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ICOs 6,532

Algae Farm

IEO Ended
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Algae Farm disruptive intellectual property and technology includes systems and processes that continuously produce high yield, reliable, predictable, scalable and sustainable algae biomass in an indoor climate-controlled environment. The biomass has “algae” oil intact. This oil contains chemicals such as EPA, DHA, and others that can be used as a contributory part of high-value algae-derived products such as Omega3 based nutraceutical.
Our mission is to be a reliable supply source to their end-user, the manufacturer, of these products and in some cases services.
The purpose of this project is to commercialize the related Algae Farm intellectual property and technology.
5.0
TOTAL SCORE
5.8
IEO PROFILE

(weight: 45%)

1
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
IEO Time: 22 Apr 2020 - 20 May 2020
Whitelist/KYC: KYC
Country: Canada
IEO launchpad: Latoken
Token info
Ticker: BIOG
Platform: Ethereum
Token Type: ERC-20
Available for sale: 40,960,000 BIOG (79%)
Total supply: 52,100,000 BIOG
Financial
IEO Price: 1 BIOG = 1 USD
Accepting: ETH, BTC, Fiat
Hard cap: 32,768,000 USD
Bonuses: 20%
Social media
2009-2010
Proof of Concept – Pilot to Scale - Production validation completed
2011
Algae Farm trademark is registered, Algae Farm International, Ltd. organized in Saint John, New Brunswick, Canada
2012
Device and Method for Algae Production is published in United States
2013
Algapond
2014
AlgOil
2015
Biogae
2016
Mobility on site non-invasive solution for wastewater treatment and reuse
2017
Texas Railroad Commission grants permission to proceed to treat produced water and flowback fluids on-lease using Algae Farm mobile treatment units without a permit based on existing State of Texas (USA) statutes
2018
Independent third party valuation
US $52.1M
2019
Options for commercialization financing alternatives evaluated
2020
IEO
IEO website launch
Marketing campaign
IEO platform launch
IEO listing on LAToken
Token distribution
2020 - 2021
Commercialization of intellectual property & technology
Richard Berman
Founder & CEO
Takes part in this project only
Matthew Saint
Director of Operations & Business Development
Takes part in this project only
Joy Willard
Director of Marketing
Takes part in this project only

Advisors (4)

Michael Douglas
Takes part in this project only
Chris Hymel
Takes part in this project only
Daniel Kainer
Takes part in this project only
John Colvin
Takes part in this project only
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