What Is Vezet?
Vezet is the first decentralized crowd-investment project for agriculture based on the Ethereum blockchain. To achieve its goals, this project will utilize the VZT token. The funds raised from the sale of the token will be used for the construction of grain storage facilities and development of a decentralized electronic platform.
The Vezet project and its capable team already have a sales office and helps in the supply of grain crops. Besides that, it is involved in the supply of oilseed crops processing products. It deals with both small peasant farms and large agro holdings and poultry farms. The aim of this project is improving the quality of life globally. Thus, this project will prioritize the raising of funds for launching the project during the crowd-investment period.
By taking part in this project, you will become part of like-minded pioneers who understand the benefits of a future agricultural revolution. The profits that will be received at all stages of this project will be divided according to the VZT smart contracts.
Vezet Decentralized Agricultural Blockchain Features
The elevator that will be constructed is a high-tech and automated complex that utilizes modern equipment. At the peak of harvesting, it is planned to buy huge volumes of cereals from farmers at a low price for storage and later selling it. Farmers will be offered all types of services such as reception, cleaning, storage, drying, and shipping.
In future, from the second year of implementation of the project, it is planned that there will be an increase in the capacity of the elevator using the profits realized. They will utilize funds from the state interventional storage fund as one of its development options.
An important factor in the implementation of this project is the creation of permanent jobs in the rural areas. Over 30 jobs will be created at the elevator. Most of the fees and taxes will go towards the rural settlement’s budget. This will have a positive impact on the development of the area.
Decentralized Electronic Platform ( DEP )
The DEP is a means via which data will be exchanged between market participants. It will be easy to use and have stable access. Besides that, it will be accessible via apps and web browsers at any time. There will also be discussion forum created where you can discuss reliability, solvency, and the quality of products and services offered.
Vezet VZT Token ICO Details
- Token Name: VEZET
- Token Symbol: VZT
- Currency Accept: ETH
- Token Type: ERC20
- Token Price: 1 VZT = 0.0004 ETH
- Hard Cap: 20,000 ETH
- Pre-ICO: May 11 – May 18, 2018
- Main ICO: May 18 – July 11, 2018
The concept on which the project is based is not unique. However, the creators have introduced their own unique features. In this project, the blockchain does not attempt to replace the legacy financial system. Instead, it compliments it. The decentralized electronic platform has been designed for use by the tech-savvy, the simple workers, and small-scale farmers. The small subscription fee is going to cover all the expenses needed to run DEP.