By Bitcoin.com PR — September 13, 2017 0 2132
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The creators of the Smartlands platform for the tokenization of agricultural assets, based on the blockchain solution and the Agriculture 3.0 concept, announce the ICO of the project.
Smartlands platform founders came out with innovative technology for the agricultural market. The goal of the platform is to create a new class of low-risk tokens, secured by real, highly profitable assets in the agricultural sector.
To date, asset-backed tokens (ABT) are used in various industries (real estate, finance, etc.), but the agricultural market, especially horticulture, has a significant investment potential, as it provides opportunities in the market with high margins and low risks. By definition ABTs are backed by assets which minimizes risks, but ABTs issued within Smartlands will also provide expected returns identical to investment in equity.
The land and the trees are long-term assets, and their price is subject to minor fluctuations in the short term. At the same time, Smartlands makes the most of high-tech and IT solutions, achieving maximum efficiency and transparency.
“Our platform creates common and understandable rules for safe, honest, transparent and accountable investment attraction. In fact, we want to bring benefits of an IPO, currently available only to large businesses, to medium and small businesses,” – says Dmitriy Ruzhickiy, Head of strategy and business development.
As proof of concept, the Platform will launch the first project, which will be implemented on the real assets of the project team. It will be an industrial walnut garden of five thousand trees on 50 hectares area. The project was audited by Deloitte and the USPA.
Smartlands creates an ecosystem of agrotechnological companies, the partners of the Platform, which in the future can be supplemented by the business accelerator.
Smartlands token (SLT) offered during the crowdsale is ERC20-compliant token issued on Ethereum blockchain. According to the roadmap it will be swapped to own Smartlands blockchain token to allow for full envisaged functionality of the Platform. Crowdsale of SLT will start on October 28. while pre-sale on September 28. The bounty campaign was announced on September 7th and will last till the end of the crowdsale.
Development of Smartlands blockchain platform started in late 2016. The goal of the project is to open agricultural markets to the crypto-investors and contribute to the sustainable development of the agro-industrial complex throughout the world. The work is led by an international group of experts in the fields of finance, agriculture, and blockchain. The pilot project of the platform is the walnut garden.
For more information and full technical and market review please visit: http://smartlands.io
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