Fieldcoin is a blockchain-based platform that connects landowners with investors and financiers. This facilitates property or land transactions to be carried out immediately, without intermediaries and in a secure environment.
Traditionally, at the local level, lands were negotiated in words. However, during the last few decades, globalization has distanced the owners from local investors. During the last few years, land owners and agrarian businesses have noticed how intermediaries changed – a change that affects both local economies and global markets.
Fieldcoin is using the current legal framework combined with blockchain technology to allow for faster and cheaper transactions. In this situational framework, Fieldcoin Ltd. provides sufficient tools to restore natural order.
The Fieldcoin platform is a digitized ecosystem for management and transfer without the high commission costs. It is a meeting point in which to trade locally or globally immediately and reliably. There are 2 ownership levels: “offchain”, to comply with national regulations and “onchain”, registered and negotiable in the blockchain. In their documentation they detail the offchain operations as follows:
“Fieldcoin Ltd or a third-party company DAO (decentralized autonomous organization) owns the property titles registered in the national land registry. The owner of the token owns a part of the company that represents the specific land acquired in the platform.”
This is where onchain operations come into play. Logic is imposed and offers solutions to problems that have haunt us for decades. Sometimes, we see how some initial offer does not consolidate the idea presented, for different reasons. It is for this reason that the operating ecosystem must be precise and orderly. Creating a stable transactions instrument is the starting point. Taking advantage of the potential of blockchain technology, the platform will facilitate the process of operating with lands, thus opening an ecosystem of incalculable magnitudes.
The agrarian and industrial sector are inevitably united for logical reasons. However, the digital breach has increased in this pairing. It requires global solutions that promote the digitization of the sector that are solid and reliable.
For this, the founders and a large team of professionals have coordinated efforts with the Fieldcoin platform being the resulting product – a decentralized global marketplace that is involved in a whole platform of agrarian services and operations.
FieldCoin will provide a transparent environment where collective financing will be promoted. In order to improve the sector, current innovations and results will be progressively seen. In the agricultural business sector, we find a broad spectrum in which to deepen.
Online management is something rooted for new generations. However, agriculture is a sector in which more traditional owners and investors converge. Fieldcoin puts a global market that operates 24/7 in the palm of your hand. In that market, another use case for the FCO token will take shape – funding. In the third quarter of 2019, the first agribusiness crowdfunding round is planned.
The platform will process proposals for improvement, research, scaling, and renovation among others. If we take into account the owners’ side, the change is total. The uncertainties and extra costs associated with intermediaries – operations with points of opacity, delays in collections, and abusive commissions – are all but eliminated.
Supporting the local farmer requires planning and, Fieldcoin will provide agricultural scaling plans. The synergy is materialized by supporting modern techniques, enhancing profitability and sustainability. The most realistic and innovative agricultural projects will be chosen and investors will be part of the equation with their contributions.
The Fieldcoin platform offering multiple use cases, all of which are linked together by the FCO token. Through the platform, land owners can access and manage a complete and diverse range of services.
In terms of buying or selling land, the panel offers an interactive portal from within its software. Buyers across the globe are connected through a panel oriented to crop management. The panel is meticulously designed, in addition to acquiring offers management on these plots or lands.
If on the other hand you want to build infrastructure or assess land, the panel itself consists of the necessary functions and enables access to a large team of professionals available to offer 24/7 support, something never seen in the rural sector. In addition to the aforementioned, on collective financing initiatives, liquidity variants are offered.
The FCO tokens will be considered valid as collateral, facilitating liquidity in the form of loans to token holders. In terms of liquidity and use case, the Depository Network (DEPO) has secured the first place. The decentralized multi-platform collateral Infrastructure will list the FCO token, accepting it as collateral for loans and deposits.
Utilizing traditional methods, many landowners receive payments for their crops months late. Therefore, the fact of tokenizing lands in a p2p ecosystem will offer a time frame according to natural needs. We will no longer see the producers having to wait months to be paid for their efforts and harvest. It’ll be finished with FCO.
FCO is an ERC-20 token whose value has been set at $0.05. The token sale will be offered in 2 different stages. Out of the 1 billion total token supply, 790 million are available for purchase by investors. The sum is distributed between the initial presale phase and the subsequent public sale. Additional amounts will be distributed as detailed in the white paper.
The first stage (presale) will run from February 4 to 12 and offers investors a 100% bonus for the first $1 million raised.’
The public sale begins on April 2 and will feature variable bonuses. For the first 100 million FCO tokens sold during the public sale, investors will be rewarded with a 50% bonus. The bonus decreases by 10% for each subsequent 100 million tokens.
In terms of services, blockchain technology ensures serious difficulties when someone tries cheat entries or registrations; With blockchain almost impossible to manipulate, the advantages over the traditional paper model for managing data records and their handling are evident. With these advantages, an entire ecosystem of global renewal enters the scene based on the traceability of food. The first to notice the benefit is the consumer, who enjoys freshness in their daily food guaranteed via blockchain.
The proposed model registers food inputs and outputs on the blockchain. Besides saving paper costs and rudimentary traditional methods, it speeds up the mobility of data interoperability because it is public and everybody can check the transaction history.
Times are changing, and new technologies offer greater accuracy managing Big Data. In terms of human resources, that records are stored publicly, reliably and safely brings effectiveness and profitability to management. In this way, professionals in the sector can spend less time in banalities and provide high quality information to customers, farmers and plot owners.
If you find the project presented by Fieldcoin Ltd (London, UK) interesting, we invite you to discover more. From the following official links you will be able to find information about the initiatives of The Fieldcoin Foundation. Among some initiatives are: The program of access to basic services such as water and electricity. Promote local employment through agricultural education and improve logistics by improving infrastructures in the prolific zones and their respective roads; Facilitate access to areas of interest for the project, local communities and their stakeholders.
Official Fieldcoin links: