Executive Summary

agriiDAO is a decentralised autonomous organisation (DAO) set up to contribute to global food security efforts. It’s been predicted by 2050 we will experience a global food crisis as the global population is expected to reach 9 to 10 billion around that time. This will put extreme pressure on food production systems. With approximately 65% of the worlds uncultivated arable land, Africa has the environment, land, and a workforce of 100 million+ farmers to meet the growing food demands. However, Africa is still in its first agricultural revolution whilst the developed economies are in their third and fourth revolutions. Africa produces less yield per hectare than other regions, experiences up to 50% post-harvest losses and has an annual food import bill of approximately $80 billion.

Through digitisation and tokenisation of the African agricultural value chain, Africa has the potential to become a major supplier of cost-effective, environmentally friendly, organic produce to the global food system. To do this agriiDAO is building software for the African agricultural value chain on the Internet Computer Protocol (ICP) to optimise food distribution, reduce waste and enhance the livelihoods of farmers. agriiDAO’s software comprises 5 decentralised applications (dApps) – agriiProtocol, agriiClub, agriiMarket, agriiTrace and agriiPrice – that together they create a transparent, sustainable, and economically viable agricultural ecosystem. These innovations highlight agriiDAO’s role in transforming African agricultural practices through web3 and blockchain technology.