SAAT COIN White Paper

www.saatland.io

Smart Farming

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TABLE OF CONTENT

Introduction -------------------------------------------------------------- 2

Our vision ----------------------------------------------------------------- 7

SAATLAND Exchange Platform ------------------------------------- 10

The SAAT Coin Project------------------------------------------------ 14

Technological Resources --------------------------------------------- 15

Smart Farming ---------------------------------------------------------- 15

Greenhouse Farming -------------------------------------------------- 16

The Team ----------------------------------------------------------------- 22

Conclusion --------------------------------------------------------------- 23

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INTRODUCTION

We are proud to introduce the first ever High Technology Agribusiness

for efficient agric produce harvest for both local and foreign consumption

and the diversification of the present farming system for sustainable job

creation, through raising a cryptocurrency based on real farm produce.

Farmers in less developed countries face a lot of challenges. They do not

have access to credit, and around 40 percent of the produce is lost before it

reaches the final consumer. There is a lot of local and international demand

for West African food crops like coffee, cotton, maize, plantains and

cassavas.

The goal of the project is to raise funds via a blockchain system and an

ICO for modern ICT based agricultural extension innovations, such as Smart

Farm, Greenhouse Farming, and Low Temperature Warehouse, Drip

Irrigation etc. in West African Sub Region. Through creating a real produce-

based blockchain option at low price and issuing SAAT COIN, which entails

entering the cryptocurrency market and continuous distribution of agric

farm produce harvest in Ether on SAATLAND Exchange Platform.

We offer a profitable asset to interested investors. SAAT intends to

expand and bring the use of ICT in modern agric-business on a large-scale

High Technology and Individual small holding agricultural production.

Starting with some West African countries, SAAT intends to expand beyond

its current West African field, and rehabilitate more rural farmers

operating within the precincts of African continent.

The goal of the project is to address the lack of the most appropriate

agricultural inputs in Africa, and tap into the full potentials of crop

production activities for local and foreign consumption.

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Africa with its vast land area covering 3 billion areas has 1.3 billion

area of agricultural land out of which only 252 million areas (19.36 %) is

arable. Africa is the center of origin and also a major producer of several

agricultural products like cotton, maize, coffee and African rice. Agriculture

is the ‘engine for growth’ in Africa. With subsistence agriculture practiced

by majority of local farmers, yield gaps are high and poor soils, amongst

other constraints add to the difficulties for sustainable farming and

incomes. Agricultural product like Sorghum, Maize, Coffee and Rice are

major staple foods of the most population. These Agric products are grown

over an area of 98.6 million area producing 162 million tons.

Area and Production of concentrated crops

Crop Africa 2012

Area Production

Maize 34,075,972 70,076,591

Coffee 19,998,008 16,008,838

Rice 11,206,813 28,798,202

Cotton 23,142,595 23,350,064

Total 88,001,128 137,718,308

FAOSTAT | © FAO Statistics Division 2015 | 04 October 2015

Maize is a major staple food crop grown in diverse agro-ecological

zones and farming systems, and consumed by people with varying food

preferences and socio-economic backgrounds in West Africa. The central

role of maize as a staple food in West Africa is comparable to that of rice or

wheat in Asia, with consumption rates being the highest in Eastern and

Southern Africa (ESA). Of the 22 countries in the world where maize forms

the highest percentage of calorie intake in the national diet, 16 are in Africa.

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Maize accounts for almost half of the calories and protein consumed in East

and Southern Africa, and one-fifth of the calories and protein consumed in

West Africa. An estimated 208 million people in West Africa depend on

maize as a source of food security and economic wellbeing. Maize occupies

more than 33 million area of West Africa estimated200 million area of

cultivated land. Considering the low average maize grain yields that are still

pervasive in farmers’ fields, meeting the projected increase demand for

maize grain in Africa presents a challenge.

Cotton is the second most important crop after maize with 22% of

total crop area, followed by Coffee with 19% of the total land coverage. The

continuing demand for these two crops is reflected in the trend for

increasing area under Cotton and Coffee in Africa over the last fifty years.

Unfortunately however, crop productivity has not kept pace with

increasing demand, due mainly to a lag in crop improvement efforts in

cotton and coffee, relative to other crop, and the extreme environmental

conditions and resource constrained, low-input farming systems where

these crops are grown.

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Furthermore, in such dry land environments, the issues of climate

variability, change and land degradation are acute with a lack of progress

the result of neglect, remoteness sand weak national institutions. Despite

these factors there is a strong case for stepping up the efforts towards

development of technologies (germplasm improvement, agronomic

management), markets and institutions to advance the case for Cotton and

Coffee in the dry land tropics of Africa.

Rice has become a highly strategic and priority commodity for food

security in Africa. Consumption is growing faster than that of any other

major staple on the continent because of high population growth, rapid

urbanization and changes in eating habits. It is the single most important

source of dietary energy in West Africa and the third most important for

Africa as a whole. Although local rice production increased rapidly after the

2007-2008 food crises, a key problem facing the rice sector in Africa in

general is that local production has never caught up with demand. The

continent therefore continues to rely on importation to meet its increasing

demand for rice.

Considering the growing importance of rice for food security in

Africa, African Union Heads of State endorsed their Agriculture Ministers’

endorsement in January 2013, to add Rice to the list of strategic crops for

Africa. Africa has the potential to become self-sufficient for Rice, through

government commitment, appropriate policies and the contribution of

female farmers and young people. This Rice framework for Africa’s

Agricultural Transformation Agenda contributes to the goal of greatly

reduce Africa’s dependency on rice import and on the long-term make

Africa a rice self-sufficient continent.

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Crops yields in Africa are lower than half the world average. The

average fertilizer (N + P2O5) consumption is 16.24 kg/ha (2010, FAO)

which is 1/6th compared to the world consumption of 98.20 kg/ha.

Increasing productivity of the local farmers, bridging the yield gaps by

providing appropriate inputs along with improved technologies such as

stress resistant and high yielding varieties will be a step towards

agricultural transformation in Africa.

It is no doubt that agriculture has been the engine growth of Africa

economy. The question is why do you need to invest in agricultural

product? From the available information about market demand of

agricultural produce, it becomes evident that Agricultural product such as

Rice, Maize, Cotton and Coffee has been on high demand due to high

consumption of those crops. It is consensus that farmers are battling to

meet up with a quarter of demand of those product due to lack of fund, lack

of adequate training and usage of hi-tech tools for the cultivation of crops.

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OUR VISION

Africa is highly blessed in terms of green landscapes and structures.

Unfortunately it has not been able to solve its food shortage problems. All

over the world, the growth of the agricultural sector has been largely

driven by area and technological expansions, but unfortunately Africa is

falling behind in these areas as well as in the area of productivity.

SAAT is using blockchain innovation to bring the world's most advanced

farming technology to West Africa, and subsequently Africa as a whole

through provision of Hi-tech agribusiness for efficient agricultural produce

for foreign and local markets, as well as job creation opportunities.

Hi-tech Farming: Engaging and provision of hi-tech farming systems for

around the year agricultural activities such as, Drip Irrigation, Smart Farm,

Greenhouse Farming, Low Temperature Warehouse and involvement of

mechanized tools for farming.

To the average African farmer, nature and menial labor are the main factors

that determine the output of crops. Farming in this part of the world is still

very much backwards, when compared with the latest farming

technologies available in other parts of the world. This presents lots of

problems facing the agricultural sector in the region.

SAAT will take this head on, by bringing in the latest farming innovations as

been used in other parts of the world, for use in the African continent.

Agro-Business Expansion: Credit access to network of farmers and

expansion of current capacity of agriculture business activities.

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Most farmers in Africa are more of peasants, relying heavily on their

farm harvests to meet ends meet. The harsh economic situation plaguing

the region is having a terrible effect on the efficiencies of farmers, as many

farming youths are abandoning farming to take up new professions in cities

because of financial challenges. The remaining older ones on farmlands are

either too old to work effectively on farms or are financially crippled to

employ the services of laborers to cover up for them, hence resulting in low

output or productivity.

SAAT plans to improve agricultural productivity in Africa by providing

financial and technical assistance to many carefully selected farmers in

Africa. These would be beneficiaries would be mandated to join SAAT

RURAL NETWORK OF FARMERS, in their respective region or countries,

and must be ready to open up their farmlands to our experts for effective

monitoring and supervision till the period of harvest.

Storage Facilities: Procurement of hi-tech storage facilities for agricultural

produce.

Wastage of farm produce is one the main reasons farmers in Africa

end up running at losses and at the same time going bankrupt or becoming

poor. Most African farmers are at the mercy of both nature and consumers.

Farm produce harvested on remote farmlands often wait for days, wasting

away in largely primitive barns, while farmers look for trucks or other

vehicles to convey them to buyers in faraway markets. This short lapse is

long enough for insects, rodents, bacteria, fungi and even heat, rain or other

harsh environmental conditions to set in, ruining the better part of the

harvest. Moreover, left over from markets sales are sold off at fragments of

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their worth all because most farmers don’t have the technical capabilities

to store their produce.

SAAT will incorporate the best storage technologies throughout its

field of operations, and at the same time help members of its rural network

of farmers overcome this challenge.

Processing Facilities: Processing of farm produce for export and local

markets. Starch Mills from cassava, Rice processing plants, Plantain

processing plants, additional animal feed Mills, fruits

Professional Services & Consultancy: We provide technical and advisory

services to group of farmers, individual or corporate.

Means of Payment: SAAT as a currency will serve as a legal tender to

order our farm produce and technical services at both national and

international markets.

SAAT as major coin on SAATLAND Exchange will attract zero trading

fee or commission in exchange to any other coin on SAATLAND Exchange

Platform.

Harvest Reward: SAAT holders will be eligible to proceeds from harvest

sales three times a year, which will be paid in Ether.

All SAAT holders will be mandated to transfer their SAAT coins to

HARVEST WALLET within a stipulated period to receive rewards in Ether.

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SAATLAND Exchange Platform

The exchange comprises of two wallets for each registered user as well

as marketplace portal.

a) Exchange Wallet: For keeping and trading of all crypto currencies

such as SAAT, BTC, ETH and others.

b) Harvest Wallets: (for SAAT Only): This wallet is sorely for

distribution of harvest rewards to SAAT holders. All SAAT holders

interested in dividends (harvest sharing) will be mandated to place

their SAAT in this wallet not later than fifteen (15) days to harvest

distribution date.

c) Offer Portal: This is an open marketplace where we display

available farm produce and technical services for group of farmers,

individuals or corporate entities that wish to place orders. SAAT is

the only means of payment accepted to buy our farm produce or

services listed on SAATLAND offer page.

SAATLAND EXCHANGE is currently under development.

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3. WEST AFRICAN AGRIBUSINESS PROBLEMS

The growth of the agricultural sector has been largely driven by area

expansion, and Africa is falling behind in productivity. The success of

farming and the success of agro-industries are tightly linked, and the

development of a vibrant agro-industry sector is vital in order to be able to

offer employment for the large number of smallholder farmers who are

unlikely to farm their way out of poverty. But in order for Africa’s

agribusiness to create the amount of jobs needed and produce enough food

for the growing population in the next couple of years, the sector needs to

undergo major structural changes.

The greatest number of dedicated full-time Farmers in Africa can

neither read nor write. The rural farmers are even as uninformed as they

lack Modern Agricultural Education. The climax of illiteracy is Africa’s total

negligence and, or her Non-usage of Native Languages in the Nation's

Pursuits for Modern Education. For in this Modern World, People that still

Studies in Foreign Languages have not really started Learning. And this

Level of Illiteracy and Unawareness do often constitute some serious Set-

backs, even in Africa’s Food Production efforts.

More so, the growing mining and manufacturing industry of

Ghanaian for example, is creating labour shortages in the agricultural

sector and many farmers are of old age.

Ghana offers a good business environment as the second largest

economy in West Africa with a more diverse economy than most countries

in Africa and a lower degree of corruption than Italy and Greece.

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The Rural Farming Communities in West Africa have neither Road

nor Water nor Electricity. Some do not even have Hospitals or Schools

around them. Can you then imagine the Pains and the Labors, and to what

extents the Farmers from such-like Areas can contribute in Food

Production It’s worthy of note that Nigeria has the largest population,

economy and consumer market in a rising Africa, and the Nigerian

economy showed strong growth up until 2015.

By then, the fall in the global price of crude oil slowed the economy

and during 2015 Nigeria’s GDP experienced a 4.4% growth. With the

uncertainty of the oil market, the government has increasingly steered its

focus towards the agricultural sector. In 34years’ time, Nigeria will feed five

percent of the entire humanity according to the Minister of Agriculture, for

that to become reality, the agriculture sector needs to undergo major

structural changes in order to increase productivity. Some of the efforts

needed include improvement of the infrastructure for a higher degree of

market access, income insurances for weather-related crop failure, a

privately managed credit access scheme for poor farmers and the provision

of breed technological seeds and storage facilities to promote self-reliance

through import substitution.

Another Major Problem of West African’s Food and agriculture is lack

of Modern Farm Machines or Techniques. The Farmers in West Africa are

still making use of Ancient Agricultural Tools / Techniques; whilst there

are Low-cost Modern Farm Machines / Techniques out there for Use as

better Substitutes. However, Operating in West Africa comes with great

challenges. Bringing high technology equipment into West Africa exposes it

to piracy, making reliable partners key for success in the region. Moreover,

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a majority of farmers buy their products from the closest dealer; hence the

creation of Rural Network of Farmers (RNoF) would be needed for

sustainable food-chain production in West African countries.

One exception from the trend throughout West Africa of increased

import of agricultural products is Côte d’Ivoire. Côte d’Ivoire is the world’s

largest Cocoa producer and has continuously had a strong export

orientation. Although the farming is dominated by small-scale farmers, the

farmers are largely organized in cooperatives, which facilitate the

implementation of schemes and effort for structural changes such as credit

access scheme.

With large natural resources and conditions for agriculture, and an

underdeveloped infrastructure and productivity, West Africa offer

possibilities for SAAT Coin to achieve best result in high technology

agribusiness as well as provide solution problems facing West African

farmers to support a net export of agricultural produce.

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THE SAAT COIN PROJECT

SAAT agribusiness covers around 500 hectares of farmland with the

intention of expanding it to 5,000 hectares through SAAT coin. SAAT offers

the following Agro-processing and agribusiness products as well as for

progress expansion.

- Rice

- Plantain

- Maize

- Cassava

- Cotton

- Fruit and Vegetables

- Animal feeds

- Credit access scheme to RNoF

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Technological Resources

SAAT will employ world renowned Israeli and Korean agricultural

technologies in its services and operations. Furthermore, we will involve

seasoned agricultural experts and professionals, from across the world, on

the use of best farming practices and standards from time to time.

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Smart Farming

The United Nations’ FOOD AND AGRICULTURE ORGANISATION published a

report in year 2009 suggesting that by year 2050 agricultural productions

have to rise by 70% to meet the projected demand. Unfortunately, most

lands suitable for farming is already farmed, so it is logical to think that this

much needed growth must come from higher yield. This is what the

concept of smart farming is all about.

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“If agriculture is to continue to feed the world, it needs to become more like

manufacturing -Geoffrey Carr”

The word of Geoffrey Carr sums it all. Smart farming is precision

agriculture and it’s all about the application of modern Information and

Communication Technologies (ICT) into agriculture.

ICT solutions such as sensors, precision equipment, Internet of things

(IoT), actuators, drones or Unmanned Aerial Vehicles, robotics, big data,

geo-positioning systems etc will be used to bring about the much needed

yield necessary to meet up the food needs of the region as well as maximize

profit from harvests.

Greenhouse Farming

Greenhouse technology is an innovation that is gradually making

inroad into west and other African agricultural sector.

Greenhouses are dome, square or rectangular shaped structures that

allow farmers to grow crops, especially vegetables, broccoli, sweet pepper,

green beans, cucumbers and fruits in a controlled environment.

Standard greenhouses afford farmers controls over the elements of

production under partial or full environmental control in other to get

optimum growth and productivity. Key elements that can be controlled

include greenhouse temperature, atmospheric humidity, amount of

sunlight, irrigation system, fertilizer application .etc.

In greenhouses, all-year-round farming is possible irrespective of

prevailing climatic conditions.

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Most African farmers still consider this technology relatively

expensive to run, and thereby making the limited few that operate it to

resort to using locally made variants, and many others not to use it at all.

SAAT is running around-the-year agricultural productivity, thereby

standard greenhouse innovation is typical of our operations.

We also wish to increase our current greenhouse capabilities to cover

productions of additional crops as well as extending the use of the

technology to assist our rural network of farmers.

Technical Assistance

Aside from the advisory and credit assistance to our rural network of

farmers, we also plan to extend our services to any farmer who may wish to

set up farming structures like, low temperature warehouses, barns, Animal

Feed mills, processing plants, drip irrigation points, storage facilities etc .

These technical services would be fully paid for by such farmers.

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SAAT ROADMAP

YEAR QUARTER DESCRIPTION REMARKS

2012 Q2-Q4 Cultivation of farmlands for maize, cassava and rice

Successful

2013 Q1-Q4 Cultivation of plantain, cotton and fruit vegetables

Successful

2014 Q3-Q4 Establishment of mini animal Feed mill industry and exportation of Agricultural Produce

Successful

2015 Q1 Technical and Advisory services for rural farmers

Ongoing

Q2 Concept of SAAT high technology agribusiness

Ongoing

Q3-Q4 Sensitization of rural farmers on the importance of SAAT high technology agriculture

Successful

2016 Q4 Establishment of SAAT Rural Network of Farmers (RNoF)

Successful

2017 Q1 Concept of blockchain dimension / SAAT Coin

Successful

Q2 Expansion of SAAT Rural Network of Farmers

Ongoing

2018 Q2 SAAT COIN MAIN-ICO

Ongoing

Q3 Full Hi-tech Agribusiness expansion Granting of credit access to SAAT RNoF Listing SAAT COIN on Cryptopia and other Major Exchange Platform

Pending

Q3 Launching of SAATLAND EXCHANGE PLATFORM Payment of first HARVEST rewards

Pending

Q4 Payment of second HARVEST rewards Pending

2019 Q1 Payment of third HARVEST rewards Pending

2021 Q3 Expansion of SAAT Hi-Tech Agribusiness to other parts of the African continent

Pending

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SAAT COIN ICO

The coins that will be offered during the Main-ICO will be 25,000,000

but the total SAAT coins that will be capped at 75,000,000.

ICO parameters

Name: SAAT

Ticker: SAAT

Coin type: ERC20

Total supply: 75,000,000

MAIN-ICO Tokens: 25,000,000

HOW TO PATICIPATE IN THE SAAT COIN SALES

To Buy SAAT Token with BTC, LTC & DASH

Sign up on saatland.io, send payment to the address assigned to you, SAAT

will be credited to the ERC20 WALLET ADDRESS filled via the sign up

registration form within 48 hours.

Send ETHER from ERC20 compliant wallet Only, SAAT Token will be

automatically credited to your ERC20 wallet.

Do not send ETHER FROM ANY EXCHANGE PLATFROM

Compatible wallets are:

MyEtherWallet (no download needed) MetaMask (Firefox and Chrome browser addon) Mist (Desktop) Parity (Desktop) imToken (iPhone) imToken (Android)

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Exchange rate: 1 SAAT = $0.61

Gas limit: 250000

Bonuses are as follows: 20% Day 1 to Day 7

10% Day 8 to Day 14

5% Remaining Days

SAAT will be deposited to ERC20 wallet address within 24hours.

In your ERC20 wallet, you will need to add SAAT to your Token List.

Click Add Custom Token

Use the details below.

Contract Address: 0x0f42D209FC46F678e8d31717d7ce14c69724A60E

Token Symbol: SAAT

Decimals: 8

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THE TEAM

To guarantee the success of the SAAT project, we have professional

individuals with great years of experiences in farming industry all coming

together as a formidable team.

We have individual with years of experiences as an administrator in

farming industry at the helm of affairs. We have experts who oversee the

use of farming equipment and supplies. Efficient performing an assortment

of duties, including tending to fields, preparing produce and services for

market, harvesting crops, repairing and maintaining farm equipment.

Our sales executives are self-motivated professionals offering more

than eight years of experience working within agricultural setting identify

potential lucrative market opportunities for the purpose of boosting

revenue and improving profit margins. Natural ability to negotiate with

vendors and foster productive business relationships. Their professional

duties also include vendor management, contract negotiations, strategic

planning, account management, stellar interpersonal, sales and budget

forecasting. Also working with outside firms to develop and implement

promotional strategies and negotiate vendor contracts.

Our farm marketer specialists have many years of experience in

developing branding concept for sales initiatives for green products.

Studied regional energy markets which included pricing, market structures

and competition in order to develop great sales and conducting

investigations on the competitors activities. Also conducting research

analysis and survey on consumer opinions and marketing strategies.

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Developing presentation materials, advertisements and public relations

programs to promote awareness of green products.

CONCLUSION

SAAT intends to expand and bring the use of ICT in modern agric-

business on a large-scale High Technology and Individual small holding

agricultural production, also to expand beyond its current West African

field, and make investment promotion plans to drive the local and foreign

economic boom, agric-business and increase employment opportunities to

rehabilitate more farmers operating within the precincts of African

continent.

The goal of the project is to address the lack of the most appropriate

agricultural inputs in Africa, and tap into the full potentials of crop

production activities for efficient agric produce harvest for both local and

foreign consumption, and the diversification of the present farming system

for sustainable job creation, through raising a crypto currency based on

real farm produce.

SAAT offer a profitable asset to interested investors to contribute to the SAAT project.