Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] PAVO - IoT Blockchain for the AgTech Ecosystem
by
Dump3er
on 12/05/2018, 15:20:48 UTC
Why is Pavo needed? Why does the cannabis industry need you?
There are a number of serious problems in the current cannabis industry, which PAVO resolves:
1. The main problem is decreasing prices. This is caused by:
-expansion of growing facilities,
-increase in both supply and competition.
2. Another important problem is rising utility costs – this is one of the largest problems for growers.
3. Indoor growers encounter long-term problems with landlords (usually due to mistrust).
4. Regulatory oversight under a number of laws severely limited the industry after legalization, leaving market participants struggling to maintain compliance.
5. Huge bills on energy, because it does not enjoy lower per-unit costs with increased volume.
6. Scaling grower operations without an industry-grade IoT platform will be very difficult. Pavo will provide the scalable, trusted, and secure platform and help the Cannabis Industry to prosper and flourish.


This is an interesting concept! One thing I wonder about though is that many here are writing about Cannabis. Will that be your first focus and are you going to expand beyond that?
We will work with agriculture broadly. Cannabis is just one crop, and from a horticulture perspective, it is like most other crops. Indoor cannabis is directly adjacent to indoor farming for other produce crops, like lettuce, spinach, strawberries. We also have deployments planned, and underway, with tree nut orchards (walnuts, almonds.)

Nice stuff and I guess competition in this area isn't that tough is it? I mean in terms of blockchain businesses trying to do the same?