Organicco: Investing In The Future Of Our Beautiful Planet

clauming (7)in #blockchain • 6 years ago

Introduction

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving to the topic, a senior official from the Food and Agriculture Organization of the United Nations said that if current rates of soil degradation continue, all the highest soils in the world could disappear within 60 years. This is due to extensive cultivation methods, including the use of chemicals and pesticides. This is a problem that urgently needs to address and convert unwanted organic materials into organic fertilizers, which helps to prevent this effect and to create a cycle of closed cycle in a natural way. In addition, the costs of letters of credit and insurance are very high and take time to establish.

For that, the project I'm going to present you is Organicco (ORC), a blockchain technology project that offers a capital guarantee to the first investors, which is backed by assets and protected by insurance. With the idea of producing natural capital using patented technologies to generate a continuous cash flow, Organicco is the only genuine company that solves the problem completely, all others use their benefits or leave behind the unfinished work.

Video Presentation

Definition

As I said, Organicco (https://organicco.uk/) is a blockchain technology company focused mainly on products related to green technology. It was created after more than ten years of research and development of green technology products, and with more than two million pounds of investment.

Goals
The main objective of Organicco is to produce these natural capitals using their own patented technologies to generate a continuous cash flow that in turn will be used to repay the capital investment with interest. Moreover, Organicco team aims to play an important role in global food production using sustainable and environmentally friendly methods and in the production of renewable energy and renewable fuels. Thus, a secondary objective will be to raise funds through an initial offer of coins from Organicco tokens that will be used in the development of several projects in green industries and agricultural technology in the United Kingdom, Canada and Southeast Asia.

Principal Assets
Organicco adds value to business with green tech solutions trasnforming organic waste to saleable commodity. Hence, it distributes this commodity worldwide. It uses easiPayer for worldwide products and services distribution.

EasiPayer
An original and important payment method, called EasiPayer, will be used to replace the letter of credit and invoice factoring. It is based on a low-cost international payment platform that is fast, secure and easy to use.
With EasiPayer, when a foreign customer purchases fertilizers at an agreed volume and price, he has to present a proof of funds, usually by letter of credit or make an advance payment. Using the easiPayer system, the customer buys easiPayer tokens using their preferred fiduciary currency and is accepted in easiPayer using the web or a mobile application.

The principal benefits of EasiPayer are the transaction fees. A transaction fee of 0.50% will be charged for this service plus the mining exploitation fee and 1.5% for the change in the fiduciary currency. The easiPayer token is valued with real assets by independent auditors, who fix the value at the time of purchase. The customer allocates these chips to the purchase of the credit and this authorization cannot be withdrawn. This gives Organicco peace of mind that the client has sufficient funds to trade and can only reject the product due to lack of quality or insufficient volume.
Furthermore, EasiPayer tokens are backed with real assets and not in crypto exchanges. This technology is primarily for commercial use as a dairy farmer who wants to be paid for the delivery of milk, or a business that trades across the credit line.

Bounty program

The project gives the opportunity to earn OrganiccoTokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=3777991.0), where you can access the link in order to see what are the conditions to become an early ORC contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://organicco.uk/content/site/Organicco_whitepaper_R8sm.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/organiccouk). I hope you liked the post and soon I'll send you new ones.

Tokenomics

Token: ORC
Platform: Ethereum
Type: ERC20
Price in ICO: 1 ORC = 0.50 GBP

Allocation Funds

Roadmap

Date	Events
January 2017	OTL was formed after 10 years of R&D Pilot Project order from MRC Vaudreuil-Solanges, Montreal, Canada
February 2017	Recruitment
March 2017	Order received for 6,000TPA ecoDRYER from Boxford Farm
April 2017	Certificate acceptance signed for mini ecoDRYER installation in Kent, UK
May 2017	Moved to fabrication workshop near Heathrow airport for making our own products
July 2017	Client started a technical due diligence for setting up 100tonnes per day fertiliser plant in UK from chicken muck
August 2017	OTL website launched
September 2017	Vaudreuil-Solanges, Montreal, Canada pilot project was installed Client technical due diligent design freeze
December 2017	6,000tpa ecoDRYER unit delivered to Boxford Farm Looking to raise funds and exploring ICO
February 2018	Organicco Ltd was set up for managing funds raised from ICO
March 2018	ERC223 Smart contract was created and tokens allocated as per information on white paper 6,000tpa ecoDRYER was installed and application made for renewable heat incentives
April 2017	PRE-ICO launch
May 2018	Pilot project for chicken muck to fertiliser installation ecoHERO pilot project delivery
June 2018	PRE-ICO ends, ICO phase 1 begins ecoHERO pilot project installation
July 2018	Recruitment for adding more skills to the team ecoHERO plant contract signing for Kent ICO Phase 1 ends and ICO Phase 2 starts and will run until all tokens are sold.
September 2018	Signing of 100t/day fertiliser plant from chicken muck Methanol plant feasibility study starts Form easiPayer Team
December 2018	Delivery of major components for 100t/day fertiliser
February 2019	Delivery of major components for 100t/day fertiliser