I am starting a series of posts with the intention of bringing you fresh information about the new ideas that are flourishing on the blockchain. These ideas are the ones that I believe in that will make our life easier in the future and that are backed by solid projects that are here to stay.
The first one is Demeter project, that got its name from the ancient Greek goddess of the harvest and agriculture, who presided over grains and the fertility of the earth. As the name says, the project is intended to bring farmers and buyers together in an environment that will make possible to skip the middle men.
Now it is time for some facts:
- The token's name will be DMT (not the substance!) and it will be based on the Ethereum platform. This will be the currency to be exchanged between farmers and buyers.
- The prices will be fair because there will be no middlemen (you can read: greedy corporation)
- Concept of growfunding: you will be able to lend a field on a farm where your food will be grown
- There will be a Marketplace: to buy and sell all kind of healthy natural produced food
- There will be ratings and certificates: in order to keep the quality at a high standard, the farmers will be rated by the buyers
- The intention behind all this is to create a community of farmers and buyers who help each other.
I am excited to read about this project, because making a community of like minded people makes it possible for example to be able to see the entire process of growing your organic ecological tomatoes and this is of great value in a world where you can't be sure that the food you put in your plate is the same with what the seller is marketing to you.
Now the project is scaled and the first phase will be in Asia, then in Europe, then North America, then Africa and let's hope it will reach the Worldwide level as planned by the end of 2019.
Now for the blockchain enthusiasts out there, you might want to know that the total supply of DMT will be 200,000,000. There are 30% of these available during a crowdsale that is going to start at November 18th 2017 11:00 UTC. But if you are from USA you can kiss this offer good bye, because due to legal issues, you won't be accepted in the campaign.
Their mission is Micro-farm-to-table made possible - anywhere in the world.
If you are curios about the project and want to learn more you should pay a visit to: https://demeter.life/