FarmAIPrice

(FARMAI)

FarmAI aims to modernize the agricultural sector by integrating AI-powered predictive analytics with IoT sensor technology. The project focuses on helping farmers, particularly smallholders, optimize crop yields and minimize waste. By utilizing a "seed-to-shelf" transparency model, FarmAI ensures that every stage of the agricultural process is verified on-chain, promoting sustainability and efficiency through blockchain technology.

The $FARMAI token serves four essential functions. First, it enables staking, allowing holders to earn rewards for securing the network. Second, it acts as a payment method for accessing advanced AI-driven agricultural analytics. Third, the token is used for leasing autonomous farming equipment, such as drones and robotic systems. Finally, it serves as a governance tool, granting token holders the power to vote on platform updates and ecosystem proposals.

$FARMAI is primarily traded on Centralized Exchanges like LBank. Users can also access the token through the LBank Wallet via supported decentralized protocols. To view $FARMAI in a personal wallet such as MetaMask or Trust Wallet, users must manually import the token using its contract address on the BNB Chain (BEP-20). It is crucial to verify the official contract address from the project’s website to ensure security.

It is important to distinguish between $FARMAI and $FAI. $FARMAI is the active project focused on AI and IoT-integrated agriculture with a total supply of 118 million tokens. In contrast, $FAI is an older, Ethereum-based project with a 1 million token supply. While the older project is often considered inactive, $FARMAI remains the active ecosystem listed on major tracking platforms and supported by ongoing development.

FarmAI prioritizes security through identity verification (KYC) for its founders and smart contract audits conducted by reputable security firms. In terms of adoption, the project has established collaborations with agribusinesses like Sunsweet and various agri-tech startups. These partnerships focus on piloting AI dashboards and utilizing drone technology for disease detection in crops, bridging the gap between blockchain technology and real-world agricultural needs.

A central component of the FarmAI roadmap is the development of a mobile application for farmers. This app is designed to provide real-time tools, including weather alerts, pest diagnosis, and market data. The community is currently anticipating the launch of the Minimum Viable Product (MVP), which will mark a significant step toward onboarding real-world agricultural users into the AI-powered ecosystem.