Website

FoodCoin EcoSystem (FOOD)

ICO

Last updated: May 04, 2018

FoodCoin Ecosystem is a blockchain ecosystem, architecturally designed to create a global marketplace of food and agricultural products based on our experience with the active 1000 EcoFarms platform.

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Overview

Project industry	Commerce & Retail
Whitepaper	Open

Technical details

FoodCoin Ecosystem will provide a peer-to-peer network of associated nodes based on Ethereum blockchain. Each node stores a complete copy of the FoodCoin blockchain. These nodes are provided in the architecture of a private, as well as an open blockchain structure to maximize the protection against unauthorized modification of data.

What is FoodCoin EcoSystem

1000EcoFarms is a business-to-consumer and business-to-business online marketplace for natural food.

The platform provides marketing, order and payment processing services for small farmers and food producers as well as extensive set of additional functions for individual farmers, food buying clubs and co-ops.

Consumers and small businesses around the world are using the platform to connect directly with growers and producers and to purchase fresh, natural food.

Token info

Ticker: FOOD
Type: Cryptocurrency
Token standard: ERC-20
Token price in USD: 1 Token = 0.000100 USD
Token price in BTC: 1 Token = 0.000070 BTC
Token price in ETH: 1 Token = 0.001436 ETH
Accepted currencies: ETH
Token distribution:
10% - social projects
20% - ecosystem development
15% - founder
10% - miners after creating of FoodCoin blockchain
2,5% - advisory board
2,5% - team
Funds allocation:
20% Marketing
20% The team (the involvement of highly qualified experts in the field of blockchain)
15% Infrastructure development of FoodCoin Ecosystem
5% Loyalty program to attract new online trading platforms (online shops, local marketplaces)
14% Operating costs
6% TGE related costs
10% Social projects (the use of FoodCoin as an alternative currency to stimulate local food&ag businesses
5% Development of an accelerator for the food&ag start-ups that have already got the ultimate product and customers, and are ready to develop together with FoodCoin Ecosystem)
5% Experts and advisers