CIBUS — Food Ecosystem on the blockchain

Why the blockchain?
Traceability and lucidity are some of the most vital basics of logistics. Blockchain optimizes business transactions and trading associations with strong and secure business networks on Blockchain — in accordance to scalability and globally.
Blockchain provides a shared ledger that is rationalized and validated in real time with each network contestant. It empowers equal visibility of activities and it can expose any asset at any point in time, regardless who owns it and
its latest condition. It is safe, secured, and cannot be tampered by any means so it promotes best transparency.
Transparency is the most challenging aspect of customers that has been increased in recent years. The transparency has the power to evaluate the performance of a supply chain and thereby boost the self-confidence of related players as well as to improve the customer’s trust. The strengths in the transparency of the blockchain are in the honesty as each transaction is unique and none of them can be changed or manipulated afterwards. The sovereign trustworthiness cannot be imposed and exercised by a centralized system, since it is not possible for an outsider to evaluate the trustworthiness of the revealed information. Therefore, it is advantageous to use a blockchain technology over a centralized system in terms of trustworthiness.

Now that you have a brief understanding of blockchain technology and why the Cibus team choose to base their platform around it, lets look into Cibus and the daily issues that Cibus team are aiming to resolve. Everybody has to eat, but not everybody knows where the food on their plate comes from, do you?

What key problems does Cibus aim to solve?
You may wonder why this project is needed at all? Well the Cibus team has identified eight keys areas that currently have problems in the food ecosystem. Using their platform, they aim to combat these, providing a revolution in the food ecosystem worthy of the 21st century by integrating it with the Blockchain. The main areas of problems are as follows;

Currently, there is a trust deficit due to the amount of frequent product recalls, scare of food poisoning due to pathogenic microbial, pesticides and chemical contamination. This has been in the news more and more often recently; M&S, Aldi and Lidl suspend buying from chicken plant that fiddles kill dates — Step in Cibus, they aim to allow consumers to track their food every step of the way, from produce to their table.

No authentic origin and quality info flow through the system leaving increases room for counterfeit products, misleading labels and false claims. Much like with the lack of trust, this has also been in the news recently. See;
Horsemeat scandal: where did the 29% horse in your Tesco burger come from? Do you really know what is in the food you eat? Do you want to take a bite of that burger not knowing if it is 100% beef?

Lack of consistency of origin and quality related data leaves wide scope for product adulteration and falsifying records. This is another perfect example of the link provided above; M&S, Aldi and Lidl suspend buying from chicken plant that fiddles kill dates these are very real concerns that are actively happening on a day-to-day basis.

Rising food prices with middle men taking higher cuts, and broken systems creating inefficiencies. Cibus will cut out the middle men entirely, allowing the producers and consumers to benefit more.

Lack of engagement between producers and consumers due to layers of middlemen filters and construes messages — Cutting out the middlemen, allows engagement to flow directly between parties, allowing for more efficient, quicker communication channels.

Clear lack of voice of consumers (VOC — Voice of the customer (VOC) is a term used in business and Information Technology to describe the in-depth process of capturing customer’s expectations, preferences and aversions), grievance redressal and feedback loop drives poor purchase decisions. Cibus, will bring the power back to the people, giving them back their voice.

Broken supply chains make it impossible for interoperability and scalability of traceable data sharing between participants — Tesco delayed payments to suppliers to boost profits, watchdog finds Cibus will aim to provide security and benefits for all parties involved in the ecosystem.

Inconsistent regulatory watch and inefficient quality systems implementation creates friction confusion and increase waste — Revealed, the full scale of supermarket waste this not only goes for wood waste, but in a increasingly more green aware planet, plastic and rescycle waste also — Supermarkets under pressure to reveal amount of plastic they create

The solutions
Having identified the above areas that are failing in the current ecosystem, the Cibus team has come up with the following solutions to help combat this

The CIBUS network is a blockchain-based ecosystem focusing on food and health supplements ensuring the origin,quality and compliance to transparency. The genesis of CIBUS platform is to bring food and dietary supplements manufacturers, producers, sellers or traders under one functional, interactive, and mutually profitable platform based on blockchain technology enabling a transparency via trustworthy data sitting on distributed ledger that can be freely accessed by all interested parties; so that both the business owners and consumers can enjoy best
possible transparency, authenticity, and reliability about the food products they are interested in.
Production and distribution records maintained in CIBUS blockchain cannot be falsified. Consumer/Buyers and food producers and regulators could use it to quickly trace food products back to their source, allowing quick
removal in case of recall or fraud detection providing high degree of transparency.
CIBUS Token enables trust less transaction within the platform between all participants. It is the underlying
currency for all transactions, mode of payment for transaction fees, escrow services, and advertising and will provide commercial analytics and transnational intelligence. All transacting parties will be required to buy and pay using CIBUS tokens.

Token Sale breakdown
Now you know a little about the project, the issues that the current ecosystem is facing, and the solutions that Cibus aim to implement to combat these, you may be interested in purchasing some of the tokens and take part in this exciting venture yourself, well look no further, details on the token sale, how and where to take part, the dates and bonuses to early investors are below.

Like with most ventures, early adopters are the ones who place their faith in the project as it’s most vulnerable point, and as a result of their trust and faith will reap the best rewards and prices, and Cibus is no exception. The details of the token sale are as follows:

+50% Free Token Bonus
Till 28 Feb, 2018, 10:59 AM (GMT)

+30% Free Token Bonus
28 Feb, 2018, 11:00 AM (GMT) till 7 Mar, 2018 10:59 AM (GMT)

+20% Free Token Bonus
7 Mar, 2018, 11:00 AM (GMT) till 14 Mar, 2018, 10:59 AM (GMT)

+16% Free Token Bonus
14 Mar, 2018, 11:00 AM (GMT) till 21 Mar, 2018, 10:59 AM (GMT)

12% Free Token Bonus
21 Mar, 2018, 11:00 AM (GMT) till 28 Mar, 2018, 10:59 AM (GMT)

As you can see, the bonus for taking part in the opening weeks is as high as 50%, rewarding those who take part early.

The tokenomics of the projects are as follows:

If you are interested in taking part in the Cibus ICO, you can visit their website, and join in the crowdsale. https://www.cibus.world/

The breakdown on the total supply of tokens and how much is reserved for each section of the project are as follows, following their goal to provide trust and transparency, publishing these figures helps provide an idea of the distribution of the supply for those who are interested in taking part in the token sale.

Roadmap
You may be wondering what the timeline setup for the project is, and when the pieces of the puzzle will come together, well look no further! The roadmap has been setout by the team at Cibus.

Meet the team!
With a selection of expects from all areas of the target market, Cibus has put together a team with a wealth of knowledge and expertise to work on their venture, you can see the team members and each of their positions within the project below. In a sector dominated with scams and lack of transparency ,as seen in the news on a near daily basis— Scammers are cashing in on Telegram’s upcoming ICO — Cibus again aims to lead from the front by posting links to all of it’s team members and photos of them, providing a high level of trust and transparency.