records and their manipulation are evident. Hand in hand with these advantages, a whole ecosystem of global renewal enters the scene; based on food traceability. The first to notice it is the final consumer, who enjoys freshness in their daily food guaranteed via blockchain.

The proposed model registers the entrances and exits of food in the block chain; In addition to saving costs on paper and rudimentary traditional methods, it accelerates the mobility of data in an interoperable way, since it is public and everyone can consult the history. Times are changing and new technologies offer greater precision in BigData. In terms of human resources, the fact that the records are stored in a public, reliable and secure manner provides effectiveness and profitability in management matters. In this way, professionals in the sector can spend less time on trivialities and provide higher quality information; both to clients and to farmers and owners.

The platform will promote training and sustainability at local and global levels through The Fieldcoin Foundation

If you find the project presented by Fieldcoin Ltd (London, UK) interesting, we invite you to discover more. From the following official links you can find information about the initiatives of The Fieldcoin Foundation. These include: The program for access to basic services such as water and electricity. Promote local employment through agricultural education and improve logistics by improving infrastructure in prolific areas and their respective roads; facilitating access to areas of interest for the project, local communities and those involved.

Fieldcoin Official Website and Channels: