2022 Year In Review

Farmchain Finance
4 min readDec 31, 2022
Farmchain Finance

We want to use this special Opportunity to say a Big Thank You to all Our Dear Esteemed Coop Members, Fans, Followers and Well Wishers.

This 2022 calendar year was a very interestingly successful year for us even when the global economic conditions weren’t that favorable leading to some bankruptcies, shake ups, downsizing of work force in major industries including financial and crypto markets.

In this report, we will focus on Key Milestones we achieved and all the key events and activities that contributed to our achievement, including a few highlights of our Roadmap for next year 2023.

Early on in Quarter 1, we decided to launch the Farmchain Finance Coop to serve as an umbrella cooperative society to all other affiliated cooperatives of which we had 20 of such that had already sign up last year we launched Farmchain Finance.

By Quarter 2, we finally got the license as a cooperative society with Farmchain Finance Multi-Purpose Cooperative Society Ltd as the registration name.

Coop Day Event 2022

We had an official launch of the Cooperative Society at the Cyberchain Uyo Blockchain And Web 3 Conferene, with about more 20 members added to the initial founding members at another special launch event to mark the 2022 World Coops Day On 3rd July 2022 and also received our official endorsement as a corporate member of the Stakeholders In Blockchain Association Of Nigeria (SiBan).

Early in August Quarter 3, we concluded and sealed a partnership deal with a reputable Real Estate Firm to Launch our LandBanking scheme in addition to the regular savings with different savings packages for our Coop members accessible on the newly launched V1 User Dashboard for all members of the coop. We were also among the start up in Nigeria and Africa selected to join the LBank X Adanian Labs Accelerator Program for Startups after a successful application and selection process.

CS Week 2022

In Quarter 4, we participated in the international Customer service week in early October and offered a 10% discount across all our products and services throughout that week and some new members and already active members took advantage of the opportunity for the week’s offering.

Infusion Lawyers

We also concluded and sealed a Legal Services Partnership deal with Infusion Lawyers

Commodity Of The Week

Then we also participated in celebration of the 2022 edition of the World Food Day,

Food Day

and then launched our weekly “Did You Know” and Commodity Of The Week” Series with periodic quiz contests and prizes that followed at the end of each month.

Microfinancing

We concluded this last quarter of the year with the Launch of our Micro Loans for individual Coop Members and Members who are operating SMEs within the Agribusiness Commodities And Fast Moving Consumer Goods value chains with Active loans going on currently and we will publish testimonials from some of our very active beneficiaries soon.

Please Check Our Oficial Tweeter Handle for Other Activities And Events that this report could not accomodate.Goodbye To Year 2022

Year 2023 in Anticipation

A sneak peek into the year 2013 is showing a bullish year full of opportunities even though the global economics and financial market is faced with uncertainties. One of the first products we will launch Early in Quarter 1, 2023 will be the weekly and monthly food banking and we will publish the details before or soon as we launch it

We will work to expand our coop membership base and expand our Fintech and Microfinance offerings to empower more SMEs other flexible loan plans both for individual loans and SMEs and just like we thought we could do it early 2022, we are also planning for Launchpad token sales for our $fifi tokens to be listed and officially traded on DEX and CEX as part of the plans to expand our Coop Membership base to an international cooperatives with all the necessary regulatory compliance and we hope to include financial reports to all members by quarter 4 next year.

Once Again, Happy And Prosperous New Year 2023 in Advance

From All Of Us At Farmchain Finance And Farmchain Finance Coop

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Farmchain Finance

Farmchain.finance Is A Defi Protocol With A DAO Features For The Business Of Empowering Real Farmers And Food Cooporatives Within The Global Agric Value Chain.