Peaq Launches World’s First Tokenized Robo-Farm in Hong Kong
- Peaq, DualMint, and KanayaAI are collaborating to build a tokenized vertical robo-farm in Hong Kong.
- The farm will operate autonomously, producing crops with an approximate yield of 20% annually.
- Vertical farming uses one-tenth the water and ten times less land than traditional farming methods.
- The farm’s cash flow will be linked to NFTs, offering returns based on food sales.
This innovative project combines blockchain technology with sustainable agriculture practices, aiming to enhance urban food infrastructure efficiently. The initiative leverages tokenization to link farm revenues directly to consumer demand.
The robo-farm is expected to go live in the fourth quarter of 2025, showcasing how automation can provide both sustainable food production and financial returns through tokenized assets. (Source)
