April 30, 2024 — — Farmsent, the blockchain platform connecting farmers directly with buyers, announces a strategic collaboration with Varda, an ag-tech data service provider. This partnership aims to enhance transparency and sustainability in the agricultural sector.

Unlocking valuable insights for regenerative agriculture hinges on accurate data tracking. Varda’s service, Global FieldID, enables the identification of each plot of agricultural land empowering farmers with precise information to optimize their practices. Assigning a unique field ID serves as a foundation for precise tracking, ensuring each farm and field is clearly identified within Farmsent’s platform.

Expressing his enthusiasm for the partnership, Davide Ceper, CEO of Varda, emphasized the significance of leveraging data-driven insights for regenerative agriculture, stating, “Our collaboration with Farmsent will provide agribusinesses and consumers with clearer data insights on regenerative farming practices. Global FieldID is meant to serve as a collaborative system where participants, like Farmsent, benefit from using a standard and shareable ID for every land parcel their customers farm, and can contribute their own boundaries so that, over time, quality, completeness, and accuracy of the GFID database will constantly grow.”

Farmsent is committed to empowering small farmers and ensuring food security, and leverages blockchain to establish a transparent and secure marketplace. Farmsent aims to increase profits for farmers and deliver fresher produce to consumers. Importantly, Farmsent focuses on three core areas critical for the agricultural industry: Trade, Trade Financing, and Traceability, often referred to as the 3Ts. Through this partnership, Farmsent will integrate Varda’s advanced data services into its platform, DePPs, enabling farmers and stakeholders to access comprehensive insights for informed decision-making while contributing field data to Varda’s data warehouse.

Yog Shrusti, CEO of Farmsent, expressed his excitement about the collaboration, stating, “We are thrilled to partner with Varda to drive positive change in the agricultural landscape. By combining Farmsent’s blockchain expertise with Varda’s data services, we aim to empower farmers, enhance sustainability, and foster a nature-positive food system.’’

The Farmsent-Varda partnership signifies a commitment to advancing sustainable agriculture. Together, they will work towards improving transparency, traceability, and sustainability in the food supply chain.

About Farmsent:

Farmsent is a blockchain platform designed to connect farmers directly with buyers, with a focus on empowering small farmers and ensuring food security. They use blockchain technology to create a transparent and secure marketplace, where every step of the food’s journey is recorded. This allows for improved food safety and traceability, while also giving farmers greater control and a larger potential customer base. By optimizing middlemen, Farmsent aims to increase profits for farmers and deliver fresher produce to consumers.

About Varda:

Varda is an ag-tech data service provider enabling farm and field data sharing to support the transition to a global nature-positive food system. Their advanced solutions empower stakeholders to harness field-level data, driving informed decisions and sustainable practices across the agricultural landscape. Through innovative technology and collaborative partnerships, Varda is committed to driving positive change in the agricultural industry.

For more information, visit Farmsent, follow Farmsent on Twitter/X for updates, and join the conversation on Telegram.

Farmsent and Varda Forge Strategic Partnership towards a nature-positive food system was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

April 9, 2024 — In a groundbreaking move poised to reshape the landscape of global agriculture, Farmsent has announced its strategic partnership with Peaq, the leading layer-1 blockchain for Decentralized Physical Infrastructure Networks (DePIN) and Machine Real-World Assets (RWAs). This collaboration marks a significant step towards eliminating the middlemen and decentralizing the global food commodity trade, directly benefiting over 160,000 farmers in Indonesia and Colombia who are already part of Farmsent’s network.

Farmsent is revolutionizing the agriculture sector by constructing a global Web3 marketplace that connects farmers directly with consumer-facing businesses. The platform leverages an innovative decentralized network of physical sensors to ensure the tracking of product quality and provenance, thereby enhancing transparency and reducing costs across the supply chain.

“Today’s global food trade system is fundamentally flawed, disproportionately disadvantaging the very producers on whom we all rely,” commented Yog Shursti, Co-Founder and CEO of Farmsent. “By integrating Peaq’s robust layer-1 blockchain technology, Farmsent’s marketplace and DePIN empower farmers to circumvent the restrictive grip of centralized corporations, capturing more value from their hard work.”

The utilization of Peaq’s technology will enable Farmsent to incorporate self-sovereign identities for farms and supply chain sensors, facilitating seamless and secure data uploads to the Peaq blockchain. Additionally, Farmsent will deploy its smart contracts for global food traceability on Peaq and launch its native token on this platform, thereby powering its DePIN and catalyzing an economy centered around agricultural data.

“DePIN’s potential applications are vast, but its use in agriculture is particularly exciting and vital,” said Till Wendler, co-founder of Peaq. “Agriculture is a critical area where decentralized technologies can significantly contribute to combating global food insecurity and ensuring more equitable distribution of resources. We are delighted to support Farmsent in their mission to make quality food products more accessible and affordable worldwide.”

This partnership signals a transformative shift in how agricultural commodities are traded globally, promising enhanced profitability for farmers and reduced prices for consumers through a more transparent, efficient, and equitable marketplace.

About Peaq:

Peaq is a pioneering layer-1 blockchain platform designed as the ideal backbone for DePINs, catering to industries ranging from mobility and energy to agriculture and digital infrastructure. With over 250,000 devices, vehicles, machines, and robots powered by Peaq, the platform represents a new era of permissionless and borderless digital infrastructure that democratizes opportunities in the Age of AI and job automation.

About Farmsent:

Farmsent is a blockchain-based platform designed to enhance the economic standing of farmers by directly connecting them with buyers. Leveraging blockchain for transparency and security, Farmsent ensures that each phase of the food journey is traceable, promoting food safety and giving farmers more control and market access. By reducing reliance on traditional middlemen, Farmsent aims to boost farmers’ profits and provide consumers with fresher products.

For more information, visit Farmsent, follow Farmsent on Twitter/X for updates, and join the conversation on Telegram.

Farmsent Partners with Peaq to Decentralize Global Food Trade Using DePIN was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dubai, UAE, Dec. 12, 2023 (GLOBE NEWSWIRE) — Brace for a monumental shift as Farmsent, the leading force in agri-tech, collaborates with The Belt and Road Initiative, spearheaded by the Chinese government. This collaboration isn’t just about partnership; it’s a game-changer in the global agricultural landscape.

At the heart of this groundbreaking collaboration is Farmsent’s traceability system, wielding immutability to redefine product tracking. Every step, powered by unalterable records, sets a gold standard for transparency and efficiency. It’s not just a tech upgrade; it’s a step into a future where transparency and efficiency reign supreme in agriculture.

In this alliance, global partnerships, sustainable agriculture, and technological innovation converge to reshape the narrative of interconnected and sustainable agriculture worldwide. Farmsent’s collaboration with The Belt and Road Initiative isn’t just a milestone; it’s a testament to technology’s pivotal role in shaping the future of agriculture.

Imagine a future where Farmsent and The Belt and Road Initiative pave the way, bringing efficiency and transparency to the forefront of global agriculture. This collaboration isn’t just noteworthy; it’s a promise of a brighter, more connected future in agriculture. Farmsent and The Belt and Road Initiative redefine possibilities in the field of agriculture and global trade.

Farmsent’s Vision for the Belt and Road Initiative:

Farmsent, known for its cutting-edge solutions, is gearing up to unleash a wave of transformation across the agricultural landscape. Picture this: Farmsent’s proven traceability system, utilizing immutability as the core of the technology, seamlessly integrated into The Belt and Road Initiative. It’s not just a vision; it’s a reality that will reshape how we trade, collaborate, and sustain our global food supply chain.

“This isn’t just a partnership; it’s a game-changer. We are beyond thrilled to bring our innovative solutions to The Belt and Road Initiative. Farmsent’s traceability system, with immutability at its core, is set to redefine how we approach transparency and efficiency in agriculture. We are incredibly grateful for this opportunity, and this collaboration will be an important step forward for traceability and transparency in trade.” — Yog Shrusti, CEO of Farmsent

Strategic Land Allocation and Traceability System Integration:
The Chinese government’s allocation of a jaw-dropping 2200 hectares of land for Farmsent’s Agricultural Center, Traditional Medicine, and Healthcare Base (FAC+T) is a monumental step towards realizing sustainable and innovative practices. Farmsent’s traceability system, known for its precision in tracking parameters such as soil health, humidity, temperature, and location, will be a cornerstone in ensuring transparency and accountability within the agricultural and traditional medicine ecosystem.

Global Participation and Investment:
As Farmsent becomes an integral part of the Belt and Road Initiative, it aligns with the project’s colossal investment of 1 Trillion USD and its global participation of 149 countries. Farmsent’s collaboration amplifies the initiative’s impact, contributing to a more resilient and interconnected global agricultural landscape.

Future Outlook:
The collaboration between Farmsent and The Belt and Road Initiative signifies a transformative phase for global agriculture, where innovation, sustainability, and international cooperation converge. As Farmsent steps onto the global stage, it carries with it a vision of a more efficient, transparent, and interconnected future for agriculture and trade.

About Farmsent:
Farmsent is a pioneering farmer’s blockchain dedicated to improving the global food supply chain. Farmsent seeks to create a transparent, sustainable, and secure agricultural ecosystem through innovative technologies such as blockchain and sensor-based traceability.

Farmsent Signs MOU with The Belt and Road Initiative, Chinese Govt’s Flagship Project was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Farmsent, a pioneering real-world trade blockchain project, is thrilled to announce the vesting schedule, with token allocation managed through Hedgey Finance and Safe Global. As we embark on this exciting journey, Farmsent remains committed to revolutionizing the farming and trade industry while fostering sustainable practices with web3. This article will delve into the details of the vesting period, discuss our mission and vision, and highlight the significance of $FARMS in our ecosystem.

Vesting Schedule:

With a token supply of 10,000,000,000, Farmsent allocated 10% of the total supply to private investors, 5% to advisors, and 15% to the team. The vesting period for these investors follows a well-structured timeline designed to ensure a fair distribution of tokens. Here are the key details:

Cliff: The vesting period commences with a cliff period of 6 months for private investors and 12 months for teams. During this time, the allocated tokens remain locked, providing stability and security.

Vesting: Following the cliff, the vesting period kicks in, spanning over subsequent months. The allocated tokens will be released gradually, ensuring a steady and controlled distribution.

Monthly Vesting: The linear vesting process occurs at a rate of 10% per month, allowing private investors, team and advisors to access their tokens in a phased manner. This systematic approach supports price stability and long-term commitment.

Investors need to connect to https://app.hedgey.finance/ with their given wallet and can view their schedule and token release. They can claim the tokens post the cliff period too using the same dapp.

Farmsent’s Mission and Vision:

At Farmsent, our mission is to leverage web3 technologies to transform the farming industry, empowering farmers and stakeholders while ensuring sustainability. We envision a future where transparency, traceability, and efficiency are integral to agricultural practices. By bridging the gap between farmers, consumers, and investors, Farmsent strives to revolutionize the way food is produced, distributed, and consumed.

Our ecosystem facilitates seamless collaboration and empowers farmers with access to cutting-edge tools and resources. Through decentralized applications and smart contracts, Farmsent aims to streamline supply chains, optimize resource management, and enable fair value distribution. Our goal is to create a more equitable and efficient ecosystem that benefits all participants.

The Significance of $FARMS:

As Farmsent’s native token, $FARMS plays a crucial role in driving the ecosystem forward. It serves as the medium of exchange within the platform, enabling farmers to access various services, incentivizing stakeholders, and facilitating community participation.

Moreover, $FARMS represents a token of trust and commitment. The carefully structured vesting period ensures that investors, the team, and the community are aligned with the long-term vision of Farmsent. By gradually unlocking their tokens, They can actively contribute to the growth and development of the ecosystem, fostering stability and sustainability.

With the announcement of the vesting schedule, Farmsent takes a significant step towards realizing its vision of transforming the farming and trade industry. The allocation of $FARMS tokens through Hedgy Finance and Safe Global ensures a fair and controlled distribution, promoting stability and long-term commitment.

Farmsent remains dedicated to revolutionizing the agricultural sector, promoting transparency, and empowering farmers and stakeholders. Through innovative technologies and a strong community, Farmsent is poised to drive positive change and unlock new opportunities in the farming and trade ecosystem.

Join us on this exciting journey as we cultivate a sustainable and prosperous future for agriculture and trade with Farmsent and $FARMS!

Disclaimer: This article does not constitute financial advice. Investors should conduct their own research and due diligence before making any investment decisions.

Farmsent’s Vesting Token $FARMS Allocated through Hedgey Finance and Safe Global was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Accelerating Food Security for Millions of Farmers

We are thrilled to announce the monumental token launch of Farmsent, symbolized by the highly anticipated release of our token, $FARMS. After overcoming numerous obstacles and delays, we triumphantly launched our token on the 7th of July, marking a significant milestone in our mission to provide food security for millions of farmers. Join us as we delve into the journey leading up to this momentous event and explore how $FARMS will revolutionize the agricultural financing landscape, empowering farmers worldwide.

A Journey of Resilience and Determination:

The bear market posed formidable challenges on our path to the Farmsent token launch. We faced obstacles, delays, reduced investor confidence, market volatility, and limited capital availability. However, driven by our commitment to farmers and a resilient vision for a secure food supply chain, we persevered. Today, we proudly introduce FARMS, our revolutionary token, reshaping farmers’ access to financial resources.

The FARMS Token: Unlocking New Avenues for Agricultural and trade landscape:

FARMS, Farmsent’s native token, represents a gateway to a new era of agriculture and trade. Listed on Coinstore, a premier cryptocurrency exchange, FARMS provides farmers with a digital asset that transcends geographical boundaries, enabling seamless and secure transactions. By harnessing the power of blockchain technology, FARMS ensures transparent and efficient financing, empowering farmers to overcome the traditional barriers they often face when seeking funding. By harnessing the power of blockchain technology, FARMS ensures transparent and efficient financing, empowering farmers to overcome the traditional barriers they often face when seeking funding. In addition, we are excited to share that over the next couple of weeks, we have several upcoming announcements in store. We have been diligently working to expand the listing of FARMS on more Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). These strategic partnerships and collaborations will broaden the reach and accessibility of FARMS, providing increased liquidity and opportunities for farmers and investors alike. Stay tuned as we continue to make significant strides toward our mission of providing food security for millions of farmers and ensuring the widespread adoption of FARMS across diverse trading platforms.

Bringing Food Security to the Forefront:

The launch of the FARMS token aligns perfectly with Farmsent’s mission to achieve global food security. With every FARMS token transaction, we move one step closer to breaking the cycle of food insecurity that plagues millions of farmers worldwide. By providing farmers with direct access to a decentralized trade model, Farmsent fosters their independence, enabling them to invest in modern agricultural practices, technological advancements, and sustainable initiatives that enhance productivity and secure their livelihoods.

Governance, Commission, and Security Deposit:

FARMS serves as a transformative tool, enabling farmers and stakeholders to actively participate in shaping the Farmsent platform. Through the governance function, FARMS token holders can propose and vote on crucial decisions, fostering transparency and inclusivity in the platform’s development. The commission system incentivizes active participation, allowing farmers, service providers, and contributors to earn rewards for their valuable contributions to the platform. Additionally, the security deposit feature instills trust and reliability by requiring token deposits, safeguarding transactions and interactions within the Farmsent community.

Empowering Farmers: From Smallholders to Enterprises:

One of the key advantages of FARMS is its inclusive nature, catering to farmers of all scales. Smallholder farmers, who often face significant hurdles in accessing financial assistance, can now tap into the Farmsent ecosystem and benefit from fair and transparent financing opportunities. FARMS aims to level the playing field and empower all farmers, regardless of their size or location, to grow their operations, increase productivity, and contribute to the overall food security of their communities.

Looking to the Future: A Secure and Sustainable Food Supply Chain:

As we celebrate the successful launch of FARMS, Farmsent’s token, we envision a future where food security is no longer a distant dream but a tangible reality. With the power of blockchain technology, innovative financial solutions, and a global community of farmers, investors, and enthusiasts, we are revolutionizing the agricultural industry. Farmsent and FARMS are laying the foundation for a secure and sustainable food supply chain, empowering millions of farmers to thrive and ensuring a brighter future for generations to come.

The Farmsent token launch, featuring the highly anticipated FARMS token, represents a significant milestone in our quest to provide food security for millions of farmers worldwide. With FARMS listed on Coinstore, we have opened a new chapter in agricultural financing, empowering farmers of all scales to access transparent and efficient funding opportunities. Together, Farmsent, FARMS, and our dedicated community of stakeholders are forging a path toward a future where food security is a reality for every farmer. Join us on this transformative journey and be part of the movement that is changing the lives of farmers and securing our global food supply chain.

Farmsent’s Token Launch: was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Farmsent Implements Dual-Layer Security with Multisig and Timelock

The world of cryptocurrency can be exciting and unpredictable, but it’s not without its risks. Cybercriminals are increasingly targeting cryptocurrency platforms and dapps with various technical and economic attacks, which is why Farmsent has deployed a dual-pronged strategy to defend our platform and token contracts against such attacks while increasing transparency across the board.

We’re excited to announce that we have officially deployed a Timelock for our Token Contract, adding an additional layer of security to our platform. Our Timelock Smart Contract Address can be found at this URL:

https://polygonscan.com/tx/0xf4d282362e9b2ed055c6dceb340f7ee864bfae4becd0fbe37a20935527b6a332

The Mutlisig address of Gnosis is 0xA7d374b0DA2167aF76D4AAcF291DF853d47C76b9

and the owners wallet are:

0x1d37d81db0F04DA67649e83746D58a1d87EC8818
0x4662142772b33180b685C318C90DAA60503D765b
0x6C66d3749B0901B14497ED869b05b81112aF17F4
0xD4A5aa2085F61800b19B077964A71dAc34278dF2
0xFC460b6B7E60c3Dd940E19ADD2ec7Df738788334
0xcf91D6690E97166cFD6E154278eb1FABF9265b6e

Feel free to scrutinize our code to see that Timelock owns our official token contract.

So what is a Timelock, and how does it work? A Timelock is a smart contract that requires a lead time before any changes can be made to the token contract parameters. In our case, the Timelock gives us a lead time of 48 hours. This means that we will not be able to invoke any changes to Token contract parameters without first waiting for 48 hours. This also applies to any attacker, adding an extra layer of security to our platform.

In addition to the Timelock, Farmsent has also implemented a multisig approach to increase security. A multisignature address is a smart contract requiring more than one private key to authorize transactions. In our case, a multisig with three individuals is required to approve the transaction to start the 48-hour countdown and execute the functions of Timelock.

We’re proud to be using Gnosis, a well-established and trusted industry leader in digital asset management, for our multisig implementation. This ensures that no ‘one’ person is responsible for the task of execution of crucial contract functions. Additionally, the Timelock contract is from OpenZeppelin, an open-source platform for building secure dapps, with a framework providing the required tools to create and automate Web3 functions.

After discussions with blockchain cybersecurity expert Certik, we decided to amend our security approach to a timelock + multisig approach. This follows the industry top standard deployment available and is recommended by our audit partner Certik, ensuring that our smart contract is secure and trustworthy.

What does this mean for you as a user of the Farmsent platform? Firstly, it means that you can use the token contract without fear of security breaches. Secondly, it means that any changes made to the token contract parameters will be publicly viewable on Polygon scan. This added transparency gives users peace of mind, knowing that any changes to the platform are made in a secure and transparent manner.

In conclusion, we at Farmsent are committed to providing our users with the best possible experience on our platform. By deploying a Timelock and multisig approach, we’re adding an additional layer of security to our platform and ensuring that our users can use our token contract without fear of security breaches. We’re excited to continue innovating in the world of cryptocurrency and can’t wait to see what the future holds for Farmsent.

Defending Our Token Contract was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Jakarta, Indonesia — Farmsent, the blockchain platform revolutionizing the agricultural industry, has announced its official registration in Indonesia. With a license from the Indonesian government, Farmsent is now able to provide its groundbreaking technology to farmers across the country, with the potential to reach over 30 million farmers and over 10,000 farm produce.

The platform features include bidding for farm produce through NFTs, fair future contracts that give an edge in pricing to farmers, and a user-friendly B2B marketplace, providing transparency and trust to buyers and sellers in the agricultural supply chain.

Farmsent’s blockchain platform enables wholesalers to easily track and verify the origin and quality of the produce, providing transparency and trust to both buyers and farmers in the agricultural supply chain. With Farmsent, farmers can access a range of tools and features to help manage their sales cycle without the need to engage with various parties.

“We are thrilled to have received our official registration in Indonesia,” said Farmsent CEO, Yog Shrusti. “This marks a significant milestone for our company, and we are excited to bring our technology to farmers across the country. Our platform will help farmers to export their produce to the world, getting better prices thereby improving the quality of their produce, ultimately benefiting the entire agricultural industry and consumers”

Farmsent’s platform provides a marketplace for farmers to connect with buyers and sell their produce directly, cutting out intermediaries and ensuring farmers receive a fair price for their crops. The platform enables buyers to easily access information on the origin and quality of the produce, ensuring trust and transparency in the supply chain.

With bidding through NFTs, buyers can easily place bids on the produce they need, providing a fair and transparent process for all parties involved. In addition, Farmsent’s fair future contracts enable farmers to sell their crops at a fixed price, ensuring they receive a fair price for their produce regardless of market fluctuations.

“Our platform is designed to be user-friendly, making it accessible to farmers and businesses of all levels of technological expertise,” said Yog. “We are committed to providing innovative solutions to the agricultural industry, and we believe our platform will have a significant impact on farmers in Indonesia.”

Farmsent’s platform will provide farmers with access to a wider range of buyers, enabling them to expand their customer base and increase their revenue.

With Farmsent’s platform, businesses in the agricultural industry in Indonesia can benefit from the power of blockchain technology, ensuring transparency and trust in B2B trade. This is a significant development for the agricultural industry in Indonesia, and one that is sure to have a positive impact on farmers and businesses alike.

For more information about Farmsent and its blockchain platform, please visit the company’s website at www.farmsent.io.

Farmer’s Blockchain Farmsent gets Indonesian license, to onboard millions of farmers to Web3 was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

In a leap that further solidifies Indonesia’s importance in the emerging paradigm shift of global trade, we are happy to announce the signing of a M.O.U with Rahyang Coffee.

Since our inception, Indonesia has been a big part of our story. The farmers on the ground and the innovators on the blockchain have, and continue to be an inspiration to us. This strategic partnership is the fruition of Farmsent’s operations team in Indonesia, a stronghold in global trade, in an aim to work with visionary farmers and bridge them to Web 3 innovations in trade and finance.

Farmsent has been developing the world’s first farmers blockchain, with direct involvement from Rahyang Coffee in Indonesia as we are committed to work hand-in-hand, on the ground, with farmers. The operations team have consulted and relied on Rahyang’s input to develop an ecosystem that takes into account large and smallholder farmers Indonesia’s position as the fourth largest coffee exporter in the world.

“Rahyang Coffee has been instrumental in bolstering our efforts in Indonesia, and we see them as a crucial partner to us as we head into 2023. We are committed to continue pushing this partnership to greater heights as we come to reveal how Rahyang Coffee’s input and foresight into the future of trade acts as an exemplary model for other farms to join the web 3 revolution.” — said Yog Shrusti, co-founder and CEO of Farmsent.

www.instagram.com/rahyangcoffee/

About Rahyang Coffee

The Rahyang coffee plantation, based in Gununghalu, West Java, Indonesia, is famous for exporting the finest arabica coffee beans worldwide. They have a strong foothold in the GCC region based on solid partnerships with coffee roasters and coffee shops. Owned by visionary entrepreneurs, they have a solid understanding of all the issues that plague farmers within the traditional trade model, and have been instrumental in pushing for a measurable change to achieve the betterment of farmers.

About Farmsent

World’s First Farmers Blockchain

Farmsent, a blockchain platform for farmers and producers where they can directly supply goods to the consumers. Farmsent is a decentralized platform for farmers and wholesalers. Farmers have access to a decentralized marketplace where they can sell their products to wholesalers. Farmsent takes care of the supply chain, quality assurance, payment, and more — allowing farmers to focus on what they do best: farming.

www.farmsent.io

Connect with us

Farmsent’s ecosystem relies on valuable partnerships with both farmers and innovators. Are you a farmer or an innovator working on the betterment of trade, and ready for an emerging paradigm shift brought forward by web 3 technologies? We’d love to hear from you! Reach out to us on in Twitter, Telegram or email us on hello@farmsent.io

Farmsent partners with Rahyang Coffee was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

The sweep changes brought by Web3 technologies are changing the way we define ownership. 5Harvest0 has paved the way for this change by utilizing NFTs to make farm ownership accessible globally.

Today, we are happy to announce the signing of a M.O.U with 5Harvest0, putting forth a strategic, global partnership that brings accessibility, transparency, and financing opportunities that are true to the decentralized values of blockchain.

With this partnership, Farmsent is creating a one-of-a-kind seamless experience where farms are presented in both their produce and their land value, allowing prospective investors and buyers direct access to global farms, using smart and comprehensive set of tools developed to represent farms as a whole set of inseparable sum of farmers, land, and produce, on the blockchain.

To celebrate this opportunity, Mochamad Sabdo, co-founder and CEO of 5Harvest0 adds:

“We have been working closely with Farmsent for some time now, and our values align perfectly. We are working on redefining the concept of farm ownership globally using NFT technology, and by integrating our solution to their ecosystem we are provided a unique opportunity to create a new meaning of ownership within the context of global trade.

We are truly excited for this opportunity and fully appreciate the momentum and effort the Farmsent team puts forward, and cannot wait to show you what we have been working on!”

Farmsent is on the verge of launching a modular ecosystem of smart tools based on blockchain technologies, pushing the boundaries of global trade with a strong focus of putting farmers on top of the supply chain. With Indonesian farmers being at the forefront of our efforts, our product is designed to both challenge the status quo and provide ample opportunities for F&B buyers to access untapped markets through a brand new and innovative way. Using blockchain technology to bring fairer prices, access to more commodities, transparency, and improved financing opportunities to both buyers and sellers.

“We’re proud to partner with 5Harvest0, and bring their yields to our Marketplace. Farmers In Indonesia struggle for liquidity and are usually not the ones to bag an easy loan from a financial institution. Recognizing this need, 5Harvest0 has created a unique NFT made of future yields on which farmers can trade.”

— Said Yog Shrusti, Co-founder and CEO of Farmsent.

About 5Harvest0

PT Bumi Meta Indonesia, 5HARVEST0 is the first true land ownership & real-world assets platform in the metaverse, allowing users to buy, sell, stake, earn, and develop NFT-based land tiles mapped to the real map surface. Because “ownership” goes way beyond having your land in a contract. With ownership comes the opportunity to farming, mining, build, collaborate, and turn your land into something more than the sum of its parts. 5harvest0 want to elaborate and elevate concept of metaverse to another level that have impact in real world and community.

Follow 5Harvest0 On Twitter, and check out their website for more information.

About Farmsent

World’s First Farmers Blockchain

Farmsent, a blockchain platform for farmers and producers where they can directly supply goods to the consumers. Farmsent is a decentralized platform for farmers and wholesalers. Farmers have access to a decentralized marketplace where they can sell their products to wholesalers. Farmsent takes care of the supply chain, quality assurance, payment, and more — allowing farmers to focus on what they do best: farming.

www.farmsent.io

Connect with us

Farmsent’s ecosystem relies on valuable partnerships with both farmers and innovators. Are you a farmer or an innovator working on the betterment of trade, and ready for an emerging paradigm shift brought forward by web 3 technologies? We’d love to hear from you! Reach out to us on in Twitter, Telegram or email us on yog@farmsent.io

Farmsent Signs M.O.U with 5Harvest0, harmonizing farm ownership and global trade in Blockchain. was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.

An increasing number of F&B organizations and companies around the world are adopting direct-trade models to secure consistent supply and better prices, which in turn has encouraged suppliers and farmers to seek companies that approach them directly.

Beanboat: Pioneers of direct-trade in the MENA region.

The MENA region’s specialty coffee boom is a prime example of how farmers, coffee roasters, coffee shops, and consumers all benefited mutually from direct-trade. Based in the Kingdom of Bahrain, Beanboat is one of the early pioneers of coffee direct-trade in the region. Since their inception, they brought coffee enthusiasts unique and rare varieties of coffee, and created Bahrain’s first true Coffee Subscriptions service. Their offerings brought coffee shops and roasters some of the best and rarest coffee in the world owing to their extensive network of farmers in Colombia.

Today, we are excited to announce that Beanboat has merged with Farmsent. Tapping on the former’s extensive reach with clients in the MENA regions and network farmers in Colombia, and combining it with the power of Web3 of Farmsent’s network to push for the next generation of trade.

Yog Shrusti, CEO and Co-Founder of Farmsent said

“Our mission at Farmsent is to connect farmers directly with people who are looking for quality, sustainable, traceable products. With Beanboat’s knowledge of the MENA region, we will continue to lead the way in bringing people across the region together around sustainable living.”

Fostering a community of farmers globally, and providing wholesale buyers direct links to them.

With this merger, and combined with Farmsent’s ongoing efforts in Indonesia, we aim to foster and leverage on the community of coffee farmers in Colombia and provide them access to more regions and more clients. More importantly, farmers of a different variety of produce will now have the opportunity to directly trade with clients in the MENA region. On the other side, distributors and wholesale buyers will have access to an extensive network of farmers in Colombia to ensure supply and QA of their product lines.

Saleh Sharif, CEO and Co-Founder of Beanboat said

“We are very excited to collaborate with Farmsent. As we aim to make the supply chain more transparent, I feel the scalability issues that were obvious in our coffee trading are now even more apparent. Beanboat will add more SKUs than coffee and bring transparency to our supply chain. With the advent of blockchain technology, we safely look forward to our new collaboration!”

About Farmsent:

World’s First Farmers Blockchain

Farmsent, a blockchain platform for farmers and producers where they can directly supply goods to the consumers. Farmsent is a decentralized platform for farmers and wholesalers.

Farmers have access to a decentralized marketplace where they can sell their products to wholesalers. Farmsent takes care of the supply chain, quality assurance, payment, and more — allowing farmers to focus on what they do best: farming.

www.farmsent.io

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About Beaboat:

Beanboat Marketplace is a platform through which coffee farmers can sell high quality coffee beans directly from their farms to coffee shops and roasters alike, eliminating the middlemen.

www.beanboat.com

Leading Direct Trade Platforms in MENA are Merging to Create the World’s First Farmers Blockchain. was originally published in Farmsent on Medium, where people are continuing the conversation by highlighting and responding to this story.