Turning Kenyan Farms into investable public traded companies where you can buy stocks like you would at Apple.
The platform has 3 sets of wallets: -Farm Wallet -Investors Wallets -Tokeni Kwa Shamba (platform wallet)
We use sui coins for each farm for our toeknized stocks. With our 5 smart contracts, we are able to handle token distribution, dividend distribution and registration for wallets.
There business logic is made up of 5 smart contracts:
A farms stocks is represented with a sui coin. Once a farm is approved for setup investemnt, a coin is launched, with tokeni kwa shamba as the controller and the distribution as follows.
check sui docs here on how to launch a coin: https://github.com/MystenLabs/sui/blob/805e102c79c08c136d9eefb11f523b1d1a51c707/docs/content/guides/developer/coin.mdx
10% of the ownership belongs to tokeni kwa shamba as platform fee. The farmer will own 60% and 30% open for investment.
Beyond the mvp scope, the farmer's 60% will have 30% as locked liquidity, and the other 30% for financing.
For Stock stability & for Dividends insurance
-credentials of farmer
credentials of farm -credentials of investor
A dui wallet will be used for both authentication & handling finances.
-financial report. A farm submits their financial documents and records to tokeni kwa shamba via email. agoyamike@gmail.com, for a financial audit, and to determine the correct token settings.
After the admin improves, the farm is now eligible to run contract 1.
-minimum amount of cashback entitled to an investor incase they want out. This is beyond the mvp scope at the moment
-Frequence & period for dividend disbursment -The percentages of the profit for distribution and the distribution model are all set transparently in the smart contracts.
list of wallets
loop, send usdt/sui
according to profits
according to the
dis-tribution weights
In future we intend to do all the post mvp improvements listed within the docs and to add whitelisting and blacklisting through SUIs DenyList and Regulated coin
We will also integrate globally pausing and unpausing regulated coin activity for extra Administration and financial control
Thank you for reading. You can check the proof of concept at: https://pri4n-hyaaa-aaaac-a4beq-cai.icp0.io/
The journey is long but we are here to make it thru thanks for reading!
first submission. wish us luck
Not funded yet