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Farm2Kitchen IEO

Ongoing ICO
Apr 22, 2019 – Jun 20, 2019

Farm2Kitchen is building a decentralized Food Traceability platform on the Blockchain for the Food Distribution industry.

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Farm2Kitchen IEO ratings

ICOrating.com Farm2Kitchen IEO icorating
Hype score Low
Risk score High
Investment rating NA
ICObench.com Farm2Kitchen IEO icobench 4.3 / 5
ICOmarks.com Farm2Kitchen IEO icomarks 9.3 / 10
TrackICO.io Farm2Kitchen IEO trackico 5 / 5
ICOholder.com Farm2Kitchen IEO icoholder 4.4 / 5
Our rating
9.2
Claim admin rights for this ICO

Overview

Project industry Trading & Investing
Product type Platform
Founded Estonia

Features

Mission Statement

Farm2Kitchen's mission is to provide the consumer with highest quality of fresh produce which is responsibly grown and delivered guaranteed fresh. This platform has the goal of creating an ecosystem that brings various Food Supply Chain parties like the food growers or producers, packagers, distributors, processors, dealers, grocers, restaurants, end consumers, financial institutions and other participants under a decentralized platform powered by Blockchain technology and Smart contracts to add the necessary trust and security to the value chain. Our efforts are to ensure that our products and services will exceed the expectations of our customers.

Our Vision

Since 2015, our team has been actively involved in the research to identify simple ways for responsible food production, easy food traceability and effective ways to prevent food wastage due to over production. Our vision is to provide a sustainable solution to the Food Supply industry by developing simple, readily accessible software solutions and propagate Food Traceability all the way to the small and marginal farmers in Asia and around the World, ultimately winning the trust and confidence of the consumer.

Our Values

Farm2Kitchen's Values are as follows:

  • Quality: We want to ensure that the food we deliver is of the highest quality, most nutritious and fresh.... because we will accept nothing less!
  • Innovative: Our technology solutions will always been in the forefront of the technology spectrum. Innovative products, state of the art facilities, quality assurance and industry expertise are the bases for our success.
  • Integrity: Our customers depend on the quality of the food we help deliver. Our commitment to the highest standard is the foundation of our customers trust in Farm2Kitchen. We stand behind our products, our service and our word.

Executive Summary

Farm2Kitchen, an healthy food distribution startup, has operated an online store and several retail stores across western India for the past five years. They have developed a network of over 100,000 small farmers and producers and provided them the training and resources to grow organic food. This business has grown from a modest initial investment of $60,000 raised from friends and family.

Our founders bring a diverse experience from Food Production, Distribution, Supply Chain Management (SCM) and Information Technology (IT) specializing in the Food industry. We are utilizing our experience and the huge network of farm producers, food packagers, retailers, and restaurants to envision the portfolio of products and solutions that will address the critical problems faced by the food industry.

Farm2Kitchen is building the first technology platform of its kind for the Food Supply Chain. By utilizing the Blockchain technology of distributed ledger and smart contracts to uniquely track every step of the food delivery on a shared ledger in order to ensure transparency, Food Safety and provide the foundation for sustainable agricultural growth and food security. Farm2Kitchen is also planning to expand its operation to include distribution to restaurants, cafeterias, and food services across western India.

We will make the technology platform available on the public Cloud as a Software as a Service (SaaS) application on subscription basis for other food supply chains to use around the world. Apart from the SaaS offering, we will provide Application Programming Interface (API) access for developer who would like to build their own apps for the platform.

The company expansion plan will be supported by raising money from an Initial Coin Offering (ICO). Sales projections for the next three years are based on current sales success with the target customer base in Asia. Initial contacts have been made with thousands of restaurants and retail outlets throughout the western states of India and the potential target markets have been identified. This plan will result in sales revenues growing to a breakeven point by the end of the second year of operations.

ICO Details

ICO token supply: 140,000,000
Soft cap: 2,000,000 USD
Hard cap: 9,000,000 USD

Legal

ICO Platform: Ethereum
Registration country: Estonia
Registration year: 2015
Office address: Tallinn, Estonia

Token info

Ticker: F2K
Type: Utility-token
Token price in USD: 1 F2K= 0.1 USD
Accepted currencies: ETHETH
Bonus program:
Pre-ICO: 50% discount
ICO Stage 1: 30% discount
ICO Stage 2: 20% discount
ICO Stage 3: 10% discount
Token distribution:
50% - Crowdsale
25% - Reserve
15% - Team
5% - Advisors
5% - Referral
Funds allocation:
35% - Business Operations +Platform Support
30% - Blockchain Platform and Apps Development
15% - Marketing & Sales
10% - Cloud Infrastructure
5% - Legal Fees
5% - Cost of Fund Raising

Farm2Kitchen IEO Roadmap

1
February 2018

Project launched

2
July 2018

Platform development started

3
February 2019

MVP released

4
April 2019

IEO launched

5
August 2019

Farmer and Producer onboarding starts

6
October 2019

Farmer's Marketplace pre-opening

7
November 2019

Start of Operations on the Marketplace

8
January 2020

Launch of Blockchain main network for Traceability

9
April 2020

Phased global launch of the platform

Project team

Co-founder in Farm2Kitchen IEO - 1
Anand Dholi
Co-founder
linkedin
Co-founder in Farm2Kitchen IEO - 2
Yogesh Kondaskar
Co-founder
linkedin
Co-founder in Farm2Kitchen IEO - 3
Dr H Gaidhani
Co-founder
linkedin
Director of Sales in Farm2Kitchen IEO - 4
V. K. Arora
Director of Sales
linkedin
Marketing Lead in Farm2Kitchen IEO - 5
Rajan Nikam
Marketing Lead
linkedin
Solutions Architect in Farm2Kitchen IEO - 6
Sam Mehta
Solutions Architect
linkedin
UX Designer/Process Analyst in Farm2Kitchen IEO - 7
Jade Kuchar
UX Designer/Process Analyst
linkedin
Blockchain Developer in Farm2Kitchen IEO - 8
Nitesh Agarwal
Blockchain Developer
linkedin

Advisors

ICO bench Advisor in Farm2Kitchen IEO - 9
Giovanni Casagrande
ICO bench Advisor
linkedin
ICO bench Advisor in Farm2Kitchen IEO - 10
Bogdan Fiedur
ICO bench Advisor
linkedin
Advisor in Farm2Kitchen IEO - 11
Desmond Primus
Advisor
linkedin
Advisor in Farm2Kitchen IEO - 12
Philipe Michael DaSilva
Advisor
linkedin
Advisor in Farm2Kitchen IEO - 13
Dinesh Bhatia
Advisor
linkedin
Advisor in Farm2Kitchen IEO - 14
Dr. Prashant Naikwadi
Advisor
linkedin
ICO bench Advisor in Farm2Kitchen IEO - 15
Paresh Masani
ICO bench Advisor
linkedin
Advisor in Farm2Kitchen IEO - 16
Robert Shofkom
Advisor
linkedin
ICO bench Advisor in Farm2Kitchen IEO - 17
Quentin Herbrecht
ICO bench Advisor
linkedin
Advisor in Farm2Kitchen IEO - 18
Giacomo Arcaro
Advisor
linkedin

Social media

Web-site Reddit Medium YouTube Telegram Instagram btctalk Twitter Facebook github

User rating:

5/5 ( 1 )

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