An Introduction to Raiz Vertical Farms The Farms of the Future

La Devochka
NEARWEEK
Published in
5 min readMar 29, 2022

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Raiz Vertical Farms is an initiative that proposes a fresh perspective on our relationship to the environment and the way we produce food!
By implementing vertical farming, Raiz aims to bring sustainable healthy produce to cities thus addressing some of the greatest challenges of our time: vulnerable supply chains, pollution, and resource scarcity.

Raiz has recently joined the NEAR Protocol ecosystem to open up new opportunities for its community and make a step towards developing a more well-rounded ReFi model.

Making Cities More Sustainable Through Vertical Farming

In the past ten years, the food industry has been the subject of concern for environmentalists and workers in the industry. Various reports and documentaries have helped unveil that the way we produce and consume food today not only undermines the environment but more often than not, also the health of consumers.

Awareness is growing among societies of the need for a new and more sustainable model for food production able to generate economic and societal value without harming the environment. Raiz Vertical Farms is one of such initiatives that aim to initiate an ecological and financial transition starting from the food sector.

Raiz Vertical Farms

By combining hydroponics, an innovative type of horticulture that does not require soil, and the use of solar energy, Raiz was able to create a system based on the principles of circularity, community, and scalability. Vertical farming not only requires much fewer resources and space compared to traditional agriculture but it can easily be introduced in urban environments thus cutting the emissions linked to the transportation of food products.

Through vertical farming, Raiz will contribute to addressing modern challenges related to food production such as vulnerable supply chains, resource scarcity, and pollution while bringing to the tables of consumers fresh 0 km produce. Going one step further, Raiz will also integrate blockchain technology into its ecosystem, bringing transparency, decentralized governance to its ecosystem, opening up new avenues for its network of suppliers, stakeholders, and consumers.

Raiz Vertical Farms Markets

Merging Physical and Digital Through NEAR

Being oriented at finding the best and most innovative solutions, Raiz’s team took a step toward bridging the gap between the physical and the digital by turning to NEAR Protocol; a scalable and carbon-neutral blockchain protocol. By leveraging NEAR Protocol’s technology, Raiz is going to boost its ecosystem development and adopt innovative solutions to push the boundaries of regenerative finance.

To begin with, Raiz is going to mint NFTs on Mintbase linked to rare plant species grown by Raiz. Through NFTs, Raiz will enable its investors to own the genesis plant/seed and hodl it as a commitment to sustainability. Next, Raiz will launch its DAO to develop a network of suppliers, stakeholders, partners, and consumers to facilitate the funding of green initiatives in the crypto space, as well as to facilitate processes of traceability in their supply chain. Raiz’s vision is also to implement clever token economics that will enable its community to access yield farming opportunities and increase the value of its DAO treasury by accessing NEAR DeFi products.

Through its integration with NEAR, Raiz will open up new possibilities for its community and for the NEAR ecosystem at large by fostering financial activities that create healthy and equitable social-environmental systems.

Raiz Vertical Farms’ CEO at NEARcon with Open Forest Protocol’s team

What’s Next?

Raiz has brought its vision for more sustainable food production to Lisbon, Portugal, where it is currently building its first center for vertical farming at Arroz Studios. In parallel to that, Raiz will work on its integration on NEAR and on creating a strong and vibrant community.

During the months of March and April, Raiz will focus on the construction of its farms in Lisbon and getting everything ready for the seedling, growing, and harvesting of the first plants expected in May. In June, Raiz will have its NFT launch and inaugurating party at Arroz as well as its pre-seed round.

2022 will be a year of growth for Raiz. To stay up-to-date don’t forget to follow Raiz on Twitter and keep an eye on its Website. Big announcements are coming!

About Raiz Vertical Farms

Raiz Vertical Farms is an initiative that proposes a fresh perspective on our relationship to the environment and the way we produce food. Started in 2020, Raiz Vertical Farms is turning Lisbon into an urban farm bringing sustainable, and healthy, km 0 veggies to the tables of Portuguese. As the project develops, Raiz will introduce vertical farms in other cities, initiating a real food revolution.

Raiz Vertical Farms: Twitter | Website

About NEAR Protocol

NEAR is a high-performance blockchain that is designed to be super-fast, incredibly secure, and infinitely scalable. NEAR’s vision is to create a network that enables people to re-imagine finance, creativity, and community in new and inclusive ways.

NEAR is built by an award-winning team of engineers and entrepreneurs to be simple to use, inclusive and good for the environment. NEAR is backed by top VCs such as A16Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures, Blockchain.com, and Baidu Ventures.

More information on NEAR Protocol: Twitter | Website

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La Devochka
NEARWEEK

Crypto scavenger and cypherpunk ally, writing on privacy, crypto projects, philosophy of technology and more.