fbpx

Farm2Kitchen (F2K) | Initial Exchange Offering | Review.

Farm2Kitchen (F2K) is working on the first application of Blockchain technology for the food supply chain sector. In detail, the project will use Blockchain technology and smart contracts to track food delivery on a shared ledger for improved transparency. Thus, by ensuring food safety, the project will ultimately be building the foundation of sustainable agriculture and food safety.

GENERAL INFORMATIONFarm2Kitchen (F2K)

IEO Platform: ExMarkets

Opening Date: 22nd April 2019

Closing Date: 20th June 2019

Country of Origin: Estonia

TOKEN DETAILS

Symbol: F2K

Blockchain Type: Ethereum

Role of Token: Utility

FINANCE INFORMATION

Public Sale Hard Cap: 9,000,000 USD

Total Token Supply: 280,000,000 F2K

Tokens for Public Sale: 140,000,000 F2K

Public Sale Token Price: 0.1 USD

Accepted Currencies: ETH, BTC, FIAT

Token Sale Format: N/A

THE TEAM

Anand Dholi- Founder

Yogesh Kondaskar- Co-Founder

Hemraj Gaidhani- Co-Founder

Rajan Nikam- Digital Marketing Manager

Dr. V K Arora- Director of Sales

Advisors.

Bogdan Fiedur

Giovanni Casagrande

Giacomo Arcaro

Quentin Herbrecht

Paresh Masani

Desmond Primus

Dinesh Bhatia

Prashant Naikwadi

Philipe Dasilva

Robert Shofkom

LEGAL INFORMATION

Company Name: Foods Pvt. Ltd.

Country of Incorporation: Estonia

Company Address: N/A

KYC: Required.

More about Farm2Kitchen (F2K)

Above all, the strongest selling point for the project is the partnerships with a long-established business, which connects farmers to the marketplace. Thus, the project can take advantage of their know-how of the food supply chain. In addition, the Farm2Kitchen (F2K) network is designed to be secure, reliable, and cost-effective. As a result, it is a perfect solution for food traceability. Furthermore, the team behind the project have background experience in tech, agriculture, retail, supply chain management, and regulatory compliance.

Indeed, the market is enormous. But, supply chains keep getting incredibly complex, as the spun across the globe. Hence, this is a problem, which Farm2Kitchen (F2K) has to address. Even though Blockchain is a powerful technology, the technology is not yet evolved enough to handle the growing transaction volume. Also, Farm2Kitchen (F2K) access to the market will require tremendous resources.

But, food safety and quality are becoming a cause for great concern. Even more when you consider the complex supply chain system in use today. Thus, consumers want to know the origin of the food they consume and the logistics of getting them to stores. Also, how farmers conduct the production of these foods. Moreover, the growing awareness of food wastage and fears about the long term sustainability of food among conscious consumers creates added opportunity for this project to explore.

Conclusion.

In the meantime, IBM and Walmart are working on a Blockchain network for the latter’s supply network. Hence, if interoperability concerns are not adequately addressed, recruiting major players will be challenging. What’s more? Since the project uses crypto payments for membership fees, this could adversely affect growth because of an uncertain regulatory situation. In conclusion, as demand for food grows substantially, projects such as Farm2Kitchen (F2K) could play a key role in Global food security. Thus, a favourable 4-Star is awarded.

Last modified: July 17, 2019

Leave a Reply

Your email address will not be published. Required fields are marked *

);