RWAA - Real World Agricultural Assets. NFTs (AgAsset Digital Twins) to digitally represent Farms, Fisheries, Forests and Factories/Facilities (agri related) to provide a unique AgAssetDID to enable smallholders to better participate in supply chains.

[GENERAL] Name and surname of main applicant

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

Create a low cost way to digitally record farm and crop data to facilitate collective bargaining, reduce power of intermediaries and facilitate inclusion into financial ecosystems and supply chains.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

No dependencies which are not Open Source

[GENERAL] Will your project’s output/s be fully open source?

[GENERAL] Please provide here more information on the open source status of your project outputs

MIT License

[METADATA] Horizons

[SOLUTION] Please describe your proposed solution

Globally over half a billion smallholder farms lack productivity or income stability due to low visibility to and from input and output supply chains. This limits access to agronomy science and financial services. Many farmers also lack official land use historical records and associated rights, inhibiting willingness to invest in the farm, or the ability to securing working capital, agri insurance or NGO support. This results in low productivity and income stability.

In emerging markets, lack of official and reliable farm related records are a key inhibitor, so creating digital digital twins of farms will leapfrog this inhibitor.

RWAA or Agri Digital twins will engage farmers, input suppliers, farmgate buyers, financial ecosystem providers, agri science advisors and other agri supply chain participants, possibly up to end consumers who care about product provenience.

Impact can be measured by number of participants using the RWAA Framework and to tools built upon it.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

The RWAA project will bring large numbers real world users from emerging farming areas to the Cardano community. There are 500 million smallholder farms globally support another 200 related small businesses.

Impact will be measured by number of AgAssetNFTs generated and active and number of transactions associated.

Number of AgAssetNFTs will be openly visible as will transaction numbers and value of on-chain transactions for TradeFi, DeInsure and product provenance look-ups on chain. Concentrations of activities will be clear indicators of opportunity hotspots.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

I have worked in finance and technology for 40 years and been involved in blockchain since 2015 when a young Vitalik described to me his vision for a World Operating System using blockchain. For 5 years I built parametric weather-indexed insurance products targeted at smallhodler farms, including temperature, drought and typhoon protection (typhoon was built using smart contracts in NEAR, but eventually deployed with a centralised architecture). I have worked in banking and corporate tech, and fintech, and founded and cofounded several financial and tech startups in multiple countries. One p-2-p protocol trade sale and one fintech IPO. I have roamed extensively on the ground in poor rural areas to understand their issues and needs.

More details of my professional history: https://www.linkedin.com/in/daikyukim/

I will create a monthly budget schedule and publish prior months project financials within 7 days of end of prior month.

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Create toolkit to delineate farm borders using combination of satellite data and/or government data and/or mobile GPS data and/or open source GIS frameworks (such as QGIS). Note: This MVP is for product design and pilot purposes and will not include border dispute resolution functionality.

Acceptance Criteria & Evidence of Completion: Ability to map a any given land area and represent it in QGIS.

Use geometry vector data file to create Unique Identifier Hash, which is deterministically re-creatable, even with slight variations in input factors, but without risk of collision with any other Unique Identifier Hash.

Acceptance Criteria & Evidence of Completion: 1. Generate Unique Identifier Hash for a given property geometry sample; 2. Re-generate same Unique Identifier Hash using slightly different inputs for the same property; 3. Rotate property geometry by 30° or move geometry by 30 metres to show no collision of Unique Identifier hash.

Place AgAsset Digital Twin NFT on-chain.

Acceptance Criteria & Evidence of Completion: View AgAsset Digital Twin NFT on-chain.

Store AgAsset Digital Twin NFT associated mapping data in a distributed file system.

Acceptance Criteria & Evidence of Completion: Read stored AgAsset Digital Twin NFT associated mapping data from the distributed file system.

Publish all code under MIT License.

Acceptance Criteria & Evidence of Completion: Assign testers to use the completed tools to: 1. create property geometry data (map); 2. generate Unique Identifier Hash; 3. Place AgAsset Digital Twin NFT on-chain; 4. Store AgAsset Digital Twin NFT associated mapping data in a distributed file system; 5. Read stored AgAsset Digital Twin NFT associated mapping data from the distributed file system.

[RESOURCES] Who is in the project team and what are their roles?

Project Lead: Dai-Kyu Kim

GIS Domain Expert: Candidate Identified

Cryptographic Coder: Candidate Identified

NFT Toolkit Developers: Team Identified

DePIN/IPFS Coder: Candidates Identified

I have been active in the software and blockchain space for many years and have formed several teams for various projects and I am networked with many domain specialist relevant to this project. I am confident that I can access the skills needed to complete the project.

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Month 1: Farm borders delineate tool:

• ₳10,000 DK Kim, Project Lead
• ₳10,000 GIS Domain Expert

Month 2: Farm borders delineate tool:

• ₳5,000 DK Kim, Project Lead
• ₳5,000 GIS Domain Expert (Thailand)

Month 3: Farm borders delineate tool:

• ₳5,000 DK Kim, Project Lead
• ₳5,000 QGIS Coder

Month 4: Farm Unique Identifier Hash

• ₳5,000 DK Kim, project lead
• ₳5,000 Cryptographic Coder

Month 5: NFT Factory

• ₳5,000 DK Kim, Project Lead
• ₳5,000 Web3 Coder

Month 6: Store Mapping Data

• ₳10,000 DK Kim, Project Lead
• ₳5,000 DePIN/IPFS Coder

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

This project can onboard a large number of currently non-crypto users with real needs that decentralised technologies can most efficiently address as the current systems are either non-existent or rife with corruption and abuse of weaker players. These new user will bring with them their Real World Agricultural Assets so as to be able to protect themselves from abuse by more powerful payer in their ecosystems.

Everybody is tired of "another thing to change one crypto into another crypto, etc.". The blockchain world is waiting for real world use cases that can impact large numbers of people who find little protection from the governments and systems where they live - the aspect where blockchains can be structurally superior to centralised systems.

This RWAA framework has the potential to efficiently onboard a large number of real world users with real world agricultural assets and real world needs without the need to offer high return to entice them.

The costs are estimate drawn on my experience in software development and my familiarity with many participants in the crypto space and understanding of what they will contract for for this kind of project, especially in the recent context of of some of their crypto project funding drying up so they are or soon will be available for contracts at reasonable prices ;)