|ICO Timeframe:||01/10/18 – 02/10/18|
|Token Supply:||Uncapped (65% Crowdsale)|
ATFS Project is the world’s first decentralized AgriTech & Food Science crowdfunding project built on Ethereum Blockchain and Smart Contracts. The issuance of the ATFS token will finance the establishment of eco-friendly smart farms in Asia, the development of a decentralized platform as well as the research and production of “plant-based meat”. The project aims to address the world’s growing food crisis by providing relevant technological advances in agriculture, new revenue base and supply systems, and a socially-acceptable alternative to meat consumption.
PROS: Team and advisors have successful venture capital track record, ATFS Lab is a registered company, subject to audit, partially addresses impending global food crisis as population increases, environmental crisis and urbanization lead to ever-increasing cost of traditional proteins (ie. meat).
CONS: Consumer adoption of “plant-based meat” may be an up-hill battle, depending on the market, top-heavy management team with no blockchain developer, blockchain portion of the project has yet to begin (project is very early in development).