The perishable produce space is fundamental, as global consumers rely the supply of fresh fruits and vegetables on a daily basis but the sector is fragmented and inefficient.
RIPER is an AgriDeFi project built on top of an essential economy with pre-existing users and has the potential to accelerate moving small farmers out of financial hardship.
The current supply chain industry aggregates data in a centralized way, prompting many concerns about data integrity and accountability. Through the RIPER ecosystem, $RPR tokens enable seamless and low friction trades targeted at different stakeholders in multi-organization supply chains on a global level.
Each trade that occurs on the RIPER ecosystem leaves a fingerprint that is immutable on the blockchain. This facilitates the validation of sensitive data through publicly verifiable blocks.
Non-blockchain solutions are expensive when it comes to data operations and lack adequate database properties. The $RPR blockchain protocol, overcomes existing system issues by handling significant amounts of data and transactions, thus reducing cost for farmers and multinational SMEs.
The $RPR token is an SPL token issued on the Solana network. An improved decision from our previous choice of Ethereum’s ERC20 token as gas prices are volatile and not inclusive for all as it is often prohibitively expensive. RIPER may be deployed on multi-chains in the future.
2009 - Founder began agriculture practice and investing in open field farming in Asia and North America.
2010 - Investment in vertical indoor farming and databasing traded pricing and volume of perishable crops.
2011 - Expansion in commercialize greenhouse farming, targeting domestic wholesale pricing.
2012 - Expansion with Australian partners utilizing sensory technology on farms to capture data on and off-site to achieve food safety and traceability.
2013 - Partnered with reputable greenhouse manufacturers to expand into global projects to capture more metrics in growing in various environments.
2014 - Exited from company with proprietary metrics and data to pharmaceutical company"(specialized data on Ginseng for cosmetic use).
2015 - Created algorithm for variables in horticultural investments to mitigate risks and manage operations.
2016 - Integrated geothermal, biomass and solar energy solutions to create off-the-grid farming sites.
2017 - Expansion into wholesale, retail and tourism for farm sites in Asia.
2018 - Expansion into fintech leveraging off domain knowledge and historic data to increase yields, provide consistent quality and stable pricing.
2019 - Expansion with farmed derivatives and bioscience into skincare with hemp ingredients (providing more options for farmer income).
RIPER concept was established as many farmers had reoccurring problems that we believed could be solved with available technologies. We researched more on the project with industry blockchain and technology experts on how decentralized finance would benefit the ecosystem in agriculture.
Whitepaper, wire-frame, financials and ecosystem of users established
Stabilized-token mechanics, Technical Paper & Tokenomics 1.0
Q1 - Security Build, Liquidity Risks, Value Risks & Beta Mainnet, Application layer
Q2 - Launch AgriTech 1.0 Data Sensory Exchange, Issue new payment technologies
Q3 - Token Sale, TGE
Q4 - Sensitivity Shifts & Dynamic Algo enhancements prototype development
Q1 - Exchange infrastructure & Fintech upgrades to micropayments functionality
Q2 - Expand Global Commercial Implications
Q3 - Expand Global Commercial Adoption
Q4 - Expand Global Consumer Adoption
Future - RIPER Micro-Commerce Escalates
Our priority is to ensure that farmers get paid first without needing to use collateral to access funding, thereby mitigating their risk of losing their entire farming assets. By creating a financial platform that opens a path for farmers to access finance without taking on debt, we firmly believe that this is the first step to creating a better way for farmers to sustain their way of life.
This is aimed at empowering farmers to get to a better financial standpoint so they can spend more time enjoying what they do instead of worrying about money. Help us persuade more farmers to pursue their craft and make it worth their while.
