While crypto projects come and go, plenty of dedicated teams are building real-world use cases for blockchain and adjacent technologies. Dimitra is one such project laser-focused on solving some of the world’s biggest challenges. Let’s explore the DMTR token, its utility and the potential for massive global growth of the overall ecosystem.
If one industry can potentially impact problems with extreme poverty and world hunger, it’s global agri-food. Dimitra tackles these global issues by using the following advanced technologies; blockchain, AI, machine learning, IoT, Sensors, Satellites, and drones to impact worldwide agriculture development.
Working alongside global governments, farmer associations, NGOs, and development banks, the team is developing smart farming solutions designed to enhance food security through sustainable agriculture. The customizable farmer-first platform focuses on delivering agricultural technology to smallholder farmers across the globe.
Why smallholder farmers? With around 570 million smallholder farmers creating 70% of the world’s produce, focusing here is the best way to accelerate Dimitra’s mission to grow economies worldwide.
Dimitra is a comprehensive suite of technologies built to help smallholder farmers grow. Through the Connected Farmer mobile app, an integral part of the ecosystem, farmers can have:
Why is this important? By 2050, the global agri-food industry will need to feed 9.7 billion hungry mouths. With smallholder farmers usually having lots smaller than 2 hectares, the need for automation and technology to improve yields is essential.
With an estimated value of over $8.5 trillion, the agri-food industry is an environment ripe with advances and technological evolution. Unfortunately, those advances rarely make it to the 500 million smallholder farmers who need it most.
The Dimitra ecosystem empowers those smallholder farmers. The goal is to build an inclusive system that helps farmers collaborate globally. Dimitra helps accelerate the rate of technological adoption, create robust communities in the areas that need them most, and give opportunities to farmers who in the past have been all but forgotten.
Smallholder farmers unknowingly carry the burden of solving many of the world’s problems. Dimitra helps them connect with tools to improve yields, reduce costs, and mitigate risk with the mission to tackle the following global issues:
With a unique mixture of emerging technologies, Dimitra is like nothing you’ve seen before. Even with its powerful use case, many people are curious about how it all works. What part does the DMTR token play in the overall ecosystem, and what’s the value of owning DMTR?
DMTR is an ERC-20 based token launched on the Ethereum network. Put simply, DMTR is the backbone of the entire Dimitra ecosystem. It helps catalyze action in the proprietary Connected Farmer mobile app and, in turn, creates value for smallholder farmers.
Using the Connected Farmer app, a user can:
For all these actions, a farmer receives Dimitra Points through the Farmer Points Program. So, essentially for doing their everyday work and adding some modern reporting practices, farmers earn a valuable asset — in this case, Dimitra Points.
Now, what can a farmer do with these Dimitra points? Well, here’s where things get interesting. With Dimitra Points, farmers can:
Those agricultural services offered through the Connected Farmer platform allow users to increase yields, optimize efficiency, and modernize. A farmer could purchase a drone service for targeted pesticide treatment or buy sensors for soil monitoring, all with DMTR. This is giving farmers who would normally not have access to this kind of tech a front-row seat to current offerings of the global ag-tech industry.
Additionally, these transactions create a ripple effect throughout the ecosystem. An ag-service provider isn’t offering a one-to-one trade using DMTR. Instead, a margin is put on services and goods provided through the Farmer Points Program. While these margins on certain transactions are dependent on the service provider, the overall effect is to create value within the DMTR ecosystem.
If a farmer is short on DMTR to purchase a service from an ag-provider, they have the option of purchasing DMTR with fiat to make up the difference. This is another factor that will help push demand for DMTR.
Dimitra intends for its agricultural network to extend across the globe. You can imagine the amount of activity the ecosystem would see with millions of farmers and other users interacting and using DMTR. This not only helps farmers, but it helps add value to the token economy.
On the other side of this transaction are the governments, universities, and agribusiness partners who use the anonymous aggregated data generated through the platform. In return, they offer their services and products through the Marketplace. It’s a win-win.
Dimitra has partnered with Ocean Protocol to facilitate data set sales through the Ocean Marketplace. The revenue created here moves through a distribution channel — giving profits to farmers and other partners while injecting further value into the ecosystem.
As farmers feed more data into the system, services will improve. As demand grows, the system will incentivize farmers to earn or buy more tokens to access advanced services. All of this plays into the overall supply and demand mechanics of DMTR with the goal of increasing value for farmers and everyday token holders.
It’s easy to get lost in a sea of good deeds. At the end of the day, though, Dimitra is more than just helping develop the world’s first international agriculture network built on the block chain; it’s also about providing value to everyday token holders.
With economic and deflationary mechanisms built right into the token economy, holders see stability and growth when users interact with the ecosystem.
These mechanisms include:
All these mechanisms exist to keep the ecosystem stable and grow value for everyone involved, from farmers to everyday holders. With 18 million contracted farmers and many more on the way, the ecosystem is already working and creating this value.
Each activity that takes place, whether it’s on the farmer side or from other ecosystem partners, helps drive demand for DMTR. This demand has a positive impact on token price. While the goal is to empower farmers through this platform, don’t let the mission detract from the potential for growth that DMTR has ahead.
With a maximum supply of 1 billion tokens; the distribution model is as follows:
Here is a snap shot of DMTR, what the future holds in terms of token unlocking and what deflationary mechanisms are in place:
A current snap shot as of March 2022
27,645,969
A brief look at the future of DMTR through token releases.
A look at the unlock schedule for the team, advisors, and followers. No team members have sold DMTR as of March 2022. The team is behind the project 100% and sees the long-term prospects.
Tokens locked until March 2022. Founders and leadership have dynamic locking schedules that extend into 2023.
A glimpse at the mechanisms within the ecosystem that help drive value.
A snapshot of staking. The amount of staked tokens alone shows massive commitment from current holders.
The current percentage of staked tokens: 78.6% of total circulating supply.
There are 608 million family farms around the world, representing almost 3 billion people, occupying between 70 and 80 percent of the world’s farmland and producing around 80 percent of the world’s food.
Dimitra and the overall ecosystem have the potential to impact a considerable majority of these farms. By 2025, Dimitra aims to have a user base of over 100 million. As of 2021, the global number of crypto users broke 300 million. Given the powerful mission behind DMTR, the project could be as much as a third of the entire crypto user base in the near future.
Buying DMTR actually means you are making a real difference in the world with your investment. Purchases directly translate into getting the latest and greatest agricultural technology into farmers’ hands.
Dimitra already has 18 million farmers contracted into the ecosystem — a huge number considering the current stage of growth of the project. Unlike other projects that take five years to reach adoption, this platform is already working. If the future of crypto lies in real-world utility and massive adoption, DMTR is already ticking those boxes.
Moreover, Dimitra isn’t creating meme-friendly dog money; they’re creating a massive global network of agricultural development. Not only does DMTR empower financial and technological advances for smallholder farmers, but through their ecosystem grants and other features, they also help improve local governmental bodies, NGOs and the global agri-food industry as a whole.
The growth potential is astounding. Not only for farmers and their respective countries but for everyone involved with DMTR. It’s not only a token for change; it’s a utility token that powers a massive global agricultural movement.
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BELIZE CITY, BELIZE — Dimitra Incorporated, a global Agtech company on a mission to make its Dimitra Connected Farmer platform available to smallholder farmers globally, is working together with The National Federation of Panela Producers to help them achieve the modernization and sustainability of the sector.
The National Federation of Panela Producers, also known as Fedepanela, represents the entire Panela sector in Colombia. And knows the reality and needs of the sector, as it has been working for more than 45 years to develop the sector and empower the farmers.
Panela (also known as Rapadura or Brown Sugar) is made from sugar cane. Panela sugar is an unrefined non-centrifugal sugar derived from sugar cane juice. And is characterized by its caramel-like colour and high molasses content. This sugar industry is comprised of mostly smallholder farmers. After coffee, the panela sector is the second largest agroindustry in social importance in Colombia. Operated by more than 350,000 families. The sector is present in 29 of the 32 states and more than 50% of the Cities in Colombia. It has a planted area of 206,479Ha, more than 75,000 farms, generating more than 377,805 jobs per year. The country supplies 10% of the world’s production of panela!
Dimitra will provide knowledge and technology to help revolutionize the Colombian Panela sector. Through the use of Artificial Intelligence, Blockchain, Machine Learning, Drones and Satellite Images. Dimitra seeks to help farmers produce better quality yields with less cost and greater productive predictability.
Together, Fedepanela and Dimitra will deliver cutting-edge technologies and data-driven insights to farmers. Allowing them access to information and guidelines that help improve their profitability in an increasingly sustainable way through Dimitra’s application.
The first step of working together will involve conducting a field test in the next few months. Since Panela is a product with a high social impact in Colombia, this partnership is expected to greatly reduce poverty, fight hunger in Colombia and other countries, and contribute to the increased Colombian GDP.
Fernando Mahecha Aguilera, Dimitra’s Colombian Sales Partner, says, “Signing the Memorandum of Understanding (MoU) between Fedepanela and Dimitra Technology, represents Colombia’s entry into the use of agrotechnological techniques that will bring our agriculture, livestock, and fish farming to precision levels, raising the production, reducing costs and mitigating risks, achieving a quantum leap thanks to the democratization of knowledge in the rural sector for small and medium growers, which will provide them with better standards of living by taking them by the hand and directly to the agro-industrialization of its products, putting them in contact with international markets. Our “Connected Farmer” application is this and much more for our society and the rural world.”
The National Federation of Panela Producers of Colombia — Fedepanela, says, “We have decided to sign a Memorandum of understanding with Dimitra Technology because it is the best alternative that allows us to innovate in the sector, which enables us to enhance the productive and sustainable development of our producers.”
Dimitra is a global Agtech company with a mission to help smallholder farmers across the world. Dimitra works with governments, government agencies, NGOs, and for-profit organizations. The Dimitra platform is built on blockchain technology and incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data-driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every smallholder farmer should benefit from simple, beautiful, and useful technology regardless of economic standing.
Fedepanela It is a non-profit union entity representing the Paneleros producers from all over Colombia. Its main objective is to promote the improvement of the standard of living of all the producers who work in the Panelero subsector, to make this activity competitive and profitable, defend the collective interests and the remunerative income of its members, as well as contribute to technological development, social, commercial and environmental aspects of the national rural sector.
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Dimitra Incorporated, an Agtech company on a mission to make its Dimitra Connected Farmer plat form available to small holder farmers globally. Has joined The Linux Foundation’s AgStack Project as a gold member. Agstack is a Foundation that seeks to improve global agriculture efficiency. By creating, maintaining, and en hancing free, re usable, open, and specialized digital infrastructure for data and applications.
Dimitra released their base plat form over a year ago and is developing a global eco system. That enables other companies to develop on top of the Dimitra App, making their tech available to Dimitra’s customers. AgStack Foundation has developed various agro nomic models and data for pest, crop, and animal management as well as weather prediction.
Dimitra’s CEO says, “It is exciting to join the Agstack @ The Linux Foundation to further the development of advanced technologies helping farmers of the world. Agstack’s partners are leading global open source initiatives to aid in the development of extensions to support compliance, privacy, user management, and hard ware integrations.“
“The world’s food supply needs a 21st century make over and digital trans formation is coming quickly to a farm near you. To empower the leaders of this change across our planet, AgStack offers a free, open, and robust digital foundation to ensure system interoperability, code reusability, and reduced time- and cost to market”. Says Sumer Johal, Executive Director and Founder of AgStack @ The Linux Foundation.
Dimitra is a global Agtech company with a mission to help small holder farmers across the world. Dimitra works with governments, government agencies, NGOs, and for profit organizations. The Dimitra plat form is built on block chain technology. And incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every small holder farmer should benefit from simple, beautiful, and useful technology regardless of eco nomic standing.
AgStack is a project of The Linux Foundation. The project seeks to improve global agriculture efficiency by creating, maintaining. And enhancing free, inclusive, re usable, open, and specialized digital infrastructure for agriculturally relevant data and applications. AgStack leverages the governance and collaboration structure and processes of The Linux Foundation. The world’s largest collaboration of open source software spanning over 40 countries and 1 million developers.
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Dimitra Incorporated, a company on a mission to make its Dimitra Connected Farmer platform available to small holder farmers globally. Is excited to be working with Solok Radjo Cooperative, a Coffee Cooperative and farming community based in West Sumatra, Indonesia.
Solok Radjo and Dimitra have signed an agreement to develop a solution. Accelerating the growth and profitability of Solok’s coffee to premium export markets. Demand for traceability and provenance in today’s coffee industry requires that the solution manages all areas of the extended supply chain — farming, collection, processing, and exporting.
Solok Radjo’s sustainability strategy has seen the development of an integrated agricultural ecosystem. As well as agroforestry, this ecosystem incorporates cattle as a source of dietary protein, domestic income generation, and fertilizer byproducts that are then spread on the coffee plantation.
By leveraging the power of the Dimitra ‘Connected Farmer’ application and dash board, vital information will be collected and added to the Dimitra block chain to provide immutable records of events for the traceability of Solok Radjo coffee for export to the United States, Australia, and Europe.
Dimitra brings a simple to use platform for the farmers and cooperative management. It is simple to use for them but a hugely powerful back end that will use Machine Learning (ML) and Artificial intelligence (AI) to pull insights from tracked activities in the field. As well as generating the export documentation required to ship to end customers.
Solok Radjo Cooperative is a progressive social farming enterprise using environmentally friendly farm practices to nurture the land under crop. The cooperative motivates farmers to optimize the yields of their land. Farmers should be able to gain benefits from coffee farming while the cooperative process and market the coffee fruits. In addition, cattle are included in the eco system for human protein. Sales to domestic markets for diversified income and the manure is used on the plantations to boost soil health. Solok Radjo has 3300 farmers within the network of the cooperative and is looking to double their farmers in the next two years.
Dimitra’s Indonesia Country Partner, Ricky Tanudibrata, said, “The Solok Radjo cooperative is an exciting opportunity to prove the effectiveness of the Dimitra Connected Farmer solution in Indonesia. This will open opportunities across Sumatra and Indonesia, which are enormous.”
‘Partnering with Dimitra is important for Solok Radjo to realize an integrated, data based, sustainable coffee. We are greatly looking forward to working with Dimitra’s Connected Farmer platform to provide a more structured approach to our production and to allow us to meet the requirements of our export partners while helping the environment and the lives of our cooperative community,” said Head of Solok Radjo project, Alfadriansyah (Adi).
Dimitra is a global Agtech company with a mission to help small holder farmers across the world. Dimitra works with governments, government agencies, NGOs, and for profit organizations. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every small holder farmer should benefit from simple, beautiful, and useful technology regardless of standing.
Solok Radjo Cooperative is a network of 3300 members producing coffee for domestic and export markets. The cooperative’s point of difference is their focus on agriculture and re forestry throughout the coffee growing activities. Protecting coffee plots with shade trees provides a buffer for soil erosion and prolongs the coffee cherry window. Solok Radjo — “coffee for the people and the earth.”
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Dimitra Incorporated, a global Agtech company on a mission to make its Dimitra Connected Farmer platform available. To small holder farmers globally, is thrilled to announce a new agreement covering Pico’s Agriculture Farms in Egypt. This agreement signed along side our Technology Partner Prosoft Information Systems as one of the Egyptian leading Technology companies.
Pico Modern Agriculture will benefit from Dimitra’s Technologies, knowledge, and experience. To empower their farms and services with emerging technology capabilities through this strategic collaboration. Through the collaboration and use of the Dimitra Connected Farmer Modules and Dimitra Advanced Technologies. Pico Agriculture can utilize technologies such as IoT (Internet of Things) Devices & Sensors, Weather, Satellite Report, and many more. In addition, Pico Modern Agriculture Company can access Dimitra’s Modules and strategic consultancy. For end to end execution, which will result in cost optimization and value creation. “The agreement between Dimitra and Pico Agri will focus on increasing yields and reducing costs for Pico crops and farms.”
The relationship will enable Pico Farms to leverage Dimitra’s Technology leading position in digitizing its consumer products and service offerings. Dimitra’s Regional Director, Maged Elmontaser, says, “ Pico Modern Agriculture Company is a leading agriculture company with a long tradition of successful business operations over the last two decades. Dimitra has focused on its transformation to ensure we stand side by side with Egypt’s most developed Agriculture companies. Our cooperation with Pico will provide them with access to all important resources in the sphere of digital transformation. And make it possible for us to increase the efficiency of their operations, optimize costs, and improve Pico’s farming experience. ”
Dimitra’s Country Sales partner Mr. Atef Tawfik states: “We are delighted to welcome Pico Modern Agriculture Company to our customers’ market family and look forward to working together to bring the benefits of our knowledge and expertise.”
Prosoft’s Business Development Specialist, Hussein Ayman, says “Dimitra, along side its technology partner in Egypt, Prosoft Information Systems, is thrilled to announce an MoU with PICO Agriculture. The MoU provides a framework for all parties to lead the way towards smart, data driven agriculture in line with the Egyptian government’s strategy for embracing the 4th Industrial Revolution. For the past 5 decades, PICO has been a market leader and a household name, innovating in the growth of premium fruits to supply local and global markets at world-class standards. Partnering with Dimitra allows PICO to blur the boundaries between the physical, digital, and biological worlds as they begin to adopt artificial intelligence, data analysis, satellite imaging, and IoT enablement. This adoption of technology will help PICO meet its sustainability goals. While also boosting operational efficiency, as utilizing precision agriculture methods allows them to do more with less.”
Dimitra is a global Agtech company with a mission to help small holder farmers across the world. Dimitra works with governments, government agencies, NGOs, and for profit organizations. The Dimitra platform is on block chain technology and incorporates. Mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every small holder farmer should benefit from simple, beautiful, and useful technology regardless of economic standing.
PICO Modern Agriculture Company 1974 by its founder, Dr. Kamel Tawfik Diab. PICO uses advanced technology, cultivating neglected land and effectively establishing long-lasting global relations to increase its export and boost the Egyptian citrus industry. Currently, PICO supplies superior produce all across the world.
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With responsible design, development, and implementation, drones are invaluable AgTech tools, especially for smallholder farmers who feel losses and gains acutely. That’s why Dimitra is partnering with DroneX and other drone manufacturers to implement drone-based solutions. Keep reading to learn how we’re using drones to help farmers increase yield, mitigate risk and develop more sustainable practices.
Dimitra’s Connected Farmer platform will harness multiple technologies, including drones, to make precision agriculture a reality. Smart drones, sensors, satellites, machine learning, and numerous supporting modules will allow smallholder farmers to receive unprecedented insights at every stage of crop production.
Smart drones, also called aerial robots, do more than provide an additional vantage point (although that alone is helpful to farmers). They can also accomplish a variety of critical tasks, including the following:
Create 3D models of properties
Seed crops or pasture
Spray crops or pastures for weeds or with liquid fertilizer
Photograph plants for pathogenic infections
Survey farms for pest infestations
Conduct detailed, on-the-fly analysis of water points, infrastructure or environmental damage after weather events
Autonomously undertake repetitive tasks
As drone technology improves, there’s no limit to agricultural applications. With the adoption of AgTech solutions like smart drones, farmers can improve their yields, their lives, and their land.
Drones are expensive and not viable in most cases for small holder farmers to purchase. This is why Dimitra is working with hardware and software vendors to create service models.
In addition to seeding and spraying, smart drones can help small holder farmers scout and map areas, pollinate, monitor livestock, and more. Despite their transformative potential, the reality is that drones are too expensive for smallholders to purchase alone. However, drones can be hired to do small jobs for the farmer at an affordable cost per acre with a community-based approach to ownership. Additionally, community members can learn how to operate drones, opening up a new alternative income stream.
Dimitra’s mission is to equip under served farmers with AgTech to improve their quality of life and their environment. Accomplishing this requires a unique company structure. As a result, the Dimitra Ecosystem is divided into four equally important parts:
Labs Dimitra Labs, develops and delivers software solutions
Dimitra Ecosystem Partner, includes service and tech startups that help deliver Dimitra services to farmers
Incorporated Dimitra Incorporated, which encompasses the DMTR token, as well as serves as the International HQ
Dimitra Investments, which facilitates innovation contests, AgTech business funds, startup funds, camps, and more
As a Dimitra Ecosystem Partner, DroneX and other drone manufacturers help develop. And deliver smart drone technologies to the farmers who need them most.
How is $DMTR a Key in our Ecosystem?
When farmers utilize the Dimitra Connected Farmer Platform while using a drone on their farm, they acquire Dimitra points as an incentive to record their farming information. Once farmers have accumulated enough points, they can transfer them into Dimitra token ($DMTR) to purchase ecosystem services such as a drone specialist that will help improve their farm conditions. Alternately, farmers have the opportunity to transfer their DMTR into another cryptocurrency and off ramp into their local currency. Farmers’ trust in the Dimitra system grows as yields increase, creating a service and token demand cycle. The utility of the DMTR token drives the Dimitra ecosystem, but more specifically, it drives Dimitra’s drone ecosystem.
The Dimitra Open Hardware Ecosystem (DOHE) encourages third party hardware developers to create and deploy complementary devices in the Dimitra ecosystem. As such, the potential for partnerships is unlimited. In addition to drones, technologies could include animal GPS and soil sensors, edge computing devices, WiFi gateways and routers, robots, motion detectors, intrusion detectors, livestock wearables, and more.
In the software as a service (SaaS) model, a cloud provider hosts applications accessed by end users through the internet. This allows for a more equitable distribution of essential AgTech.
By using the drone as a service (DaaS) model. Dimitra will help agricultural communities fund drones, train pilots, and create drone related businesses that serve community needs.
Dimitra could not be more excited to welcome DroneX to the Dimitra Ecosystem! As a cutting edge development and manufacturing startup, DroneX focuses on creating designed for purpose drones. The company was developed from the ground up and doesn’t rely on third party controllers or cloud systems to manage drones or data.
DroneX is headquartered in Sydney, Australia, but has deep connections to Vietnam. With valuable insights into the distinct struggles of rural farmers in Southeast Asia, DroneX is an ideal partner with which to begin this journey. Together, Dimitra and DroneX will create bundled hardware software solutions, starting with offering spray drones and management platforms to farmers in Southeast Asia.
To end the climate spiral, we must encourage the adoption of AgTech on rural farms throughout the world. Doing so will preserve resources, reduce land degradation, and help stabilize the most threatened areas by climate driven crises. Smart drones are one of the many technologies that will help us achieve this.
You don’t have to develop software or own a startup to support Dimitra’s mission. You can join the effort through Dimitra’s DMTR token, which is listed on Kucoin, Uniswap, Gate.io, and Bitmart. The fight against world hunger and climate change won’t be won by companies alone; it can only happen with support from readers like you.
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Dimitra Incorporated ($DMTR) is entering the agricultural lending market, making micro loans available to 570 million farmers globally through Dimitra’s proprietary agricultural management platform. The platform will provide loans in three areas, crop inputs, live stock, and trade finance. Dimitra is banking the unbanked by providing access to capital to those that don’t have access to capital. CeDeFi Breakdown
The loans that Dimitra is offering provide small holder farmers the opportunity to collateralize their crops by securing a loan with crop certificates (a promissory note related to harvest). For example, these loans can be for inputs (seed, fertilizer, and chemicals) which are then repaid upon harvest and when the crops are sold to market. Keep reading for a step by step guide on how these microloans work.
The following scenario is directly applicable to trade finance deals. Consider what happens if a farmer can produce the crops needed throughout the season. But is waiting on export or an external vendor for payment?
The trade finance method benefits both the farmer exporting their goods and the customer importing them by introducing Dimitra as a third party to mitigate their payment and supply risks. Dimitra provides the farmers with accelerated receivables and the customer with extended credit. Combining the financial and agriculture industries while integrating more parts in the supply chain gives farmers and exporters customers more opportunities to conduct business.
Each lending partner will receive access to a portal or application integration to help manage members and track each step from the loan approval to shipping, and lastly, payment. In addition, Dimitra will introduce more parties into the system by integrating trade finance, creating full transparency for each party involved.
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Smallholder farmers face a crisis of scarcity, their resources are ever-diminishing and their needs are ever-growing. Small, multi-generational farms are responsible for feeding local communities around the globe. As the climate crisis escalates this situation, an existing environment of tension reaches a new level of severity. Impoverished farmers are faced with impossible circumstances and have no recourse or funds to dig themselves out. This is a problem that demands a solution.
Agricultural development is one of the most powerful mechanisms to ending extreme poverty. Compared to other sectors, it is two to four times more effective in raising the incomes and the living standards amongst the poor. Small holder farmers that have access to better financial support have opportunities. To increase their profits and increase overall productivity on their farms. Dimitra can help provide this support.
As an example, let’s take Joshua Reyes, a smallholder farmer in the Philippines. Joshua and his family will plant, tend to, and harvest a full crop load of rice. From their two hectares of land every viable season. Unfortunately, the effects of the latest typhoon Rai caused Joshua’s family farm to be impacted by severe flooding. And they lost all their crops and the few livestock they had.
The country’s agriculture ministry estimates farming and fishing took a $230 million hit, severely impacting the communities affected. This is not an uncommon situation. As climate disasters become increasingly common, more farmers are at risk of being affected in the coming decades. In many cases, humanitarian aid is available to cover the immediate survival needs of the community, but it is not always sustainable for long-term recovery. Dimitra’s CeDeFi agricultural loan system can provide Joshua and farmers like him with more opportunities. And allow him to have a second chance to feed his family this coming season.
So what happens now? Farmers like Joshua that have access to Dimitra’s Connected Farmer Platform will have the ability to submit an online application for a loan to help get their farm back on track through the finance module. All farmers who apply for the loan must be members of a cooperative, government, or a non-government organization in a country that Dimitra currently operates in. Once the loan is approved, funds will be automatically transferred to Joshua as USDT or another stable coin. By partnering with local banks, lending institutions, and in-country partners, set up jointly by Dimitra. And the cooperatives, farmers will have increased access to cash to make their businesses prosper.
Joshua will have the chance to use the loan to assist in buying crops, seeds, fertilizers, services, chemicals, or general tools to help with his farming needs next season. For the loan approval and monitoring, farmers will have to use the app and enter specific data about their farm location, soil preparation, planting, and plant care throughout the season. With the farm location, Dimitra can monitor crop performance via satellite imagery and look at the past 15 years of crop performance on the same land. Dimitra’s teams will analyze the data submitted to help Joshua get the most out of his crop yields, mitigate potential risks, and regularly provide him with actionable insights.
The Dimitra CeDefi loan program is underpinned by the Dimitra Token ($DMTR), which drives the ecosystem within the Dimitra platform. DMTR token is like the “gas” within the engine of the Dimitra ecosystem, and Dimitra token investors act as the “gas” providers, helping to make a difference in the Dimitra ecosystem and in the lives of many. $DMTR token staking is also another way to provide financial yield opportunities to participants in the rapidly growing world of decentralized public crypto-economics.
The Dimitra CeDefi loan program is an example of multiple technologies being used to open new doors. For smallholder farmers in ways that were not possible before. The CeDefi program helps leverage banking and integrates sectors that previously had no connection. Farmers may not have the means to transfer crypto to money. Still, the Dimitra application and its partnerships with lenders and banks will allow for this opportunity of integrating agriculture and cryptocurrency.
Making a lasting impact on the lives of farmers and creating a more sustainable future for farmers like Joshua Reyes is Dimitra’s goal. Dimitra aims to reach 100 million smallholder farmers with the Connected Farmer application in 4 years. The Dimitra Platform enables farmers to use advanced technology and provide real actionable data. It also helps break the cycle of poverty, enrich farmers’ lives, and increase crop yields and healthier livestock.
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Dimitra Incorporated, a global Agtech company whose mission is to make its block chain based Dimitra platform available to small holder farmers, today announced that it has joined the Enterprise Ethereum Alliance (EEA). A member led industry organization dedicated to driving the use of Enterprise Ethereum and Mainnet Ethereum block chain technology. As an open standard to empower all enterprises.
As a member of the EEA, Dimitra will collaborate with industry leaders. In pursuit of Ethereum-based, technology best practices, open standards, and open source reference architectures. Dimitra is excited to be part of the EEA. And will bring the Dimitra platform to the EEA membership with the intention of growing the Ethereum eco system.
“We’re excited to join the EEA which will offer us the opportunity to leverage the EEA’s expertise in enterprise grade block chain and software development and to collaborate with their community and explore best practices learned through years of block chain integration,” said Jon Trask, CEO, Dimitra Incorporated.
The EEA’s membership base represents companies from every region of the world. The EEA’s Interest Groups, Working Groups and events bring together the top Ethereum and global business leaders, technologists, and industry experts to learn about the latest business reference implementations, real world use cases, and technical innovations. The EEA Community Projects, the governing body of critical Ethereum projects like the Baseline Protocol Initiative, is the hub for open source standards development in the Ethereum industry. Alongside EEA’s member driven initiatives, the EEA Community Projects extends the pool of partners, talented developers and engineers dedicated to solving similar problems. And helping the Ethereum community innovate even faster around initiatives.
The Enterprise Ethereum Alliance (EEA) enables organizations to adopt and use Ethereum technology in their daily business operations. The EEA empowers the Ethereum ecosystem to develop new business opportunities, drive industry adoption, and learn and collaborate. The EEA Community Projects will help businesses innovate even faster around standards. And project initiatives that benefit Ethereum as a whole. To learn more about joining the EEA, reach out to membership@entethalliance.org or visit https://entethalliance.org/become-a-member/.
Dimitra is a global Agtech company with a mission to help small holder farmers across the world. Dimitra works with governments, government agencies, NGOs, and for-profit organizations. The Dimitra platform is built on block chain technology and incorporates mobile technology, machine learning, IoT devices, satellite and drone imagery, genomics, and advanced farming research. Through our data driven approach, Dimitra helps farmers increase yields, reduces expenses, and mitigates risk. Dimitra believes that every small holder farmer, regardless of economic standing, should benefit from simple, beautiful, and useful technology.
New Horizon Building, 3-1/2 Miles Philip S.W. Goldson Highway, Belize City
info@dimitra.io
Belize City, Belize — Decentralized finance (DeFi) has upended traditional finance models across all industries. Dimitra, a leader in agritech and blockchain, has developed a novel and new approach to lending for farmers across the globe. With this new initiative, Dimitra’s token holders also stand to benefit from increased utilization of the Dimitra $DMTR token across the Dimitra ecosystem and Dimitra token holders will also directly participate in making a difference to the farmers who need it most. Dimitra token holders stand to benefit from a strengthened agro value chain as the company launches its CeDeFi lending product.
Dimitra is a purpose-driven company with a unique mission of providing its agrotechnology platform to smallholder farmers globally. This mission is by the $DMTR token. Which cryptocurrency investors can find on Kucoin, Gate, Bitmart and Uniswap.
Dimitra’s next step is CeDeFi lending, and Dimitra has partnered with countries across Asia, Africa and South America. Dimitra has established a few critical lending pilots with key partners and offers “input” lending to farmers and this will get the much-needed funds directly into the hands of those who need it the most.
Dimitra agrifinance loans will initially be for agricultural “inputs” — including seed, chemicals, fertilizer, and trade finance. Combining this with the Dimitra Connected Farmer application will enable these agricultural cooperatives partners and farmers within these organizations to improve their production and better manage a complex value chain by helping with tracking and tracing of their products and livestock to international export markets while also having the positive effect of commanding better prices for their goods.
Dimitra agrifinance loans will be delivered through farming cooperatives, associations, and unions. They will go directly to farmers and include insurance that helps farmers mitigate the risk of default, climate change and natural disasters.
Dimitra Founder and CEO, Jon Trask, a subject matter expert in enterprise blockchain and emerging technology explains, “Smallholder farmers face a crisis of scarcity: their resources are ever-diminishing and their needs are ever-growing. Small, multi-generational farms are responsible for feeding local communities around the globe. As the climate crisis escalates, an existing environment of tension has reached a new level of severity. Impoverished farmers are now faced with impossible circumstances and have no recourse or funds to dig themselves out. This is a problem that demands a solution.”
Trask understands that agricultural development is one of the most powerful mechanisms to ending extreme poverty. Compared to other sectors, agriculture is two to four times more effective in raising the incomes. And living standards of the poorest people in the world.
Smallholder farmers with better access to financial support will have greater possibilities and opportunities to increase their profit and overall productivity on their farms.
Dimitra has agreements in place with lending institutions to provide loans through farming cooperatives with over 50 million farmers. They are piloting these loans while testing related smart contracts in early 2022. And will begin scaling lending operations in the coming months. Dimitra has an immediate requirement to provide for 50,000 individual farm loans across a small group of farmers unions.
Dimitra $DMTR Token holders and members of the crypto investment community are watching this rollout closely. The company has confirmed that 100% of the income from loans will be traded through the $DMTR/USDT pair. And remain within the Dimitra value chain. This is to include loan premiums and profits.
New Horizon Building, 3-1/2 Miles Philip S.W. Goldson Highway, Belize City
info@dimitra.io