Abstract

This white paper is a reader-friendly description of the ASKJA ecosystem which is built on the Binance Smart Chain network and will bridge to the Polygon blockchain.

ASKJA is an ecosystem for farmers, breeders and animal lovers. ASKJA has its own cryptocurrency (ASK) and a set of interconnected tools such as mobile applications, websites. 


ASKJA's long term goal is to connect consumers and farmers in a meaningful way, 
through direct payments, transparency and traceability.

ASKJA's first applications will offer a user friendly, secure, and affordable way to store cryptocurrencies and NFTs. Those assets can be sold and bought on dedicated marketplaces.
 

At a later stage of it's growth, ASKJA will offer services, so farmers can register their products as NFTs or multi-tokens. This process will create decentralized traceability, that will take it's full meaning through partnerships with shops and retailers. This will allow products to be scanned to reveal, for example, the origin of the products.

Farmers will also be able to sell goods on a dedicated platform and receive ASK tokens as payment.
 

ASK token offers economic freedom and opportunity to anyone, anywhere. It does this by decreasing the cost of money transfers and allowing people to send or receive cross-border payments instantly. 
 

ASK Token is a key constituent of the ASKJA system which enables spending, saving, donating and gives access to other upcoming services in the ASKJA ecosystem.
 

Market Context

We believe that blockchain technology will have an impact on society, and we want to contribute to the positive side of this evolution. Our expertise in the fields of agronomy and the environment will enable us to pioneer a set of tools to expand ASKJA use.

 

Our mission is to have an impact and make the right step toward equal rights and the well-being of humanity, nature, and animals.

The nutrition concerns for people today have evolved into a more holistic concept — one that values the health and success of local communities and growers. Consumers today are willing to pay more for products that come from local farms or producers, especially if they are centered on initiatives that consumers identify with — fresh and farm to table, organic farming, ethical labor practices, etc. This evolving set of values directly benefits us as we hope to connect consumers with local farmers.

Globally, about 1.7 billion adults remain unbanked — without an account at a financial institution or through a mobile money provider. They have few opportunities to have a safe and secure way to participate in the global economy.

On-boarding this missing population to the benefits of the global financial system is key in order to provide a sustainable solution for their future economic outlook.

Many people in the world do not have access to their ID, this happens often in war-torn countries as refugees flee. Without the correct documentation, they will often be stranded in camps. We will use NFTs to securely store their ID giving them access anywhere in the world without the need of a physical copy.

Introduction

We are living in times of digital transformation. The impact of this transformation is clearly seen in how we share information and communicate. There are attempts to digitize many aspects of our lives, especially in the world of finance, documentation, and agriculture. Most notably, the advent of Blockchain technology has enabled us to digitize money via cryptocurrencies such as Bitcoin.

 

ASKJA is focused on building tools for the blockchain era, which eventually will become a one-stop store for agricultural products and animal-related services.

ASKJA is one of the first solutions addressing the essential needs of today’s market:

  • A single solution to manage crypto and NFT accounts.  

  • Providing access to financial services to the unbanked.

  • Enabling farmers to accept crypto payments for their services .

  • Providing instant transactions between crypto and fiat.

  • Simplifying tracking in supply chain.

 

ASKJA wallet is an all-in-one financial service for businesses uniting fiat accounts and crypto wallets in one unique ecosystem. ASKJA allows farmers to accept payments and pay in both fiat and crypto, benefitting from staking of their working capital.

Consumers are struggling to leverage the benefits of the Blockchain infrastructure and NFTs due to poor usability and a non-customer-centric approach.

Our pioneering services not only enable farmers to use Cryptocurrencies for everyday transactions but also provide solutions to connect their businesses to the digital currency domain. We aim to provide the most innovative solution for farmers to tap into the crypto world's potential.

 

ASKJA will also seamlessly integrate NFTs and our native token into animal-related games, we believe this will greatly increase the demand for our token.

Purpose Of Askja

We strongly believe that there should be an efficient alternative to the existing payment and banking systems. In other words, our blockchain-based payment system aims to lower financial inclusion obstacles and provide financial services for the banked and unbanked. Therefore, our vision is to build a revolutionary and comprehensive banking platform for all users worldwide.

Wallets

ASKJA wallets are custodial wallets. They fully integrate in each application of the ecosystem. It is a way to spend and save, fee-free. 

ASKJA token will be used by consumers to buy goods directly from farmers. It will also be used to buy NFTs from our platform.

Remittance

ASKJA will facilitate low-cost currency exchanges​ allowing customers to send money across borders quickly, for a small flat fee - a fraction of the current costs, which today on average are 7 %.

Farmer´s fund

ASKJA token will raise money for initiatives worldwide. The farmer´s fund allocations will be chosen by the community.

Design Of Askja Token

The ASKJA token allows any two parties to transact directly with each other without the need for a trusted third party.

The ASKJA token uses the Ethereum network which is a PoS consensus. This means that the ASKJA token will select validators based on the quantity of their ASKJA holdings (e.g., Businesses) and enable them to secure decentralized networks via staking without needing to consume vast amounts of energy.

 

This allows businesses to earn a Reward for supporting the network.

 

The Askja token will initially be deployed on Ethereum, but the token is chain-agnostic, and tokens can exist simultaneously on many platforms.

Askja token will have multichain capabilities by using bridges. It will also have bot prevention measures built into the smart contract.

Benefits Of Askja

Seamless Crypto and Fiat integration - Askja is one of the first service providers allowing businesses to instantly accept and convert all payments - crypto and fiat.

Passive income - By converting your balance to ASK token, consumers can make money from staking.

Finance management system - A system for invoicing, accepting card payments, and other convenient functionality for businesses - accounting operation management, and others.

Askja cuts out the cryptocurrency complexity - With Askja, whether you’re at home, in the office, or out and about, customers benefit from a convenient way to manage their cryptocurrencies and traditional currencies. Each function has been designed to be intuitive to use, customers don’t need any special technical skills or banking skills.

Secure - Askja is one of the first services that brings world-class, bank-grade security to the cryptocurrency world. We use a combination of hardware and software technologies to deliver multi-layered security that does more to protect each customer’s Askja account, so our customers can enjoy the freedom and flexibility that cryptocurrencies offer – while we take care of day-to-day security issues.

Askja Applications

Askja seeks to make cryptocurrency use mainstream. While there are currently many ways to buy and exchange cryptocurrencies, all of them require users to be quite savvy about how to store and transfer them.

To us, that seems unrealistic for the average customer. To really achieve full crypto adoption, there needs to be a service that makes it simple for anyone to use cryptocurrencies alongside fiat currencies.

The ASKJA Wallet is designed to be intuitive and similar in appearance and usability to traditional online banking services. The interface clearly shows different accounts for fiat and cryptocurrencies, and how much is in each account.

In the ASKJA wallet, customers can easily:

•      Top up their accounts from bank accounts or use cards

•      Buy and sell cryptocurrencies

•      Make payments with fiat currencies

•      Donate Fiat or cryptocurrencies

•      transfer cryptocurrencies to and from external wallets

•      Transfer money out of their accounts

KATLA & BESTIZ

Katla and Bestiz are mobiles applications, available on iOS and Android. Katla is dedicated to horses, Bestiz to pets.

With those 2 unique applications, people can create, own, and monetize their pictures using ASK, the main utility token of the platform.

 

ASK holders will be also able to participate in the governance of the platform via a Decentralized Autonomous Organization (DAO), where they can exercise voting rights on key decisions of The ASK ecosystem. As a user, you can create digital assets (Non-Fungible Tokens, aka NFTs), and upload them to the marketplace.

 

Our vision is to let people share their love of animals without a central authority. We are aiming to disrupt existing social media like Instagram and Reddit by providing creators true ownership of their creations as non-fungible tokens (NFTs) and rewarding their participation with our utility token – ASK.

 

Central control over the trading of virtual goods created by people restricts them from generating fair value for their creations. Compounding this, it can be difficult to prove creative ownership of works, especially as content is copied, altered, and built upon.

 

With Katla, we aim to overcome these limitations while accelerating blockchain adoption to grow the blockchain social media market. Copyright ownership will be established and guaranteed using NFTs, where every picture will have a unique and immutable blockchain identifier.

LAMB 

LAMB will utilize smart contracts to show where produce came from in seconds. Our platform thus provides solutions to issues of food quality and safety, which are big concerns of consumers, government, etc.

From the producers’ perspective, LAMB helps establish a trust relationship with consumers and build up the reputation of their products, by transparently providing individual product information in the blockchain. This would make it difficult for suppliers of low-quality products to stay in markets and would force all suppliers to improve the quality of products in the whole agricultural and livestock sectors.

From a consumer perspective, LAMB can be vitally important in offering users reliable and authentic information regarding how their food is produced. It can be used to address numerous consumer concerns relating to the quality, safety, and environmental friendliness of their food. As consumers can attain a greater understanding of their food production process, it allows them better freedom to interact with the producers of their food.

From the regulatory agencies’ perspective, LAMB makes reliable and accurate information available for them to carry out informed

and efficient investigations. LAMB can record the information of a product from its provenance to the retail store. It provides a secure and immutable way of storing data collected at the start of the supply chain, e.g., pesticide residues of grain.

Askja Token Issuance Plan

Ticker Symbol: ASK

Type: Utility Token

No.of issued coins at the time of listing: Maximum of 1,000,000,000 coins

Planned Sales Price: 1 ASKJA = US$0.025

Standard: Ethereum Token Standard

Issuance Limit: 1,000,000,000 tokens

 

Allocation Plan of Coins Issued

We plan to have several private sales and a pre-sale before we launch.

At the time of the ITO (initial token offering), we plan to issue a maximum of 1,000,000,000 coins.

The money raised will be used to expand our cryptocurrency offerings more quickly and get the ASK token on major exchanges sooner.

Token Issuance Limit

The maximum number of tokens that can be issued is 1,000,000,000 tokens. New tokens may not be issued,

However, to maintain ASK’s asset value and to incentivize customers to hold the ASK token, we may reduce the supply by burning tokens.

Vision

We hope to rollout and develop services for the ASKJA ecosystem over the next 10 years (Stated in the “ASKJA Applications”. We will have a slow growth approach, and this will lead to a steady increase in the price of the token as the demand of our services increase.

Conclusion

Farmers currently are facing many problems caused by unsustainable agriculture practices including droughts, poverty, climate change, and the destruction of ecosystems and natural resources that they rely on. Given these threats to their livelihood, ASKJA has stepped in to create not just sustainable, but regenerative ideas and solutions. To help with the transition to more sustainable agricultural practices and a fairer world economy.

 

ASKJA has been working in the agricultural space for over 10 years and we believe our knowledge of the industry will allow us to make a significant impact across the world.

Disclaimer

PLEASE READ THE ENTIRETY OF THIS "DISCLAIMER" SECTION CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS, OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. ANY OF THE PROJECT TEAM MEMBERS (THE ASKJA TEAM) WHO HAVE WORKED ON THE ASKJA PROJECT (AS DEFINED HEREIN) IN ANY WAY WHATSOEVER, NOR ANY SERVICE PROVIDER SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THIS WHITEPAPER, THE WEBSITE OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY.

Purpose of this Whitepaper

This Whitepaper is designed and intended for informational purposes only. The outline and roadmap of the project development are conceptual, and details, features, partners, and regulators are the subject of change. It contains the plans and targets Askja team intends to reach, shared for informational purposes only and are not legally or otherwise binding, the development, releases, feature, product, or functionality timeframe and execution remaining at the sole discretion of the Team, Company, Service providers, and Partners.

 

This information should not ever be perceived as financial advice and no financial decisions should be made based on it. Askja team is under no obligation to update the Whitepaper or the Website or to provide recipients with access to any information beyond what is provided herein.

 

Any services you decide to use at your own discretion have binding Terms and Conditions not being included here. The information herein may not be exhaustive and does not imply any elements of a contractual relationship. There is no assurance as to the accuracy or completeness of such information and no representation, warranty, or undertaking is or purported to be provided as to the accuracy or completeness of such information. Where the Whitepaper or the Website includes information that has been obtained from third party sources, the Company, the Distributor, their respective affiliates, and/or the Askja team have not independently verified the accuracy or completeness of such information. Further, you acknowledge that circumstances may change and that the Whitepaper or the Website may become outdated as a result; and neither the Company nor the Distributor is under any obligation to update or correct this document in connection therewith.

 

Regulatory approval: No regulatory authority has examined or approved any of the information set in this Whitepaper or the Website. No such assurance has been or will be taken under the laws, regulatory requirements, or rules of any jurisdiction. The publication, distribution, or dissemination of the Whitepaper or the Website does not imply that the applicable laws, regulatory requirements, or rules have complied

with.

 

The use of any company and/or platform names or trademarks herein (save for those that relate to the Company, the Service provider, or their respective affiliates) does not imply any affiliation with, or endorsement by, any third party. References in the Whitepaper to specific companies and platforms are for illustrative purposes only.

 

Language: The Whitepaper is composed in the English language and may be translated into another language than English for reference purposes only and in the event of conflict or ambiguity between the English language version and translated versions of the Whitepaper or the Website, the English language versions shall prevail. Considering the informative purpose of the Whitepaper, no claims regarding possible misinterpretation of the provided information can be raised.