Crypto N' Kafe ICO - Applying technology to the coffee industry in Africa

I. Current situation

• Today, African coffee is still prized by connoisseurs around the world for its unique quality and flavor.
• To give you a sense of the richness of African coffee, Ethiopia – Africa’s largest coffee producer – has 5,000 different strains of Arabica, the world’s most sought-after coffee variety
• By contract, countries such as Brazil and Colombia only have about 20 strains.
• Sadly, despite coffee’s origin on the continent, and Africa’s strong potential for coffee production, Africa’s contribution to global coffee supply has fallen from over 30 percent in the 1970s to just around 10 percent today.
  

II. Farmers have to face

• Small coffee farmers are finding it harder and harder to compete
• The big brands dominate the trading market meaning that these small growers only have a few people that they can sell their coffee to
• A privatization policy of the coffee sector has led to an adverse effect on most farmers.
• Local farmers are struggling with rising costs of labour and inputs, pests infestation and diseases, drought,competition from other land use and poor governance of marketing co-operatives.
• It's estimated that less than 10% of the price of a cup of coffee goes to the farmer.
  

III. Solving these problems

• A Mauritius based organization has recently brought forth a fascinating concept to handle all the core issues in order to introduce a modern way to sell or buy African coffee.
• The new project from Crypto N' Kafe is hoping to solve many of the problems that small coffee growers face.

IV. The Crypto N' Kafe platform.

• Crypto N’ Kafe system, which is based on smart contract technology powered by Ethereum Blockchain (ERC20)
• The primary concept is to revolutionize the coffee industry by connecting coffee farmers and consumers directly, eliminating non-transparent intermediaries and avoiding retailer domination. The ecosystem offers a variety of smart contracts to facilitate operations within the coffee trading ecosystem.
• Farmers can operate the CNK Ecosystem to select importers, roasters, or retailers. Moreover, farmers will be free to learn the way to run CNK Ecosystem easily with the help of crypto-training mobile or web application.
  

V. Token Sale
Total Supply: 78,600,000
Token: CNK
Price: 1 CNK = 0.001 ETH (1 ETH = 1,000 CNK)
Minimum Purchase: 0.1 ETH
ICO LOCATION: The Republic of Mauritius

• Pre ICO
  PRE-ICO START : January 18, 2018
  PRE-ICO END : January 29, 2018

• ICO Main Sale
  ICO START: February 4, 2018
  ICO END: March 25, 2018

VI. Conclusion

• With such ecosystem, all the challenges associated with the African coffee industry will be resolved, giving all the parties a better revenue as well as experience.

• To learn more about Crypto N’ Kafe, visit their website or social
  Website: https://cryptokafe.io/
  Whitepaper: https://cryptokafe.io/white-paper/
  Twitter: https://twitter.com/CryptoKafe
  Facebook: https://www.facebook.com/CryptoNKafe
  Telegram: https://t.me/cryptokafeCNK