Review - Demeter ICO Decentralized farm-to-table.
Hello friends, This time I want to discuss about what is the agricultural industry or what is often called agro-industry and also the Demeter and DMT Token program that specifically addresses the problems of this industry and we will also discuss what ag4.0
Abstract
Imagine you could eat fresh, locally grown produce - delivered directly from a farmer
to your table? Imagine you could save money and eat healthier - by cutting out large
corporate middlemen and dealing directly with local farmers? Imagine you knew
exactly how and where your produce was made - either buying direct or via micro-
farming?
And if it was accessible from any device that has an internet connection - accessible
anywhere in the world - how could that change your life? Or the lives of others?
This is what Demeter and the DMT Token is all about.
We’re revolutionizing the agricultural industry - call it ag4.0 - by making true micro-
farm-to-table possible - anywhere in the world.
With value transferred via our Ethereum based DMT Token - you could be in the
middle of New York City, or the middle of Xi’an China - and you’d be able to connect
with local farmers to find, produce and eat fresh, local food. And by cutting out the
large corporate middleman you’d save money - and your farmer would make money
while doing it.
It really is the future of agri-commerce.
Welcome to Demeter and the DMT Token.
Demeter is the only decentralized platform worldwide that offers an entire ecosystem for farmers and consumers. We ensure fair trade and 100% quality products.
If for example, you wanted to secure a portion of a farmer’s land - your own mico-farm - and
grow your own tomatoes and lettuce, you’d be able to connect on the platform with a local
farmer to do so. You’d leverage the community guidelines for producing organic products -
and communicate with your farmer for details of growing, picking and delivery. This way
you’d not only select exactly what you wanted to grow, but you’d also know exactly how it
was grown - ensuring organic quality through every step of the process.
Facilitating the exchange of value on the Demeter ecosystem will be fueled by our Ethereum
based token - DMT.
As an Ethereum based token, DMT will give customers and farmers a decentralized, secure,
trust based way to share with each other - helping the micro-farm-to-table ecosystem to
flourish and bringing benefit to everyone.
them today were unimaginable - as hunting and gathering was the
primary way of securing food.
Nothing on our beautiful planet is permanent: new ideas are being born every day. As we
constantly transformed and improve - old ideas often must make space for new innovations.
Once in awhile, a new idea can lead into a revolution that changes everything.
We believe, that we are close to that turning point - where Demeter and the DMT Token are
the missing links to starting a new era of health and organic food production.
With little alternative, customers end up buying food that may have been shipped for weeks at a time, and for premium prices - never being sure of the true quality of what they’re about to eat.
That is - until Demeter arrived.
Demeter and the DMT Token bring an agriculture revolution to life. By combining the power of the blockchain with local, small farming units - we make transparent, micro-farming a true reality. Call it Ag4.0 or call it Growfunding. It’s the ultimate farm-to-table, and it’s about to change the way you eat.
How it Works
Demeter gives you complete control - by connecting you directly to local farmers - anywhere worldwide. Simply select your micro-farm size, practice and produce - or shop from local farm food supplies - and your fresh food is delivered to your door. No more premium prices. No more unknown farming practices. No more weeks long shipping times.
Imagine you could eat fresh, locally grown produce - delivered directly from a farmer
to your table? Imagine you could save money and eat healthier - by cutting out large
corporate middlemen and dealing directly with local farmers? Imagine you knew
exactly how and where your produce was made - either buying direct or via micro-
farming?
And if it was accessible from any device that has an internet connection - accessible
anywhere in the world - how could that change your life? Or the lives of others?
This is what Demeter and the DMT Token is all about.
We’re revolutionizing the agricultural industry - call it ag4.0 - by making true micro-
farm-to-table possible - anywhere in the world.
With value transferred via our Ethereum based DMT Token - you could be in the
middle of New York City, or the middle of Xi’an China - and you’d be able to connect
with local farmers to find, produce and eat fresh, local food. And by cutting out the
large corporate middleman you’d save money - and your farmer would make money
while doing it.
It really is the future of agri-commerce.
Welcome to Demeter and the DMT Token.
What is Demeter
If for example, you wanted to secure a portion of a farmer’s land - your own mico-farm - and
grow your own tomatoes and lettuce, you’d be able to connect on the platform with a local
farmer to do so. You’d leverage the community guidelines for producing organic products -
and communicate with your farmer for details of growing, picking and delivery. This way
you’d not only select exactly what you wanted to grow, but you’d also know exactly how it
was grown - ensuring organic quality through every step of the process.
But if, for example, securing your own mico-farm was too complicated - well you’d still be
able to use the platform. Local farms would be able to sell their produce to you - directly on
the site. You could select what, when and how you wanted your produce delivered - knowing
exactly how it was made in the first place.
We are sure that together it is possible to revolutionize the way people live and enjoy food
each and every day. Our aim is to bring people together and offer fair services based on
technology, trust and the big wish to make our planet a little bit greener again.
technology, trust and the big wish to make our planet a little bit greener again.
What is The DMT Token
based token - DMT.
As an Ethereum based token, DMT will give customers and farmers a decentralized, secure,
trust based way to share with each other - helping the micro-farm-to-table ecosystem to
flourish and bringing benefit to everyone.
We invite you to herald the era of ag4.0 (Agriculture 4.0) together with us!
Why ag4.0? A Short History of Agriculture
Back in time, our ancient sisters and brothers had to struggle with
many difficulties and burdens. Permanent food supplies as we knowthem today were unimaginable - as hunting and gathering was the
primary way of securing food.
But as communities grew it became harder and harder to maintain
this way of life. The desire of mankind shifted, moving towards
settlements and encourage brilliant minds to establish new ways of
living. Agriculture was born and people started to form small
villages that had a sustainable food supply.
As villages grew into cities - innovation and the advancement ofThe dawn of new agriculture is ag4.0.
technology lead to rapid growth in possibility. In the last century new
innovations were created that revolutionized both food supply and
storage. As access to food via grocery stores became larger - so too did
farms. Technology such as fridges, microwaves and freezers led to vast
improvements in food storage - which increased our appetites for a
variety of food. This lead to a wide range of challenges. From food
being shipped from other countries - often at weeks at a time - to the
constant pressure to genetically make food more resistant, profitable
and durable - we’ve strayed quite far from our origins. As multi-billion
dollar corporations push our food production in ways that benefit them
- we as the consumers, farmers and families - end up losing what we
want most: healthy, clean, local food.
Nothing on our beautiful planet is permanent: new ideas are being born every day. As we
constantly transformed and improve - old ideas often must make space for new innovations.
Once in awhile, a new idea can lead into a revolution that changes everything.
We believe, that we are close to that turning point - where Demeter and the DMT Token are
the missing links to starting a new era of health and organic food production.
Ag4.0 Revolution
The Challenge
Today many farmers - in both developed or developing countries - are “forced” by market conditions to use extremely intense agricultural practices. Pesticides, genetically modified seeds and early crop harvesting are all used in an effort to keep up with market makers and maintain a farmer’s razor thin margin.
With little alternative, customers end up buying food that may have been shipped for weeks at a time, and for premium prices - never being sure of the true quality of what they’re about to eat.
That is - until Demeter arrived.
Demeter and the DMT Token bring an agriculture revolution to life. By combining the power of the blockchain with local, small farming units - we make transparent, micro-farming a true reality. Call it Ag4.0 or call it Growfunding. It’s the ultimate farm-to-table, and it’s about to change the way you eat.
How it Works
Demeter gives you complete control - by connecting you directly to local farmers - anywhere worldwide. Simply select your micro-farm size, practice and produce - or shop from local farm food supplies - and your fresh food is delivered to your door. No more premium prices. No more unknown farming practices. No more weeks long shipping times.
Understanding Demeter & The DMT Token
The response was more than he imagined.
Currency:
One essential key factor to reach our dream is the usage of DMT, an
ERC20 token based on the successful Ethereum blockchain.
DMT is the soil of the entire ecosystem and ensures 100% secure,
fast and cheap transaction from you to anybody else on this planet.
Within 1-click
everything on this entire Demeter platform will be paid with DMT.
As it is based on Ethereum you keep the full freedom to store DMT
in various types of different wallets.
Now you don’t have to worry about transaction fees, exchange rates,
banking fees or other bank & government institutions. You can be or
go anywhere in the world, and easily find, buy and eat the healthy
food you want.
Price Fairness:
Customers will enjoy quality and organic food for a fraction of the
price they are paying today.
And farmers all over the world will be able to directly connect with
customers - cutting out middlemen - and receiving fair value for their
work.
We want to interrupt the cycle of exploitation led by large
multinational companies. From dictating what and how a farmer
produces - to buying from farmers at a low price, and selling to
consumers in grocery stores at a high price - we believe in cutting
out the middlemen who make most of the current profits.
Growfunding:
A decade ago, crowdfunding became a new system that allowed
anyone with an internet connection to invest small capital amounts in
startup companies.
Growfunding takes this idea to the next level: allowing people
around the globe to rent local micro-fields where their food will be
farmed.
Allowing everybody, in any location, to rent his or her own micro-
field - will drastically change the entire market as we know it.
Marketplace:
As a core feature in our ecosystem, the marketplace will be the first
blockchain based store where people from all around the world will
be able to buy, sell or trade goods and services related to the food
industry.
Sell micro-farm space, your delicatessens, your tomatoes, buy new
seeds, sell goods for further processing or simply offer training and
help to the community - the food products and possibilities are
endless.
Ratings & Certificates:
Almost every well-known certificate in the food industry nowadays
is under the strong influence of lobbyists, governmental and none-
governmental organizations. The unfortunate reality is that often they
act in their own interests - putting consumers and farms in distant
second and third spots.
Our platform aims to return power to the community.
Having a healthy mixture of onside quality audits and using smart
software algorithms ensures the best quality throughout the
ecosystem. At the same time this decentralized, automated and
community based structure will minimize the risk of manipulation
and avoid centralized power.
Everybody has a part of the certificate and any attempt to scam,
cheat or bend the rules to an individual's favor will simply not be
tolerated.
Community:
Since we believe that trust is based on transparency and
communication, it is important that the ecosystem provides
communication services that allow interaction through the entire
value-added chain.
But for us community means much more than that.
As a part of the community the flow of information is controlled by
you and the rest of the community. The power is in your hands.
User Case Study - A Real Example
The farm of Enrico Poli is a family owned property and has been for generations. At the time
Enrico inherited the farm from his grandfather it was common that friends and neighbors
would come by on weekends to buy fruits and vegetables for their families. They came
because, beyond the trust they had in him producing great food - they simply loved his
wonderful tomatoes. The taste, the size and the freshness were simply amazing.
But that was a long time ago. People have since left the village and moved to the big cities.
The relationship between him and his customers has become impersonal. It’s been lost. Enrico has been forced by market makers to practice extremely intensive farming - using genetically modified seeds and harsh pesticide chemicals to improve his harvest.
The market makers provide large bulk purchases - but at a heavily discounted rate. As a
result, he has very low margins, receive pennies for his work and is constantly struggling to
survive as independent farmer.
He felt something was wrong and was almost ready to give up. That’s when he heard about
Demeter from a friend - just a concept at the time. He decided to give it a try on a small level.
Creating a relationship with the team, he decides to split a portion of his farm and offers the
following conditions on his tomato harvest:
● 50 segments of 10m²
● Harvest in 3 months
● 10% risk on crop loss
● 100% natural, no pesticides
● Growfunding period is 2-weeks
The response was more than he imagined.
In just 3 days following his launch he got a notification that all 50 micro-fields were all sold
out!
With this exciting information Enrico decided to use an old tomato seed and farm as they did
in the “good old days”. During this time Enrico sent pictures of ongoing progress to his
clients and even became friends with some of them.
At the end of July they harvested and started to pack the tomatoes to be sent out.
But a pleasant surprise happened. Not every customer wanted delivery. George, one of his
clients who had rented a micro-farm, wanted to stop by to pick up his tomatoes on his own.
It was an experience that changed Enrico’s life forever.
From One to Many - Moving Forward
As Enrico and many farmers in the world have experienced - there are strong market forces
that push them to use aggressive farming practices. With middlemen and large corporate
chains it makes it difficult to survive - especially in underdeveloped countries.
The total supply of DMT will be 200,000,000. We will split this up according to the following
ratio:
30% Release during the Crowdsale
Your opportunity to be a part of the ag4.0 revolution.
20% Development team
We are fully dedicated to heralding the era of ag4.0! – To make this happen, we need your
trust and support.
25% Business Development
We will use this pot to ensure the healthy growth of the entire ecosystem.
This is necessary to reach our ambitious targets and to speed up market expansion.
25% To be release to DMT holders in future
The number of releases and the quantity of DMT released during each window has not been
decided yet and will depend on the development and community sentiment.
We will work hard days and nights to make our world better and provide you the best service!
Token Name: DMT
Accepted currencies: ETH
Minimum Contribution 0.1 ETH
Current Bonus: 10% for 1st level whitelisted and 5% for 2nd level whitelisted
Exchange rate: 1ETH = 2300DMT
The DMT Token Hard cap
The Crowdsale will start on start Saturday 18th November 2017 at 11:00 UTC.
It will last for 30 days unless the ETH hard cap is reached earlier. In this case where the hard
cap is reached, the Crowdsale will be concluded.
Due to ETH pricing volatility the hard cap will be announced 24-48 hours before the crowdsale
start. In anycase the ETH hard cap will correspond to an ETH amount of approximately $8-
million USD.
The DMT Token Softcap
The minimum cap (softcap), will be announced 24-48 hours before the crowdsale start, and will
correspond to an ETH amount of approximately $1.2-million USD.
If the minimum cap is not reached all the funds will be automatically returned from the token
sale via the smart contract. In this case a small fee to pay the GAS cost will be deducted.
Exclusion of US citizen
Due to legal uncertainties, we unfortunately must exclude U.S. citizens from the Crowdsale
Token specification
The total Demeter supply will be 200,000,000. The Exchange rate with ETH will be fixed 24-
48 hours before the crowdsale start and will be immutable.
The Demeter Token will be immediately available but transferable only after 48 hours from the
crowdsale end.
Bonus Period
There are 2 bonus periods during the Crowdsale:
● 10% percent during the first 5 days of the Crowdsale*
● 5% after the first 5 days of the Crowdsale. *
However the bonus received may be different depending on if the participant is 1st level or 2nd
level whitelisted. Please read Pre-Registrations, Bonus Procedures & Whitelisted Levels for an
explanation
Bonus & Structure for 1st Level Whitelisted Members
From now and until October 28th 24:00 UTC*, it will be possible to pre-register an ETH address on the token section of the Demeter website https://www.demeter.life
Pre-registered user will become 1st level whitelisted member. If they join the crowdsale during the first 5 days of the crowdsale they will receive a full bonus of 10%.
In the case in which a 1st level whitelisted member joins the crowdsale after the first 5 days, or sends additional funds after the first 5 days of the crowdsale they will receive a full bonus of 5%.
Pre-register users will also receive a referral code that can be shared with friends and via social media. It can be used by anyway who missed the chance to pre-register. The person who uses this referral code - and who missed the chance to pre-register - will become 2nd level whitelisted member.
Bonus & Structure for 2nd Level Whitelisted Members
From October 29th 00:01 UTC* and until the crowdsale end, those who didn’t get the chance to pre-register but still want participate in the crowdsale and get a bonus, will be able to do so using a referral code from a 1st level whitelisted member. Doing so will automatically ensure the referral code user becomes a 2nd level whitelisted member.
If a 2nd level whitelisted member participates during the crowdsale in the first 5 days they will get a partial bonus of 5% while the other 5% will go to the 1st level whitelisted member that shared the referral code.
If a 2ndlevel whitelisted participate in the crowdsale after the first 5 days, or sends additional funds after the first 5 days of crowdsale, they will get a partial bonus of 2.5% while the other 2.5% will go to the 1st level whitelisted member who initially shared the referral code.
The dates and time reported may be subject to changes and adjustment due to technical reasons or team solely discretion.
Limitation to participation in the crowdsale during the first 5 days
During the first 5 days of the crowdsale only 1st level whitelisted members and 2nd level
whitelisted members will be allowed to join the crowdsale and get the bonus as described above. After the first 5 days anyone who is interested will be able to join the crowdsale without receiving the bonus.
After the first 5 days it will still be possible to become a 2nd level whitelisted member (through a referral code from a 1st level whitelisted member) and get the bonus active at that specific moment. Please see above for an explanation of details.
We use state of the art technology to give every individual on this planet access to fair traded quality food.
Our platform puts the world to a next level of sustainable agriculture.
Demeter Team
The DMT Token
The total supply of DMT will be 200,000,000. We will split this up according to the following
ratio:
Your opportunity to be a part of the ag4.0 revolution.
20% Development team
We are fully dedicated to heralding the era of ag4.0! – To make this happen, we need your
trust and support.
25% Business Development
We will use this pot to ensure the healthy growth of the entire ecosystem.
This is necessary to reach our ambitious targets and to speed up market expansion.
25% To be release to DMT holders in future
The number of releases and the quantity of DMT released during each window has not been
decided yet and will depend on the development and community sentiment.
We will work hard days and nights to make our world better and provide you the best service!
Token Distribution information:
Accepted currencies: ETH
Minimum Contribution 0.1 ETH
Current Bonus: 10% for 1st level whitelisted and 5% for 2nd level whitelisted
Exchange rate: 1ETH = 2300DMT
Crowdsale Procedure
The DMT Token Hard cap
The Crowdsale will start on start Saturday 18th November 2017 at 11:00 UTC.
It will last for 30 days unless the ETH hard cap is reached earlier. In this case where the hard
cap is reached, the Crowdsale will be concluded.
Due to ETH pricing volatility the hard cap will be announced 24-48 hours before the crowdsale
start. In anycase the ETH hard cap will correspond to an ETH amount of approximately $8-
million USD.
The DMT Token Softcap
The minimum cap (softcap), will be announced 24-48 hours before the crowdsale start, and will
correspond to an ETH amount of approximately $1.2-million USD.
If the minimum cap is not reached all the funds will be automatically returned from the token
sale via the smart contract. In this case a small fee to pay the GAS cost will be deducted.
Exclusion of US citizen
Due to legal uncertainties, we unfortunately must exclude U.S. citizens from the Crowdsale
Token specification
The total Demeter supply will be 200,000,000. The Exchange rate with ETH will be fixed 24-
48 hours before the crowdsale start and will be immutable.
The Demeter Token will be immediately available but transferable only after 48 hours from the
crowdsale end.
Bonus Period
There are 2 bonus periods during the Crowdsale:
● 10% percent during the first 5 days of the Crowdsale*
● 5% after the first 5 days of the Crowdsale. *
However the bonus received may be different depending on if the participant is 1st level or 2nd
level whitelisted. Please read Pre-Registrations, Bonus Procedures & Whitelisted Levels for an
explanation
Pre-Registrations, Bonus Procedures & Whitelisted Levels
Bonus & Structure for 1st Level Whitelisted Members
From now and until October 28th 24:00 UTC*, it will be possible to pre-register an ETH address on the token section of the Demeter website https://www.demeter.life
Pre-registered user will become 1st level whitelisted member. If they join the crowdsale during the first 5 days of the crowdsale they will receive a full bonus of 10%.
In the case in which a 1st level whitelisted member joins the crowdsale after the first 5 days, or sends additional funds after the first 5 days of the crowdsale they will receive a full bonus of 5%.
Pre-register users will also receive a referral code that can be shared with friends and via social media. It can be used by anyway who missed the chance to pre-register. The person who uses this referral code - and who missed the chance to pre-register - will become 2nd level whitelisted member.
Bonus & Structure for 2nd Level Whitelisted Members
From October 29th 00:01 UTC* and until the crowdsale end, those who didn’t get the chance to pre-register but still want participate in the crowdsale and get a bonus, will be able to do so using a referral code from a 1st level whitelisted member. Doing so will automatically ensure the referral code user becomes a 2nd level whitelisted member.
If a 2nd level whitelisted member participates during the crowdsale in the first 5 days they will get a partial bonus of 5% while the other 5% will go to the 1st level whitelisted member that shared the referral code.
If a 2ndlevel whitelisted participate in the crowdsale after the first 5 days, or sends additional funds after the first 5 days of crowdsale, they will get a partial bonus of 2.5% while the other 2.5% will go to the 1st level whitelisted member who initially shared the referral code.
The dates and time reported may be subject to changes and adjustment due to technical reasons or team solely discretion.
Limitation to participation in the crowdsale during the first 5 days
During the first 5 days of the crowdsale only 1st level whitelisted members and 2nd level
whitelisted members will be allowed to join the crowdsale and get the bonus as described above. After the first 5 days anyone who is interested will be able to join the crowdsale without receiving the bonus.
After the first 5 days it will still be possible to become a 2nd level whitelisted member (through a referral code from a 1st level whitelisted member) and get the bonus active at that specific moment. Please see above for an explanation of details.
Our Mission
Our platform puts the world to a next level of sustainable agriculture.
The Demeter Roadmap
Demeter Team
Marco Mettimano - CEO & Co-Founder
Passionate about new projects and challenges, for the last 4 years has worked as Investment Manager in a fortune 500 Chinese group. Recently discovered Blockchain based technology and believes it will positively change the world.
Arianna Vulpiani - Business Development Italy
A successful entrepreneur in the agriculture sector, Arianna created “BIO-ORTO”, a concept similar to the Demeter Micro-Field - but limited exclusively to the area of Rome - that quickly reached a customer base of over 3000 people. Her field expertise and knowledge make her a valuable asset to the team.
Simon Choi - Legal Advisor
As a founding partner of Acme Ardent Simon brings more than 20 years experience in the
specialized field of Cyber Law - covering all aspects of internet law, cross border commerce
and more recently crypto-currency and blockchain. He has acted as an advisor for many ICOs and crowdsales in China and Hong Kong.
Cahill Puil - Marketing Specialist
He is currently building Byte Media Group - a digital agency focused on helping eCommerce,
blockchain, & tech based companies succeed via strategic marketing. With extensive
experience helping both small startups and Fortune 5000 companies - he brings his strategic marketing experience to the team.
Nando Dessena – Blockchain Developer
Writing code almost since he learned to write - Nando is a crypto enthusiast and a specialist in blockchain development. As a developer, trainer and consultant for the past 20 years, he’s
worked on both corporate and open source projects of different scales.
Lorenzo Liberatore – Full Stack Developer
From working with large multinational to smaller size companies, Lorenzo bring a wide range of development experience from Italy and abroad.
Luigi Tonti - Platform Advisor
Owner and CEO of 40 Hectare Farm in south Italy Luigi offers in-depth experience with
platform advisory from an agricultural produce perspective. He’s produced various fruit
produce, specialized olives and cereal production - giving him in-depth knowledge about both raw produce and finished goods.
More information please visit here:
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Bitcointalk ANN Theread
Written By: SanZoldyck
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Official Website
Whitepaper
Telegram
Github
Youtube
Bitcointalk ANN Theread
Written By: SanZoldyck
My Bitcointalk
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