Executive Summary

The digital revolution, including cryptocurrency and NFTs, has forever changed the way people live. Brands globally are exploring new ways to take advantage of this to remain relevant. Blockchain technology also changed the way people earn income, invest, which has become evident in the release of highly successful Play2Earn games such as Axie Infinity and Sandbox. However, people have also lost money along the way, due to the highly speculative nature of these projects. They somehow lack the solid, utility backing that allows the buyer to have a more secure return for their money.

The NFT and cryptocurrency market are ever evolving. The price of NFT prices are constantly falling because of its speculative nature. With unsound tokenomics and business models, many introductory NFT’s are not able to sustain the price of their digital assets and tokens, and investors are not able to experience long term gains for their purchases. Moreover, usually the early adapters are the ones who win, leaving behind those who jump in too late in the game.

There is an impending need and opportunity to revolutionize the NFT industry by merging web3 and how we interact with the real agricultural world globally to address this concern. By doing so, we are able to provide direct global access to funding through ASSET-BACKED Non-Fungible Tokens and give the opportunity for everyone to support agriculture.

Now that we're closer than ever to merging the digital world (a.k.a. the "Metaverse") with the Real World, the FEARLESS FARMERS NFT is here to provide limitless opportunities for people to live however they want to while earning tokens that they can use to get real-life benefits from the agricultural sector.