I like when ICOs meet some real world trouble or at least help people who normally loose money due to middlemen and such. This guys came with interesting concept of the way you can rent a micro farm and get stuff from it directly or let farmer for the time of hire grow stuff there that you want.
From what i read seems they already runned real life micofarms business in itialy and now just want to push it worldwide and decentralized.
When you buy produce from the grocery store - you’re buying at far higher prices than the farmer sells it for. Listing fees, middlemen and more drive up the price. And you never truly know what that “organic” label really means.
Now everything will be direct and on blockchain and you will be able to pay farmer directly, in some developing countries people get literally 1-2% of price that its sold for after export.
Demeter wants to connect farmers with consumers in a transparent and decentralized way to cut costs and keep it as a secure smart contract.
Video Explanation
You get cheaper, organic, fresh food. And farmers earn a bit more as well. Sounds like a win-win situation if you like healthy food, and currently, everyone likes it ;)
ICO Terms
You can no pre-register to their ICO and do research as there is plenty of time (25 days) to decide - https://demeter.life/
Whitepaper direct link - https://demeter.life/static/uploads/2017/08/WP_1_2.pdf
Registration now gives 10% bonus and referal link to share with friends when sale starts. Ie you can use this code to get some bonus when buying: ndMe69Vg
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