afts-ico-review
Company: ATFS Lab
Industry: Agriculture
Website: https://www.atfslab.io/
Whitepaper https://drive.google.com/drive/folders/104R0FqguFGww5eAldm2DZiRpkL-tFjx0
Headquarters: Cayman Islands
Token: ATFS
Platform: Ethereum
ICO Timeframe: 01/10/18 – 02/10/18
Token Supply: Uncapped (65% Crowdsale)
 Score:  52/100

 

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).

 

SCORE:  52/100