SARATOGA: Blockchain Powered Organic Agricultural Project

in srt •  2 years ago 

Saratoga main.jpg

Introduction

Saratoga is an innovative agricultural Poject aimed to make a difference in the agricultural sector by adopting a healthy farming practise as well as an investment hub for investors who key into the project. The project aims to integrate blockchain technology in the agricultural sector and as well make it easy for anyone to invest in the project regardless of location. Saratoga project is an initiative of the Ferox Advisors Ltd. Ferox Advisors is a hedge fund established in late 2013 specializing in exchange traded derivatives. Developing their proprietary trading systems in-house, they have made breakthroughs in different branches of asset management such as algorithmic scalping, event driven trading, volatility arbitrage, and options market making, and have expanded into crypto currency trading since 2017. Having successfully launched FRX utility token, which is a decentralized hedge fund to the world, Ferox embarked into a new project to tokenise the agricultural sector by initiating Saratoga project. Saratoga will integrate unique ownership model through NFT with tokenization scheme. Saratoga is an innovation in the agricultural sector.

Saratoga pic-5.jpg

Why Saratoga is Different from Other Agricultural Projects

Most current agricultural ventures are only interested in quantity and not quality. With urbanisation and numerous technological inventions in different sectors, the agricultural sector is neglected. With polluted land areas, it is difficult to have wholly organic land produce. The quality of crops and the supposed benefits to the body is no longer what it is. There is so much pollution that it has become necessary to ensure our farming is healthy so as to produce healthy crops. While other projects don’t bother about this issue, Saratoga project aims to imbibe in a healthy agricultural practise to produce healthy agricultural produce.

Most agricultural projects have no means of reaching out for investors. They are only able to get in touch with their local people, and as such have limited prospects of expanding. It also means investing in such projects will involve a lot of bureaucracy, paperwork and only for the privileged few. However, by integrating the blockchain technology, Saratoga project is able to tokenise the investment process such that everyone can invest and reap the benefits.

Saratoga token SRT is the native token of the Saratoga ecosystem, and will be powered by Binance Smart Chain Network to facilitate easy transaction. Holders will get tons of benefit when holding this token such as direct profit share from land based investment. The designed token economics will also integrate new tax mechanism to ensure token value where 1% from transaction will go to the Pancakeswap liquidity, 1% to the holders and 1% to the land based investment thus it'll ensure long-term value.

Saratoga team are crop of experienced individuals that already have tract record of success in their innovative projects, one of such is the success of FRX token. Ferox is known for its success story; as a result, Saratoga project is backed by experienced innovators. This is unique indicator that Saratoga project have strong potentials to grow and will be a successful project in the near future.

saratoga-1.jpg

Unique Benefits of Investing in Saratoga Project

Saratoga project is backed by blockchain technology which makes it a smart agricultural venture. Holders of Sartoga token SRT, will get direct profit share from physical land based profits as well the most favourable terms to participate in any future production carried out by Saratoga team. Saratoga team members are same as Ferox team members who are already known for their success in other projects as mentioned earlier. The tokenised investment project makes it easier for investors to invest on the project, as well as direct and easy reward for investors.

The importance of good health cannot be overemphasised in our times and as such good agricultural practice, which is organic agriculture, should be encouraged. With the increasing pollution due to industrialization, it behoves on all of us to make both individual and collective effort to maintain a quality food chain and one of the ways is to support organic farming. Organic farming yields such vital benefits as preservation of soil's organic composition. Organic farmers utilize practices that: Maintain and improve fertility, soil structure and biodiversity, and reduce erosion. Reduce the risks of human, animal, and environmental exposure to toxic materials.

Foods grown without pesticides and fertilizers produce more phytochemicals (vitamins and antioxidants) that strengthen their resistance to bugs and weeds. People with food allergies or who are sensitive to chemicals or preservatives often find their symptoms reduced or eliminated when they eat only organic foods. That is why Saratoga project deserves support.

Saratoga project will initiate foreign land ownership model based on real land and backed by Non Fungible Tokens (NFTs), which is unique in agricultural space. The land ownership scheme is simplified by removing all tax and local bureaucracy/paperwork which is usually associated with physical land ownership. The NFT holders will make profit shares up to 90% of all products obtained on that land paid pro rate depending on how long they maintain possession of the said land (NFT) during a typical harvest period which is usually one year.

By simply staking Saratoga tokens (SRT), holders will have the option to own real arable land through NFT's paid in $SRT, or participate in all future cash flows. Taking a look at Blueberry, Saratoga operates in a 4 month harvest climate, with year round commerce possible as blueberries retain all nutritional value even frozen. The first export product for of Saratoga will be organically grown, hand-picked Blueberry. Saratoga will enhance organic farming and help farmers expand their own businesses.

Saratoga Project aims to give farmers access to land as well as ensure that we eat food that has not been contaminated with pesticides and herbicides, genetically modified organisms, or other unhealthy substances.

tokenomics.jpg

Tokenomics

Token Name: Saratoga
Network: BSC
Symbol: SRT
Contract: 0x03A68938551E1820748167011aa5E44dA1CFE858
Decimals: 9
Total supply: 7,000,000,000
Tax Fee percent: 1%
Liquidity Fee percent: 1%

Team Members

Vispilio: Founding Partner & CEO
"Dragon Lord": Developer & Solidity Advisor
Magdalena Pacewicz: Audit & Accounting
Dr. Gokhan Ovenc: Academic Advisor
Endless Summer: Designer & Marketing Manager
Peter Ojulare: MENA Ambassador

Conclusion

Saratoga is a unique agricultural venture that aims to benefit farmers, investors and the general public through its innovative approach. By adopting the blockchain technology to support the organic agricultural venture, Saratoga has opened up a new leaf for investors and farmers not only for the purpose of making profit but also imbibing the culture of good health and good environment through organic farming. Saratoga token SRT is the native token of the Saratoga ecosystem, and will be powered by Binance Smart Chain Network to facilitate easy transaction. Holders will get tons of benefit when holding this token such as direct profit share from land based investment.

Saratoga project will build a foreign land ownership model based on real land and supported by Non Fungible Tokens (NFTs), which is unique in agricultural space. NFT holders will make profit shares up to 90% of all products obtained on that land paid pro rate depending on how long they maintain possession of the said land (NFT) during a typical harvest period which is usually one year. Saratoga has come to change the narrative in the agricultural space as well as making us realise that health is wealth.

For more information about Saratoga, please visit the following websites:

Website: https://www.feroxadvisors.com/srt
Twitter: https://twitter.com/FeroxAdvisors
Reddit: https://www.reddit.com/user/Vispilio
Medium: https://medium.com/@SaratogaFerox
Telegram: https://t.me/FRXalpha
Bounty Campaign: https://bitcointalk.org/index.php?topic=5414962.0
$SRT #Saratoga #SeedRound #Presale #FairLaunch #LandRevolution #LiquidityLock
#OrganicAgriculture #Wellness #Longevity #BSC #Pancakeswap

Author’s Information:

Link to Proof of Authentication: https://bitcointalk.org/index.php?topic=5414962.msg61135951#msg61135951
Forum Username: evichi
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1717893
Participated Campaign: Article
BSC Wallet Address: 0x97cc6b4F79126Ace2b5Eb63ae9a6C7ed99dB0eD5
Email: [email protected]

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!