2021 Year In Review

Dear Community!

We are using this opportunity to express our deep heartfelt gratitude to you all for all your support, trust and believe in us and waiting patiently to see us execute all what we have on our whitepaper.

We started on very good note and the support have been overwhelming, starting from when we launched our website and Green paper V1 to showcase what we are building, how we want to disrupt the agribusiness value chain using Defi and the power of the community to connect to small holder farmers in clusters as cooperatives through the local nodes, using our Defi protocol.

We created a form on our website and announce on all media channels calling for nodes and cooperatives to sign up using the form as a means of validating the idea and the result was massive. We recorded 50+ Nodes Sign up and 15+ agribusiness cooperatives sign up within the first on month.

We launched the Airdrop contest in mid Q3 and had a total of 20k+ participants and more than 15k+ participants qualified to receive their Airdrop tokens + referral bonus.

In Q4 2021, the first phase of the Defi protocol (Nodes Dashboard) was completed and released for Nodes and Agribusiness cooperatives while the scheduled public pre sales has been rescheduled to Q1 2022 as captured on the roadmap of the published Green and Lightpaper V2.

For the scheduled Airdrop release, the list of all the qualified wallet addresses has been published on the telegram community but distributions had to be suspended because it was supposed to be done after public pre sales as contained in the Green paper V1 road map. But we had still wanted to distribute it with $5 worth of BNB commitment from all the receiving wallet to receive their Airdrop tokens + $5 worth of FIFI Tokens + the referral bonuses. Since the response from the community was not clear, we will conduct a poll on the telegram group to determine if it is accepted for the distribution to be before the public pre sale or during the public sales.

The year ended with the second community AMA Session and all the milestones stated above, and the plan of activities scheduled for 2022 as contained in the Green And Light paper V2 was part of the discussion and it was concluded that starting from Q1 2022, There will be regular AMA sessions for regular discussion of progress and for more community engagement.

Once Again, Thanks very much, enjoy your holidays and see you again in 2022.

Team Farmchain Finance.