GreenEarth Agro Ltd
Regenerative food production & climate migration through Web3 technology
Web3 Food Production PoC
Unlocking access to working capital for regenerative smallhold farming
In August 2022, we initiated food production aligned with regenerative farming practices in the Ekumfi district of Ghana to apply disused former agricultural land to sustainable food production, financed with DLO sales from Web3 investors.
Digital Ledger Objects (DLO) record ownership of tangible objects, in this case contributions to the farming venture, and record associated data and empower actions. DLOs offer a way to provide KYC-approved investors to fund real farming projects.
Data is stored on the Telos public blockchain (testnet during the PoC). Transactions can be viewed on a block explorer, or more comfortably through a user-friendly interface and API, which this website is an early example of.
PHASE 0
Initiate legal entity
Acquire and document farmland
Acquire funding through DLO sales
Documents Recorded:
Farmland Leased:
DLOs Registered:
KYC-checked Investors:
Funds Raised:
2
50 Acres
800
6 (100%)
$27,200 USD
PHASE 1A
Clear land for planting
Preserve existing plantings
Plant corn on suitable land
Workers Employed
Farmland Cleared:
Existing Plants Preserved:
Crops Planted:
Uncleared Area Retained:
16 Men, 30 Women
50 Acres
12 acres oranges
4 acres bamboo
0.9 acres oil palms
18.1 acres corn
5 acres (10%)
PHASE 1B
Weed and maintain plantings
Harvest and sell crops
Prepare land for next planting
Workers Employed
Farmland Under Cultivation:
Crops Sales
16 Men, 30 Women
45 Acres
55,133 CGH - corn
8,500 GHC - oranges
18,000 GHC - bamboo
6,000 GHC - biomass
PHASE 2
Replant 45 acres from Phase 1
Add 100 acres under cultivation
Project underway March 2023
Project Initiation
DLO DATA LOG
RECORDED JSON OBJECT
Action: LogExpense
"record type": "new",
"linked record": "",
"period": "25/07/2022",
"type": "survey and registration",
"class": "capex",
"recipient": "PA0002",
"ledger": "cash",
"record reference": "",
"amount": "50000",
"currency": "ghc",
"memo": "payment to secure indenture"
Action: LogDocument
"record type": "new",
"linked record": "",
"document name": "Owane Village 1 Survey",
"document type": "survey",
"farm_name": "Owane Village 1",
"field_name": "",
"effective date": "25/07/2022",
"expiration date": "n/a",
"status": "in effect",
"first party": "PA0002",
"second party": "",
"registrar": "Regional Head Survey & Mapping Division Lands Commission, Cape Coast, Central Region, Gambia",
"registration number": "220707665",
"registration hash": "gyNWQyOWJiLWJkMzAtNDc0Yi1iMGVl",
"data record": "{
"general_information": {
"country": "Ghana",
"region": "Central",
"district": "Ekumfi",
"locality": "Ekumfi Ekrawfo"
},
"beacon_index": [
{
"beacon": "SGC F854/22/1",
"x": 242054.82,
"y": 935259.07
},
{
"beacon": "SGC F854/22/2",
"x": 242085.06,
"y": 935014.14
},
{
"beacon": "SGC F854/22/3",
"x": 242403.06,
"y": 934794.4
},
{
"beacon": "SGC F854/22/4",
"x": 242585.4,
"y": 934827.15
},
{
"beacon": "SGC F854/22/5",
"x": 242537.62,
"y": 934456.99
},
{
"beacon": "SGC F854/22/6",
"x": 242380,
"y": 933919.52
},
{
"beacon": "SGC F445/15/8",
"x": 242492.41,
"y": 933837.03
},
{
"beacon": "SGC F854/22/7",
"x": 242523.89,
"y": 933563.62
},
{
"beacon": "SGC F854/22/8",
"x": 242652.6,
"y": 933525.75
},
{
"beacon": "SGC F854/22/9",
"x": 242998.23,
"y": 933549.47
},
{
"beacon": "SGC F854/22/10",
"x": 243029.04,
"y": 933403.13
},
{
"beacon": "SGC F854/22/11",
"x": 243494.63,
"y": 933733.11
},
{
"beacon": "SGC F854/22/12",
"x": 243705.95,
"y": 933986.47
},
{
"beacon": "SGC F854/22/13",
"x": 243861.5,
"y": 935145.4
},
{
"beacon": "SGC F854/22/14",
"x": 243463.85,
"y": 935145.4
},
{
"beacon": "SGC F854/22/15",
"x": 242981.43,
"y": 935224.71
},
{
"beacon": "SGC F854/22/16",
"x": 242482.56,
"y": 935266.82
},
{
"beacon": "SGC D797/17/10",
"x": 232039.11,
"y": 939846.66
}
],
"property_boundary": [
{
"from": "SGC F854/22/1",
"to": "SGC F854/22/2",
"bearing": "277°02'",
"distance": "246.8'"
},
{
"from": "SGC F854/22/2",
"to": "SGC F854/22/3",
"bearing": "325°21'",
"distance": "386.6'"
},
{
"from": "SGC F854/22/3",
"to": "SGC F854/22/4",
"bearing": "010°11'",
"distance": "185.3'"
},
{
"from": "SGC F854/22/4",
"to": "SGC F854/22/5",
"bearing": "262°39'",
"distance": "373.2'"
},
{
"from": "SGC F854/22/5",
"to": "SGC F854/22/6",
"bearing": "253°39'",
"distance": "560.1'"
},
{
"from": "SGC F854/22/6",
"to": "SGC F445/15/8",
"bearing": "323°44'",
"distance": "139.4'"
},
{
"from": "SGC F445/15/8",
"to": "SGC F854/22/7",
"bearing": "276°34'",
"distance": "275.2'"
},
{
"from": "SGC F854/22/7",
"to": "SGC F854/22/8",
"bearing": "343°36'",
"distance": "134.2'"
},
{
"from": "SGC F854/22/8",
"to": "SGC F854/22/9",
"bearing": "003°56'",
"distance": "346.4'"
},
{
"from": "SGC F854/22/9",
"to": "SGC F854/22/10",
"bearing": "281°53'",
"distance": "149.6'"
},
{
"from": "SGC F854/22/10",
"to": "SGC F854/22/11",
"bearing": "035°20'",
"distance": "570.7'"
},
{
"from": "SGC F854/22/11",
"to": "SGC F854/22/12",
"bearing": "050°10'",
"distance": "329.9'"
},
{
"from": "SGC F854/22/12",
"to": "SGC F854/22/13",
"bearing": "082°21'",
"distance": "1169.3'"
},
{
"from": "SGC F854/22/13",
"to": "SGC F854/22/14",
"bearing": "180°0'",
"distance": "397.6'"
},
{
"from": "SGC F854/22/14",
"to": "SGC F854/22/15",
"bearing": "170°40'",
"distance": "488.9'"
},
{
"from": "SGC F854/22/15",
"to": "SGC F854/22/16",
"bearing": "175°11'",
"distance": "500.6'"
},
{
"from": "SGC F854/22/16",
"to": "SGC F854/22/17",
"bearing": "181°02'",
"distance": "427.8'"
},
{
"from": "SGC F854/22/17",
"to": "SGC D797/17/10",
"bearing": "335°23'",
"distance": "11016.4'"
}
]
}",
"expensedata": "txn for assoc expense 02",
}
"memo": ""
LINKED OBJECT
Action: LogExpense
"record type": "new",
"linked record": "",
"period": "15/08/2022",
"type": "lease",
"class": "capex",
"recipient": "PA0001",
"ledger": "cash",
"record reference": "",
"amount": "100000",
"currency": "ghc",
"memo": "payment to secure indenture"
"record type": "new",
"linked record": "",
"document name": "GreenEarth Agro Ltd Indenture Document Owane Village 1.pdf",
"document type": "lease",
"farm_name": "Owane Village 1",
"field_name": "",
"effective date": "15/08/2022",
"expiration date": "14/08/2072",
"status": "in effect",
"first party": "PA0001",
"second party": "GreenEarth Agro Industries Ltd",
"registrar": "Lands Commission Cape coast Ghana ",
"registration number": "n/a",
"registration hash": "Y4ZDM1ZmM0LTA5NTMtNDFlZC05ZDlh",
"data record": "",
"expensedata": "txn for assoc expense 01",
"memo": ""
Action: LogDocument
Action: LogFarm
"record type": "new",
"linked record": "",
"farm_name": "Owane Village 1",
"field_name": "{
"field": [
"1",
"2"
]
}",
"land_owner": "P00001",
"memo": ""
Project Funding
DLO DATA LOG
RECORDED JSON OBJECT
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "10/09/2022",
"type": "DLO sale",
"source": "0xbebe600585e410a4cfe886ee8c86a88d18561485",
ledger": "Telos EVM",
"record reference": "0xb141a263e5731897d5160554c5497bcc2c0e59e18b99e7625f98accc8d6edfb3",
"amount": "5100",
"currency": "usdc",
"memo": "reserve 150 dlo"
LINKED OBJECT
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "10/09/2022",
"type": "DLO sale",
"source": "0xd14335f2a5bcdf81ca58608c585c8a12b7626022",
ledger": "Telos EVM",
"record reference": "0x374a9da0a610f88a9f6792fe5b2cfbcef997f1ae4c123d67fcbbd81c11f2bf0f",
"amount": "34",
"currency": "usdc",
"memo": "reserve 1 dlo"
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "0xac6be2b90c939648b2980d048a0e20b61f3c7771",
ledger": "Telos EVM",
"record reference": "0xdf89b0b9c13978afc3a25e7112c2446eead70878f612d97628ff801867b4259c",
"amount": "374",
"currency": "usdc",
"memo": "reserve 11 dlo"
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "0xf6aa14f48ce7238c735782cc523c731326b0e400",
ledger": "Telos EVM",
"record reference": "0x447e15b444cb4c7981404e5c3ef0eba608e135cce0b82202a471d417fa840c6c",
"amount": "34",
"currency": "usdc",
"memo": "reserve 1 dlo"
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "0xf6aa14f48ce7238c735782cc523c731326b0e400",
ledger": "Telos EVM",
"record reference": "0xe066dcfdbc817f73f4e3ca350ccbedfc3f0dc2100a79b70b94c718a2301e959b",
"amount": "5100",
"currency": "usdc",
"memo": "reserve 7 dlo"
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "0xf6aa14f48ce7238c735782cc523c731326b0e400",
ledger": "Telos EVM",
"record reference": "0x447e15b444cb4c7981404e5c3ef0eba608e135cce0b82202a471d417fa840c6c",
"amount": "34",
"currency": "usdc",
"memo": "reserve 1 dlo"
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "0xf6aa14f48ce7238c735782cc523c731326b0e400",
ledger": "Telos EVM",
"record reference": "0xe066dcfdbc817f73f4e3ca350ccbedfc3f0dc2100a79b70b94c718a2301e959b",
"amount": "238",
"currency": "usdc",
"memo": "reserve 7 dlo"
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "0xbebe600585e410a4cfe886ee8c86a88d18561485",
ledger": "Telos EVM",
"record reference": "0x4c7b8db2758f61b044f17e0baa291d1fdc9d5d5b0d12b9384f577a814cffd7d2",
"amount": "6800",
"currency": "usdc",
"memo": "reserve 200 dlo"
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "11/09/2022",
"type": "DLO sale",
"source": "The Telos Foundaation",
ledger": "Ethereum,
"record reference": "0xc2046d7c61ce26e0f6d1edeee60736d33e18c3ca13ca139cbcd97e6cf10c886e",
"amount": "14600",
"currency": "usdc",
"memo": "reserve 365 dlo"
Action: LogIncome
Planting
DLO DATA LOG
RECORDED JSON OBJECT
Action: LogExpense
"record type": "new",
"linked record": "",
"period": "09/2022",
"type": "employment costs",
"class": "opex",
"recipient": "various",
"ledger": "cash",
"record reference": "",
"amount": "10000",
"currency": "ghc",
"memo": ""
LINKED OBJECT
Action: LogEmployment
"record type": "new",
"linked record": "",
"period": "09/2022",
"total employment": "46",
"male": "16",
"female": "30",
"expensedata": "txn for assoc expense",
"memo": "land preparation"
Action: LogExpense
"record type": "new",
"linked record": "",
"period": "10/2022",
"type": "employment costs",
"class": "opex",
"recipient": "various",
"ledger": "cash",
"record reference": "",
"amount": "10000",
"currency": "ghc",
"memo": ""
Action: LogEmployment
"record type": "new",
"linked record": "",
"period": "10/2022",
"total employment": "46",
"male": "16",
"female": "30",
"expensedata": "txn for assoc expense",
"memo": "land preparation/planting"
Action: LogExpense
"record type": "new",
"linked record": "",
"period": "10/2022",
"type": "Camera for documentation/marketing",
"class": "opex",
"recipient": "PC0002",
"ledger": "cash",
"record reference": "",
"amount": "5000",
"currency": "ghc",
"memo": "camera purchase"
Action: LogExpense
"record type": "new",
"linked record": "", "
period": "01/2023",
"type": "employment costs",
"class": "opex",
"recipient": "various",
"ledger": "cash",
"record reference": "",
"amount": "10000",
"currency": "ghc",
"memo": ""
Action: LogEmployment
"record type": "new",
"linked record": "",
"period": "11/2022",
"total employment": "46",
"male": "16",
"female": "30",
"expensedata": "txn for assoc expense",
"memo": "maintenance",
Action: LogExpense
"record type": "new",
"linked record": "",
"period": "11/2022",
"type": "misc costs",
"class": "opex",
"recipient": "various",
"ledger": "cash",
"record reference": "",
"amount": "5000",
"currency": "ghc",
"memo": "Agricultural Department Inspections"
Action: LogExpense
"record type": "new",
"linked record": "", "
period": "12/2022",
"type": "employment costs",
"class": "opex",
"recipient": "various",
"ledger": "cash",
"record reference": "",
"amount": "10000",
"currency": "ghc",
"memo": "",
Action: LogEmployment
"record type": "new",
"linked record": "",
"period": "12/2022",
"total employment": "46",
"male": "16",
"female": "30",
"expensedata": "txn for assoc expense",
"memo": "weeding/maintenance",
Action: LogIncome
"record type": "new",
"linked record": "",
"period": "10/2022",
"type": "crop sale",
"source": "PC0001",
"ledger": "cash",
"record reference": "",
"amount": "6000",
"currency": "ghc",
"memo": "txn for assoc cropdata for biomass"
Action: LogEmployment
"record type": "new",
"linked record": "",
"period": "01/2023",
"total employment": "46",
"male": "16",
"female": "30",
"expensedata": "txn for assoc expense",
"memo": "weeding/maintenance",
Action: LogExpense
"record type": "new",
"linked record": "", "
period": "02/2023",
"type": "employment costs",
"class": "opex",
"recipient": "various",
"ledger": "cash",
"record reference": "",
"amount": "10000",
"currency": "ghc",
"memo": ""
Action: LogEmployment
"record type": "new",
"linked record": "",
"period": "02/2023",
"total employment": "46",
"male": "16",
"female": "30",
"expensedata": "txn for assoc expense",
"memo": "harvest",
Market
DLO DATA LOG
RECORDED JSON OBJECT
Action: LogCrop
"record type": "new",
"linked record": "",
"period": "02/2023",
"farm_name": "Owane Village 1",
"field_name": "1",
"crop": "bamboo",
"area planted": "4",
"area unit": "acres",
"amount harvested": "",
"amount unit": "",
"memo": ""
LINKED OBJECT
Action: LogIncome
"record type": "new",
"linked record": "n/a",
"period": "02/2022",
"type": "crop sale",
"source": "PC0001",
"ledger": "cash",
"record reference": "",
"amount": "18000",
"currency": "ghc",
"memo": "txn for assoc cropdata for bamboo"
Action: LogCrop
"record type": "new",
"linked record": "",
"period": "2/23",
"farm_name": "Owane Village 1",
"field_name": "1",
"crop": "oranges",
"area planted": "12",
"area unit": "acres",
"amount harvested": "",
"amount unit": "",
"memo": ""
Action: LogIncome
"record type": "new",
"linked record": "n/a",
"period": "02/2022",
"type": "crop sale",
"source": "PC0001",
"ledger": "cash",
"record reference": "",
"amount": "8500",
"currency": "ghc",
"memo": "txn for assoc cropdata for oranges"
Action: LogCrop
"record type": "new",
"linked record": "",
"period": "02/2023",
"farm_name": "Owane Village 1",
"field_name": "1",
"crop": "corn",
"area planted": "18.1",
"area unit": "acres",
"amount harvested": "9",
"amount unit": "tonnes",
"memo": ""
Action: LogIncome
"record type": "new",
"linked record": "n/a",
"period": "02/2022",
"type": "crop sale",
"source": "PC0001",
"ledger": "cash",
"record reference": "",
"amount": "55133",
"currency": "ghc",
"memo": "txn for assoc cropdata for corn"