Peaq Unveils Tokenized Robo-Farm in Hong Kong – Decrypt

Peaq, a blockchain community targeted on the so-called Machine Financial system, introduced Tuesday the launch of what it calls the world’s first tokenized robo-farm.

The mission is being developed in partnership with DualMint, a platform for tokenizing on a regular basis companies, and KanayaAI, a Hong Kong-based city agritech firm.

At Korea Blockchain Week 2025, peaq co-founder Leonard Dorlöchter mentioned the mission is designed to run autonomously and improve meals infrastructure.

“It’s a vertical farm which is autonomously farming and producing crops and has a yield of roughly 20%,” he mentioned. “Are you able to think about simply with a farming machine you may generate a yield of 20% whereas contributing to vital meals infrastructure?”

Vertical farming—the follow of rising crops indoors in stacked layers, typically in warehouses, delivery containers, or purpose-built towers—depends on synthetic lighting, local weather management, and hydroponics to provide meals in dense city areas the place land is scarce.

Advocates say it may well ship constant yields near shoppers whereas requiring much less land and water than standard agriculture. With rising curiosity within the vertical farming area, the market is anticipated to succeed in $124 billion by 2035.

The Hong Kong facility is designed for about 12 crop cycles a yr, in comparison with three or 4 in conventional farming. In line with Peaq, the system will use one-tenth the water, no pesticides, and ten occasions much less land than comparable farms. Contemporary greens, together with lettuce, kale, and spinach, will likely be delivered on to residents on a subscription foundation.

The place tokens are available in

Tokenization, the method of turning possession rights in a real-world asset into digital tokens on a blockchain, will underpin the mission’s monetary mannequin.

On this case, the farm’s revenues will likely be represented as non-fungible tokens on the Peaq blockchain, giving holders a share of the money move. DualMint is managing the tokenization, with an early entry ready record already open for the sale.

Peaq operates as a Layer-1 blockchain constructed for linked units and robots. DualMint focuses on bringing revenue-generating companies, comparable to laundromats and merchandising machines, on-chain.

KanayaAI, in the meantime, develops automated vertical farms for city environments. Collectively, the three firms body the Hong Kong mission as a method to merge blockchain, automation, and sustainable meals manufacturing.

The hassle builds on broader tendencies in agricultural robotics.

Corporations have already deployed AI-driven robots that take away weeds, transfer crops in nurseries, and harvest crops in managed environments. In Arizona, modular robotic vertical farming methods, like Opollo Farm, are already delivery leafy greens on to markets.

Nonetheless, some challenges persist. These embrace excessive capital and working prices, notably for energy-intensive lighting and local weather management, which may restrict scalability.

Operating AI-driven robotic methods additionally requires capital, technical experience, and entry to energy, creating boundaries for smaller operators. Analysts warn that such methods may focus meals manufacturing amongst well-funded entities.

By linking farm revenues on to shopper demand by means of tokenized money move, Peaq goals to indicate how tokenized automation can present each sustainable meals and a yield-producing asset grounded in on a regular basis demand.

“We’ve entered essentially the most disruptive time humanity has seen,” Dorlöchter mentioned. “The machine economic system is right here.”

The robo-farm is anticipated to go stay within the fourth quarter of 2025.