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ZEC $1,355 Cardano Foundation reports 100,000 Indian farms registered on-chain
The Foundation says 5am.earth's agricultural data project now holds 100,000 farm records on Cardano, up from about 15,000 in June.
Key takeaways
- Registrations reached 100,000. The Foundation says 100,000 Indian farms are now registered on Cardano, up from more than 15,000 earlier.
- Funding request is 10 million ADA. 5am.earth's treasury proposal asks for 10 million ADA over 18 months through milestone-based payments.
- Pilot covers up to 5,000. A proposed Seedstars pilot covers 1,000, 5,000 farmers, with initial loans ranging from $100, $500.
What happened
The Cardano Foundation said on Oct. 21 that 100,000 farms in India are registered on Cardano through 5am.earth's agricultural data project. The Foundation linked to a Cardanoscan address and said each transaction there represents an individual farm.
Each farm record combines local field information, satellite-verified boundaries and historical sustainability data. The Foundation's case study says parcels receive decentralized identifiers tied to satellite-checked boundaries, and sustainability assessments draw on 12 years of biomass and crop data.
The project involves 5am.earth and Syngenta Foundation India, with technical contributions from AIQUANT, Anastasia Labs and Andamio. 5am.earth's treasury proposal seeks 10 million ADA over 18 months through milestone-based payments, and names six active districts in Maharashtra.
A proposed Seedstars pilot covers 1,000, 5,000 farmers, with initial loans ranging from $100, $500.
First $0.2556Latest $0.2288-10.5% over the period
Points are daily observations, not closing prices.
Why it matters
The Foundation says over 100 million small farmers in India sit outside formal economies because trusted, verifiable agricultural data is missing. Without credible records on land boundaries, crop history and practices, those farmers often cannot get financial services or insurance.
The project aims to let banks, buyers, insurers and government programs reuse one verified record instead of checking the same farmer separately. 5am.earth says the infrastructure could handle up to 1 million farms without additional operating costs.
What is still unclear
- The Foundation's case study previously listed more than 15,000 farms after mainnet deployment and initial field trials, before the latest announcement put registrations at 100,000. The reports do not give a date for the 100,000 figure beyond the Oct. 21 announcement.
- The Seedstars pilot and the 10 million ADA treasury request are described as proposed, and the reports do not say whether either has been approved.
Questions readers ask
How many Indian farms are registered on Cardano?
The Cardano Foundation says 100,000 farms in India are registered on Cardano through 5am.earth's agricultural data project. In June the Foundation had reported about 15,000.
What is 5am.earth asking from the Cardano treasury?
Its treasury proposal seeks 10 million ADA over 18 months through milestone-based payments. The reports describe the request as a proposal.
What data goes into each farm record?
Records combine local field information, satellite-verified boundaries and historical sustainability data. Sustainability assessments draw on 12 years of biomass and crop data.
Who is working on the project?
The project involves 5am.earth and Syngenta Foundation India, with technical contributions from AIQUANT, Anastasia Labs and Andamio.
