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Fructus ICO

Past ICO
Feb 05, 2019 – Mar 20, 2019

Fructus is a project aiming to change the business of fresh produce trade and delivery.

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Fructus ratings

ICOrating.com Fructus icorating
Hype score Medium
Risk score NA
Investment rating NA
ICObench.com Fructus icobench 3.2 / 5
ICOmarks.com Fructus icomarks 9 / 10
TrackICO.io Fructus trackico 4.6 / 5
ICOholder.com Fructus icoholder NA
Our rating
8.2
Claim admin rights for this ICO

Overview

Project industry Commerce & Retail
Product type App
Founded Netherlands

Features

Meet Fructus

In a world where food consumption is rapidly outpacing food production in the coming years, a solution in efficiency is needed. Every day millions of consumers buy fresh produce through multinationals, wasting an estimated 15% to 30% of all fruits and vegetables.

Fructus is a project aiming to change the business of fresh produce trade and delivery. Starting in the diverse agricultural landscape of Europe, we see an opportunity to scale and change the world. Trust issues concerning products being GMO's (Genetically Modified Organism) or 100% organic, expiration date fraud and wastefully slow processes can all be battled when integrated into the Fructus platform.

With Fructus all transactions are processed and registered in the blockchain, giving all parties involved the ability to keep track of products and payments. Customers can see where products are coming from and what was used to help grow the crop. Suppliers can find customers and manage their sales and incentives. Taking out the middle man is another bonus when we look at is financially as suppliers and customers connect without a grocery store in between, keeping products cheap and fresh. Our shipment service will be available in more and more regions, starting with suppliers in Italy, France and Spain, to initially provide for consumers in Italy, Spain, France, Germany and Benelux. A special Fructus Debit Card will be introduced to help facilitate fast and easy pick-ups at the local Fructus-Spots.

Game Changers:

  • Know where your food comes from.
  • Know how your food was grown.
  • No expiration date fraud.
  • No middle man.
  • Future Prospects

    After setting up business in Europe we aim to expand to Africa, where the need for fair and sustainable produce trade is high. Millions of people are disenfranchised by multinationals as they take natural sources at minimum cost while destroying local ecosystems with chemicals and waste. The Fructus platform will not only allow free trade, but will also function as a banking system as all users can keep balances on their wallets with no limits or hidden tariffs.

    Once the roll-out in Africa is on its way we will start arrangements for more expansionary moves all over the world.

    Fructus Platform

    The Fructus platform creates a decentralized marketplace that enables farmers to post their products for sale, host promotion campaigns, and get feedback from customers. It allows consumers to order products and facilitates the order fulfillment process. Fructus roles include:

  • Fructuscoin creation and the token launch to fund development and expansion
  • Establishment of a decentralized, secure and fair model for market making
  • Development, release and maintenance of the customer web portal and app; fulfillment app for fulfillment center workers and couriers; and web interfaces for farmers and fulfillment center operators
  • Development of smart contracts to run the order payment and fulfillment process
  • Creation of an effective incentive model for all parties to join the Fructus platform
  • Perform audits on suppliers to see if all entered information about crops is valid
  • Development of active marketing campaigns
  • Farmers

    Farmers are companies or individuals in the business of fresh produce. They could range from local farmers to large multinationals. Farmer roles include:

  • Publish products
  • Deliver products ordered by consumers to fulfillment centers
  • Register information about the products they grow in the blockchain
  • Bring in more traffic via promotion and loyalty campaigns
  • Consumers

    Consumers are individuals or companies that want to buy online specific fruits and vegetables at cheaper prices. Orders can be placed via the Fructus web portal or Fructus app. Consumer roles include:

  • Search products listed by farmers
  • Receive promotion, loyalty, referral and feedback rewards
  • Make orders and pay for them
  • Participate in feedback requests
  • ICO Details

    Pre-ICO token supply: 20,000,000 FRUCTUS
    ICO token supply: 45,000,000
    Total tokens for sale: 20,000,000 FRUCTUS
    Soft cap: 400,000 USD
    Hard cap: 3,000,000 USD

    Legal

    ICO Platform: Ethereum

    Token info

    Ticker: XFRC
    Type: Utility-token
    Token price in USD: 1 FRUCTUS = 0.30 USD
    Accepted currencies: ETH, BTC
    Bonus program:
    Pre-Sale: 100% bonus
    Token distribution:
    20% - Sale
    30% - Airdrop Bounty
    20% - Team
    5% - Partnership appreciation
    23,50% - Future use
    1,5% - Advisors
    Funds allocation:
    50% - Research & Development
    20% - Marketing
    21.4% - Admin & Operations
    6.45% - Legal
    2.14% - Contingency

    Fructus Roadmap

    1
    Q4 2017 - Q1 2018

    Seeding funding

    2
    Q4 2017

    Started development Contract, Website and APP

    3
    Q2 2018

    Start airdrop

    4
    Q2 2018

    Start pre-sale

    5
    Q4 2018

    Start Tokensale

    6
    Q2 2019

    First exchange

    7
    Q4 2019

    ALPHA APP release

    8
    Q3 2020

    Fructus platform - blockchain

    9
    Q1 2021

    Fructus can be used as official payment method

    Project team

    CEO in Fructus - 1
    Winston Soikromo
    CEO
    linkedin
    Co-Founder & CMS in Fructus - 2
    Willem Poeteray
    Co-Founder & CMS
    linkedin
    Co-Founder & SME in Fructus - 3
    Francis Soikromo
    Co-Founder & SME
    linkedin
    Developer & HDO in Fructus - 4
    Jeffrey Klein
    Developer & HDO
    linkedin
    Head-Designer in Fructus - 5
    Thomas Kok
    Head-Designer
    CHRO & Marketeer in Fructus - 6
    Annette Poeteray
    CHRO & Marketeer
    linkedin
    Prof. Photographer in Fructus - 7
    Judith Lanser
    Prof. Photographer
    linkedin
    CMS in Fructus - 8
    Deepanshu Bhatt
    CMS
    linkedin
    Community Manager in Fructus - 9
    Aleksander Vujic
    Community Manager
    linkedin

    Advisors

    Advisor in Fructus - 10
    Brenda Jongerius
    Advisor
    linkedin
    Advisor in Fructus - 11
    Tim Roosendaal
    Advisor
    linkedin
    Advisor in Fructus - 12
    Rafael da Costa Guimaraes
    Advisor
    linkedin
    Advisor in Fructus - 13
    Ehsan Safari
    Advisor
    linkedin
    Advisor in Fructus - 14
    Armando Ello
    Advisor
    linkedin
    ICO Advisor in Fructus - 15
    Emanuele Ferrari
    ICO Advisor
    linkedin

    Social media

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

    User rating:

    5/5 ( 1 )

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